U.K. stocks experienced a positive day on Friday, with the FTSE 100 Index closing up 0.50% at 7,711.38. Several companies within the index saw significant increases in their stock prices.
Leading the pack was specialty retail company DCC PLC, which saw its shares rally by 2.29%. This was followed by gambling industries firm Flutter Entertainment PLC and clothing company Burberry Group PLC, both of which saw their shares rise by 2.23% and 2.18% respectively.
Other companies that experienced notable increases included residential building construction company Barratt Developments PLC, whose stock increased by 2.06%, and investment advisors business 3i Group PLC, which saw its stocks rise by 1.81%.
However, not all companies within the FTSE 100 had positive days. Pharmaceutical company Hikma Pharmaceuticals PLC saw the largest drop, with its shares falling by 1.53%. Wired telecommunications services firm BT Group PLC and industrial/office reits company SEGRO PLC also experienced decreases, with their stocks shedding 1.47% and 1.36% respectively.
Diversified REITs companies British Land Co. PLC and Land Securities Group PLC rounded out the top five largest decreases, with their stocks falling by 1.34% and 1.27% respectively.
In terms of currency, the pound was down 0.14% against the dollar at $1.2391 and 0.44% against the euro at €1.1608.
In the energy sector, Brent crude rose by 0.1% to $93.80. Meanwhile, the yield on the 10-year gilt increased by 7.920 basis points to 4.362%.
It is important to note that the above information was auto-generated by an automation technology provider using data from Dow Jones and FactSet.
Overall, Friday was a mixed day for U.K. stocks, with some companies experiencing significant increases while others faced drops in their stock prices.
More detail via MarketWatch here… ( Image via MarketWatch )
