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U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.54%

by December 6, 2024
written by December 6, 2024

Investing.com – U.K. stocks were lower after the close on Friday, as losses in the Fixed Line Telecommunications, Gas, Water & Multiutilities and Mining sectors led shares lower.

At the close in London, the Investing.com United Kingdom 100 lost 0.54%.

The best performers of the session on the Investing.com United Kingdom 100 were B&M European Value Retail SA (LON:BMEB), which rose 2.67% or 9.40 points to trade at 361.50 at the close. Meanwhile, JD Sports Fashion PLC (LON:JD) added 2.20% or 2.25 points to end at 104.65 and Rentokil Initial PLC (LON:RTO) was up 1.74% or 7.00 points to 408.70 in late trade.

The worst performers of the session were Frasers Group PLC (LON:FRAS), which fell 3.63% or 24.00 points to trade at 638.00 at the close. United Utilities Group PLC (LON:UU) declined 3.41% or 38.50 points to end at 1,090.50 and Severn Trent PLC (LON:SVT) was down 3.14% or 86.00 points to 2,656.00.

Rising stocks outnumbered declining ones on the London Stock Exchange by 988 to 779 and 667 ended unchanged.

Shares in Frasers Group PLC (LON:FRAS) fell to 52-week lows; falling 3.63% or 24.00 to 638.00.

Gold Futures for February delivery was up 0.49% or 12.89 to $2,661.29 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.26% or 0.86 to hit $67.44 a barrel, while the February Brent oil contract fell 1.08% or 0.78 to trade at $71.31 a barrel.

GBP/USD was unchanged 0.17% to 1.27, while EUR/GBP unchanged 0.08% to 0.83.

The US Dollar Index Futures was up 0.28% at 106.00.

This post appeared first on investing.com
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