FTSE 100 at 5,500 is still just out of reach

clock

Hitting that psychological 5,500 FTSE 100 barrier still seems to be just out of reach as the index is today making very slows gains.

SABMiller, Centrica and Man Group have so far seen the best of performance, lifting the FTSE 100 by 17.3 points or 0.3% to 5495.5 and is currently heading for its best monthly gains since 2003 as the index has risen almost 4% in September alone. Brewer SABMiller is up 26p or 2.4% to £11.14 after receiving a 12-month upgrade in its share price to £12.50 pence on the back of anticipated profits. Centrica has also gained 2.75p or 1.1% to 246.25 after a similar upgrade. And hedge fund manager Man Grouphas so far earned 17p or 1% to £16.73 after reporting the firm gained $200m in assets...

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

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
FIF25: House of Lords member calls for stronger international economic cooperation

FIF25: House of Lords member calls for stronger international economic cooperation

Economics often a driver of geopolitical instability

Sorin Dojan
clock 04 June 2025 • 2 min read
Woodford sets date for portfolio platform launch

Woodford sets date for portfolio platform launch

W4.0 will launch on Friday 6 June

Cristian Angeloni
clock 03 June 2025 • 1 min read