FTSE 100 Commentary

Thu, 9th May 2024 14:00

At 14:00 PM, the FTSE 100 Index was up by 21.48 at 8375.53 points, a movement of 0.26%, showing a slight rise in the market.

Standard Chartered (STAN) was a well traded share, with approximately £3,145.7m (0.163%) worth of shares changing hands.

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

Investors favourites include Ocado (OCDO) which rose 2.31%, Phoenix Group Holdings (PHNX) rising 2.16% and JD Sports (JD.) which increased 1.93%. The majority of rising shares came from the Personal Care, Retailers sector(s).

The biggest risers were as follows:

• Ocado (OCDO) +8.00 (2.31%)
• Phoenix Group Holdings (PHNX) +11.00 (2.16%)
• JD Sports (JD.) +2.25 (1.93%)
• BT (BT.A) +1.95 (1.86%)
• Vodafone (VOD) +1.22 (1.81%)
• Rightmove (RMV) +9.60 (1.71%)
• Sainsbury's (SBRY) +4.20 (1.55%)
• United Utilities (UU.) +15.00 (1.38%)
• Whitbread (WTB) +41.00 (1.35%)

The shares that went down included HSBC Holdings (HSBA) which fell -4.13%, 3i Group (III) losing -3.67% and Melrose (MRO) which dropped -1.49%. Most of these dropping shares came from the Banking, Travel and undefined sector(s).

The lowest fallers were as follows:

• HSBC Holdings (HSBA) -29.80 (-4.13%)
• 3i Group (III) -109.00 (-3.67%)
• Melrose (MRO) -9.00 (-1.49%)
• Admiral (ADM) -32.00 (-1.15%)
• Airtel Africa (AAF) -1.20 (-1.04%)
• Spirax-Sarco (SPX) -90.00 (-0.98%)
• Pearson (PSON) -9.50 (-0.94%)
• International Airlines (IAG) -1.65 (-0.90%)
• Smith & Nephew (SN.) -7.50 (-0.74%)