FTSE dampened regardless of takeover action

clock

The FTSE ended trading with falls of 33.07 points (0.64%) to 5103.05, despite an EDF buy-out this morning.

Communications company Inmarsat led the losers, tumbling 63 (11.45%) to 487p. Vedanta Resources and Aviva also slipped by 6.48% to 1428p and 6.43% to 491.25p respectively. However, London Stock Exchange climbed 59.50 (7.22%) to 883.5p. British Energy Group shares were bolstered by a buy-out by EDF this morning, up 41 (5.66%) to 765p. Lonmin, Eurasian and Prudential were also in today’s top five winners. Looking Stateside, the Dow Jones is also down 35.21 points (0.32%) to 10818.96. Amer Intl Group has taken the biggest hit, plunging 0.7 (14%) to 4.3. Citigroup and Gen Electric have ...

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

Chancellor Khalaf has a plan to make our economy boom

Chancellor Khalaf has a plan to make our economy boom

'So, Sir Keir, if you're reading, I do genuinely hope Rachel is doing okay. And my number's still the same. So, you know, call me'

Laith Khalaf
clock 25 July 2025 • 5 min read
UK capital markets need to close gap between 'perception and reality' - Poppy Gustafsson

UK capital markets need to close gap between 'perception and reality' - Poppy Gustafsson

Speaking at IA annual conference

Sorin Dojan
clock 26 June 2025 • 2 min read
Trust in ONS data 'very low' as financial services shifts to alternative sources

Trust in ONS data 'very low' as financial services shifts to alternative sources

Follows latest inflation blunder

Sorin Dojan
clock 24 June 2025 • 4 min read