U.K. Stocks Reverse Two-Day Winning Streak

Stocks in the U.K. slipped Friday, as the FTSE 100 Index fell 0.5% to 8203.93.

Among large companies, Softcat PLC posted the largest decline, dropping 6.6%, followed by shares of Old Mutual Ltd., which dropped 5.5%. Shares of Carnival PLC fell 2.7%.

Savills PLC was the biggest gainer during the session, surging 7.5%, and Ocado Group PLC surged 7.4%. 4imprint Group PLC rounded out the top three movers on Friday, as shares surged 5.6%.

In other parts of Europe, the STOXX Europe 600 Index fell 0.2% from the previous close.

Against the dollar, the pound rose 0.3% to $1.28.

In the bond markets, the yield on the 10-year gilt declined 7.49 basis points to 4.128%, and 10-year U.S. Treasury yields fell 0.08 basis point to 4.285%.

-This article was automatically generated by Dow Jones Newswires using technology from Automated Insights. Data source: Dow Jones Market Data, FactSet.

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(END) Dow Jones Newswires

07-05-24 1231ET