Investors cheer Hargreaves to top of FTSE leaderboard
Hargreaves rose 2.7% on the final day of the week’s trading after reporting £68.7m in revenues for the three months to September, up 20% on the previous year.
The FTSE 100 was down 0.1% at 5,822 at the start of the day’s trading, following modest falls in the US and Asia overnight.
Other financials also rallied, Standard Chartered rising 2.7%, Barclays up 1.9% and Lloyds Banking Group up 1.6%. The largest fallers were IMI, the engineering group having gone ex-dividend, and peer GKN. Both dropped 2.9%.
The Dow Jones Industrial average closed down 0.1% at 13,326, with the S&P 500 flat at 1,433.
In Asia, the Nikkei closed down 0.2% at 8,534, though the Hang Seng posted a modest rise of 0.7% to 21,136.