FTSE 100 Commentary

Thu, 9th May 2024 13:00

At 13:00 PM, the FTSE 100 Index was up by 25.03 at 8379.08 points, a movement of 0.3%, showing a slight rise in the market.

Standard Chartered (STAN) was a much traded share, with roughly £2,739.8m (0.142%) worth of shares being bought and sold.

Overall, 80.00% of the companies in the FTSE 100 Index were up, and 20.00% were down; giving a positive view of the day so far.

Shares that are having a good day included JD Sports (JD.) which rose 1.93%, Rightmove (RMV) rising 1.50% and Phoenix Group Holdings (PHNX) which increased 1.47%. Most of the winning shares came from the Personal Care and Retailers sector(s).

The biggest risers were as follows:

• JD Sports (JD.) +2.25 (1.93%)
• Rightmove (RMV) +8.40 (1.50%)
• Phoenix Group Holdings (PHNX) +7.50 (1.47%)
• Reckitt (RKT) +64.00 (1.41%)
• Frasers Group (FRAS) +11.50 (1.40%)
• United Utilities (UU.) +15.00 (1.38%)
• BP (BP.) +6.70 (1.34%)
• Ashtead Group (AHT) +74.00 (1.28%)
• Severn Trent (SVT) +32.00 (1.24%)

Some of the losing shares were Airtel Africa (AAF) which fell -4.40%, HSBC Holdings (HSBA) losing -3.79% and 3i Group (III) which dropped -3.33%. Most of the falling shares came from the Banking, Travel and Industrial Engineering sector(s).

The lowest fallers were as follows:

• Airtel Africa (AAF) -5.10 (-4.40%)
• HSBC Holdings (HSBA) -27.30 (-3.79%)
• 3i Group (III) -99.00 (-3.33%)
• Admiral (ADM) -32.00 (-1.15%)
• Melrose (MRO) -6.40 (-1.06%)
• Spirax-Sarco (SPX) -80.00 (-0.87%)
• Pearson (PSON) -7.00 (-0.69%)
• Smith & Nephew (SN.) -6.50 (-0.65%)
• Weir Group (WEIR) -12.00 (-0.57%)