The FTSE 100 index has climbed a further 11 points to 5172.10 points in its morning session, paced by bid talk around ITV.
The broadcasting firm has picked up 7.25p to 132p, on the back of a takeover bid speculation by a US consortium including Time Warner, Goldman Sachs and Apax Partners, cast by various media reports. Oil-related firms have also climbed higher, led by led by BP and Shell Transport & Trading as crude oil increased in Tokyo. BP has added 15p to 609p, while Shell has picked up 563p. Mining firm BHP Billiton also climbed 9.5p to 731.5p. At the other end of the board, pub chain Enterprise Inns shed 16p to 833.5p. In Tokyo, stocks advanced for a fifth day led by exporters including Nissan...
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