Morning Markets: FTSE follows Asian markets upwards

clock

The FTSE took its early lead from strong gains in Asia rather than muted US markets, up by 0.5% to 5,723.51.

Asia's Nikkei 225 index had risen 2.1% to 10,013.63 overnight, while America's Dow Jones closed down 0.1% at 11,007.88. In the UK, SAB Miller jumped 4% to £21.25 after first half earnings beat analyst estimates. Upbeat announcements from European peers helped British Airways rise 2.5% to 268p. Eurasian Natural Resources, Kazakhmys and Vedanta Resources each climbed by about 2%, regaining some of the ground the mining sector lost earlier this week. A 34% increase in half year operating profits helped Investec rise 1.5% to 507.5p. Among blue chip losers, Capita Group fell 5.3% ...

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

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
Navigating an uncertain environment: Applying a disciplined, data-driven approach

Navigating an uncertain environment: Applying a disciplined, data-driven approach

'​Looking ahead, the fundamental case remains constructive'

Fahad Hassan
clock 28 April 2026 • 2 min read