FTSE 100 Commentary

Wed, 26th Jun 2024 10:00

At 10:00 AM, the FTSE 100 Index was up by 44.55 at 8292.34 points, a movement of 0.54%, showing a modest rise in the market.

ConvaTec (CTEC) was a much traded share, with roughly £450.0m (0.093%) worth of shares being bought and sold.

Overall, 88.00% of the companies in the FTSE 100 Index were up, and 12.00% were down; giving a positive outlook of the day so far.

Investors favourites include Fresnillo (FRES) which rose 2.50%, Glencore (GLEN) rising 1.97% and Rio Tinto (RIO) which increased 1.91%. The majority of rising shares came from the Retailers and Household Goods sector(s).

The biggest risers were as follows:

• Fresnillo (FRES) +14.00 (2.50%)
• Glencore (GLEN) +8.95 (1.97%)
• Rio Tinto (RIO) +100.00 (1.91%)
• Centrica (CNA) +2.45 (1.80%)
• Smith & Nephew (SN.) +17.20 (1.76%)
• Spirax-Sarco (SPX) +150.00 (1.75%)
• Diploma (DPLM) +66.00 (1.61%)
• ConvaTec (CTEC) +3.40 (1.47%)
• Burberry (BRBY) +14.20 (1.46%)

The shares that went down included Phoenix Group Holdings (PHNX) which fell -1.23%, Smurfit Kappa (SKG) losing -0.66% and easyJet (EZJ) which dropped -0.63%. Most of these dropping shares came from the Travel, Industrials and Telecommunications sector(s).

The lowest fallers were as follows:

• Phoenix Group Holdings (PHNX) -6.50 (-1.23%)
• Smurfit Kappa (SKG) -24.00 (-0.66%)
• easyJet (EZJ) -2.90 (-0.63%)
• Mondi (MNDI) -6.50 (-0.43%)
• Smith (DS) (SMDS) -1.20 (-0.32%)
• Admiral (ADM) -8.00 (-0.30%)
• London Stock Exchange (LSEG) -28.00 (-0.29%)
• International Airlines (IAG) -0.35 (-0.21%)
• Imperial Brands (IMB) -3.00 (-0.15%)