Old Mutual results brings FTSE down

clock

The FTSE 100 has ended the day down 22.9 points, or 0.38%, to 6,027.2, with Old Mutual leading the decline.

Acting as the biggest drag on the index, the South African insurer fell 5.82% to 166p, following its third quarter results, closely followed by Experian which slipped 3.41% to 566p, while British Energy Group dropped 2.6% to 467.5p. ICI fell 2.39% to 408.75p, while miner BHP Billiton slipped 2.09% to 937p, although losses were limited by Gallaher Group which rose 1.73% to 942p, closely followed by Rexam which added 1.63% to 529p. Amvescap posted the biggest gains with a rise of 2.75% to 560p, closely followed by Yell Group which climbed 2.33% to 570p, while Imperial Tobacco also performe...

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

Taking the rough with the smooth: How to navigate global market volatility

Taking the rough with the smooth: How to navigate global market volatility

'Like investing, smoothing isn't one-size-fits-all'

James Tothill
clock 13 June 2025 • 4 min read
Four key questions to guide informed investment decisions

Four key questions to guide informed investment decisions

Does the story make sense?

Gabriel Sacks
clock 12 June 2025 • 4 min read
Neil Woodford to charge up to £70 a month to access portfolio platform

Neil Woodford to charge up to £70 a month to access portfolio platform

W4.0 launches

Cristian Angeloni
clock 06 June 2025 • 2 min read