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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 1.76%

Published 16/10/2020, 04:15 am
© Reuters.  U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 1.76%
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Investing.com – U.K. equities were lower at the close on Thursday, as losses in the Forestry & Paper, Oil & Gas Producers and Oil Equipment Services & Distribution sectors propelled shares lower.

At the close in London, the Investing.com United Kingdom 100 lost 1.76%.

The biggest gainers of the session on the Investing.com United Kingdom 100 were Rolls-Royce Holdings PLC (LON:RR), which rose 8.39% or 15.10 points to trade at 195.10 at the close. Standard Chartered PLC (LON:STAN) added 1.61% or 5.70 points to end at 360.50 and HSBC Holdings PLC (LON:HSBA) was up 0.89% or 2.65 points to 299.25 in late trade.

Biggest losers included Mondi PLC (LON:MNDI), which lost 4.59% or 76.50 points to trade at 1591.00 in late trade. Burberry Group PLC (LON:BRBY) declined 4.31% or 67.0 points to end at 1487.5 and Royal Dutch Shell PLC Class A (LON:RDSa) shed 3.81% or 37.75 points to 953.00.

Declining stocks outnumbered rising ones by 1635 to 572 and 163 ended unchanged on the London Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.01% or 0.15 to $1907.45 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.78% or 0.32 to hit $40.72 a barrel, while the December Brent oil contract fell 0.81% or 0.35 to trade at $42.97 a barrel.

GBP/USD was down 0.72% to 1.2917, while EUR/GBP rose 0.39% to 0.9061.

The US Dollar Index Futures was up 0.46% at 93.797.

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