Skip to content

FTSE 100 at the close: Admiral, Legal & General and Shell

FTSE 100 at the close: Admiral, Legal & General and Shell

By Patrick Munnelly, Market Analyst, Tickmill

The UK’s main bourse put on a strong performance today, bucking the weakness that seemed to be permeating from across the pond earlier on in the US session. The FTSE 100 closed up 76 points (+1%) at 7739 as investors piled into U.K. Plc., ahead of the long Easter weekend.

FTSE-100: The biggest movers

Apart from a handful of laggards, the index was awash with stocks moving well across the board.


The insurance sector was flavour of the day as the likes of Admiral LON:ADM and Legal and General LON:GEN outperformed. The former building on its positive momentum from yesterday’s trading session despite a flurry of broker downgrades in recent days.

Shell Plc LON:SHEL pleased investors today, rallying 1.86% and outperforming it’s peer BP Plc LON:BP., as the former updated positively regarding its liquified natural gas division.

The upside momentum could well continue next week for U.K. stocks, but all eyes will be on key US employment numbers being reported tomorrow (Friday) and the subsequent reaction from market participants.

Share this article

Invest with these platforms

Hargreaves Lansdown

IG

Interactive Brokers

Interactive Investor

Charles Stanley

IG

Interactive Brokers

Charles Stanley

Looking for great investing ideas? Get our free newsletter.

This article does not constitute investment advice.  Do your own research or consult a professional advisor.

Learn with our free 'How to' Guides

Our latest in-depth company reports

On the podcast

Sign up for great investing stock tips

Thanks to our Site Partners

Our partners are established, regulated businesses and we are grateful for their support.

Aquis
CME Group
FP Markets
Pepperstone
Schroders

aberdeen
WisdomTree
ARK
Plus500
CMC Markets
Back To Top