UK stocks enjoyed a positive session on Monday, with gains in the Mining, Industrial Metals & Mining, and Household Goods & Home Construction sectors driving the market higher. At the close of trading in London, the Investing.com United Kingdom 100 index climbed 0.59%, reaching a new one-month high.
Among the standout performers, Barratt Developments PLC saw a significant rise, closing 3.40% higher at 554.00 points. Glencore PLC also performed well, adding 2.81% to close at 415.20 points, while Fresnillo PLC gained 2.54%, ending the session at 545.50 points.
On the downside, Hikma Pharmaceuticals PLC was the worst performer of the day, dropping 1.55% to finish at 2,038.00 points. Spirax-Sarco Engineering PLC saw a decline of 0.99%, closing at 7,495.00 points, marking a three-year low. Admiral Group PLC also slipped, decreasing by 0.91% to end at 2,933.00 points.
The broader market saw more stocks rising than falling, with 1,188 stocks advancing compared to 593 declines, and 699 remaining unchanged on the London Stock Exchange.
In the commodities market, December Gold Futures edged up by 0.24% to $2,543.95 per troy ounce. However, oil prices fell, with October Crude oil dropping 1.89% to $74.11 per barrel, and October Brent oil declining 1.91% to trade at $78.16 per barrel.
In currency markets, the GBP/USD exchange rate remained steady at 1.30, while the EUR/GBP was mostly unchanged at 0.85.
UK stocks demonstrated resilience with key sectors pushing the market to a one-month high, despite some declines in individual companies and commodities.
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