Financials give FTSE a lift

clock

The FTSE 100 Index has added 5.60 points, or 0.1%, to 6092 so far in morning with stocks including Royal Bank of Scotland Group gaining.

Royal Bank of Scotland, the UK's second-largest bank, has risen 58p, or 3.2%, to 18898. The bank said 2006 earnings will jump more than 11%, helped by corporate lending and a drop in bad loans as a proportion of revenue. Man Group, the world's largest publicly listed hedge-fund manager, has advanced 6.5p, or 1.4%, to 486.5p. While Legal & General Group has also climbed 3.25p, or 2.2%, to 154.75p. Mining stocks are on the rise after copper gained for the first time in three days in Asia. Lonmin, the world's third-biggest platinum producer, added 44p or 1.4 %, to 3215p. Copper for deliv...

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

IFAs look to boost clients' private markets exposure

IFAs look to boost clients' private markets exposure

Expect increase in stock market volatility

Jen Frost
clock 02 July 2025 • 2 min read
Winds of change: Private markets access for retail investors

Winds of change: Private markets access for retail investors

Investing in LTAFs, accessibility aside, needs careful consideration

Dorian Hughes
clock 02 July 2025 • 5 min read
Watch Professional Adviser's Working Lunch on the Baillie Gifford Managed Fund- The benefits of diversification in an uncertain world

Watch Professional Adviser's Working Lunch on the Baillie Gifford Managed Fund- The benefits of diversification in an uncertain world

Catch up on the discussion

Professional Adviser
clock 30 June 2025 • 1 min read