Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Indexes
  3. United Kingdom
  4. Great Britain
  5. FTSE 100
  6. News
  7. Summary
    UKX   GB0001383545

FTSE 100

SummaryMost relevantAll NewsOther languagesNews of the index componentsMarketScreener Strategies

FTSE 100 flat as stronger pound, healthcare stocks weigh; Ryanair gains

07/26/2021 | 12:07pm EDT
FILE PHOTO: Pedestrians leave and enter the London Stock Exchange in London

(Reuters) - London's FTSE 100 index ended flat on Monday as weakness in healthcare stocks and a stronger pound offset gains in commodity-linked shares, while Ryanair climbed on strong summer bookings.

The benchmark FTSE 100 ended flat, with healthcare and consumer staple stocks down 1.9% and 1.8% respectively.

Dollar-earning consumer staples stocks, including Unilever, Reckitt Benckiser Group, and Diageo Plc fell between 0.6% and 2.6% due to the stronger pound and were among the top drags on the index.

"We're probably going to see a choppy market as we get through the week. The big question mark here is the Fed meetings as we could see Treasury yields really swing off on that. There's a potential that we could have a hawkish surprise and that could disrupt the risk appetite a little," said Edward Moya, senior market analyst at OANDA.

The FTSE 100 has traded in a tight range since April, on concerns around higher local COVID-19 infections and a potential pullback of pandemic relief measures by the central bank, while receiving some support from positive corporate earnings.

Providing some relief, however, government figures showed Britain's coronavirus cases had fallen to the lowest daily total since July 4.

The domestically focussed mid-cap index added 0.2%.

London-listed shares of Ryanair jumped 4% after it nudged up its forecast for full-year traffic on strong summer bookings.

"This demonstrates how resilient demand for foreign holidays remains, particularly among the fully vaccinated cohort which now have a little more freedom to travel," said Danni Hewson, financial analyst at AJ Bell.

Miners Antofagasta, Rio Tinto and Anglo American, meanwhile, were among the top gainers on strong base metal prices.

Meanwhile, the energy sector gained 2.67%, with Royal Dutch Shell up 2.5% after the oil major announced plans to develop a new oilfield in the Gulf of Mexico, its first major project to get the go-ahead since a Dutch court ordered it to accelerate carbon emissions reduction targets.

Personal Goods subindex underperforms FTSE 100 since March

(Reporting by Shashank Nayar and Amal S in Bengaluru Editing by Uttaresh.V and Mark Potter)

By Amal S

ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ANTOFAGASTA PLC -0.14% 1437.5 Delayed Quote.-0.21%
AVIVA PLC -0.74% 400 Delayed Quote.23.00%
DIAGEO PLC -0.61% 3484 Delayed Quote.21.06%
FTSE 100 -0.38% 7051.48 Delayed Quote.9.56%
NATIONAL GRID PLC -1.66% 919.4 Delayed Quote.6.29%
RECKITT BENCKISER GROUP PLC 0.39% 5853 Delayed Quote.-10.53%
RIO TINTO PLC -0.57% 4830.5 Delayed Quote.-11.69%
RYANAIR HOLDINGS PLC 2.20% 16.955 Real-time Quote.2.06%
UNILEVER PLC -0.03% 3990 Delayed Quote.-9.15%
All news about FTSE 100
01:01pEuropean Stocks End Lower Ahead of German Elections
12:49pFTSE 100 Index Ends the Week 1.26% Higher at 7051.48 -- Data Talk
11:43aLONDON STOCK EXCHANGE : FTSE 100 slips as slowdown worries, inflation fears persist
09:26aUpdate on European Fixed Income Update
09:21aWall Street Tumbles Pre-Bell, Evergrande Risks Resurface
08:01aSTOXX EUROPE 600 : European Bourses Lower Midday as Traders Weigh Red Futures Market on Wa..
07:14aS&P/TSX COMPOSITE INDEX : BMO Markets Wrap
05:46aLondon Stocks Fall as Investors Turn Cautious; Oil Stocks Rise
04:31aFTSE 100 slips as slowdown worries, inflation fears persist
03:42aUK's Landsec sells two retail parks as it restructures business
More news
News of the index components FTSE 100
05:06pBP : Britain looking at temporary measures to alleviate trucker shortage
04:12pENTAIN : Foundation Backs American Gaming Association Responsible Gaming Initiative
02:12pGLAXOSMITHKLINE ( '') (FORM 6 K : GlaxoSmithKline plc (the 'Company') (Form 6-K)
01:32pHSBC : Notification of Transactions by Persons Discharging Managerial Responsibilities (Fo..
12:57pEnergy Stocks Climb Higher in Afternoon Trading
12:32pSMITH & NEPHEW : Commission pursuant to Rule 12g3-2 (b) under the Securities Exchange Act ..
11:15aWPP : Agrees to $19 Million Settlement of SEC Probe
More news
Chart FTSE 100
Duration : Period :
FTSE 100 Technical Analysis Chart | UKX | GB0001383545 | MarketScreener
Technical analysis trends FTSE 100
Short TermMid-TermLong Term
Heatmap :