U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 1.73%

U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 1.73%

May 07, 2019

U.K. stocks were lower after the close on Tuesday, as losses in the Oil Equipment Services&Distribution, Forestry&Paper and Construction&Materials sectors led shares lower.

At the close in London, the United Kingdom 100 declined 1.73% to hit a new 1-month low.

The best performers of the session on the United Kingdom 100 were Hikma Pharmaceuticals PLC (LON:HIK), which rose 1.02% or 18.00 points to trade at 1777.50 at the close. Meanwhile, SSE PLC (LON:SSE) added 0.96% or 11.00 points to end at 1156.00 and Smith&Nephew PLC (LON:SN) was up 0.83% or 13.00 points to 1582.00 in late trade.

The worst performers of the session were Mondi PLC (LON:MNDI), which fell 3.89% or 66.50 points to trade at 1641.50 at the close. Royal Dutch Shell PLC B (LON:RDSb) declined 3.88% or 96.00 points to end at 2376.50 and Burberry Group PLC (LON:BRBY) was down 3.75% or 75.00 points to 1925.00.

Falling stocks outnumbered advancing ones on the London Stock Exchange by 1498 to 630 and 305 ended unchanged.

Shares in Smith&Nephew PLC (LON:SN) rose to all time highs; rising 0.83% or 13.00 to 1582.00.

Gold Futures for June delivery was up 0.18% or 2.25 to $1286.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.35% or 0.84 to hit $61.41 a barrel, while the July Brent oil contract fell 1.50% or 1.07 to trade at $70.17 a barrel.

GBP/USD was down 0.26% to 1.3060, while EUR/GBP rose 0.09% to 0.8556.

The US Dollar Index Futures was up 0.18% at 97.442.

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