The U.K. stock market experienced a mixed performance on Friday, with the FTSE 100 Index closing slightly up at 7,697.51 (+0.04%). Let’s take a closer look at some of the noteworthy movements within the FTSE 100 constituents.
Top Gainers
Among the major international banks, Lloyds Banking Group PLC (LLOY) saw the largest increase in share price, rising by 1.81%. Meanwhile, Pershing Square Holdings Ltd. (PSH), a closed-end funds firm, and Persimmon PLC (PSN), a residential building construction company, experienced gains of 1.73% and 1.17% respectively.
Real estate developers company, Rightmove PLC (RMV), and investment advisors business, M&G PLC (MNG), also made it into the top five gainers as their stocks increased by 0.95% and 0.90% respectively.
Top Losers
JD Sports Fashion PLC (JD), a clothing retail company, witnessed the largest drop among the FTSE 100 constituents with a decline of 5.15% in share price on Friday.
Food retail firm, Ocado Group PLC (OCDO), and gambling industries company, Entain PLC (ENT), also experienced decreases of 4.25% and 2.49% respectively.
Other Movements
Rentokil Initial PLC (RTO), a diversified business services company, and specialty retail company, D C C P L C DCC, rounded out the top five largest decreases as their stocks declined by 1.52% and 1.46% respectively.
Currency and Commodity Updates
The pound showed slight strength against the dollar, rising by 0.24% to $1.2719. It also saw a modest increase of 0.25% against the euro, reaching €1.1554.
Brent crude declined by 0.6% to $78.69, and the yield on the 10-year gilt fell 3.320 basis points to 3.502%.
