FTSE 100 in Twitter

on Feb 5, 2014
Updated: Apr 9, 2020

iNVEZZ.com Wednesday, February 5: After shedding about 0.2 percent in the early morning, the Footsie managed to not only retrace its losses but also gain more than 0.3 percent in the afternoon.

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The index remained in black for the better part of today’s trading session even as the S&P 500 dropped more than 0.2 percent on the opening bell. RSA Insurance and Associated British Foods led the rally in the UK blue chips after investors saw value in the shares following their recent falls.

RSA gained after the troubled insurer announced the appointment of former Royal Bank of Scotland boss Stephen Hester as CEO and director of the company (RSA share price up on Stephen Hester’s appointment as CEO).

AB Foods climbed the most on the FTSE 100 after Morgan Stanley analysts said that the company’s clothing business Primark was underpriced by investors (AB Foods share price rises on Primark under-valuation call).

Hargreaves Lansdown was the top loser among the blue chips with the shares dropping more than six percent following lower-than-expected half year results from the stockbroker (Hargreaves Lansdown share price sinks as H1 growth disappoints).

You can read more about today’s trading session in London at our daily FTSE 100 Watch (FTSE 100 watch: UK stocks recover early losses as bargain hunters step in).
Trade stocks with Hargreaves Lansdown from £5.95 per deal.
Prices can go up and down meaning you can get back less than you invest. This is not advice. Dealing services provided by Hargreaves Lansdown.


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