FTSE fighting its way back to 4,500

clock

The benchmark FTSE 100 is currently up about 30 points to 4,444 after UK stocks rose paced by Antofagasta and Xstrata.

Antofagasta, a miner, rose 63p to 899p. Xstrata, one of the world's biggest coal exporters, advanced 30.5p to 658p. Compass Group gained 8.5p to 352.5p. The caterer reported fiscal first-half pretax profit before amortization and one-time charges rose 5.2% from the year-ago period to £283m after it had gained contracts in the US, Europe, Asia and Africa. Rentokil Initial, a pest- control company, lost 33p to 142.5p. This is the company’s sharpest drop in 5 years. Unilever, one of the world's largest maker of food and soap, declined 9.5p to 514p. In Asia, Tokyo's Nikkei 22...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Muted response as Labour names Grimsby Town FC co-owner next investment minister

Muted response as Labour names Grimsby Town FC co-owner next investment minister

After the sudden exit of Poppy Gustafsson last week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Hargreaves Lansdown and Schroders to launch double LTAF offering

Hargreaves Lansdown and Schroders to launch double LTAF offering

From next week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Darius McDermott: Complacency at the peak

Darius McDermott: Complacency at the peak

'Markets to hit new highs, while credit spreads are at multi-decade lows'

Darius McDermott
clock 08 September 2025 • 5 min read