In London, markets climbed in early trade as insurers recovered from major losses on Wednesday.
The FTSE 100 added 16.26 points (0.39%) to 4,156.49 by 8.20am. Legal & General shares were among the top gainers this morning, up 4.08% to 51.81p. The insurer's shares were hit yesterday after Bank of America downgraded its outlook for the firm. Aviva shares also climbed, up 0.33% to 304p. Its shares fell yesterday after rumours it would cut dividends. Tullow Oil shares continue to fall after oil prices fell for their sixth consecutive day. The shares dipped 2.32% to 843.5p. Wall Street trading was slow on Wednesday as investors await half-yearly reports in the coming weeks....
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
