London Market Report

Search company or market
Search company or market:
Refresh this page Launch Marketwatch ticker
London | Paris | Frankfurt | Tokyo | Wall Street

FTSE 100 Index

Last Updated at 19 Sep 2014, 11:36 ET *Chart shows local time FTSE 100 intraday chart
value change %
6837.92 +

Top winner and loser

3i Group

398.90 p +

Randgold Resources Ltd.

4355.00 p -
value change %

FTSE 250 Index

15859.10 +

FTSE 350 Index

3712.34 +

FTSE All Share Index

3646.05 +

FTSE Techmark Index

3387.85 +

(Close): Scotland's vote against independence gave share prices a boost but an early rally in the pound ran out of steam.

The benchmark FTSE 100 share index closed higher up 0.27% at 6837.92.

After rising sharply at first, the pound was down 0.52% against the dollar at $1.63140 but was 0.13% higher against the euro at 1.2705 euros.

Financial stocks with a strong link to Scotland climbed, with RBS up 2.46% and Lloyds Banking Group rising 1.25%.

Analysts welcomed the end of the uncertainty that had affected the markets in recent weeks.

Azad Zangana, European economist at Schroders, said: "The prospects of months of messy negotiations, uncertainty over the division of national assets and debt, and the currency arrangements of an independent Scotland had been weighing on the confidence of investors over the past few weeks, especially as polls had tightened."

Shares in GlaxoSmithKline rose 0.87% despite the pharmaceutical giant being fined £297m over bribery offences in China.

Mick Cooper, analyst at Edison Investment Research in London, said: "GlaxoSmithKline will hope that this will draw a line under events in China, but it will take time for its Chinese commercial operations to recover."

More Business stories



From BBC Capital


  • A screenshot from Goat SimulatorClick Watch

    The goat simulator which started as a joke but became a surprising hit, plus other tech news

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.