FTSE gets boost from Wall Street

clock

In the UK the FTSE 100 Index has fed off positive trading in the US, adding about 30 points to 4930.2 points in its morning session.

Shire Pharmaceuticals is up 16p to 578p, along with Rio Tinto, up 31p to £17.21. Smith & Nephew meanwhile, has slipped 26p to 496p. In Tokyo, the Nikkei 225 Stock Average advanced 0.9% to 11,668.95, after a fall in crude oil prices in New York boosted stocks in Japan A positive day in the US also boosted export firms including Sony, up 0.7%to 4,270 yen, along with Advantest Corp up 1.4% to 8,220 yen. Nippon Steel picked up 3% to 271 after the steel manufacturer and Kobe Steel said they would buy a combined 12% stake in Sumitomo Metal Industry’s Wakayama steel mill. In the US the ...

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

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
FCA seeks feedback on stablecoin and crypto policy proposals

FCA seeks feedback on stablecoin and crypto policy proposals

Feedback deadline set at 31 July

Patrick Brusnahan
clock 29 May 2025 • 1 min read