Get 40% Off
🚨 Markets Are Down. Unlock Undervalued StocksFind Stocks Now

FTSE 100 index dips, Anglo American PLC leads decline

Published 07/11/2023, 22:10
Updated 07/11/2023, 22:10
© Reuters.

In Tuesday's trading, the FTSE 100 Index experienced a slight dip of 0.10% to close at 7,410.04 points. Mining company Anglo American (JO:AGLJ) PLC led the downturn among constituents, recording a fall of 3.54%. Other significant decliners included Antofagasta (LON:ANTO) PLC, Glencore (OTC:GLNCY) PLC, BP (NYSE:BP) PLC, and Hikma Pharmaceuticals (OTC:HKMPY).

In contrast, Associated British Foods (OTC:ASBFY) PLC led the gainers with a rise of 6.84%. This was followed by Persimmon (LON:PSN) PLC, Ocado (LON:OCDO) Group PLC, NatWest Group PLC, and Barratt Developments (LON:BDEV) PLC who all recorded stock increases.

The pound depreciated against both the dollar and the euro on Tuesday. In addition to this, Brent crude oil prices experienced a drop of 3.0%. The yield on the 10-year gilt also declined on the same day.

This recent market activity is based on data provided by Dow Jones and FactSet.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.