In London, markets climbed after British Airways reported strong results, and the FTSE 100 added 52.5 points (0.84%) to 6,304.3.
British Energy Group shares climbed after news of a takeover offer, up 35.5p (5.22%) to 715.5p, while London Stock Exchange added 55 points (5.06%) to £11.43. Royal Bank of Scotland shares continued to slide after yesterday’s share issue, down 9.5p (3.44%) to 266.5p, while Rolls-Royce dropped 10.75 points (2.39%) to 439.25. On Wall Street, stocks fell in early trading as oil continued to reach record prices and by mid-morning the Dow Jones was down 88.01 (0.68%) to 12,904.65. Chevron shares made the biggest gains, up 1.17 (1.19%) to $99.66 as the rising cost of oil boosted energy compani...
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