Investing.com – U.K. equities were higher at the close on Monday, as gains in the Construction & Materials, Mobile Telecommunications and Fixed Line Telecommunications sectors propelled shares higher.
At the close in London, the FTSE 100 rose 1.72%.
The biggest gainers of the session on the FTSE 100 were Severn Trent Plc (LONDON:SVT), which rose 5.89% or 121.00 points to trade at 2176.00 at the close. International Airlines Group (LONDON:ICAG) added 4.15% or 21.00 points to end at 526.50 and Carnival (LONDON:CCL) was up 3.79% or 120.00 points to 3288.00 in late trade.
Biggest losers included Randgold Resources (LONDON:RRS), which lost 1.89% or 85.00 points to trade at 4413.00 in late trade. Hikma Pharmaceuticals (LONDON:HIK) declined 1.85% or 36.00 points to end at 1911.00 and Fresnillo Plc (LONDON:FRES) shed 1.26% or 9.00 points to 703.50.
Advancing stocks outnumbered falling ones by 1983 to 669 and 428 ended unchanged on the London Stock Exchange.
In commodities trading, Gold for August delivery was down 1.51% or 18.20 to $1183.70 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.45% or 0.27 to hit $59.70 a barrel, while the August Brent oil contract fell 0.50% or 0.32 to trade at $62.70 a barrel.
GBP/USD was down 0.48% to 1.5812, while EUR/GBP rose 0.46% to 0.7181.
The US Dollar Index was up 0.15% at 94.45.