logo

FX.co ★ FTSE 100 Holds Steady; Mining And Energy Stocks Gain

FTSE 100 Holds Steady; Mining And Energy Stocks Gain

On Monday, U.K. stocks experienced a modest rise, bolstered by the uptick in commodity prices that positively affected the mining and energy sectors. Despite the British pound weakening against a stronger dollar, it remained above the $1.30 threshold.

The FTSE 100 index saw a slight increase, trading at 8,364, recovering from a 0.3 percent dip recorded on Friday.

In the mining sector, companies such as Anglo American, Antofagasta, and Glencore experienced gains ranging from 0.5 percent to 1.2 percent. Meanwhile, energy heavyweight BP Plc saw its shares climb by nearly 2 percent, with its counterpart Shell adding 1.1 percent to its value.

Transportation firm FirstGroup advanced by 1.3 percent following its official announcement regarding the acquisition of the coach company Anderson Travel.

In leisure, Hollywood Bowl surged by 2.5 percent. The ten-pin bowling operator announced its anticipation of exceeding the market's projections for adjusted earnings in the fiscal year 2024.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Open trading account