Oil and mining stocks put the breaks on FTSE’s rise - News Summed Up

Oil and mining stocks put the breaks on FTSE’s rise


Oil prices dipped towards the 100 dollar per barrel line on Monday. (Peter Byrne/PA)Falling prices of natural resources ate into the performance of the FTSE 100, dampening in London what was a better day on other European markets. The FTSE 100 is heavily reliant on companies that dig things out of the ground. The biggest risers on the FTSE 100 were DS Smith, up 18.2p to 325.2p, Ferguson, up 645p to 11,670p, Persimmon, up 120p to 2,292p, Barclays, up 8.9p to 170p, and Smurfit Kappa, up 170p to 336.6p. The biggest fallers on the FTSE 100 were Glencore, down 30p to 481.55p, Anglo American, down 202p to 3,698.5p, Rio Tinto, down 265p to 5,299p, Flutter Entertainment, down 224p to 8,726p, and Prudential, down 24p to 1,044p.


Source: Irish Independent March 14, 2022 19:54 UTC



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