The FTSE 100 Index UKX closed lower on Monday, slipping by 0.37% to settle at 7,374.83 points. The decline was led by precious metals company Fresnillo PLC (LSE:LON:FRES), which saw a significant drop of 4.68%. Other notable losers included biotechnology firm AstraZeneca PLC (LSE:NASDAQ:AZN), wired telecommunications services provider BT Group PLC (LSE:LON:BT.A), oil & natural gas company BP (LON:BP) PLC (LSE:NYSE:BP), and non-ferrous metals firm Antofagasta PLC (LSE:LON:ANTO), all registering losses between 2.04% and 3.16%.
On the other side of the spectrum, gambling firm Flutter Entertainment PLC (LSE:FLTR) led the gainers with a rise of 4.06%. Food retail firm Ocado Group PLC (LSE:LON:OCDO), passenger airlines company International Consolidated Airlines Group (LON:ICAG) S.A., abrdn PLC (LSE:ABDN), and Informa PLC (LSE:INF) also made notable gains, with increases ranging from 2.30% to 3.84%.
In currency markets, the pound showed strength against both the dollar and euro, appreciating by 0.54% and 0.06% respectively. In commodities, Brent crude prices experienced a dip of 1.4%. Meanwhile, the yield on the 10-year gilt declined to 4.599%.
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