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

Published 03/06/2024, 08:23
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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 Electricity, General Retailers, Financial Services and Gas Water & Multiutilities, and Construction & Building Materials sectors.

At the market open in London, the FTSE 100 Index rose 0.61%. The FTSE 250 Index and the FTSE 350 Index also increased. The FTSE 250 climbed 0.40%, while the FTSE 350 increased by 0.92%.

Top Gainers:

  • St. James's Place PLC (LON:SJP): Rose 5.48% or 27.40 points to 527.00
  • JD Sports Fashion PLC (LON:JD): Climbed 3.52% or 4.49 points to 131.99
  • Legal & General (LON:LGEN): Increased 2.88% or 7.20 points to 256.80

Top Losers:

  • GSK (LON:GSK) plc: Dropped 9.60% or 169.67 points to 1,596.83
  • HALEON PLC (LON:HLN): Declined 0.92% or 3.00 points to 322.10
  • Fresnillo (LON:FRES): Fell 0.54% or 3.33 points to 616.17

In Commodities Trading:

  • Gold Futures for August delivery declined 1.50 points to 2,344.30 a troy ounce.
  • Crude Oil for July delivery added 0.05 points to 77.04 a barrel.
  • August Brent Oil Contract calm with 0.02% or 0.02 increase to 81.14 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 Retail Sales this Tuesday; Composite, Services and Construction PMI data on Thursday and House Prices finally on Friday, which are expected to provide insights into the country's economic outlook and potential policy changes.

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