🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

FTSE 100 Midday: U.K. shares down, retail sales mixed

Published 16/08/2024, 11:53
© Reuters.
GBP/USD
-
UK100
-
DGE
-
ANTO
-
MRON
-
RMV
-
DX
-
GC
-
LCO
-
CL
-
FTMC
-
FTLC
-
ENT
-
SQ
-

Investing.com – U.K. equities started the week with gains, but so far the last day of the week doesn’t offer much in terms of gains. By midday, Beverages, Industrial Transportation, Automobiles & Parts and Tobacco were the top losers.

Today in London so far, the FTSE 100 Index fell 0.46%. The FTSE 250 Index and the FTSE 350 Index also declined. The FTSE 250 dropped 0.12%, while the FTSE 350 is down by 0.38%.

Top Gainers:

  • Entain (LON:ENT): Increased 2.29% or 14.20 points to 635.40
  • Pershing Square (NYSE:SQ): Rose 1.54% or 56.00 points to 3,690.00
  • Melrose Industries (LON:MRON): Climbed 1.38% or 6.90 points to 505.40

Top Losers:

  • Rightmove (LON:RMV): Declined 2.01% or 11.00 points to 536.20
  • Diageo (LON:DGE): Dropped 1.39% or 35.00 points to 2,485.5
  • Antofagasta (LON:ANTO): Fell 1.40% or 26.50 points to 1,861.00

Investing.com visitors also have access to the full list of top FTSE 100 Gainers and FTSE 100 Losers, updated today in real-time.

In Commodities Trading:

  • Gold Futures for December delivery climbed 10.95 points to 2,503.35 a troy ounce.
  • Crude Oil for September delivery dropped 1.88 points to 76.28 a barrel.
  • October Brent Oil Contract fell 2.07% or 1.68 points to 79.36 a barrel.

Currency Markets:

  • GBP/USD jumped over the 1.29 line today with a daily range of 1.2852-1.2909.
  • EUR/GBP is traded at 0.8516.
  • The US Dollar Index Futures is down 0.17% at 102.632.

Main Economic Events:

The retail sales data read 0.5% MoM, which is not far from the expectations, along with the core retail sales numbers.

With valuation volatility careening in 2024, are you unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities.

In 2024 alone, our ProPicks' AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record.

Explore various wealth-building strategies and use our comprehensive stock screener to see the top FTSE 100 companies to add to your watchlist today.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.