Falling oil prices boost FTSE

clock

The FTSE 100 Index added 9.3 points, or 0.2%, to 5773.40 points this morning as oil prices decrease for a second day.

Crude oil for March delivery has fallen as much as 0.8% to $61.41 a barrel in after-hours electronic trading on the New York Mercantile Exchange amid signs production will rise faster than demand this year, bolstering stockpiles. British Airways has advanced 1.8% to 327p, while ICI has increased 0.9% to 347.5p. BAA has added 1% to 787p after shareholders including Scottish Widows said they would accept a takeover offer from Spain's Grupo Ferrovial SA if it were more than 900p a share. In Japan, the Nikkei 225 Stock Average dropped 380.17 points, or 2.3%, to 15,877.66 points after a...

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

What advisers need to know as SpaceX fuels space investing interest

What advisers need to know as SpaceX fuels space investing interest

WisdomTree’s Mobeen Tahir unpacks the space economy theme

Professional Adviser
clock 14 August 2026 • 1 min read
How markets have developed in 2026 so far

How markets have developed in 2026 so far

'Active allocation does not mean constant trading or short-term market calls'

James Flintoft
clock 12 August 2026 • 3 min read
How sustainable funds have beaten the index this year

How sustainable funds have beaten the index this year

'ESG funds benefit from access to some of the livelier parts of the market'

Ian Aylward
clock 10 August 2026 • 3 min read