FTSE ends with a happy Corus

clock

The FTSE 100 Index added 17.30 points, or 0.3%, to 5,851 points today, led by Corus.

Corus gained 3.45% to 419.75p after Citigroup lifted its estimates for European steel prices. Shire Pharmaceuticals rose 2.96% to 852.50p after its Hunter syndrome drug Elaprase won approval from US regulators. Anglo American gained 0.85% to 2,138p, Rio Tinto advanced 1.87% to 2,725p, Antofagasta rose 1.60% to 397p and Xstrata advanced 3.42% to 2,042p as metal prices improved. Misys gained 2.85% to 243.50p after it decided to let prospective bidders look at its books. In the US, the Dow Jones Industrial Average has fallen 36.56 points, or 0.3%, to 11,014.49 points after a profit for...

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

Muted response as Labour names Grimsby Town FC co-owner next investment minister

Muted response as Labour names Grimsby Town FC co-owner next investment minister

After the sudden exit of Poppy Gustafsson last week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Hargreaves Lansdown and Schroders to launch double LTAF offering

Hargreaves Lansdown and Schroders to launch double LTAF offering

From next week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Darius McDermott: Complacency at the peak

Darius McDermott: Complacency at the peak

'Markets to hit new highs, while credit spreads are at multi-decade lows'

Darius McDermott
clock 08 September 2025 • 5 min read