U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.75%

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.75%

Investing.com  | May 30, 2018 17:20

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.75%

Investing.com – U.K. equities were higher at the close on Wednesday, as gains in the Oil & Gas Producers, Oil Equipment Services & Distribution and Pharmaceuticals & Biotech sectors propelled shares higher.

At the close in London, the Investing.com United Kingdom 100 added 0.75%.

The biggest gainers of the session on the Investing.com United Kingdom 100 were Royal Dutch Shell PLC Class A (LON:RDSa), which rose 2.65% or 67.50 points to trade at 2619.50 at the close. BP PLC (LON:BP) added 2.56% or 14.30 points to end at 573.50 and Royal Dutch Shell PLC B (LON:RDSb) was up 2.28% or 60.00 points to 2687.00 in late trade.

Biggest losers included Provident Financial (LON:PFG), which lost 2.84% or 18.60 points to trade at 636.40 in late trade. Dixons Carphone PLC (LON:DC) declined 2.16% or 4.00 points to end at 181.00 and Royal Bank of Scotland Group PLC (LON:RBS) shed 1.39% or 3.90 points to 276.10.

Advancing stocks outnumbered falling ones by 1042 to 994 and 303 ended unchanged on the London Stock Exchange.

In commodities trading, Gold Futures for June delivery was up 0.25% or 3.20 to $1302.20 a troy ounce. Meanwhile, Crude oil for delivery in July rose 2.41% or 1.61 to hit $68.34 a barrel, while the August Brent oil contract rose 2.66% or 2.01 to trade at $77.50 a barrel.

GBP/USD was up 0.25% to 1.3285, while EUR/GBP rose 0.76% to 0.8773.

The US Dollar Index Futures was down 0.76% at 94.09.

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