London Markets: U.K. stocks break two-day winning streak

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U.K. stocks fell Thursday, as the FTSE 100 Index
UKX,
-1.27%

closed down 1.08% at 7,113.39.

Of the FTSE 100 constituents, iron/steel company Evraz PLC
EVR,
-12.59%

saw the largest drop Thursday, as shares tumbled 12.59%

Shares of building materials/products firm Melrose Industries PLC
MRO,
-8.34%

and mixed retailing company B&M European Value Retail S.A.
BME,
-4.75%

shed 7.30% and 5.84%, respectively.

Persimmon PLC
PSN,
-4.07%
,
a residential building construction company, and clothing business Burberry Group PLC
BRBY,
-4.72%

rounded out the top five largest decreases as their stocks dropped 4.43% and 4.15%, respectively.

Glencore PLC
GLEN,
+5.93%
,
a general mining company, saw the largest increase among FTSE 100 constituents, as shares rallied 5.19% on Thursday.

Shares of non-ferrous metals firm Antofagasta PLC
ANTO,
+4.67%

and technical services company Spirax-Sarco Engineering PLC
SPX,
+4.42%

climbed 4.77% and 3.71%, respectively.

Fresnillo PLC
FRES,
+2.21%
,
a precious metals company, and tobacco firm British American Tobacco PLC
BATS,
+1.22%

rounded out the top five largest increases as their stocks rose 2.05% and 1.98%, respectively.

The pound
GBPUSD,
-0.68%

was down 0.36% against dollar at $1.31 and was up 0.25% against the euro
GBPEUR,
+0.07%

at €1.19.

Brent crude
BRN00,
-0.79%

rose 2.4% to $113.78, and the yield on the 10-year gilt
TMBMKGB-10Y,
1.522%

declined 0.301 basis points to 1.534%.

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