FTSE 100 Commentary

Tue, 16th Apr 2024 12:00

At 12:00 PM, the FTSE 100 Index was down by -116.63 at 7848.9 points, a movement of -1.46%, showing a worrying fall in the market.

Mondi (MNDI) was a well traded share, with approximately £2,110.9m (0.312%) worth of shares changing hands.

Overall, 6.00% of the companies in the FTSE 100 Index were up, and 94.00% were down; giving a negative summary of the day so far.

Some of the top risers include Centrica (CNA) which rose 1.38%, Croda International (CRDA) rising 1.28% and Smith & Nephew (SN.) which increased 0.98%. The majority of gaining shares came from the Gas and Water, Industrial Chemicals and Medical Services sector(s).

The biggest risers were as follows:

• Centrica (CNA) +1.80 (1.38%)
• Croda International (CRDA) +61.00 (1.28%)
• Smith & Nephew (SN.) +9.40 (0.98%)
• Severn Trent (SVT) +21.00 (0.88%)
• SSE (SSE) +7.50 (0.45%)
• United Utilities (UU.) +3.00 (0.30%)

Shares that dropped included Pershing Square Holdings (PSH) which fell -4.05%, Anglo American (AAL) losing -3.71% and Scottish Mortgage (SMT) which dropped -3.58%. Most losing shares came from the undefined, Retailers and Personal Care sector(s).

The lowest fallers were as follows:

• Pershing Square Holdings (PSH) -162.00 (-4.05%)
• Anglo American (AAL) -80.50 (-3.71%)
• Scottish Mortgage (SMT) -31.00 (-3.58%)
• Glencore (GLEN) -14.10 (-2.93%)
• Prudential (PRU) -20.60 (-2.90%)
• IMI (IMI) -51.00 (-2.83%)
• Auto Trader (AUTO) -19.00 (-2.74%)
• Rio Tinto (RIO) -146.00 (-2.70%)
• Antofagasta (ANTO) -61.00 (-2.68%)