FTSE Close: Blue-chip index dips ahead of busy week, gold miners shine
London stocks closed lower on Monday, with the FTSE 100 down 0.5%, as investors awaited a crucial week of economic data and policy announcements.
While most sectors saw subdued trading, gold miners emerged as bright spots, buoyed by rising gold prices. Fresnillo and Endeavour surged over 2%, while Hochschild Mining jumped 4.5% in the FTSE 250.
Elsewhere, Clarkson, the shipping services provider, rose 3.1% after reporting record profits for 2023. In contrast, Anglo American and Burberry saw losses, falling 3.3% and 2.4% respectively.
PensionBee, the online pension provider, soared 6.7% after announcing a potential expansion into the vast US market.
Daily Risers and Fallers
The FTSE 100 index fell 0.5%, at 7,640.33. The FTSE 250 closed down 0.5%, at 19,249.08, and the AIM All-Share closed down 0.5%, at 737.69.
FTSE All-Share risers: Pensionbee 6.67%, Hochschild 5.26%, Cab Payments 5.19%, Tt Electronics 4.88%, Lsl Prop 4.31%, Manchester&lon. 4.05%, Gym Grp 4.02%, Treatt 3.96%, Inter. Pers. 3.64%, Endeavour Mining 3.32%.
FTSE All-Share fallers: Regional Reit -8.33%, Hipgnosis Song. -8.24%, Entain -7.85%, Petrofac -7.16%, Aston Martin Lagonda -6.62%, Ocado -6.51%, Genus -5.92%, Enquest -5.54%, Chrysalis Inves -5.52%, ITV -5.35%.
