FTSE 100 Climbs 0.54% as Reckitt Benckiser Soars 3.85% Amid Strong Advance-Decline Ratio
The FTSE 100 index rose by 0.54% today, continuing a positive trend with a 1.48% increase over the past week and 1.78% over the last month. Notable performers included Reckitt Benckiser Group Plc, which gained 3.85%, while Wise Plc fell by 4.08%. In the Mid Cap sector, AJ Bell Plc led with a 4.44% rise, contrasting with Entain Plc's 3.53% decline. Small Caps saw Serica Energy Plc excel with a 14.63% return, while ASOS Plc dropped by 4.78%. Overall, market sentiment remained strong, with a favorable advance-decline ratio of 2.64.
The FTSE 100 index experienced a positive trading session, rising by 0.54% today. Over the past five days, the index has shown a robust increase of 1.48%, and it has gained 1.78% over the last month, indicating a sustained upward trend in the market.In terms of individual stock performance, Reckitt Benckiser Group Plc emerged as the top performer in the Large Cap category, delivering a return of 3.85%. Conversely, Wise Plc struggled, posting a decline of 4.08%. The Mid Cap sector saw AJ Bell Plc leading with a return of 4.44%, while Entain Plc faced a setback with a drop of 3.53%. Among Small Caps, Serica Energy Plc stood out with an impressive return of 14.63%, while ASOS Plc lagged behind with a decline of 4.78%.
The overall market showed a favorable advance-decline ratio, with 312 stocks advancing compared to 118 declining, resulting in a ratio of 2.64. Large Cap stocks performed particularly well, with 47 advancing against just 8 declining, yielding a ratio of 5.88. Mid Cap stocks also fared well, with 58 advancing and 11 declining, while Small Caps had 166 advancing and 66 declining, reflecting a healthy market sentiment.
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