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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 1.46%

Published 05/11/2016, 04:15 am
© Reuters.  U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 1.46%
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Investing.com – U.K. equities were lower at the close on Friday, as losses in the Food Producers, Life Insurance/Assurance and Food & Drug Retailers sectors propelled shares lower.

At the close in London, the Investing.com United Kingdom 100 lost 1.46% to hit a new 1-month low.

The biggest gainers of the session on the Investing.com United Kingdom 100 were Paddy Power Betfair PLC (LON:PPB), which rose 4.14% or 355.000 points to trade at 8935.000 at the close. BAE Systems PLC (LON:BAES) added 0.84% or 4.500 points to end at 539.000 and Rolls-Royce Holdings PLC (LON:RR) was up 0.71% or 5.00 points to 712.50 in late trade.

Biggest losers included Hikma Pharmaceuticals PLC (LON:HIK), which lost 6.82% or 119.00 points to trade at 1626.00 in late trade. Dixons Carphone PLC (LON:DC) declined 5.21% or 17.80 points to end at 323.70 and Persimmon PLC (LON:PSN) shed 4.61% or 81.00 points to 1677.00.

Declining stocks outnumbered rising ones by 1896 to 413 and 414 ended unchanged on the London Stock Exchange.

In commodities trading, Gold for December delivery was up 0.12% or 1.55 to $1304.85 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.52% or 0.68 to hit $43.98 a barrel, while the January Brent oil contract fell 1.88% or 0.87 to trade at $45.48 a barrel.

GBP/USD was up 0.47% to 1.2521, while EUR/GBP fell 0.34% to 0.8880.

The US Dollar Index was down 0.13% at 97.06.

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