Hargreaves jumps 6% as FTSE nears 6,300

clock

Hargreaves Lansdown has risen 5.8% to top the FTSE 100 leaderboard as the blue-chip index recovers from yesterday's decline.

Having dropped 1.6% yesterday, the FTSE 100 was up 0.8% at 6,294 by mid-afternoon, buoyed by better earnings data and broker upgrades. Hargreaves Lansdown topped the list of risers after analysts at Barclays raised their price target on the stock to 820p. Shares jumped 6.1% to 737p, a day ahead of the platform group's interim results. ARM Holdings also rose, up 4.7% to 933.5p as results cheered investors, with BP's earnings also prompting a 1.8% jump to 470p. BG Group, having initially dropped 1.7% after revealing it would miss some production targets, had more than reversed that d...

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

What two pizzas tell us about Bitcoin

What two pizzas tell us about Bitcoin

Laszlo Hanyecz really needed a slice...

Laith Khalaf
clock 19 December 2024 • 6 min read
Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting

Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting

Bank of England MPC meeting due on Thursday

Sorin Dojan
clock 18 December 2024 • 3 min read
Trump, tariffs and why UK companies can still appeal

Trump, tariffs and why UK companies can still appeal

Is a trade war inevitable?

Sheldon MacDonald
clock 11 December 2024 • 4 min read