FTSE 100 treads water as 'Titanic' week begins

clock

London's leading share index is flat in early trading as investors keep their powder dry ahead of a number of key economic data points being released later this week.

An hour after the open the FTSE 100 had made slight gains, up 0.15% or 9 points to 6,163, remaining near four and a half year highs. Insurer Admiral led the index higher, rising over 5% to £12.18 after Goldman Sachs upgraded the company from neutral to buy. Aviva was also higher, up 1% at 371p, after Goldman reiterated its buy call. Analysts at Investec have labelled the week ahead ‘Titanic' for markets in a note to clients, as investors keep an eye on several key economic indicators. The most important of those datapoints, economically speaking, is the Office for National Statisti...

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 Investment

Rising uncertainty and prices pushing investors to advisers

Rising uncertainty and prices pushing investors to advisers

Inflation is the top financial fear

Patrick Brusnahan
clock 10 June 2025 • 1 min read
Most investors say managers behind shy active ETFs 'mislead' the market

Most investors say managers behind shy active ETFs 'mislead' the market

2024 a record year for European ETFs

Patrick Brusnahan
clock 30 May 2025 • 1 min read
EquitiesFirst's James Mungovan: Time to let private credit fund public growth

EquitiesFirst's James Mungovan: Time to let private credit fund public growth

Escape from low-growth trap

James Mungovan
clock 28 May 2025 • 3 min read
Trustpilot