3 months ago
Stock Market

U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 1.49%

Investing.com – U.K. stocks were lower after the close on Wednesday, as losses in the Oil Equipment Services&Distribution, Construction&Materials and

Investing.com – U.K. stocks were lower after the close on Wednesday, as losses in the Oil Equipment Services&Distribution, Construction&Materials and Aerospace&Defense sectors led shares lower.

At the close in London, the Investing.com United Kingdom 100 declined 1.49% to hit a new 1-month low.

The best performers of the session on the Investing.com United Kingdom 100 were Persimmon PLC (LON:PSN), which rose 7.05% or 131.50 points to trade at 1995.50 at the close. Meanwhile, The Berkeley Group Holdings plc (LON:BKGH) added 5.97% or 193.00 points to end at 3423.00 and Barratt Developments PLC (LON:BDEV) was up 5.10% or 23.00 points to 473.80 in late trade.

The worst performers of the session were Old Mutual Ltd (LON:OMU), which fell 5.91% or 7.92 points to trade at 126.20 at the close. Ashtead Group PLC (LON:AHT) declined 5.83% or 103.50 points to end at 1672.50 and Hargreaves Lansdown PLC (LON:HRGV) was down 4.45% or 88.00 points to 1891.00.

Falling stocks outnumbered advancing ones on the London Stock Exchange by 1471 to 622 and 269 ended unchanged.

Shares in Ashtead Group PLC (LON:AHT) fell to 52-week lows; falling 5.83% or 103.50 to 1672.50.

Gold Futures for February delivery was down 0.29% or 3.60 to $1243.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.24% or 0.13 to hit $53.38 a barrel, while the February Brent oil contract rose 0.24% or 0.15 to trade at $62.23 a barrel.

GBP/USD was up 0.20% to 1.2742, while EUR/GBP fell 0.10% to 0.8908.

The US Dollar Index Futures was up 0.05% at 96.955.