The FTSE 100 fell about 0.4% to finish at 7,660 on Friday, halting three consecutive days of gains. Top losers included Entain (-5.4%), Melrose (-2.5%) and Rentokil (-2.4%), after releasing trading updates on Thursday. Meanwhile, DS Smith shares shot up by 5.2% while Mondi slipped 2.3%, as both companies have reached an agreement in principle on the key financial terms for a potential all-share merger that would create a leading European player in sustainable packaging. Elsewhere, the latest US non-farm payroll figures for February pointed to job growth amid cooling inflation, which reinforced hopes of "soft-landing". The FTSE 100 booked a 0.3% loss this week.
The main stock market index in the United Kingdom (GB100) decreased 74 points or 0.95% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from United Kingdom. Historically, the United Kingdom Stock Market Index (GB100) reached an all time high of 8047.06 in February of 2023. United Kingdom Stock Market Index (GB100) - data, forecasts, historical chart - was last updated on March 9 of 2024.
The main stock market index in the United Kingdom (GB100) decreased 74 points or 0.95% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from United Kingdom. The United Kingdom Stock Market Index (GB100) is expected to trade at 7640.41 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 7492.76 in 12 months time.