FTSE 100 Commentary

Fri, 10th May 2024 15:00

At 15:00 PM, the FTSE 100 Index was up by 53.75 at 8435.1 points, a movement of 0.64%, showing a modest rise in the market.

Intertek Group (ITRK) was a much traded share, with roughly £2,661.4m (0.329%) worth of shares being bought and sold.

Overall, 77.00% of the companies in the FTSE 100 Index were up, and 23.00% were down; giving a positive view of the day so far.

Shares that are having a good day included Glencore (GLEN) which rose 2.66%, Standard Chartered (STAN) rising 2.57% and Spirax-Sarco (SPX) which increased 2.53%. Most of the winning shares came from the Retailers and Banking sector(s).

The biggest risers were as follows:

• Glencore (GLEN) +12.35 (2.66%)
• Standard Chartered (STAN) +19.40 (2.57%)
• Spirax-Sarco (SPX) +230.00 (2.53%)
• St James's Place (STJ) +10.60 (2.26%)
• Berkeley Group (BKG) +115.00 (2.23%)
• Persimmon (PSN) +31.00 (2.20%)
• Burberry (BRBY) +23.00 (1.98%)
• F&C Investment Trust (FCIT) +20.00 (1.94%)
• InterContinental Hotels (IHG) +146.00 (1.87%)

The shares that went down included Rightmove (RMV) which fell -5.17%, Rolls-Royce (RR.) losing -0.92% and Land Securities (LAND) which dropped -0.81%. Most of these dropping shares came from the undefined, Real Estate Trusts and Gas and Water sector(s).

The lowest fallers were as follows:

• Rightmove (RMV) -29.60 (-5.17%)
• Rolls-Royce (RR.) -4.00 (-0.92%)
• Land Securities (LAND) -5.50 (-0.81%)
• Severn Trent (SVT) -20.00 (-0.77%)
• Sage Group (SGE) -8.50 (-0.70%)
• Mondi (MNDI) -10.50 (-0.66%)
• Unite (UTG) -6.00 (-0.61%)
• Intertek Group (ITRK) -30.00 (-0.59%)
• United Utilities (UU.) -6.00 (-0.54%)