Morning markets: Financials a mixed bag in flat FTSE

clock •

The FTSE 100 was up 11 this morning at 5,613 points, with financials peppering both sides of the gainers and losers tables.

Barclays fell 1.8% to 339.7p as rumours swirled about a fundraising backed by a Chinese investor. Credit Suisse said this week Barclays was its favourite UK bank, with a target of 375p, but added there was "limited scope for balance sheet expansion". Schroders, which went ex-dividend, dropped 1.8% to £13.63. Morgan Stanley said its sales momentum had "broadened from the corporate bond focus of the second and third quarters of 2009". Man Group also fell, by 1.9% to 244.7p. British American Tobacco and TUI Travel, newly ex-dividend stocks, fell by 3.8% and 2.4% respectively. Ro...

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

Budget 26: Key takeaways from Healey's first Budget

Budget 26: Key takeaways from Healey's first Budget

Eight takeaways

Michael Nelson
clock 29 October 2026 • 4 min read
UK inflation jumps higher than forecast to 3.5% in 'dose of reality'

UK inflation jumps higher than forecast to 3.5% in 'dose of reality'

Interest rate hike ‘likely’

Michael Nelson
clock 21 October 2026 • 3 min read
Fahad Hassan: When good news becomes an inflation problem

Fahad Hassan: When good news becomes an inflation problem

'Markets have been adjusting to the risks through valuations all year'

Fahad Hassan
clock 29 September 2026 • 6 min read