U.K. Stocks Rise on Gains in Pharmaceuticals and Clothing Retail Companies

The FTSE 100 Index UKX closed up 0.49% at 7,478.19 on Friday, with several companies experiencing notable increases in their stock prices.

GSK PLC Sees Largest Increase

GSK PLC (GSK) had the largest increase among the FTSE 100 constituents, with shares rallying 4.03%.

Entain PLC and JD Sports Fashion PLC Follow Suit

Entain PLC (ENT), a gambling industries firm, and JD Sports Fashion PLC (JD), a clothing retail company, climbed 3.76% and 2.61% respectively.

Compass Group PLC and Pearson PLC Also Perform Well

Compass Group PLC (CPG), a restaurants company, and Pearson PLC (PSON), a publishing firm, rounded out the top five largest increases as their stocks rallied 2.40% and 1.94% respectively.

Melrose Industries PLC Sees Largest Decline

Melrose Industries PLC (MRO), a building materials/products company, saw the largest decline among the FTSE 100 constituents, with shares declining 4.91% on Friday.

Smurfit Kappa Group PLC and BT Group PLC Experience Decreases

Shares of Smurfit Kappa Group PLC (SKG), a containers/packaging firm, and BT Group PLC (BT.A), a wired telecommunications services company, fell 3.17% and 1.62% respectively.

Rolls-Royce Holdings PLC and DS Smith PLC Also Experience Decreases

Rolls-Royce Holdings PLC (RR), an aerospace products/parts company, and DS Smith PLC (SMDS), a containers/packaging firm, rounded out the top five largest decreases as their stocks fell 1.52% and 1.39% respectively.

Currency and Oil Updates

The pound was up 0.03% against the dollar at $1.2475 and was down 0.09% against the euro at €1.1649.

Brent crude rose 0.9% to $90.74, and the yield on the 10-year gilt fell 1.080 basis points to 4.433%.

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