The U.K. stock market experienced gains on Thursday, with the FTSE 100 Index increasing by 0.76% to reach a level of 7,646.05.
Top Performers
Among the constituents of the FTSE 100, several companies stood out with significant increases in their stock prices:
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Hikma Pharmaceuticals PLC (HIK) – Shares rallied by 5.71%.
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Glencore PLC (GLEN) – General mining firm saw a rise of 4.20% in their stock price.
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Anglo American PLC (AAL) – General mining company witnessed a positive increase of 3.34%.
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M&G PLC (MNG) – Investment advisors company experienced a stock rally of 2.78%.
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Antofagasta PLC (ANTO) – Non-ferrous metals firm saw a rise of 2.66% in their stock price.
Major Declines
However, not all companies saw positive movements in their stock prices. The following firms experienced significant declines:
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Scottish Mortgage Investment Trust PLC (SMT) – Shares declined by 2.16%.
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Rightmove PLC (RMV) – Stock prices of the real estate developers firm dropped by 2.11%.
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Entain PLC (ENT) – Gambling industries company witnessed a decline of 1.91% in their stock price.
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Flutter Entertainment PLC (FLTR) – Stock prices of the gambling industries company fell by 1.75%.
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Polymetal International PLC (POLY) – General mining firm experienced a decline of 1.60% in their stock price.
Currency and Commodity Updates
In terms of currency, the pound showed a decrease of 0.73% against the dollar at $1.2846 and a slight decline of 0.13% against the euro at €1.1536.
Additionally, Brent crude declined by 0.6% to reach a price of $79.00, while the yield on the 10-year gilt rose 6.100 basis points to 4.273%.
Conclusion: