FTSE 100 Commentary

Thu, 9th May 2024 16:00

At 16:00 PM, the FTSE 100 Index was up by 39.77 at 8393.82 points, a movement of 0.48%, showing a slight rise in the market.

Marks & Spencer (MKS) was a much traded share, with roughly £1,842.9m (0.336%) worth of shares being bought and sold.

Overall, 79.00% of the companies in the FTSE 100 Index were up, and 20.00% were down; giving a positive summary of the day so far.

Shares that are having a good day included Anglo American (AAL) which rose 3.30%, Prudential (PRU) rising 2.37% and Phoenix Group Holdings (PHNX) which increased 2.16%. Most of the winning shares came from the Retailers , Personal Care sector(s).

The biggest risers were as follows:

• Anglo American (AAL) +87.50 (3.30%)
• Prudential (PRU) +18.40 (2.37%)
• Phoenix Group Holdings (PHNX) +11.00 (2.16%)
• Taylor Wimpey (TW.) +2.75 (1.95%)
• Rightmove (RMV) +10.40 (1.85%)
• JD Sports (JD.) +2.15 (1.84%)
• St James's Place (STJ) +7.40 (1.59%)
• Centrica (CNA) +2.05 (1.53%)
• United Utilities (UU.) +16.50 (1.52%)

The shares that went down included 3i Group (III) which fell -4.17%, HSBC Holdings (HSBA) losing -3.75% and InterContinental Hotels (IHG) which dropped -1.42%. Most of these dropping shares came from the Travel, Brokerage Services and Media sector(s).

The lowest fallers were as follows:

• 3i Group (III) -124.00 (-4.17%)
• HSBC Holdings (HSBA) -27.00 (-3.75%)
• InterContinental Hotels (IHG) -112.00 (-1.42%)
• Melrose (MRO) -6.80 (-1.12%)
• Pearson (PSON) -11.00 (-1.08%)
• International Airlines (IAG) -1.75 (-0.95%)
• Admiral (ADM) -24.00 (-0.87%)
• Halma (HLMA) -19.00 (-0.82%)
• Pershing Square Holdings (PSH) -28.00 (-0.67%)