Prudential moves higher as buyback plan and India unit changes hit shares
Prudential plc traded higher on Monday while the London market was lower. But the main focus isn’t on the index. The insurer, which looks to Asia, is still below its average buyback price. In India, a new filing values the capital that could come from its stake in ICICI Prudential Life Insurance. Shares rose 1.51% to £10.41. The FTSE 100 Index slipped 0.26% to 10,651.77. Prudential closed 15.91% under its 52-week high of £12.38 from Feb. 4.
