U.K. Stocks Slide as FTSE 100 Closes Down

The U.K. stock market experienced a decline on Monday, with the FTSE 100 Index closing down 0.16% at 7,452.76.

Biggest Decreases

Several companies within the FTSE 100 saw significant decreases in their stock prices:

• Admiral Group PLC (ADM) - Down 2.43%
• International Distribution Services PLC (IDS) - Down 1.90%
• Croda International PLC (CRDA) - Down 1.58%
• Vodafone Group PLC (VOD) - Down 1.56%
• Land Securities Group PLC (LAND) - Down 1.49%

Biggest Increases

However, not all companies experienced losses. Some saw notable increases in their stock prices:

• Entain PLC (ENT) - Up 2.82%
• Glencore PLC (GLEN) - Up 2.07%
• BHP Group Ltd. (BHP) - Up 1.67%
• International Consolidated Airlines Group S.A. (IAG) - Up 1.38%
• Pearson PLC (PSON) - Up 1.36%

Currency and Commodity Performance

In the currency market, the pound gained against both the dollar and the euro. It rose 0.27% against the dollar, reaching $1.2625, and increased by 0.07% against the euro, reaching €1.1691.

Meanwhile, the price of Brent crude increased by 0.4% to $88.93.

Additionally, the yield on the 10-year gilt saw an increase of 3.960 basis points, reaching 4.470%.