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U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.40%

Published 01/18/2017, 12:15 PM
Updated 01/18/2017, 12:15 PM
© Reuters.  U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.40%

© Reuters. U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.40%

Investing.com – U.K. stocks were higher after the close on Wednesday, as gains in the Industrial Metals & Mining, Mining and Forestry & Paper sectors led shares higher.

At the close in London, the Investing.com United Kingdom 100 gained 0.40%.

The best performers of the session on the Investing.com United Kingdom 100 were Antofagasta PLC (LON:ANTO), which rose 3.61% or 26.00 points to trade at 747.00 at the close. Meanwhile, Burberry Group PLC (LON:BRBY) added 3.20% or 51.000 points to end at 1644.000 and Rio Tinto PLC (LON:RIO) was up 2.52% or 86.000 points to 3496.500 in late trade.

The worst performers of the session were Pearson PLC (LON:PSON), which fell 28.90% or 233.50 points to trade at 598.70 at the close. Capita PLC (LON:CPI) declined 2.51% or 13.00 points to end at 504.50 and Experian PLC (LON:EXPN) was down 1.90% or 30.00 points to 1547.12.

Rising stocks outnumbered declining ones on the London Stock Exchange by 964 to 944 and 413 ended unchanged.

Shares in Pearson PLC (LON:PSON) fell to 5-year lows; falling 28.90% or 233.50 to 598.70. Shares in Burberry Group PLC (LON:BRBY) rose to 52-week highs; up 3.20% or 51.000 to 1644.000. Shares in Rio Tinto PLC (LON:RIO) rose to 52-week highs; rising 2.52% or 86.000 to 3496.500.

Gold for February delivery was up 0.05% or 0.65 to $1213.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.24% or 0.65 to hit $51.83 a barrel, while the March Brent oil contract fell 1.21% or 0.67 to trade at $54.80 a barrel.

GBP/USD was down 0.84% to 1.2306, while EUR/GBP rose 0.58% to 0.8679.

The US Dollar Index was up 0.48% at 100.74.

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