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U.K. stocks weaken for first time in two days

U.K. stocks decreased Thursday, as the FTSE 100 Index
UKX,
+0.24%

finished down 0.83% at 7,515.68.

Among FTSE 100 constituents, air freight company Royal Mail PLC
RMG,
+0.64%

saw the largest decline Thursday, as shares fell 4.78%

Shares of advertising/marketing/public relations firm WPP PLC
WPP,
+0.70%

and food products company Associated British Foods PLC
ABF,
+0.48%

fell 4.75% and 3.96%, respectively.

Next PLC
NXT,
+2.25%
,
a clothing retail company, and home goods retail company Kingfisher PLC
KGF,
+1.64%

rounded out the top five largest decreases as their stocks declined 3.86% and 3.62%, respectively.

Pearson PLC
PSON,
+0.03%
,
a publishing company, saw the largest increase of the FTSE 100 constituents, as shares rallied 1.54% on Thursday.

Shares of water utilities firm Severn Trent PLC
SVT,
+0.16%

and life insurance company Prudential PLC
PRU,
-0.62%

increased 1.25% and 0.93%, respectively.

Halma PLC
HLMA,
-0.52%
,
a precision products company, and investment advisors business Intermediate Capital Group PLC
ICP,
-0.17%

rounded out the top five largest increases as their stocks climbed 0.84% and 0.82%, respectively.

The pound was up 0.11% against dollar
GBPUSD,
-0.07%

at $1.3150 and 0.71% against the euro
UK:GBPEUR
at €1.1855.

Brent crude
US:BRN00
fell 3.2% to $107.87, and the yield on the 10-year gilt
TMBMKGB-10Y,
1.652%

rose 3.185 basis points to 1.614%.


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.


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