FTSE plays the weighting game

clock

Equal numbers of shares are up and down this morning, but weightings of individual companies within the FTSE 100 have helped the index to a 2 points rise to 4,496.

Abbey National is up 10.25p to 507.25p as speculation continues the bank will fall to a bid from overseas. British Airways is up 3.5p to 269.75p after oil future fell on the ending of a strike by oil workers in Norway – the world’s third biggest exporter after Saudi Arabia and Russia. Antofagasta, the London-listed Chile-based copper miner, is up 8.5p to 962p as traders bet prices will rise again this week. Prudential is up 4p to 467p after weekend speculation of a £1.4bn bid for its Egg online bank from US-based Capital One, a large issuer of Visa cards. MmO2 is down 1p to 92.7...

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

Omnis Investments launches passive range for Openwork and 2plan advisers

Omnis Investments launches passive range for Openwork and 2plan advisers

L&G to run day-to-day investment management

Patrick Brusnahan
clock 19 May 2026 • 2 min read
Digital bank Zopa gains targeted support authorisation

Digital bank Zopa gains targeted support authorisation

Receives regulatory approval for investment products

Sophia Panayi
clock 19 May 2026 • 1 min read
FCA and BoE called to provide certainty on tokenisation regulation

FCA and BoE called to provide certainty on tokenisation regulation

Tokenisation set to boost efficiency

Linus Uhlig
clock 18 May 2026 • 2 min read