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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 3.34%

Published 24/06/2016, 17:15
© Reuters. U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 3.34%
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Investing.com – U.K. equities were lower at the close on Friday, as losses in the Real Estate Investment Trusts REITs, Real Estate and Life Insurance/Assurance sectors propelled shares lower.

At the close in London, the Investing.com United Kingdom 100 lost 3.34%.

The biggest gainers of the session on the Investing.com United Kingdom 100 were Randgold Resources Ltd (LON:RRS), which rose 14.18% or 915.00 points to trade at 7370.00 at the close. Fresnillo PLC (LON:FRES) added 11.86% or 147.00 points to end at 1386.00 and ARM Holdings PLC (LON:ARM) was up 5.99% or 61.00 points to 1080.00 in late trade.

Biggest losers included Taylor Wimpey PLC (LON:TW), which lost 29.26% or 56.30 points to trade at 136.10 in late trade. Persimmon PLC (LON:PSN) declined 27.55% or 578.00 points to end at 1520.00 and Barratt Developments PLC (LON:BDEV) shed 23.84% or 137.700 points to 439.800.

Declining stocks outnumbered rising ones by 2140 to 320 and 98 ended unchanged on the London Stock Exchange.

In commodities trading, Gold for August delivery was up 4.73% or 59.70 to $1322.80 a troy ounce. Meanwhile, Crude oil for delivery in August fell 4.61% or 2.31 to hit $47.80 a barrel, while the August Brent oil contract fell 4.67% or 2.38 to trade at $48.53 a barrel.

GBP/USD was down 8.81% to 1.3567, while EUR/GBP rose 7.08% to 0.8193.

The US Dollar Index was up 2.46% at 95.63.

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