Please note that this website is not intended for EU residents. If you are located in the EU and wish to open an account with an EU investment firm and protected by EU laws, you will be redirected to Huaprime EU Ltd, a company licensed and regulated by the Cyprus Securities and Exchange Commission with licence no. 426/23.
Tags: British Pound Sterling, FTSE100, UK
On Monday, the FTSE 100 edged marginally higher, closing at 8,424.20 (+0.047%), remaining near the record peak set last week. The modest rise was partly due to advances in heavyweight mining shares, which countered declines in rate-sensitive equities. Fresnillo’s stock climbed 4%, topping the mining sector, as it benefited from a continued uptick in silver and gold prices. Industrial miners saw significant gains as well, with both Antofagasta and Glencore increasing by 1%, fueled by optimism that economic stimulus in China will boost demand for base and ferrous metals.
In contrast, industries sensitive to interest rates faced headwinds, as Gilt yields inched upwards, affecting shares of Burberry, the Ocado Group, and Entain, all of which closed with notable losses. Furthermore, EasyJet led the downward trend with a 3.3% fall in shares, influenced by the uncertain outlook for its sector, underscored by concerns mentioned in RyanAir’s earnings report.
Buoyed by robust stock market performance, the British pound climbed to a two-month peak, trading at $1.27 against a faltering US dollar.
(FTSE 100 Index Yearly Chart)
(GBPUSD Monthly Chart)
Disclaimer
Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.
Ultima Markets, dünya çapında yaygın emtialar için en rekabetçi maliyet ve değişim ortamını sağlar.
Ticarete BaşlaHareket halindeyken piyasayı izleme imkanı
Piyasalar arz ve talepteki değişimlere duyarlıdır
Sadece fiyat spekülasyonu ile ilgilenen yatırımcılar için çekici
Derin ve çeşitli likidite ile gizli ücretler yok
Dealing desk yok ve yeniden fiyatlandırma yok
Equinix NY4 sunucusu üzerinden hızlı yürütme