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U.K. stocks drop for first time in four days


Published: Feb. 17, 2023 at 12:01 p.m. ET

U.K. stocks finished lower Friday, with the FTSE 100 Index FTSE 100 Index falling 0.10% at 8,004.36.

Among FTSE 100 constituents, banking company NatWest Group PLC NatWest Group PLC saw the largest decline Friday, as shares shed 6.87%

Shares of major international banks firm Lloyds Banking Group PLC Lloyds Banking Group PLC and closed-end…

U.K. stocks finished lower Friday, with the FTSE 100 Index

UKX

falling 0.10% at 8,004.36.

Among FTSE 100 constituents, banking company NatWest Group PLC

NWG

saw the largest decline Friday, as shares shed 6.87%

Shares of major international banks firm Lloyds Banking Group PLC

LLOY

and closed-end funds company Scottish Mortgage Investment Trust PLC

SMT

shed 3.83% and 3.10%, respectively.

Dechra Pharmaceuticals PLC

DPH

,
a pharmaceuticals company, and real estate developers firm Rightmove PLC

RMCCV

rounded out the top five largest decreases as their stocks dropped 2.61% and 2.14%, respectively.

SEGRO PLC

SGRO

,
an industrial/office reits company, saw the largest increase of the FTSE 100 constituents, as shares increased 3.59% on Friday.

Shares of tobacco firm Imperial Brands PLC

IMB

and gambling industries company Flutter Entertainment PLC

FLTR

increased 2.96% and 2.61%, respectively.

Coca-Cola HBC AG

CCH

,
a non-alcoholic beverages/drinks company, and multiutilities business National Grid PLC

NG

rounded out the top five largest increases as their stocks climbed 2.08% and 2.05%, respectively.

The pound was up 0.24% against dollar

GBPUSD

at $1.2017 and 0.16% against the euro

GBPEUR

at €1.1252.

Brent crude

BRN00

declined 2.5% to $82.98, and the yield on the 10-year gilt

TMBMKGB-10Y

increased 1.650 basis points to 3.516%.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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