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 i...

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