BSkyB pushes FTSE higher

clock

The FTSE 100 is up 20.5 points, or 0.33%, to 6,214.7 in early trading, following a mixed response to trading news.

BSkyB is posting the biggest gains so far with a rise of 2.77% to 537.5p, closely followed by miners Vedanta Resources which is up 2.62% to £11.37, and Xstrata which has gained 2.16% to £23.64. HBOS is also performing well with a rise of 2.47% to £11.60, while ICI has added 2.16% to 460.75p, although gains are being limited by Kingfisher which is down 0.63% to 237.25p, while Northern Rock has slipped 1.49% to £11.91. BP is the biggest drag on the index with a fall of 1.9% to 542p, following a mixed reaction to its trading news, closely followed by Marks & Spencer which has slipped 1.1...

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

UK fund flows drop 92% in July amid volatility and geopolitical friction

UK fund flows drop 92% in July amid volatility and geopolitical friction

IA data shows

Cristian Angeloni
clock 04 September 2026 • 2 min read
Index providers: The importance of being earnest

Index providers: The importance of being earnest

Not all indices are created in the same way

Colin Leggett
clock 27 August 2026 • 7 min read
Darius McDermott: Electrification's second act

Darius McDermott: Electrification's second act

Electrification has become a national security question

Darius McDermott
clock 24 August 2026 • 5 min read