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FTSE 100 index dips, Anglo American PLC leads decline

Published 07/11/2023, 21:10
Updated 07/11/2023, 21:10
© Reuters.

In Tuesday's trading, the FTSE 100 Index experienced a slight dip of 0.10% to close at 7,410.04 points. Mining company Anglo American (JO:AGLJ) PLC led the downturn among constituents, recording a fall of 3.54%. Other significant decliners included Antofagasta (LON:ANTO) PLC, Glencore (OTC:GLNCY) PLC, BP (NYSE:BP) PLC, and Hikma Pharmaceuticals (OTC:HKMPY).

In contrast, Associated British Foods (OTC:ASBFY) PLC led the gainers with a rise of 6.84%. This was followed by Persimmon (LON:PSN) PLC, Ocado (LON:OCDO) Group PLC, NatWest Group PLC (LON:NWG), and Barratt Developments (LON:BDEV) PLC who all recorded stock increases.

The pound depreciated against both the dollar and the euro on Tuesday. In addition to this, Brent crude oil prices experienced a drop of 3.0%. The yield on the 10-year gilt also declined on the same day.

This recent market activity is based on data provided by Dow Jones and FactSet.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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