Ticker PRU

Today's data summary

Market closed
% change
Price Pence
As of 17:37 20 Aug 2018
Market cap. Pound sterling
44,865.48 million
As of 17:37 20 Aug 2018

Latest updates

FTSE stocks rise

The FTSE 100 is now trading ahead 0.84% at 7,783.07, buoyed by a fall in the pound against the dollar.

Prudential is top of the blue chip risers, up 3.3% at £18.16, after the insurer beat profit forecasts for the first six months of its financial year.

Paddy Power Betfair extended falls to remain at the top of the FTSE 100's worst performing stocks, down 5.7% at £76.55, after the bookmaker warned it would not meet profit expectations for the full year.

The FTSE 250 is up 0.43% at 20,764.44.

Good morning!

Welcome to Business Live.

Insurance groups Prudential and Hastings will both update investors today with their latest financials as will commodities giant Glencore.

Later on the US, fashion house Michael Kors and Virgin Media-owner Liberty Global will publish figures.

But the main focus today will stay on Elon Musk who says he is considering taking electric car maker Tesla private.

If it goes ahead, it would be the largest buyout of its kind.

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