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FTSE 100 Nears Record High Amid Mixed Earnings Reports

1/30/2025

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Story summary
  • The FTSE 100 climbed 27 points to 8,585, approaching a record high, alongside positive performance in European stocks.
  • Shell's adjusted earnings fell to $23.72 billion for 2024, down from $28.25 billion, despite a $3.5 billion buyback announcement.
  • BT Group's profit rose 1% to £427 million, supported by effective cost control, despite a 3% revenue drop.
  • St James’s Place achieved record assets under management at £190.2 billion, fueled by strong net inflows of £4.3 billion in 2024.