FTSE 100 opens in the red today; Manufacturing production better than expected

Investing.comOct 11, 2024 7:59 AM

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Investing.com – U.K. equities started mixed on Friday. The top gainers were Mining, Household Goods and Industrial Engineering sectors. Tobacco, Chemicals and Personal Goods were the top losers.

At the market open in London, the FTSE 100 Index fell 0.08%. The FTSE 250 Index and the FTSE 350 Index also dropped. The FTSE 250 dropped 0.05%, while the FTSE 350 was down by 0.14%.

Top Gainers:

Fresnillo (LON:FRES): Increased 1.22% or 8.00 points to 662.00.
Vistry Group (LON:VTYV): Rose 1.78% or 16.00 points to 917.00.
Barratt Developments (LON:BTRW): Climbed 1.12% or 5.10 points to 458.50.

Top Losers:

J Sainsbury (LON:SBRY): Dropped 4.17% or 12.00 points to 276.00.
Croda International PLC (LON:CRDA): Fell 1.98% or 81.0 points to 4,004.0.
Tesco (LON:TSCO): Declined 1.31% or 4.70 points to 354.70.

In Commodities Trading:

Gold Futures for December delivery rose 30.75 points to 2,656.75 a troy ounce.
Crude Oil for November delivery climbed 1.62 points to 74.86 a barrel.
December Brent Oil Contract increased 2.39% or 1.83 points to 78.41 a barrel.

Currency Markets:

GBP/USD is trading at 1.3051.
EUR/GBP is at 0.8378.
The US Dollar Index Futures was up 0.02% at 102.717.

Main Economic Events:

Today's economic calendar for the United Kingdom is busy with GDP and manufacturing data are being watched. Manufacturing production for the month of August read better than expected.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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