European equity markets closed in the red, with UK indices witnessing broad-based weakness, even as select insurance and mining stocks posted strong gains.
UK Markets: FTSE Indices Close Lower
The FTSE 100 ended the session at 10,195.35, down 39.94 points or 0.39 percent, reflecting cautious investor sentiment. Broader UK indices also closed lower, with the FTSE 250 declining 0.86 percent, the FTSE 350 slipping 0.44 percent, and the FTSE All-Share falling 0.44 percent. The FTSE AIM All-Share edged down 0.16 percent.
The weakness across indices came amid mixed global cues and profit-taking across sectors.
FTSE 100: Top Gainers
Despite the overall decline, several stocks posted strong gains within the FTSE 100:
Beazley PLC surged 42.68 percent to 1,170.00, emerging as the top gainer.
Hiscox Ltd rose 9.14 percent to 1,516.00.
Fresnillo PLC gained 6.67 percent to 3,996.00, supported by strength in precious metal prices.
BT Group PLC advanced 3.60 percent to 185.40.
Endeavour Mining PLC climbed 2.50 percent to 4,096.00.
Other notable gainers included Imperial Brands, Admiral Group, and Antofagasta, each posting moderate gains.
Market View
While headline indices remained under pressure, sharp stock-specific moves suggest selective buying interest, particularly in insurance and mining stocks. Investors continue to assess macroeconomic signals and sector-specific developments, keeping European markets volatile in the near term.
Disclaimer
This article is for information purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Market movements are subject to risk and rapid change. Readers are advised to consult qualified financial advisors before making any investment decisions.
