Miners help FTSE climb

clock

The FTSE 100 has rebounded from yesterday's drop adding 42.1 points, or 0.7%, to 6150.70 with Rio Tinto and BHP Billiton led mining shares higher.

Rio Tinto has gained 1.9% to 2,727p after yesterday's 3.3% decline. BHP Billiton has also added 2% to 1,013p. It retreated 1.6% yesterday. Man Group has jumped 3.3% to 475p. The company has appointed bankers to advise on the future of its Man Financial brokerage business, according to reports. Meanwhile Reuters has lost 2.3% to 427p after saying sales this quarter are unlikely to be as strong as the year-earlier period, partly hurt by a weaker US dollar. Third-quarter revenue climbed 3.3%, the company has reported today. Legal & General has added 1.4% to 141.75p. Britain's fourth-bigge...

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

Advisers look to capital accumulation in Q2 2025

Advisers look to capital accumulation in Q2 2025

Interest in inflation protection nudges up

Jen Frost
clock 18 July 2025 • 3 min read
For companies – and their investors – management matters

For companies – and their investors – management matters

'Management, whatever the setting, really is a difference-maker'

Gabriel Sacks
clock 17 July 2025 • 4 min read
'No difference in my view': Reeves LTAF-ISA decree not enough to make platforms offer them

'No difference in my view': Reeves LTAF-ISA decree not enough to make platforms offer them

Retail platforms await further rule change details

Eve Maddock-Jones
clock 16 July 2025 • 4 min read