Oil keeps FTSE in the black

clock

The FTSE 100 index rose just 8 points, or 0.1%, to 5,692 points today, led by oil stocks.

Royal Dutch Shell rose 1.45% to £18.21 after it was upgraded to 'buy' from 'hold' at Deutsche Bank and oil hovered near the $71 a barrel level. BP climbed 1.98% to 617p and BG Group advanced 2.73% to 695p. British Airways rose 0.43% to 347.5p as Deutsche Bank kept its 'buy' advice on the airline despite news it is being investigated for potential fuel surcharge price fixing by both UK and US authorities. Miners were a mixed bunch with Vedanta Resources down 2.33% to £13.01 and BHP Billiton down 0.60% to 994p, while Anglo American rose 0.19% to £21.08. Financial stocks preyed on ...

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

Direct engagement and the search for hidden gems

Direct engagement and the search for hidden gems

'What really matters is that investors do not find themselves behind the eight ball'

Gabriel Sacks
clock 27 October 2025 • 4 min read
Pensions tax breaks: Budget 'kite-flying' creating cash management challenge

Pensions tax breaks: Budget 'kite-flying' creating cash management challenge

Savers and advisers dealing with cash management quandary

Kate Toumazi
clock 14 October 2025 • 3 min read
Partner Insight: Finding the right partner for a managed portfolio service

Partner Insight: Finding the right partner for a managed portfolio service

Francis Clark Financial Planning set up a white-label managed portfolio service for their clients, but as the effects of COVID-19 played out and markets stagnated, they realised they needed a change. Managing Director Chris Reah explains how they found the right solution.

Chris Reah, Francis Clark Financial Planning
clock 13 October 2025 • 5 min read