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U.K. Stock Market Overview

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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:

  1. Hikma Pharmaceuticals PLC (HIK) – Shares rallied by 5.71%.

  2. Glencore PLC (GLEN) – General mining firm saw a rise of 4.20% in their stock price.

  3. Anglo American PLC (AAL) – General mining company witnessed a positive increase of 3.34%.

  4. M&G PLC (MNG) – Investment advisors company experienced a stock rally of 2.78%.

  5. 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:

  1. Scottish Mortgage Investment Trust PLC (SMT) – Shares declined by 2.16%.

  2. Rightmove PLC (RMV) – Stock prices of the real estate developers firm dropped by 2.11%.

  3. Entain PLC (ENT) – Gambling industries company witnessed a decline of 1.91% in their stock price.

  4. Flutter Entertainment PLC (FLTR) – Stock prices of the gambling industries company fell by 1.75%.

  5. 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:

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