FTSE gains as US interest rises fears eased

clock

The FTSE 100 has risen 39.8 points, or 0.7%, to 5817.8 led by Capita Group after the company reported a first-half profit that exceeded analysts' estimates.

BHP Billiton and Anglo American has also advanced as copper prices gained. British Airways has climbed for a second day, following four days of losses, after US airlines reported higher earnings. Capita has climbed 35.5p, or 7.5%, to 510.25 after the UK's biggest supplier of administrative services said first-half profit was £61.3m compared with £50m in the year-earlier period. British Airways, Europe's third-largest airline, has risen 12.75p, or 3.6%, to 370. Southwest Airlines said second-quarter earnings more than doubled to $333m as it flew more passengers and raised prices. AM...

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

Darius McDermott: Building a resilient portfolio in a concentrated market

Darius McDermott: Building a resilient portfolio in a concentrated market

'A well-balanced portfolio should also take in the broadest possible range of growth opportunities'

Darius McDermott
clock 01 July 2026 • 5 min read
Fahad Hassan: Progress on many fronts

Fahad Hassan: Progress on many fronts

'Financial markets are increasingly pricing in a more benign inflation environment ahead'

Fahad Hassan
clock 01 July 2026 • 5 min read
Government launches taskforce to tackle £1.6bn in unclaimed child trust funds

Government launches taskforce to tackle £1.6bn in unclaimed child trust funds

Links up with providers including Coutts, Nationwide and HSBC

Isabel Baxter
clock 29 June 2026 • 3 min read