FTSE continues downward trend

clock

The FTSE is currently marginally down 30.73 points (0.74%) to 4140.52 despite an early rally from mining stocks.

Standard Life leads the losses, dropping 11.75p (4.3%) to 261.25, while Smith & Nephew sheds 16.25p (3.27%) to 480.25. United Utilities Group slides 20p (3.11%) to 624.00, Thomson Reuters is down 38p (3.04%) to 1211.00 and Admiral Group slides 29p (2.9%) to 971.00. However, Johnson Matthey is the best performer so far, jumping 76p (10.52%) to 798.50. The platinum specialist posted strong interim results regardless of the fall in platinum price in the second quarter and a slowdown in the car markets in the US and Europe. Eurasian adds 19.5p (7.52%) to 278.75 and Antofagasta gains 29.25...

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 Economics / Markets

Why investors 'can't outrun' slow-moving demographics

Why investors 'can't outrun' slow-moving demographics

'Demographic change is a key megatrend'

Darius McDermott
clock 07 March 2024 • 5 min read
Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

British ISA, Office for Budget Responsibility, tax cuts

Valeria Martinez
clock 07 March 2024 • 4 min read
Spring Budget 24: Chancellor unveils long-term UK growth plan

Spring Budget 24: Chancellor unveils long-term UK growth plan

Includes British ISA launch and further NI cut

clock 06 March 2024 • 1 min read