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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 3.42%

Published 22/09/2020, 03:15 am
© Reuters.  U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 3.42%
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Investing.com – U.K. equities were lower at the close on Monday, as losses in the Oil Equipment Services & Distribution, Industrial Metals & Mining and Construction & Materials sectors propelled shares lower.

At the close in London, the Investing.com United Kingdom 100 fell 3.42% to hit a new 3-month low.

The biggest gainers of the session on the Investing.com United Kingdom 100 were Tesco PLC (LON:TSCO), which rose 2.69% or 5.90 points to trade at 225.50 at the close. J Sainsbury PLC (LON:SBRY) added 0.90% or 1.75 points to end at 196.75 and Ocado Group PLC (LON:OCDO) was down 0.50% or 14.00 points to 2803.00 in late trade.

Biggest losers included International Consolidated Airlines Group S.A. (LON:ICAG), which lost 12.08% or 13.35 points to trade at 97.20 in late trade. Rolls-Royce Holdings PLC (LON:RR) declined 10.80% or 19.45 points to end at 160.70 and Melrose Industries PLC (LON:MRON) shed 8.83% or 10.60 points to 109.40.

Declining stocks outnumbered rising ones by 1935 to 332 and 102 ended unchanged on the London Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 2.66% or 52.25 to $1909.85 a troy ounce. Meanwhile, Crude oil for delivery in November fell 5.03% or 2.08 to hit $39.24 a barrel, while the November Brent oil contract fell 4.24% or 1.83 to trade at $41.32 a barrel.

GBP/USD was down 0.99% to 1.2787, while EUR/GBP rose 0.10% to 0.9183.

The US Dollar Index Futures was up 0.87% at 93.760.

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