In the UK the FTSE 100 has dropped 30 points to 5,351 in early trading as British Airways slumped on the back of rising oil prices.
British Airways has fallen 5p, or 1.6%, to 307.75p. But the rise in oil prices wasn’t all bad news as BP has risen 0.50p, or 0.08%, to 638.00p. PartyGaming is the top riser after good results from smaller rival sportingbet. Its shares have risen 7.3% to 76.75p. SABMiller has fallen sharply on the back of its trading statement with shares falling 17p, or 1.6%, to 1,041p. Meanwhile GUS is also in favour after detailing its recent trading, shares have risen 6p, or 0.7% to 862.50p. In Japan, the Nikkei 225 Stock Average fell 92.97 points, or 0.7%, to 13,463.74 at its close a short time ago,...
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