FTSE up for 6th day

clock

Advancing UK stocks have helped the FTSE 100 up 13.20 points to 4,811.30 for a sixth straight trading day of gains.

Liberty, the property company, is up 33p to 978p to lead the gainers after announcing the sale of assets. Corus, the steelmaker, is up 1p to 52.5p after forecasts of rising metals prices next year. BOC, the gases company, likewise is up 16p to 991p on hopes demand for steel will increase demand for its oxygen and other gases supplied to manufacturers. Rio Tinto is up 24p to 1,519p to lead the metals mining stocks. Sainsbury is down 3.75p to 271.25p following yesterday's news it is to cut the prices of clothing sold through its stores. Intercontinental is down 4p to 652p as in...

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

Infrastructure: A good investment gone bad – and then good again?

Infrastructure: A good investment gone bad – and then good again?

'Infrastructure - a victim of a unique set of circumstances'

Darius McDermott
clock 02 May 2024 • 5 min read
Investment opportunities 'differ by client age group'

Investment opportunities 'differ by client age group'

‘Advisers should consider personal circumstances when it comes to investment’

Isabel Baxter
clock 02 May 2024 • 1 min read
Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Future-proofing advice, building sustainable portfolios, all things SDR

Professional Adviser
clock 02 May 2024 • 2 min read