Home / Royal Mail / U.K. stocks extend negative streak for second day

U.K. stocks extend negative streak for second day

U.K. stocks fell Wednesday, as the FTSE 100 Index
UKX,
-0.08%

closed at 7,593.00.

Of the FTSE 100 constituents, air freight company Royal Mail PLC
RMG,
-5.17%

saw the largest decrease Wednesday, as shares shed 5.17%

Shares of investment advisors firms Schroders PLC
SDR,
-3.23%

abrdn PLC
ABDN,
-2.48%

dropped 3.23% and 2.48%, respectively.

Rentokil Initial PLC
RTO,
-2.17%
,
a diversified business services company, and chemicals company Croda International PLC
CRDA,
-2.07%

rounded out the top five largest decreases as their stocks fell 2.17% and 2.07%, respectively.

Melrose Industries PLC
MRO,
+10.98%
,
a building materials/products company, saw the largest increase of the FTSE 100 constituents, as shares surged 10.98% on Wednesday.

Shares of software firm Aveva Group PLC
AVV,
+10.67%

and closed-end funds company Scottish Mortgage Investment Trust PLC
SMT,
+5.05%

increased 10.67% and 5.05%, respectively.

Ocado Group PLC
OCDO,
+3.45%
,
a food retail company, and clothing retail company JD Sports Fashion PLC
JD,
+3.21%

rounded out the top five largest increases as their stocks climbed 3.45% and 3.21%, respectively.

The pound was down 0.25% against dollar
GBPUSD,
-0.37%

at $1.2558 and 0.56% against the euro
UK:GBPEUR
at €1.1695.

Brent crude
US:BRN00
increased 2.0% to $122.93, and the yield on the 10-year gilt
TMBMKGB-10Y,
2.251%

fell 1.620 basis points to 2.252%.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.


Source link

About admin

Check Also

Royal Mail Christmas 2024 stamps revealed amid snub to West Midlands

Royal Mail have revealed five new stamps to celebrate the Christmas season this winter. The …

Leave a Reply

Your email address will not be published. Required fields are marked *