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

Inflation falls faster than predicted ahead of BoE interest rate vote

Inflation falls faster than predicted ahead of BoE interest rate vote

3.2% in November

Michael Nelson
clock 17 December 2025 • 2 min read
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