Evraz PLC, a British multinational steel manufacturing and mining company partially owned by the Russian oligarchy, posted the heaviest losses….
London (Rifyu.com) – British stocks ended in negative territory on Thursday trading local time (25/5/2023), posting losses for the third day in a row, with the London Stock Exchange’s benchmark FTSE 100 index shedding 0.74 percent, or 56.23 points, settling at 7,570.87 points.
The FTSE 100 Index decreased 1.75 percent or 135.85 points to 7,627.10 points on Wednesday (24/5/2023), after shrinking 0.10 percent or 8.04 points to 7,762.95 points on Tuesday (23/5/2023) ), and rose 0.18 percent or 14.12 points to 7,770.99 points on Monday (22/5/2023).
Evraz PLC, a British multinational steel manufacturing and mining company partially owned by the Russian oligarchy, posted the heaviest losses (top loser) among the leading stocks or blue chipswith its share price tumbling 12.59 percent.
Followed by shares of British multinational tobacco company and the world’s fourth-largest international tobacco company Imperial Brands PLC, which slumped 3.01 percent; and British multinational telecommunications company that operates services in Asia, Africa, Europe and Oceania, Vodafone Group PLC fell 2.79 percent.
Also read: British stocks opened falling on fears of a BoE rate hike
Meanwhile, Dechra Pharmaceuticals PLC, an international pharmaceutical industry company that focuses on the animal market, rose 2.64 percent, becoming the highest profit maker. (top gainer) of the leading stocks.
Followed by shares of the American hedge fund management company founded and run by Bill Ackman, Pershing Square Holdings Ltd. increased 2.53 percent, and a company that provides online gambling services Flutter Entertainment Public Limited Company gained 2.02 percent.
Translator: Apep Suhendar
Editor: Nusarina Yuliastuti
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