FTSE 100 Commentary

Wed, 17th Apr 2024 09:00

At 09:00 AM, the FTSE 100 Index was up by 15.42 at 7835.78 points, a movement of 0.2%, showing a slight rise in the market.

Smith (DS) (SMDS) was a heavily traded share, with around £315.2m (0.057%) worth of shares being traded.

Overall, 49.00% of the companies in the FTSE 100 Index were up, and 50.00% were down; giving a negative summary of the day so far.

Investors favourites include Fresnillo (FRES) which rose 4.11%, Anglo American (AAL) rising 2.34% and Rio Tinto (RIO) which increased 2.11%. The majority of rising shares came from the Banking and Retailers sector(s).

The biggest risers were as follows:

• Fresnillo (FRES) +24.00 (4.11%)
• Anglo American (AAL) +49.00 (2.34%)
• Rio Tinto (RIO) +111.00 (2.11%)
• Entain (ENT) +15.20 (1.89%)
• Rentokil Initial (RTO) +8.10 (1.83%)
• Burberry (BRBY) +20.50 (1.81%)
• Prudential (PRU) +11.60 (1.69%)
• Beazley (BEZ) +10.00 (1.54%)
• Standard Chartered (STAN) +9.20 (1.45%)

The shares that went down included Melrose (MRO) which fell -1.58%, Pershing Square Holdings (PSH) losing -1.54% and BAE Systems (BA.) which dropped -1.44%. Most of these dropping shares came from the undefined, Gas and Water and Medicine and Biotech sector(s).

The lowest fallers were as follows:

• Melrose (MRO) -10.00 (-1.58%)
• Pershing Square Holdings (PSH) -60.00 (-1.54%)
• BAE Systems (BA.) -19.00 (-1.44%)
• Severn Trent (SVT) -22.00 (-0.93%)
• SSE (SSE) -14.50 (-0.89%)
• Glaxosmithkline (GSK) -13.50 (-0.84%)
• Marks & Spencer (MKS) -2.00 (-0.81%)
• Spirax-Sarco (SPX) -75.00 (-0.79%)
• Kingfisher (KGF) -1.80 (-0.74%)