FTSE 100 Commentary

Thu, 9th May 2024 10:00

At 10:00 AM, the FTSE 100 Index was up by 7.17 at 8361.22 points, a movement of 0.09%, showing a slight rise in the market.

Airtel Africa (AAF) was a heavily traded share, with around £251.8m (0.060%) worth of shares being traded.

Overall, 60.00% of the companies in the FTSE 100 Index were up, and 38.00% were down; giving a positive view of the day so far.

Investors favourites include Reckitt (RKT) which rose 1.10%, Phoenix Group Holdings (PHNX) rising 1.08% and BT (BT.A) which increased 0.96%. The majority of rising shares came from the Personal Care, Life Insurance and Banking sector(s).

The biggest risers were as follows:

• Reckitt (RKT) +50.00 (1.10%)
• Phoenix Group Holdings (PHNX) +5.50 (1.08%)
• BT (BT.A) +1.00 (0.96%)
• BAE Systems (BA.) +13.50 (0.98%)
• Ashtead Group (AHT) +50.00 (0.86%)
• Frasers Group (FRAS) +6.00 (0.73%)
• Tesco (TSCO) +2.10 (0.68%)
• Rightmove (RMV) +3.80 (0.68%)
• Natwest (NWG) +2.10 (0.66%)

The shares that went down included Airtel Africa (AAF) which fell -5.69%, HSBC Holdings (HSBA) losing -3.79% and 3i Group (III) which dropped -3.70%. Most of these dropping shares came from the undefined, Household Goods and Brokerage Services sector(s).

The lowest fallers were as follows:

• Airtel Africa (AAF) -6.60 (-5.69%)
• HSBC Holdings (HSBA) -27.30 (-3.79%)
• 3i Group (III) -110.00 (-3.70%)
• Admiral (ADM) -47.00 (-1.69%)
• Melrose (MRO) -6.00 (-0.99%)
• Flutter Entertainment (FLTR) -120.00 (-0.75%)
• SSE (SSE) -13.50 (-0.75%)
• International Airlines (IAG) -1.30 (-0.71%)
• Smith & Nephew (SN.) -6.50 (-0.65%)