Monday, March 4, 2024
HomeftseUk stocks finish down as FTSE 100 sees mixed performance

Uk stocks finish down as FTSE 100 sees mixed performance

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The FTSE 100 Index experienced a slight decrease of 0.03% on Monday, with several companies seeing drops in their share prices. Chemicals company Croda International PLC was hit the hardest, as its shares declined by 7.32%. Passenger airlines firm International Consolidated Airlines Group S.A. and clothing retail company Next PLC also saw significant decreases, with their shares falling by 6.14% and 4.35% respectively.

Technical services company Spirax-Sarco Engineering PLC and air freight firm International Distribution Services PLC rounded out the top five largest decreases, with their stocks shedding 4.16% and 3.93% respectively.

On the other hand, defense equipment/products company BAE Systems PLC experienced the largest increase among the FTSE 100 constituents, with its shares rising by 4.53% on Monday. Major oil and natural gas companies BP PLC and Shell PLC also saw gains, with their shares rallying 2.91% and 2.61% respectively.

Tobacco company Imperial Brands PLC and wireless telecommunications services company Vodafone Group PLC were among the top five companies with the largest increases, as their stocks increased by 2.04% and 1.74% respectively.

In currency news, the pound was down 0.30% against the dollar, standing at $1.2202, but was up 0.16% against the euro, at €1.1577.

In the commodities market, Brent crude saw a significant rally of 3.9%, reaching $87.88. Meanwhile, the yield on the 10-year gilt fell by 9.290 basis points to 4.484%.

It’s worth noting that this story was auto-generated by an automation technology provider, using data from Dow Jones and FactSet.

More detail via MarketWatch here… ( Image via MarketWatch )

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