FTSE opens solidly as financials lead way

clock

The FTSE 100 opened morning trading in positive territory, with financials leading the way.

As at 9.15, London's leading index was up 36.9 points, or 0.7% to 5,322. Barclays started the day's trading strongly, up 6.15 points or 2.16%. Prudential and RSA Insurance Group are also among the morning's top performers. United Utilities Group (down 1.56%), SABMiller (down 0.66%), BHP Billiton (down 0.55%) and Imperial Tobacco (down 0.47%) are among the day's losers. The Dow Jones finished trading yesterday down 0.47%, or 49.05 points, to end on 10,452. Investor confidence was knocked by downbeat economic news, with producer prices rising higher than expected to fuel inflation conc...

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

FCA's Rathi addresses Autumn Budget market abuse concerns

FCA's Rathi addresses Autumn Budget market abuse concerns

Pens open letter to Treasury Committee

Isabel Baxter
clock 04 December 2025 • 2 min read
More tax, less shelter: A slow-burn Budget for savers and investors

More tax, less shelter: A slow-burn Budget for savers and investors

'The Budget documents make for sobering reading for those trying to build up their wealth'

Laith Khalaf
clock 04 December 2025 • 3 min read
OBR 'deeply regrets' early release of Budget document

OBR 'deeply regrets' early release of Budget document

Mistaken release of Budget documents forced Richard Hughes' resignation

Linus Uhlig
clock 02 December 2025 • 3 min read