FTSE 100 Climbs 0.67% as Rentokil Soars 8.32% Amid Strong Advance-Decline Ratio
The FTSE 100 index rose by 0.67%, continuing a strong upward trend with a 2.39% increase over the past week and 3.85% over the last month. Rentokil Initial Plc led large-cap gains at 8.32%, while RELX Plc fell by 1.71%. In the Mid Cap sector, Harbour Energy Plc gained 5.6%, contrasting with easyJet Plc's 2.8% decline. Small Caps saw Molten Ventures Plc excel with a 14.62% return, while FDM Group (Holdings) Plc dropped by 8.71%. The overall market sentiment was positive, with a favorable advance-decline ratio of 2.04x.
The FTSE 100 index experienced a positive day, rising by 0.67%. Over the past five days, the index has shown a robust increase of 2.39%, and it has surged by 3.85% in the last 30 days, indicating a strong upward trend in the market.In terms of individual stock performance, Rentokil Initial Plc emerged as the top performer in the Large Cap category with a return of 8.32%. Conversely, RELX Plc struggled, recording a decline of 1.71%. The Mid Cap sector saw Harbour Energy Plc leading with a gain of 5.6%, while easyJet Plc faced challenges, dropping by 2.8%. Among Small Caps, Molten Ventures Plc stood out with an impressive return of 14.62%, whereas FDM Group (Holdings) Plc lagged behind with a decline of 8.71%.
The overall market showed a favorable advance-decline ratio, with 288 stocks advancing compared to 141 declining, resulting in a ratio of 2.04x. This positive sentiment was echoed in the Mid Cap sector, which had a particularly strong ratio of 3.31x, with 53 advancing stocks against 16 declining.
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