FTSE 100 Commentary

Tue, 16th Apr 2024 14:00

At 14:00 PM, the FTSE 100 Index was down by -111.56 at 7853.97 points, a movement of -1.4%, showing a worrying fall in the market.

Mondi (MNDI) was a well traded share, with approximately £2,335.1m (0.349%) worth of shares changing hands.

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 2.31%, Centrica (CNA) rising 1.72% and Severn Trent (SVT) which increased 1.43%. Most of the winning shares came from the Gas and Water, Industrial Chemicals and Electricity Generation and Distribution sector(s).

The biggest risers were as follows:

• Croda International (CRDA) +110.00 (2.31%)
• Centrica (CNA) +2.25 (1.72%)
• Severn Trent (SVT) +34.00 (1.43%)
• United Utilities (UU.) +8.50 (0.84%)
• SSE (SSE) +8.50 (0.52%)
• Smith & Nephew (SN.) +4.80 (0.50%)
• Flutter Entertainment (FLTR) +20.00 (0.13%)

The shares that went down included Pershing Square Holdings (PSH) which fell -3.60%, Phoenix Group Holdings (PHNX) losing -3.36% and Scottish Mortgage (SMT) which dropped -3.32%. Most of these dropping shares came from the undefined, Retailers and Personal Care sector(s).

The lowest fallers were as follows:

• Pershing Square Holdings (PSH) -144.00 (-3.60%)
• Phoenix Group Holdings (PHNX) -17.10 (-3.36%)
• Scottish Mortgage (SMT) -28.80 (-3.32%)
• Anglo American (AAL) -70.00 (-3.23%)
• IMI (IMI) -58.00 (-3.22%)
• Auto Trader (AUTO) -21.60 (-3.12%)
• Glencore (GLEN) -14.25 (-2.96%)
• Antofagasta (ANTO) -58.00 (-2.55%)
• Rio Tinto (RIO) -135.00 (-2.50%)