UK Stocks Finish Lower as FTSE 100 Declines

The UK stock market closed in negative territory on Friday, with the FTSE 100 Index ending the day down 0.09% at 7,615.54.

Top Losers

  1. Endeavour Mining PLC (EDV): The gold company experienced the largest drop, with shares falling by 4.10%.
  2. Fresnillo PLC (FRES): The precious metals firm’s shares declined by 3.14%.
  3. Mondi PLC (MNDI): The paper and pulp company saw a decrease of 2.39%.

Other Decreases

Anglo American PLC (AAL), a general mining company, and Ocado Group PLC (OCDO), a food retail company, rounded out the top five largest decreases with their stocks dropping by 2.29% and 2.17% respectively.

Top Gainers

  1. Rolls-Royce Holdings PLC (RR): The aerospace products and parts company registered the largest increase among the FTSE 100 constituents, with shares climbing by 3.82% on Friday.
  2. Barclays PLC (BARC): Major international banks firm saw a rally of 3.20%.
  3. J Sainsbury PLC (SBRY): The food retail company’s stocks rose by 2.99%.

Other Increases

Tesco PLC (TSCO), a food retail company, and BT Group PLC (BT.A), a wired telecommunications services firm, rounded out the top five largest increases, with their stocks rising by 2.79% and 2.16% respectively.

Currency and Commodity Market Updates

The pound was down 0.92% against the dollar at $1.2626 and down 0.15% against the euro at €1.1704.

Brent crude dropped by 1.5% to $77.54, while the yield on the 10-year gilt rose by 18.260 basis points to 3.932%.

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