Stock Market

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.52%

Investing | Sat, May 04 2024 02:06 AM AEST

1695367561_650d4189d32c8_1692951951_64e8658fe70f4_breaking_news_600.png
Image Source: Sivastatz
U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.52%

Investing.com – U.K. equities were higher at the close on Monday, as gains in the Household Goods&Home Construction, Life Insurance/Assurance and Aerospace&Defense sectors propelled shares higher.

At the close in London, the Investing.com United Kingdom 100 gained 0.52% to hit a new all time high.

The biggest gainers of the session on the Investing.com United Kingdom 100 were Phoenix Group Holdings PLC (LON:PHNX), which rose 6.46% or 31.50 points to trade at 519.50 at the close. Berkeley Group Holdings PLC (LON:BKGH) added 4.96% or 238.00 points to end at 5,040.00 and Persimmon PLC (LON:PSN) was up 4.67% or 61.00 points to 1,366.50 in late trade.

Biggest losers included InterContinental Hotels Group PLC (LON:IHG), which lost 2.05% or 162.00 points to trade at 7,726.00 in late trade. Beazley PLC (LON:BEZG) declined 1.56% or 10.00 points to end at 629.50 and Fresnillo PLC (LON:FRES) shed 1.52% or 8.50 points to 549.50.

Advancing stocks outnumbered falling ones by 410 to 241 and 10 ended unchanged on the London Stock Exchange.

In commodities trading, Gold Futures for June delivery was up 1.14% or 26.25 to $2,334.85 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.64% or 0.50 to hit $78.61 a barrel, while the July Brent oil contract rose 0.58% or 0.48 to trade at $83.44 a barrel.

GBP/USD was unchanged 0.23% to 1.26, while EUR/GBP unchanged 0.04% to 0.86.

The US Dollar Index Futures was down 0.02% at 104.90.

This article first appeared in Investing.com

Stock Market

The 'Magnificent 7' term needs to be retired after Q1 earnings: Goldman Sachs

Goldman Sachs (NYSE:GS) has observed a significant shift among the top technology companies, often dubbed the "Magnificent 7," following their ...

Investing | Sat, May 18 2024 07:42 PM AEST

Read More
Stock Market

The market is still underestimating the number of cuts this year: Morgan Stanley

Morgan Stanley (NYSE:MS) economists offered insights into recent economic data and its implications for potential Federal Reserve interest rate ...

Investing | Sat, May 18 2024 06:40 PM AEST

Read More
Stock Market

Thoma Bravo exploring a sale of its stake in edtech firm Instructure

Private equity firm Thoma Bravo initiated steps to potentially sell Instructure, an education software provider valued at $3 billion.

Investing | Sat, May 18 2024 06:32 PM AEST

Read More
PRNews

Roborock Teams Up with "The Garfield Movie" to Give Garfield a More Pampered Life

Roborock is Rocking Life with The Garfield Movie in Cinemas Near You HONG KONG, May 18, 2024 /PRNewswire/ -- Roborock, a ...

Cision | Sat, May 18 2024 12:00 PM AEST

Read More
PRNews

Hbada E3 Ergonomic Office Chair Creates New Breakthroughs in Ergonomics

FONTANA, Calif., May 18, 2024 /PRNewswire/ -- In recent years, sedentary behaviour has become the norm for today's young people, and the ...

Cision | Sat, May 18 2024 12:00 PM AEST

Read More