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FTSE 100 starts in green today; U.K. shares up at market open

Jul 22, 2024 7:29 AM

Investing.com – U.K. equities started with gains on Monday, with rises in majority of sectors, the most notable ones being the Support Services, Gas Water & Multiutilities, Beverages and Personal Goods. However, Mining, Travel & Leisure and Oil & Gas sectors were down.

At the market open in London, the FTSE 100 Index rose 0.59%. The FTSE 250 Index and the FTSE 350 Index also increased. The FTSE 250 climbed 0.25%, while the FTSE 350 increased by 0.47%.

Top Gainers:

  • Rentokil (LON:RTO): Increased 11.76% or 52.70 points to 500.80
  • Entain (LON:ENT): Rose 2.77% or 17.38 points to 662.03
  • National Grid (LON:NG): Climbed 1.82% or 17.00 points to 951.60

Top Losers:

  • EasyJet PLC (LON:EZJ): Declined 7.68% or 35.24 points to 423.76
  • IAG (LON:ICAG): Fell 3.27% or 5.55 points to 164.45
  • Shell (LON:SHEL): Dropped 0.47% or 13.0 points to 2,780.5

In Commodities Trading:

  • Gold Futures for August delivery climbed 6.00 points to 2,405.10 a troy ounce.
  • Crude Oil for September delivery rose 0.38 points to 79.02 a barrel.
  • September Brent Oil Contract increased 0.38% or 0.31 points to 82.94 a barrel.

Currency Markets:

  • GBP/USD parity is at 1.29.
  • EUR/GBP is stable at 0.84.
  • The US Dollar Index Futures was down 0.11% at 103.995.

Main Economic Events:

Today's main economic calendar in the United Kingdom is empty. Throughout the week, we have PMI data on Wednesday, industrial trends on Thursday and GBP speculative positions on Friday, which are expected to provide insights into the country's economic outlook and potential policy changes.

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