Lloyds TSB Group and Halifax Bank of Scotland (HBOS) led the financials fight back on Friday, as the FTSE soared.
The blue-chip index has climbed 61 points, or 1.4%, to 5.431.2, in early trading. Lloyds TSB Group has advanced since its tumble earlier in the week, with a change of 12.5p to 292.5p, whereas HBOS has risen 11.75p taking it to 283.75p per share. Liberty International, the UK commercial property management firm, also climbed, by 33.5p to 908.5p. Friday’s foremost loser so far is Petrofac, with a tumble of 11p down to 578.5p, whilst Tullow Oil has stumbled after days of being at the top of the winning chart, with a change of 10.5p, down to 789p. Cairn Energy has also dropped, by 28p, taki...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
