Hargreaves rally continues as FTSE makes gains

clock

Hargreaves Lansdown is topping the FTSE 100 leaderboard for a second consecutive day of trading as the index starts the week in the black.

The group, which reported record revenues in its interim results last Friday, rose 2.5% in early trading to trade at 729.4p. The group's shares have now risen by 16% since the start of the month. The FTSE 100 was up 0.3% at 5,812 by mid-morning, as shares on the continent also rose following reassuring data from China. The rate of inflation in China subsided in September to rise 1.9% on an annualised basis, the data revealed, while exports rebounded at almost twice the expected rate. Chinese Q3 GDP figures are due on Thursday. But UK-listed miners failed to get a boost from the dat...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Early Powell departure could be an 'unexpected gift' for EMs

Early Powell departure could be an 'unexpected gift' for EMs

Trump claims he will replace chair sooner

Eve Maddock-Jones
clock 01 July 2025 • 3 min read
BoE's Andrew Bailey: Pick-up in inflation makes outlook uncertain

BoE's Andrew Bailey: Pick-up in inflation makes outlook uncertain

UK inflation at 3.4%

clock 27 June 2025 • 2 min read
Jerome Powell warns of long term inflation if Trump settles on higher tariffs indefinitely

Jerome Powell warns of long term inflation if Trump settles on higher tariffs indefinitely

Policies' economic impacts ‘uncertain’

Eve Maddock-Jones
clock 25 June 2025 • 3 min read
Trustpilot