Morning markets: FTSE rise tempered by ex-dividend stocks

clock

The FTSE opened marginally higher this morning, rising by 18.7 points, or 0.4%, to 5333.79.

Standard Life was the biggest riser up 1.7% to 197.1p while BT Group gained by 1.3% to 117p after speculation continued it could sell units to plug its pension deficit. The list of fallers was peppered by companies that are now ex-dividend. In this camp, Reckitt Benckiser Group fell 1.8% to £34.19, while Rio Tinto dropped 0.8% to £33.53. Rival BHP Billiton was not ex-dividend, but fell nevertheless, by 0.6% to £19.88. Wolseley, which rose yesterday after saying latest profits would beat expectations, fell back by 1.2%, to £16.11. Markets will watch today to see if the German ...

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

Advisers highlight uncertain political and fiscal future after Starmer resignation

Advisers highlight uncertain political and fiscal future after Starmer resignation

Prime minister’s exit places chancellor Rachel Reeves’ position ‘inevitably’ under scrutiny

Isabel Baxter
clock 22 June 2026 • 5 min read
OBR independence 'a major advantage' for UK economy

OBR independence 'a major advantage' for UK economy

Treasury Committee hearing

Alex Sebastian
clock 20 May 2026 • 4 min read
Bank of England warns of future rate uncertainty after vote to hold at 3.75%

Bank of England warns of future rate uncertainty after vote to hold at 3.75%

One vote to hike rates

Michael Nelson
clock 30 April 2026 • 2 min read