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

Jul 9, 2024 7:31 AM

Investing.com – U.K. equities started mixed on Tuesday, with falls in Oil & Gas, Banks, Industrial Engineering and Support Services sectors, while the Industrial Metals & Mining, Gas Water & Multiutilities, Mobile Telecommunications and Household Goods climbed.

At the market open in London, the FTSE 100 Index rose 0.22%. The FTSE 250 Index and the FTSE 350 Index were down. The FTSE 250 started in the red with 6.30 points drop, while the FTSE 350 declined 0.03%.

Top Gainers:

  • Rentokil (LON:RTO): Rose 1.59% or 7.40 points to 473.00
  • Kingfisher (LON:KGF): Increased 1.35% or 3.50 points to 263.10
  • Fresnillo (LON:FRES): Climbed 1.38% or 8.00 points to 590.00

Top Losers:

  • BP (LON:BP): Dropped 2.79% or 13.25 points to 461.40
  • JD Sports Fashion (LON:JD): Fell 0.97% or 1.10 points to 112.55
  • Weir Group (LON:WEIR): Declined 1.12% or 22.00 points to 1,943.00

In Commodities Trading:

  • Gold Futures for August delivery climbed 5.90 points to 2,369.40 a troy ounce.
  • Crude Oil for August delivery fell 0.26 points to 82.07 a barrel.
  • September Brent Oil Contract dropped 0.23% or 0.20 points to 85.55 a barrel.

Currency Markets:

  • GBP/USD is cruising over 1.28.
  • EUR/GBP is stable at 0.84.
  • The US Dollar Index Futures was up 0.02% at 104.687

Main Economic Events:

Today's main economic event in the United Kingdom is Retail Sales Monitor which came worse than expected on a yearly basis for June.

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