UK Stocks Soar: Investing.com UK 100 Surges 1.05% in Late-Day Rally
- equities closed higher on Monday, driven by gains in the mining, industrial, and consumer goods sectors.
- The FTSE 100 index rose 1.05% to close at the end of the trading day in London.
- A total of 1,083 stocks on the London Stock Exchange rose, outnumbering the 686 stocks that closed lower.
U.K. Equities Rise as Gains in Key Sectors Propel Shares Higher
U.K. equities closed higher on Monday, driven by gains in the mining, industrial, and consumer goods sectors.
The FTSE 100 index rose 1.05% to close at the end of the trading day in London.
Top Performers of the Day
The top performers of the day included:
- Entain PLC (LON:), which rose 5.29% or 33.80 points to 673.20
- Melrose Industries PLC (LON:), which rose 4.15% or 18.80 points to 472.10
- Flutter Entertainment PLC (LON:), which rose 3.84% or 615.00 points to 16,650.00
Weakest Stocks of the Day
The weakest stocks of the day included:
- Burberry (LON:), which fell 4.86% (29.40 points) to 575.00
- Pearson PLC (LON:), which fell 1.40% (15.00 points) to 1,058.50
- Reckitt Benckiser (LON:), which fell 1.15% (52.00 points) to 4,486.00
Market Summary
A total of 1,083 stocks on the London Stock Exchange rose, outnumbering the 686 stocks that closed lower. Meanwhile, 704 stocks remained flat.
Commodity Prices
The price of gold futures rose by 0.19% (4.85 points) to $2,529.45. In terms of other futures, the price of WTI crude oil rose by 1.18% (0.80 points) to $68.47, while the price of London Brent crude oil rose by 0.77% (0.55) to $71.61.
Currency Exchange Rates
The GBP/USD exchange rate remained flat at 0.30%, with a rate of 1.31. Meanwhile, the EUR/GBP exchange rate was also flat at 0.04%, with a rate of 0.84.
The dollar index futures rose 0.38% to 101.53.