FTSE falls again after catering blip

clock

The FTSE 100 fell sharply again today closing down 22 points, or 0.43%, to 5,142.10, as concerns over the investigation at Compass sent the caterer to the bottom of the pile.

Compass closed down 10.75p, or 5.79%, to 175p, while mining stocks were no better as fears over commodity prices sent prices lower. Rio Tinto dropped 57p, or 2.68%, to 2073p and Antofagasta slipped 33p, or 2.3%, to 1400p. Elsewhere Rentokil closed down 3.5p, or 2.25%, to 151.75p, after Gerry Robinson said he was withdrawing his interest in the group after talking to shareholders. In good news PartyGaming ended positively higher, climbing 8p, or 10.26%, to 86p, after its trading update, while insurers were also on good form after Legal & General climbed 3p, or 2.92%, to 105.75 after its...

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

Taking the rough with the smooth: How to navigate global market volatility

Taking the rough with the smooth: How to navigate global market volatility

'Like investing, smoothing isn't one-size-fits-all'

James Tothill
clock 13 June 2025 • 4 min read
Four key questions to guide informed investment decisions

Four key questions to guide informed investment decisions

Does the story make sense?

Gabriel Sacks
clock 12 June 2025 • 4 min read
Neil Woodford to charge up to £70 a month to access portfolio platform

Neil Woodford to charge up to £70 a month to access portfolio platform

W4.0 launches

Cristian Angeloni
clock 06 June 2025 • 2 min read