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 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