SSE was one of the biggest gainers of the day, seeing its share price increase by 30p after an analyst upgrade from £15 to £15.80. RBC analysts called SSE a potentially significant winner following the UK capacity market introduction, and the new clarity regarding regulated networks.
Royal Bank of Scotland and the Lloyds Banking Group also saw their share prices rally, in spite of them announcing that if there was a Yes vote they would move their headquarters into England.
The biggest loser of the day was Next. The fashion retailer reported a 19.3% increase in first half profits, and re-iterated its guidance for full-year profits. While these figures were impressive, they were lower than many had expected. The retailer's announcement that the profits had been driven by external factors; including low interest rates, economic growth and credit availability, was cause for concern. The retailer themselves said that the growth may not last into next year.
Mining companies were also hit. A lower than expected Chinese inflation report gave rise to concerns that the growth of the Chinese economy is slowing down. China is a huge commodities consumer, and basic materials suppliers, including Antofagasta and Anglo American, saw their share prices fall as a result of this report.