Sugar boost fails to hold up FTSE

clock

The FTSE 100 has ended the day down 46.6 points, or 0.78% to 5,928.3, with a mix of weak insurers, and gloomy miners ensuring a poor result.

Although Tate & Lyle and Severn Trent did their best to keep the FTSE on top, poor earnings news mixed with increased oil prices and rate fears kept the index down. Prudential ended the day among the leading losers with a fall of 2.6% to 562.5p, following Friday’s poorly received figures, with Legal & General falling in sympathy with a drop of 1.97% to 124.25p. BHP Billiton, Anglo American and Rio Tinto also closed lower, while Vodafone and Alliance Boots went ex-dividend today. The chemist group, which began trading today following the merger of Alliance Unichem and Boots, fell 2.54% t...

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