Hargreaves rally continues as FTSE makes gains

clock

Hargreaves Lansdown is topping the FTSE 100 leaderboard for a second consecutive day of trading as the index starts the week in the black.

The group, which reported record revenues in its interim results last Friday, rose 2.5% in early trading to trade at 729.4p. The group's shares have now risen by 16% since the start of the month. The FTSE 100 was up 0.3% at 5,812 by mid-morning, as shares on the continent also rose following reassuring data from China. The rate of inflation in China subsided in September to rise 1.9% on an annualised basis, the data revealed, while exports rebounded at almost twice the expected rate. Chinese Q3 GDP figures are due on Thursday. But UK-listed miners failed to get a boost from the dat...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on Economics

Trustpilot