U.K. Stocks Surge Report

The U.K. stock market experienced a positive day, with the FTSE 100 Index closing up 0.29% at 7,684.49.

Top Gainers:

• Non-life insurance company Beazley PLC (BEZ) saw the largest increase, rallying 8.93%.
• Aerospace products/parts firm Rolls-Royce Holdings PLC (RR) and major international banks company Lloyds Banking Group PLC (LLOY) also performed well, with shares increasing by 8.29% and 6.16% respectively.
• Scottish Mortgage Investment Trust PLC (SMT), a closed-end funds company, and pharmaceuticals business Hikma Pharmaceuticals PLC (HIK) rounded out the top five largest increases, climbing 4.51% and 4.28% each.

Top Losers:

• WPP PLC (WPP), an advertising/marketing/public relations company, experienced the largest decrease among the FTSE 100 constituents, with shares dropping by 6.38%.
• Food retail firm Tesco PLC (TSCO) and gold company Endeavour Mining PLC (EDV) fell by 3.05% and 2.31%.
• J Sainsbury PLC (SBRY), a food retail company, and business SSE PLC (SSE) rounded out the top five largest decreases, with their stocks declining by 2.01% and 1.96%.

Currency and Commodity Update:

• The pound made gains, up 0.09% against the dollar at $1.2648 and against the euro at €1.1693.
• Brent crude climbed by 0.7% to $83.58.
• The yield on the 10-year gilt rose by 0.350 basis points to 4.114%.