Home Business London stock market fell on the 16th 
London stock market fell on the 16th 

London stock market fell on the 16th 

by YCPress

London, May 16 (2023) The average price index of 100 stocks of the Financial Times in London closed at 7,751.08 points on the 16th, a drop of 26.62 points or 0.34% from the previous trading day. The three major European stock indexes fell across the board on the day.

In terms of individual stocks, service stocks led the rise in the constituent stocks of the London stock market that day. The top five stocks were: marketing and business services company DCC shares rose 2.81%, commercial property company Land Securities Group shares rose 2.35%, Rawls Shares in Royce Holdings rose 2.10 percent, British gas supplier Centrica Group rose 1.79 percent and catering services company Compass Group rose 1.52 percent.

On the same day, among the constituent stocks of the London stock market, consumer stocks led the decline. The top five stocks were: Vodafone Group’s stock price fell 7.44%, online retailer Ocado Group’s stock price fell 3.90%, and home furnishing supplier Kingfisher Group’s stock price fell 3.04%, the share price of John David Sports Fashion Company fell 2.49%, and the share price of auto insurance company Edmiral fell 2.40%.

In terms of the other two major stock indexes in Europe, the CAC40 index of the Paris stock market in France closed at 7406.01 points, a drop of 12.20 points or 0.16% from the previous trading day; the DAX index of the Frankfurt stock market in Germany closed at 15897.93 points, a drop from the previous trading day 19.31 points, a decrease of 0.12%.