London Market Report

Search company or market
Search company or market:
Refresh this page Launch Marketwatch ticker
London | Wall Street | Asia

FTSE 100 Index

Last Updated at 19 Sep 2017, 07:14 GMT *Chart shows local time FTSE 100 intraday chart
value change %
7244.41 -

Top winner and loser

Sainsbury (J)

240.70 p +

Coca-Cola HBC AG (CDI)

2538.00 p -
value change %

FTSE 250 Index

19470.08 +

FTSE 350 Index

4028.25 -

FTSE All Share Index

3978.90 -

FTSE Techmark Index

4501.56 +

(Close): Shares in London opened higher and continued to climb, rebounding from last week's falls triggered by instability in Iraq and Ukraine.

The FTSE 100 closed up 1%, or 65.46 points, at 6,632.82. European markets also gained ground.

The airlines IAG, owner of British Airways, and Easyjet were among the best performers.

House builders also performed well, with Persimmon the biggest winner on the day, rising 4.5%.

Shares in construction firm Shares in construction firm Balfour Beatty were also higher after it rejected a second merger attempt from rival Carillion.

The company said the board had "lost confidence in the likely delivery of a successful transaction and has therefore concluded that the current proposal from Carillion is not in the best interests of Balfour Beatty shareholders."

Balfour also released half-year results, showing that underlying pre-tax profits fell to £22m from £47m a year earlier.

Talking about the market in general, Michael Hewson from CMC Markets offered a word of caution.

"It's very early to start celebrating and you've still got the negative effects of the sanctions, which are likely to filter through over the coming months," he said.

On the currency markets, the pound was up 0.06% against the dollar at $1.6784, and 0.25% higher against the euro to 1.2540 euros.