Update: Only handful of winners as FTSE falls below 5,000

Laura Miller
clock

The UK's index of 100 leading shares fell 2.76% to below 5,000 this morning, as global markets showed no signs of shaking off fears the West is heading back into recession.

There were only a handful of winners by 11am with the FTSE down 140.73 points to 4,951.50. Software firm Autonomy was the main bright spot, up 75%, after it agreed to be bought by US giant Hewle...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: LDI market trends – getting things in perspective

Partner Insight: LDI market trends – getting things in perspective

Simon Bentley, Columbia Threadneedle Investments
clock 17 December 2024 • 4 min read
PensionBee's Romi Savova hits out at government push for DC investment in illiquids

PensionBee's Romi Savova hits out at government push for DC investment in illiquids

Industry must ask what the push into the unknown can deliver in additional returns

Jonathan Stapleton
clock 06 December 2024 • 2 min read
Asset-backed finance solutions investment manager formally launched

Asset-backed finance solutions investment manager formally launched

Evermill Capital will look to deliver tailored asset-backed financing solutions

Martin Richmond
clock 05 December 2024 • 1 min read
Trustpilot