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FTSE 100 up; U.K. shares mixed at market open

Published 01/07/2024, 08:27
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Investing.com - U.K. equities started with gains on Monday, with rises in all sectors, the most notable ones being the Real Estate Investment Trusts REITs, Gas Water & Multiutilities, Banks and Life Insurance sectors.

At the market open in London, the FTSE 100 Index rose 0.59%. The FTSE 250 Index and the FTSE 350 Index also increased. The FTSE 250 climbed 0.59%, while the FTSE 350 increased by 0.71%.

Top Gainers:

  • Land Securities (LON:LAND): Rose 2.66% or 16.50 points to 636.00
  • Centrica (LON:CNA): Climbed 2.52% or 3.40 points to 138.30
  • Rentokil (LON:RTO): Increased 2.13% or 9.80 points to 471.00

Top Losers:

  • Anglo American (JO:AGLJ): Dropped 2.38% or 59.5 points to 2,442.5
  • BAE Systems (LON:BAES): Declined 1.48% or 19.50 points to 1,300.50
  • Relx (LON:REL): Fell 1.07% or 39.00 points to 3,600.00

In Commodities Trading:

  • Gold Futures for August delivery declined 4.15 points to 2,335.45 a troy ounce.
  • Crude Oil for August delivery added 0.66 points to 82.20 a barrel.
  • September Brent Oil Contract increased 0.73% or 0.62 points to 85.62 a barrel.

Currency Markets:

Main Economic Events:

Today's main economic event in the United Kingdom is the Manufacturing PMI. Throughout the week, we will have Nationwide House Prices also today, Composite and Services PMI numbers on Tuesday, Construction PMI and the General Election on Wednesday and finally Halifax House Prices and Mortgage Rates data on Friday, which are expected to provide insights into the country's economic outlook and potential policy changes.

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