Carnival ships FTSE past 5,900

clock

The FTSE 100 index has ended the day just over the 5,900 mark with a rise of 3.8 points, or 0.06%, to close at 5,900.4 as Carnival and PartyGaming.com led stocks higher.

Cruise operator Carnival led the gains with an increase of 6.37% to £21.72 after it received a “buy” note, while PartyGaming added 4.37% to 113.5p on speculation it is buying up shares in rival company BWIN. Mining stocks also continued to do well following on from this morning’s gains, with Vedanta up 3.13% to £13.83, while the steel firm Corus gained 3.17% to 407.25p following reports of a bid from Evraz. However, SABMiller posted the biggest losses with a drop of 2.94% to £10.40, closely followed by Rentokil which slipped 2.57% to 161p after both companies were downgraded by brokers....

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
Stock pickers call for caution over rapid return to US equities

Stock pickers call for caution over rapid return to US equities

Quilter's WealthSelect boosts fixed income and reduces equity exposure

Linus Uhlig
clock 01 July 2025 • 1 min read