FTSE on an energy low

clock

The FTSE 100 Index has dropped 57.9 points, or 1%, to 5688.9 points this morning led by mining and energy companies after metals prices fell and crude oil traded near a four-week low.

BHP Billiton has fallen 45p, or 4.4%, to 968.5p, while Rio Tinto has declined 112p, or 3.9%, to 2,743p. BP has lost 11.5p, or 1.8%, to 636p and Royal Dutch Shell has retreated 40p, or 2.2%, to 1,792p. Crude oil for March delivery fell 3.1% to $63.09 yesterday on the New York Mercantile Exchange, the lowest close since 5 January. AstraZeneca has also slipped 47p, or 1.8%, to 2,638p. Buyers of the stock today are not entitled to the second-half dividend of 92 cents, or 51.8p. Meanwhile, Alphameric has gained 4p, or 4.4%, to 95.5p. The company reported full-year earnings of £6.28m as d...

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

Watch Professional Adviser's Working Lunch with Schroders - Beyond the Pulse: Essential insights for financial advisers in 2025

Catch up on the discussion

Professional Adviser
clock 10 July 2025 • 1 min read
Investors 'do not understand' implications of private markets investing

Investors 'do not understand' implications of private markets investing

House of Lords Financial Services Regulation Committee looked at the issues

Linus Uhlig
clock 09 July 2025 • 1 min read
NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

Making technology work better

Katrina Lloyd
clock 03 July 2025 • 9 min read