UK Equities End Lower, Losses in Chemicals, Fixed Line Telecommunications and REITs Sectors Weigh

London’s FTSE 100 index edged lower on Wednesday, dragged down by declines in the chemicals, fixed line telecommunications, and real estate investment trusts (REITs) sectors. At the closing bell, the Investing.com United Kingdom 100 had shed 0.06%. Among the day’s top performers were mining companies Anglo American, Reckitt Benckiser, and Rio Tinto, which gained 4.45%, 2.92%, and 2.50%, respectively. On the downside, Croda International, Ocado Group, and Entain were the most notable decliners, losing 4.79%, 3.49%, and 3.31%, respectively. Overall, declining stocks outnumbered rising ones by a margin of 938 to 794, while 692 issues remained unchanged. In commodities trading, gold futures for June delivery slipped 0.21% to $2,337.15 per troy ounce. Crude oil for June delivery declined 0.54% to $82.91 per barrel, while the June Brent oil contract dipped 0.40% to $88.07 per barrel. In currency markets, the GBP/USD remained unchanged at 1.24, and the EUR/GBP held steady at 0.86. The US Dollar Index Futures, however, gained 0.22% to 105.74.

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