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Election day: FTSE 100 up; U.K. shares mixed at market open

Published 04/07/2024, 08:28
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Investing.com - U.K. equities started with gains on Thursday, with rises in majority of the sectors, the most notable ones being the Automobiles & Parts, Banks, Aerospace & Defense and Beverages sectors. Mining, Food Producers and General Retailers are some of the few declined.

At the market open in London, the FTSE 100 Index rose 0.65%. The FTSE 250 Index fell while the FTSE 350 Index increased. The FTSE 250 fell 0.07%, while the FTSE 350 climbed by 0.41%.

Top Gainers:

  • Smith & Nephew PLC (LON:SN): Increased 6.42% or 63.30 points to 1,049.50
  • Bunzl (LON:BNZL): Climbed 1.78% or 54.0 points to 3,086.0
  • Barclays (LON:BARC): Rose 1.28% or 2.80 points to 220.95

Top Losers:

  • Next PLC (LON:NXT): Fell 1.58% or 144.0 points to 8,968.0
  • Mondi (LON:MNDI): Declined 0.65% or 10.00 points to 1,532.00
  • BT Group (LON:BT): Dropped 0.18% or 0.25 points to 137.80

In Commodities Trading:

  • Gold Futures for August delivery declined 7.10 points to 2,362.30 a troy ounce.
  • Crude Oil for August delivery fell 0.72 points to 83.16 a barrel.
  • September Brent Oil Contract dropped 0.77% or 0.67 points 86.67 a barrel.

Currency Markets:

  • GBP/USD is calm at 1.27 in the beginning of the election day.
  • EUR/GBP is also stable at 0.84.
  • The US Dollar Index Futures was down 0.10% at 104.977

Main Economic Events:

Today's main economic event in the United Kingdom is the Construction PMI data. Also public is at the polls today for the general election.

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