Aviva weighs on FTSE

clock

The FTSE 100 Index has fallen 59.2 points, or 1.01%, to 5,801.40 points this morning, led by a decline in Aviva shares.

Aviva has fallen 8p, or 1.12%, to 705p after the insurer agreed to pay $2.9bin in cash for US life insurer AmerUS Group in a deal to boost its presence in the US. The mining sector is weighing on the index as copper prices ease off recent six-week highs and investors take profits on recent gains. Antofagasta is down 2.92% to 432.50p, Rio Tinto has fallen 2.15% to 2,823p and Kazakhmys is down 2.91% to 1,203p. In Japan, the Nikkei 225 Stock Average slid 151.37 points, or 1%, to 15,097.95 points, led by technology-related companies after brokerages cut earnings estimates. Canon dro...

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

Pensions tax breaks: Budget 'kite-flying' creating cash management challenge

Pensions tax breaks: Budget 'kite-flying' creating cash management challenge

Savers and advisers dealing with cash management quandary

Kate Toumazi
clock 14 October 2025 • 3 min read
Partner Insight: Finding the right partner for a managed portfolio service

Partner Insight: Finding the right partner for a managed portfolio service

Francis Clark Financial Planning set up a white-label managed portfolio service for their clients, but as the effects of COVID-19 played out and markets stagnated, they realised they needed a change. Managing Director Chris Reah explains how they found the right solution.

Chris Reah, Francis Clark Financial Planning
clock 13 October 2025 • 5 min read
Watch Professional Adviser's Working Lunch with Baillie Gifford - Decumulation Decisions: Resilient Monthly Income for Retirees

Watch Professional Adviser's Working Lunch with Baillie Gifford - Decumulation Decisions: Resilient Monthly Income for Retirees

Catch up on the discussion

Professional Adviser
clock 10 October 2025 • 1 min read