FTSE holds steady

clock

The FTSE 100 Index has added about 9.70 points to 4683.50 points this morning, following a day of good returns for all but one company on the exchange.

3i Group leads the way, up 6p to 595.50p, followed by Amvescap, up 4p to 304.50p. British Airways is also trading up 3.50p to 219.50p. Medical firm, Smith and Nephew has lost 7p to 469p, and leads the early losers. Sainsbury and Alliance & Leicester are also down 3p and 4p to 264.25 and 869p respectively. Asian stocks are buoyant after oil prices dropped to a one-month low. In Japan, the Nikkei 225 Stock Average advanced 1.4% to 10,887.81 on close early this morning. Crude oil futures for December delivery fell 0.6% to $49.83 a barrel in Asia, the lowest since the start of Octob...

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

FCA seeks feedback on stablecoin and crypto policy proposals

FCA seeks feedback on stablecoin and crypto policy proposals

Feedback deadline set at 31 July

Patrick Brusnahan
clock 29 May 2025 • 1 min read
Partner Insight: Debt, deficits, and market resilience: Is your portfolio prepared?

Partner Insight: Debt, deficits, and market resilience: Is your portfolio prepared?

The world is awash in debt. In the US, government borrowing has surged past 100% of GDP, and the fiscal deficit is at a level typically seen in wartime. Other major economies are in similar situations. So, what does this deluge of debt mean for markets?

Orbis Investments
clock 22 May 2025 • 5 min read
Evelyn Partners launches Index MPS range into IFA market

Evelyn Partners launches Index MPS range into IFA market

Five risk-rated portfolios to help cost-conscious investors

Jenna Brown
clock 20 May 2025 • 1 min read