Standard gives Life to the FTSE

clock

The FTSE 100 index has gained 13.3 points, or 0.2%, to 5941.6 points this morning, on the back of latest business figures from Standard Life.

Although Standard Life is not yet a member of the FTSE 100 - albeit it is expected to enter the blue chip stock index in September as it has sufficient market capitalisation - the firm has seen its share price rise 2.75p, or 1.1%, to 252.75p this morning, after it said sales increased to £745m from £624m a year earlier, beating the company's own estimate of £680m. This has helped to lift the share values of rival life insurers already listed on the FTSE 100 index, such as Aviva, Friends Provident and Prudential. Elsewhere, Anglo American has advanced 18p, or 0.8%, to £2.53p and BHP Bill...

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

Looking beyond the oil shock

Looking beyond the oil shock

'A few weeks ago, there was genuine reason for optimism'

Fahad Hassan
clock 27 July 2026 • 4 min read
What does a new PM and chancellor mean for investments?

What does a new PM and chancellor mean for investments?

'What is important is what happens over the long term'

Jasper Thornton Boelman
clock 23 July 2026 • 4 min read
SJP rebrands global equity income fund and reduces charges

SJP rebrands global equity income fund and reduces charges

Appoints Acadian as investment adviser

Patrick Brusnahan
clock 22 July 2026 • 1 min read