Newspaper article The Journal (Newcastle, England)

Financial Stocks Continue to Impress; in Association with BREWIN DOLPHIN Stocks and Shares

Newspaper article The Journal (Newcastle, England)

Financial Stocks Continue to Impress; in Association with BREWIN DOLPHIN Stocks and Shares

Article excerpt

Byline: Carmen Baylis Brewin Dolphin

THE market opened lower as investors took profits after a strong day on Tuesday.

The FTSE 100 Index saw a volatile start to the day before settling around the level at which it opened. The index finally finished the session down 0.58% at 3693.81.

Financial stocks again gave a convincing performance, helping the FTSE to maintain the headway of almost 5% it made the previous day.

Prudential, which was Tuesday's biggest riser, once again took its place on the FTSE 100 leader board to gain 3.49%, and finish at 259.25p. However, fellow insurer Legal and General headed up the leaders gaining 8.24% to close at 28.9p.

On the whole, banks were left out of the rally with Lloyds falling 12.4% to 44.5p. The exception was Barclays which gained 3.7% to finish the day at 70p.

Partygaming announced impressive full year results reporting a rise in earnings of 29%. The shares ended up 7.24% at 248p.

This week, the FTSE undertakes its quarterly reshuffle with Wolseley, Tate and Lyle, London Stock Exchange, FirstGroup and 3I Group marked for relegation. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.