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UK Stocks Soar: Investing.com UK 100 Sees 0.73% Surge at Market Close

UK Stocks Soar: Investing.com UK 100 Sees 0.73% Surge at Market Close

September 16, 2024 Catherine Williams - Chief Editor News

U.K. Equities Rise as Gains in Multiple ​Sectors Propel Shares Higher

U.K. equities closed higher on⁢ Monday, driven by gains in the ⁤ Financials,‍ Consumer Goods, and Industrials sectors.

The FTSE 100 index ‍rose 0.73% to close at the end of the trading‌ day in London.

Top Performers

The top⁣ performers ⁣of the day‍ included:

  • JD Sports Fashion‌ PLC (LON:JD.), which rose 3.63% (5.40 points) to 154.30
  • Marks & Spencer (LON:MKS), which rose 2.90% ⁤(10.20 points) to 361.40
  • Kingfisher (LON:KGF), which rose⁤ 2.18% (6.20 points) to 290.30

Worst‌ Performers

The worst performers ⁤of the day⁢ included:

  • Phoenix Group Holdings ⁤(LON:PHNX), which fell 5.29% (30.50 points)‌ to 546.00
  • Melrose⁤ Industries PLC ​(LON:MRO), which‍ fell 2.57% (12.30 points) to‌ 467.20
  • Spirax-Sarco Engineering PLC (LON:SPX), which fell 2.00% (150.00 points) to 7,365.00

Market Summary

A total of 917 stocks ‌on the London Stock‍ Exchange ​ fell, while 877 stocks closed higher. Meanwhile, 675 ⁣stocks remained⁤ flat.

Commodity Prices

The price of December gold futures fell by 0.08% (2.10 points) to $2,608.60. In contrast, the price of November ⁣delivery WTI crude oil futures rose by 1.40% (0.95 ‍points) to $68.70, while the price of November London Brent crude ⁤oil​ futures rose by 1.20% (0.86) ⁣to $72.47.

Currency Exchange Rates

The GBP/USD exchange rate rose by⁤ 0.62% to 1.32, while the EUR/GBP exchange rate ‌remained relatively flat at 0.19% to ⁤0.84.‌ The dollar index futures fell 0.36% to 100.43.

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