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FTSE 100 down; Inflation in line with expectations; U.K. shares mixed

Published 17/07/2024, 08:23
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Investing.com – U.K. equities started mixed on Wednesday, with falls in Industrial Metals & Mining, Support Services and Electronic & Electrical Equipment sectors and rises in Automobiles & Parts, Personal Goods, Mobile Telecommunications and Tobacco.

At the market open in London, the FTSE 100 Index fell 0.14%. The FTSE 250 Index and the FTSE 350 Index also declined. The FTSE 250 dropped 0.18%, while the FTSE 350 was down by 0.15%.

Top Gainers:

  • Burberry Group (LON:BRBY): Rose 1.36% or 9.6 points to 714.2
  • Smurfit Kappa (LON:SWR): Increased 1.43% or 53.0 points to 3,768.0
  • Vodafone Group PLC (LON:VOD): Climbed 0.38% or 0.260 points to 69.640

Top Losers:

  • Antofagasta (LON:ANTO): Dropped 4.98% or 106.0 points to 2,022.00
  • Intermediate Capital (LON:ICGIN): Fell 1.27% or 28.00 points to 2,182.00
  • Legal & General (LON:LGEN): Declined 1.09% or 2.50 points to 227.90

In Commodities Trading:

  • Gold Futures for August delivery climbed 2.90 points to 2,470.70 a troy ounce.
  • Crude Oil for September delivery rose 0.06 points to 79.77 a barrel.
  • September Brent Oil Contract dropped 0.07% or 0.06 points to 83.67 a barrel.

Currency Markets:

Main Economic Events:

Today's main economic events in the United Kingdom are the inflation numbers, which were aligned with the Bank of England expectations with the monthly CPI reading 0.1%.

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