FTSE unmoved

clock

In the UK the FTSE 100 Index has added about a point to 4,857 points this morning, led by Morrison.

The supermarket chain is up 5.75p to 210.50p, along with mining firm Antofagasta, up 25p to 12.06p, after a stock upgrade. Old Mutual meanwhile, has shed 4p to 124p. The firm is selling a 7.2bn rand (£607m) stake in its life insurance and banking business to black South Africans to boost black empowerment. Prudential also declined 7p to 496p, despite reporting an 11% increase in new life and pension sales in the first quarter, boosted by growth in the U.K. and Asia. In Japan the Nikkei 225 Stock Average climbed for a second day, adding 0.2% to 11,088.58, led by semiconductor-relate...

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

UK fund flows drop 92% in July amid volatility and geopolitical friction

UK fund flows drop 92% in July amid volatility and geopolitical friction

IA data shows

Cristian Angeloni
clock 04 September 2026 • 2 min read
Index providers: The importance of being earnest

Index providers: The importance of being earnest

Not all indices are created in the same way

Colin Leggett
clock 27 August 2026 • 7 min read
Darius McDermott: Electrification's second act

Darius McDermott: Electrification's second act

Electrification has become a national security question

Darius McDermott
clock 24 August 2026 • 5 min read