FTSE back above 5,000 level

clock

The FTSE is back over the 5,000 mark, paced by firms in the energy sector, including United Utilities.

The London benchmark index has advanced 25.20 points to close the day at 5,00.2 points, with United Utilities adding 15.75p to 428.75p. Natural gas firm BG Group is also up 8.25p to 422.25p, as Crude oil went past $55 a barrel for a second day in New York, after concern that a possible increase in OPEC production will fail to meet current demand. Smith & Nephew is also up 10.5p to 546p. Leading the day’s fallers is supermarket chain Morrison, down 6p to 213p, after a stock downgrade, while betting firm William Hill has also slipped 9p to 568p at close. In the US, the Dow Jones Indus...

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

SEI to launch two LTAFs in private markets 'expansion'

SEI to launch two LTAFs in private markets 'expansion'

‘Mansion House ambition’

Cristian Angeloni
clock 03 July 2026 • 1 min read
Darius McDermott: Building a resilient portfolio in a concentrated market

Darius McDermott: Building a resilient portfolio in a concentrated market

'A well-balanced portfolio should also take in the broadest possible range of growth opportunities'

Darius McDermott
clock 01 July 2026 • 5 min read
Fahad Hassan: Progress on many fronts

Fahad Hassan: Progress on many fronts

'Financial markets are increasingly pricing in a more benign inflation environment ahead'

Fahad Hassan
clock 01 July 2026 • 5 min read