Banks down but other sectors up as FTSE gains

clock •

The FTSE 100 index is up about 7 points to 4,554 as three of the biggest stocks make gains to offset a fall by the banking sector sparked by RBOS' acquisition of a US bank.

Vodafone is up 3p to 142.5p. GlaxoSmithKline is up 11p to 1,189p. BP is up 1.75p to 494p as oil prices reach new highs on security fears linked to the Middle East. Aviva is up 3p to 555.5p after reporting growth in both sales and profit margins from its UK and European businesses in the first quarter, helping send the insurance sector higher. L&G is up 0.75p to 95p, Pru is up 6p to 455.5p, and Friends Prov is up 2.75p to 147.5p. Royal Bank of Scotland is down 72p to 1,650p after announcing it will sell up to £2.5bn worth of new shares to help fund the $10bn purchase of Charte...

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

Stock market crashes – the rational and the emotions

Stock market crashes – the rational and the emotions

'Several characteristics associated with previous pre-crash periods are present today'

Paul Wood
clock 30 September 2026 • 5 min read
Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Around 160 roles vacated

clock 23 September 2026 • 1 min read
Nine SJP funds flagged for underperformance in AoV despite improvements on last year

Nine SJP funds flagged for underperformance in AoV despite improvements on last year

89% of assets given green light

Alex Sebastian
clock 22 September 2026 • 2 min read