Markets' sitting pretty

clock

The FTSE 100 Index has leaped 44.80 points to 5025.20 points at its close a short while ago, led by shares in Diageo.

The drinks manufacturer has advanced 24p to 811.50p, after it announced it will put to bed any further discussions with third parties to acquire assets from Allied Domecq. Diageo has also agreed to purchase the Bushmills whiskey brand for £200m. British Airways added 8p to 275p, after saying it will be a likely investor in radio frequency identification technology, in an aim to cut its lost-luggage bills. Mobile phone incumbent O2 has added 3.50p to 125.75p. On the losing side, United Utilities 'A' shares have shed as much as 166p or 33% to 340p, following yesterday's confirmation o...

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

Neil Woodford to charge up to £70 a month to access portfolio platform

Neil Woodford to charge up to £70 a month to access portfolio platform

W4.0 launches

Cristian Angeloni
clock 06 June 2025 • 2 min read
FIF25: House of Lords member calls for stronger international economic cooperation

FIF25: House of Lords member calls for stronger international economic cooperation

Economics often a driver of geopolitical instability

Sorin Dojan
clock 04 June 2025 • 2 min read
Woodford sets date for portfolio platform launch

Woodford sets date for portfolio platform launch

W4.0 will launch on Friday 6 June

Cristian Angeloni
clock 03 June 2025 • 1 min read