Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

FTSE 100 in the green; shares mixed at market open

Published 13/09/2024, 08:31
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Investing.com – U.K. equities started higher on Friday, with rises in Mining, Personal Goods, Industrial Metals & Mining and Automobiles & Parts sectors.

At the market open in London, the FTSE 100 Index climbed 0.20%. The FTSE 250 Index and the FTSE 350 Index also rose. The FTSE 250 increased 0.27%, while the FTSE 350 was up by 0.10%.

FTSE100

Top Gainers:

  • Fresnillo (LON:FRES): Climbed 2.33% or 12.50 points to 550.00.
  • Burberry Group (LON:BRBY): Rose 2.02% or 11.8 points to 596.2.
  • Entain (LON:ENT): Increased 1.60% or 11.40 points to 725.60.

InvestingPro: Top Gainers Net Income To Stock Holders

Top Losers:

  • AstraZeneca (LON:AZN): Dropped 1.73% or 208.0 points to 11,842.0.
  • J Sainsbury (LON:SBRY): Fell 1.35% or 4.00 points to 291.80.
  • Marks & Spencer (LON:MKS): Declined 1.17% or 4.10 points to 347.70.

InvestingPro: Top Losers Net Income to Stock Holders

In Commodities Trading:

  • Gold Futures for December delivery climbed 11.95 points to 2,592.55 a troy ounce.
  • Crude Oil for October delivery rose 0.45 points to 69.42 a barrel.
  • November Brent Oil Contract increased 0.57% or 0.41 points to 72.38 a barrel.

Currency Markets:

  • GBP/USD started climbing to 1.31 today, trying to stabilise at 1.3133.
  • EUR/GBP is at 0.84.
  • The US Dollar Index Futures was down 0.21% at 101.139.

Main Economic Events:

Today's main economic events in the United Kingdom are CFTC GBP speculative net positions and inflation expectations.

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