Thursday, March 23, 2023
HomeMarketU.K. stocks drop for first time in four days

U.K. stocks drop for first time in four days

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U.K. stocks finished lower Friday, with the FTSE 100 Index
UKX,
-0.10%
falling 0.10% at 8,004.36.

Among FTSE 100 constituents, banking company NatWest Group PLC
NWG,
-6.71%
saw the largest decline Friday, as shares shed 6.87%

Shares of major international banks firm Lloyds Banking Group PLC
LLOY,
-3.83%
and closed-end funds company Scottish Mortgage Investment Trust PLC
SMT,
-2.38%
shed 3.83% and 3.10%, respectively.

Dechra Pharmaceuticals PLC
DPH,
-2.61%,
a pharmaceuticals company, and real estate developers firm Rightmove PLC
RMCCV,
-0.59%
rounded out the top five largest decreases as their stocks dropped 2.61% and 2.14%, respectively.

SEGRO PLC
SGRO,
+4.00%,
an industrial/office reits company, saw the largest increase of the FTSE 100 constituents, as shares increased 3.59% on Friday.

Shares of tobacco firm Imperial Brands PLC
IMB,
+2.96%
and gambling industries company Flutter Entertainment PLC
FLTR,
+0.02%
increased 2.96% and 2.61%, respectively.

Coca-Cola HBC AG
CCH,
+2.08%,
a non-alcoholic beverages/drinks company, and multiutilities business National Grid PLC
NG,
-0.09%
rounded out the top five largest increases as their stocks climbed 2.08% and 2.05%, respectively.

The pound was up 0.24% against dollar
GBPUSD,
+0.30%
at $1.2017 and 0.16% against the euro
GBPEUR,
+0.18%
at €1.1252.

Brent crude
BRN00,
-2.88%
declined 2.5% to $82.98, and the yield on the 10-year gilt
TMBMKGB-10Y,
3.515%
increased 1.650 basis points to 3.516%.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Credit: marketwatch.com

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