FTSE 100 Commentary

Tue, 16th Apr 2024 13:00

At 13:00 PM, the FTSE 100 Index was down by -94.5 at 7871.03 points, a movement of -1.19%, showing a dramatic fall in the market.

Mondi (MNDI) was a heavily traded share, with around £2,214.1m (0.329%) worth of shares being traded.

Overall, 7% of the companies in the FTSE 100 Index were up, and 93.00% were down; giving a negative outlook of the day so far.

Shares that are having a good day included Croda International (CRDA) which rose 1.91%, Severn Trent (SVT) rising 1.34% and Centrica (CNA) which increased 1.30%. Most of the winning shares came from the Gas and Water, Industrial Chemicals and Medical Services sector(s).

The biggest risers were as follows:

• Croda International (CRDA) +91.00 (1.91%)
• Severn Trent (SVT) +32.00 (1.34%)
• Centrica (CNA) +1.70 (1.30%)
• Smith & Nephew (SN.) +6.60 (0.69%)
• United Utilities (UU.) +6.50 (0.65%)
• SSE (SSE) +7.00 (0.42%)
• Flutter Entertainment (FLTR) +20.00 (0.13%)

The shares that went down included Anglo American (AAL) which fell -3.62%, Scottish Mortgage (SMT) losing -3.30% and Pershing Square Holdings (PSH) which dropped -3.20%. Most of these dropping shares came from the undefined, Retailers and Personal Care sector(s).

The lowest fallers were as follows:

• Anglo American (AAL) -78.50 (-3.62%)
• Scottish Mortgage (SMT) -28.60 (-3.30%)
• Pershing Square Holdings (PSH) -128.00 (-3.20%)
• Phoenix Group Holdings (PHNX) -15.30 (-3.01%)
• Glencore (GLEN) -14.45 (-3.00%)
• IMI (IMI) -53.00 (-2.94%)
• Antofagasta (ANTO) -63.00 (-2.77%)
• Prudential (PRU) -19.40 (-2.73%)
• Auto Trader (AUTO) -18.80 (-2.71%)