News
Timothy A. Price
- February 29, 2024
On Thursday, U.K. stocks ended on a positive note, with the FTSE 100 Index rising to 7,630.02, marking a 0.07% increase.
Top Gainers
- Howden Joinery Group PLC (HWDN): Leading the way with a 7.04% surge in share price.
- Haleon PLC (HLN) and Ocado Group PLC (OCDO): Following closely with gains of 5.57% and 4.22% respectively.
- Croda International PLC (CRDA) and Taylor Wimpey PLC (TW): Also performed well, with increases of 3.61% and 2.99% respectively.
Top Losers
- Whitbread PLC (WTB): Saw the largest drop in share price, declining by 4.57%.
- International Consolidated Airlines Group S.A. (IAG) and Weir Group PLC (WEIR): Experienced decreases of 3.63% and 2.32% respectively.
- InterContinental Hotels Group PLC (IHG) and AstraZeneca PLC (AZN): Also faced notable decreases, with drops of 2.03% and 1.94% respectively.
Market Insights
- Currency Performance: The pound saw a slight decrease against the dollar, but was up against the euro.
- Commodity Update: Brent crude prices rose to $82.61, marking a 0.6% increase.
- Bond Yields: The yield on the 10-year gilt saw an increase of 10.350 basis points.
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