U.K. stocks closed lower on Tuesday, with the domestic benchmark ending the session down 1.30% as losses in Mining, Banking and Industrial Metals & Mining sectors pressured the market.
At the London close, the Investing.com United Kingdom 100 was down 1.30%.
Top performers
The best-performing constituents on the United Kingdom 100 were WPP PLC (LON:WPP), which climbed 5.53% or 14.50 points to finish at 276.70. Flutter Entertainment PLC (LON:FLTRF) gained 4.61% or 364.00 points to end the day at 8,262.00. Croda International PLC (LON:CRDA) rose 3.95% or 113.00 points to close at 2,976.00.
Lagging names
On the downside, Standard Chartered PLC (LON:STAN) fell 6.31% or 122.00 points to trade at 1,811.00 at the close. Fresnillo PLC (LON:FRES) lost 5.10% or 154.00 points to finish at 2,868.00. HSBC Holdings PLC (LON:HSBA) declined 4.36% or 59.80 points to end the session at 1,311.40.
Market breadth and volume
Decliners outnumbered advancers on the London Stock Exchange, with 964 falling stocks compared with 759 advancing issues. A total of 553 shares finished unchanged.
Commodities and energy
In commodities trading, Gold Futures for August delivery fell 1.64% or 71.73 to $4,291.67 a troy ounce. Crude oil for July delivery dropped 5.45% or 4.98 to $86.32 a barrel, while the August Brent oil contract slid 4.54% or 4.28 to trade at $89.97 a barrel.
Currencies and the dollar
On the currency front, GBP/USD was unchanged 0.31% at 1.34, while EUR/GBP was unchanged 0.17% at 0.86. The US Dollar Index Futures was down 0.15% at 99.88.
This session showed concentration of losses in resource and financial-related sectors, while a small group of media, consumer services and specialty chemical names recorded gains. Market breadth favored decliners as commodity prices moved lower and the dollar futures eased slightly.