Monday, 2 October 2023


FTSE 100 records slight gain amid mixed performances from constituents By

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The in the UK reported a modest gain on Tuesday, closing at 7,660.20, a rise of 0.09%. The top performers included Hargreaves Lansdown PLC, an investment advisory firm, which saw its shares surge by 4.92%, the most significant increase among the FTSE 100 constituents on that day.

Other notable risers were 3i (LON:) Group PLC and Lloyds Banking Group (LON:) PLC, with their shares appreciating by 1.86% and 1.77% respectively. Additionally, Persimmon (LON:) PLC, a residential construction company, and WPP (LON:) PLC, a firm engaged in advertising, marketing and public relations, both saw their stocks rise by 1.65%.

However, not all FTSE 100 constituents enjoyed gains. Kingfisher (LON:) PLC, a home goods retailer, experienced the day’s most significant drop as its shares plummeted by 12.22%. Other companies that recorded losses included Burberry Group (OTC:) PLC and Antofagasta (LON:) PLC, with shares falling by 4.04% and 2.68% respectively.

Further down the list of decliners were Entain PLC, a company in the gambling industry, and Halma PLC, a precision products firm. They recorded stock price decreases of 2.38% and 2.18%, respectively.

In currency markets on Tuesday, the pound sterling marginally strengthened against the U.S dollar by 0.02% to stand at $1.2388 and gained 0.12% versus the euro to close at €1.1597.

Regarding commodities on Tuesday, futures rose by 0.9% to $95.26 per barrel while the yield on the UK 10-year gilt fell by 4.970 basis points to 4.342%.

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