The U.K. stock market closed on a positive note on Monday, with the FTSE 100 Index UKX growing by 0.50% to reach a level of 7,614.48.
Top Performers
Among the constituents of the FTSE 100, Entain PLC saw the largest increase in value, with shares rising by 4.11%. This gambling industries company enjoyed a successful day in the market.
Vodafone Group PLC and Intermediate Capital Group PLC also performed well, with their shares increasing by 3.88% and 2.02% respectively. Vodafone is a wireless telecommunications services firm, while Intermediate Capital Group operates as an investment advisors company.
AstraZeneca PLC and GSK PLC rounded out the top five gainers, seeing increases of 1.67% and 1.65% respectively. AstraZeneca is a biotechnology company, and GSK operates in the pharmaceuticals sector.
Major Decliners
On the other hand, Fresnillo PLC experienced the largest decrease among FTSE 100 constituents, with shares shedding 5.23% during Monday's trading session. Fresnillo specializes in precious metals.
Shares of residential building construction firms Berkeley Group Holdings PLC and Barratt Developments PLC also saw a decline, shedding 3.37% and 2.54% respectively.
RS Group PLC and Kingfisher PLC completed the list of major decliners, experiencing decreases of 2.20% and 2.13% respectively. RS Group is a wholesalers company, while Kingfisher operates in the home goods retail business.
Currency and Commodity Updates
The pound weakened against both the dollar and the euro on Monday, with a decrease of 0.41% ($1.2631) and 0.59% (€1.1568) respectively.
Brent crude experienced a significant increase of 2.4%, reaching a price of $78.37 per barrel.
The yield on the 10-year gilt rose by 0.800 basis points to reach 3.697%.
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