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...

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

Protecting portfolios during heightened inflation risk

Protecting portfolios during heightened inflation risk

'This is a year for careful, defensive positioning'

Fahad Hassan
clock 30 March 2026 • 3 min read
Wealth Club launches UK's first private markets SIPP

Wealth Club launches UK's first private markets SIPP

45% income tax relief

Patrick Brusnahan
clock 24 March 2026 • 1 min read
Rebalancing act: Sometimes doing very little in portfolio management is the hardest thing to do

Rebalancing act: Sometimes doing very little in portfolio management is the hardest thing to do

'More often, it's the quieter disciplines that matter most'

Phillip Young
clock 23 March 2026 • 3 min read