O2 fails to bring the FTSE down

clock

The FTSE 100 is on the rise for the fourth session in a row on as it is currently up 9.3 points, or 0.17% to 5353.60, with Royal and Sun Alliance leading the gains.

Many stocks continued the strong run seen in the previous session, as PartyGaming added 0.8% to 94.25p, still buoyed by strong figures from rival 888.com, while BG Group has gained 1.06% to 522.5p, on market speculation that Royal Dutch Shell may bid for the company. Royal and Sun Alliance is showing the biggest gains with a rise of 3.5p, or 3.48%, to 104p, while O2 is currently leading the losers with a 5.38% drop to 198p after Deutsche Telekom's finance chief, Karl-Gerhard Eick, said it was not in the interests of the company's shareholders to bid for the British firm. On Monday, Sp...

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

Rathbones brings together responsible investment in Centre of Excellence

Rathbones brings together responsible investment in Centre of Excellence

Combines ethical and sustainable research capabilities

Patrick Brusnahan
clock 29 May 2026 • 1 min read
Why active management matters more for income investors

Why active management matters more for income investors

Significant implications for advisers and investors relying on passive income strategies

Rory Sandilands
clock 29 May 2026 • 4 min read
Can the energy crisis power renewables past their headwinds?

Can the energy crisis power renewables past their headwinds?

Renewables continue to see headwinds

Ian Aylward
clock 28 May 2026 • 3 min read