Get 40% Off
🚀 Our AI Picked 6 Stocks that Jumped +25% in Q1. Which Picks Will Soar in Q2?Unlock full list

FTSE 100 climbs led by DCC, Vodafone lags behind

Published 2023-11-14, 12:56 p/m
Updated 2023-11-14, 12:56 p/m
© Reuters.

The FTSE 100 Index experienced a notable rise Today, reaching 7,440.47 points, propelled by a sharp increase in DCC's shares, which soared by 12.47%. The upward movement was supported by significant gains in several other companies, including Ocado (LON:OCDO) Group, British Land Co., Land Securities Group (OTC:LDSCY), and SEGRO.

In contrast to the overall positive trend, Vodafone Group (LON:VOD) faced a setback as its stock value declined by 5.54%. Other companies that saw their shares fall included BAE Systems (LON:BAES), BT Group (LON:BT), M&G, and RELX.

The commodity markets also reflected changes with Brent Crude oil prices climbing to $83.39 per barrel. In the currency markets, the British Pound Sterling showed strength against major counterparts; it appreciated against the US Dollar to $1.2484 and saw a slight increase versus the Euro to €1.1494.

The fixed income market witnessed a decrease in yields; the yield on the UK government's 10-year gilt dropped significantly by 16.170 basis points to settle at 4.157%.

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.