The FTSE edged 0.1% lower to 5,853.66 points in early trading as company-specific news guided price moves.
Scottish & Southern Energy rose by 1.2% to £11.50 after winning a bid for a National Trust contract. Eurasian Natural Resources climbed 1.9% higher to 998p following an upgrade by UBS from ‘neutral' to ‘buy'. A 1.7% rise in bullion yesterday saw African Barrick Gold gain 0.6% to 605.5p. A court judgment in the US overnight, ruling part of President Obama's healthcare reform plans unconstitutional, helped AstraZeneca advance 0.7% to £30.74. Among UK blue chip fallers, TUI Travel was down 1.5% to 234p, the market unimpressed by reports it may buy a stake in Travelzest, owner of tr...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
