Investors cautious ahead of EU bail-out summit

clock

Caution has set in for investors in early trading on Monday as traders await the outcome of today's eurozone finance ministers' meeting in Brussels.

London's leading index is five points higher at 6,007 in midday trade after a morning dip. At today's EU meeting, ministers will debate whether or not to increase the eurozone's rescue fund in light of concerns Portugal and Spain could be next in line to ask for a bailout. Technology firm Smiths Group is the best-performing blue chip, adding 8% to £13.86, after spurning a multi-billion pound bid for part of the business. Elsewhere, Smith & Nephew, engineering firm GKN and Capita Group are all higher, while software developer Autonomy Corporation lost more than 3%. Among the earl...

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

Bank of England holds rates at 3.75% as it waits for 'cloudy' data to clear

Bank of England holds rates at 3.75% as it waits for 'cloudy' data to clear

'Wait and see approach'

Michael Nelson
clock 05 February 2026 • 2 min read
Kevin Warsh's surprise pick for Fed chair forces investors to rethink 'dollar debasement'

Kevin Warsh's surprise pick for Fed chair forces investors to rethink 'dollar debasement'

'Catalyst' for rapid repricing

Alex Sebastian
clock 04 February 2026 • 4 min read
Partner Insight: A new VCT landscape - what advisers need to know after the Budget

Partner Insight: A new VCT landscape - what advisers need to know after the Budget

For professional advisers and paraplanners only. Not to be relied upon by retail clients.

Toyin Oyeneyin, Tax Product Specialist, Octopus Investments
clock 19 January 2026 • 5 min read