FTSE fails to capitalise on energy boost

clock

The FTSE 100 has ended the day flat, down just 1.1 points, or 0.02% to 5,888.9 despite performing well during the afternoon.

Increased oil prices caught the FTSE off guard, while fears of tighter US regulation next week caused PartyGaming.com to top the list of falling stocks with a drop of 5.88%, or 6.75p, to 108p. Other poorly performing stocks included Aviva which slipped 3.65% to 725p, as it confirmed this morning it was in talks to buy its American insurance company rival, AmerUS. Prudential also dropped 2.66% to 585.5p, and both may not have been helped by Standard Life’s announcement this afternoon which will see the UK’s newest FTSE 100 company join the index at 230p a share on Monday – at the lower...

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

FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

Accused of breaching FSMA

Michael Nelson
clock 08 June 2026 • 2 min read
M&G's PruFund coming to Scottish Widows Platform

M&G's PruFund coming to Scottish Widows Platform

First third-party platform launch

Jen Frost
clock 08 June 2026 • 2 min read
Investors move from cash to US equities as confidence improves

Investors move from cash to US equities as confidence improves

Investment Association figures show

clock 05 June 2026 • 3 min read