FTSE 100 Commentary

Wed, 17th Apr 2024 10:00

At 10:00 AM, the FTSE 100 Index was up by 36.43 at 7856.79 points, a movement of 0.47%, showing a gentle rise in the market.

Smith (DS) (SMDS) was a much traded share, with roughly £467.4m (0.085%) worth of shares being bought and sold.

Overall, 76.00% of the companies in the FTSE 100 Index were up, and 24.00% were down; giving a positive summary of the day so far.

Some of the top risers include Anglo American (AAL) which rose 3.65%, Fresnillo (FRES) rising 3.59% and Entain (ENT) which increased 3.35%. The majority of gaining shares came from the Personal Care and Banking sector(s).

The biggest risers were as follows:

• Anglo American (AAL) +76.50 (3.65%)
• Fresnillo (FRES) +21.00 (3.59%)
• Entain (ENT) +27.00 (3.35%)
• Rio Tinto (RIO) +151.00 (2.87%)
• Prudential (PRU) +16.40 (2.39%)
• Antofagasta (ANTO) +48.00 (2.17%)
• Glencore (GLEN) +9.75 (2.09%)
• Beazley (BEZ) +12.50 (1.93%)
• Standard Chartered (STAN) +11.40 (1.79%)

Shares that dropped included Glaxosmithkline (GSK) which fell -0.96%, BAE Systems (BA.) losing -0.91% and Melrose (MRO) which dropped -0.70%. Most losing shares came from the Medicine and Biotech, Aerospace and undefined sector(s).

The lowest fallers were as follows:

• Glaxosmithkline (GSK) -15.50 (-0.96%)
• BAE Systems (BA.) -12.00 (-0.91%)
• Melrose (MRO) -4.40 (-0.70%)
• Flutter Entertainment (FLTR) -90.00 (-0.60%)
• Pershing Square Holdings (PSH) -22.00 (-0.57%)
• ConvaTec (CTEC) -1.20 (-0.42%)
• Kingfisher (KGF) -0.90 (-0.37%)
• Haleon (HLN) -1.10 (-0.34%)
• SSE (SSE) -5.50 (-0.34%)