HomeStock MarketFresnillo drags FTSE 100 down, while Flutter Entertainment emerges as top gainer.

Fresnillo drags FTSE 100 down, while Flutter Entertainment emerges as top gainer.

FTSE 100 Sees Decline as Fresnillo Leads Losses, Flutter Entertainment Tops Gainers

Market Overview:

The FTSE 100 closed lower on Monday, slipping by 0.37% to settle at 7,374.83 points. The decline was led by precious metals company Fresnillo PLC, which saw a significant drop of 4.68%. Other notable losers included biotechnology firm AstraZeneca PLC, wired telecommunications services provider BT Group PLC, oil & gas company BP PLC, and non-ferrous metals firm Antofagasta PLC, all registering losses between 2.04% and 3.16%.

Gainers Take the Lead:

On the other side of the spectrum, gambling firm Flutter Entertainment PLC led the gainers with a rise of 4.06%. Food retail firm Ocado Group PLC, passenger airlines company International Consolidated Airlines Group S.A., abrdn PLC, and Informa PLC also made notable gains, with increases ranging from 2.30% to 3.84%.

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Currency and Commodity Markets:

In currency markets, the pound showed strength against both the dollar and euro, appreciating by 0.54% and 0.06% respectively. In commodities, prices experienced a dip of 1.4%. Meanwhile, the yield on the 10-year gilt declined to 4.599%.

This article provides an overview of the recent performance of the FTSE 100 index. It highlights the top gainers and losers, along with the currency and commodity market trends. Please note that this article was generated with the support of AI and reviewed by an editor.

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