Morning Markets: FTSE cools off after one-year high

clock

Early trading saw the FTSE fall after reaching a 12-month high on Monday.

A slew of results are expected from US companies in the mining sector and nervous investors have shaved 15.59 points (0.3%) from the blue chip index, which now stands at 5,194.20. With metal prices coming off a peak, miners Randgold, Lonmin, Antofagasta and Rio Tinto have all seen share prices fall.  Lonmin was down nearly 2% to £15.77. The morning's top gainer however, was hotel and restaurant operator Whitbread after its half-year profits beat expectations, with its Costa Coffee brand performing well. Whitbread was up 2.95% to £13.28. Banks shares fell this morning, with Lloyds B...

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

AI is fast turning into an asset allocation story, not just a technology story

AI is fast turning into an asset allocation story, not just a technology story

'What is being challenged is not whether AI matters, but who captures the economics'

Lisa Wang
clock 07 August 2026 • 5 min read
Darius McDermott: Have megatrends changed the game?

Darius McDermott: Have megatrends changed the game?

'Disruptive forces are at work in the global economy'

Darius McDermott
clock 06 August 2026 • 5 min read
Technology cited as main barrier to private market access for advisers

Technology cited as main barrier to private market access for advisers

Follows Oliver Wyman’s and Clearstream’s private markets whitepaper

Sophia Panayi
clock 04 August 2026 • 3 min read