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FTSE 100 down at market open, growth numbers on Friday

Published 24/06/2024, 08:31
© Reuters.

Investing.com - U.K. equities started mixed on Monday, with rises in Life Insurance, Personal Goods, Tobacco and Beverages sectors, and falls in Mining, Industrial Metals & Mining, General Industrials and Industrial Engineering sectors.

At the market open in London, the FTSE 100 Index fell 0.04%. The FTSE 250 Index and the FTSE 350 Index also decreased. The FTSE 250 declined 0.17%, while the FTSE 350 dropped by 0.06%.

Top Gainers:

  • JD Sports Fashion PLC (LON:JD): Rose 2.22% or 2.80 points to 128.97
  • NatWest (LON:NWG) Group: Climbed 1.46% or 4.60 points to 319.40
  • Burberry Group (LON:BRBY): Increased 1.88% or 18.5 points to 1,003.5

Top Losers:

  • Flutter (LON:FLTRF) Entertainment: Dropped 2.99% or 450.0 points to 14,615.0
  • Antofagasta (LON:ANTO): Declined 1.02% or 21.00 points to 2,037.00
  • Smurfit Kappa (LON:SKG): Fell 1.53% or 56.0 points to 3,602.0

In Commodities Trading:

  • Gold Futures for August delivery rose 5.60 points to 2,336.80 a troy ounce.
  • Crude Oil for August delivery fell 0.09 points to 80.64 a barrel.
  • September Brent Oil Contract calm with 0.02% or 0.02 decrease to 84.31 a barrel.

Currency Markets:

Main Economic Events:

Today's main economic event in the United Kingdom is CBI Industrial Trends Orders. Throughout the week, we will have BoE Financial Stability Report and BoE's Andrew Bailey speaking on Thursday, while the GDP and current account numbers are coming on Friday, which are expected to provide insights into the country's economic outlook and potential policy changes.

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