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The UKX in the UK experienced a minor decrease of 0.03% on Monday, closing at 7,492.21. The most significant loss was observed in the shares of chemicals company Croda International PLC, which fell by 7.32%. Several other companies also faced losses, including passenger airlines firm International Consolidated Airlines Group (LON:) S.A., clothing retail company Next PLC, technical services company Spirax-Sarco Engineering PLC, and air freight firm International Distribution Services PLC.
Despite the overall dip in the index, some companies managed to record gains. Defense equipment/products company BAE Systems PLC (LON:) led the pack with a share increase of 4.53%. Shares of major oil & companies BP (NYSE:) PLC and Shell PLC (LON:) also saw an upturn. Additionally, tobacco company Imperial Brands PLC (LON:) and wireless telecommunications services company Vodafone Group PLC (LON:) reported an increase in their shares.
In currency markets, the pound experienced mixed fortunes on Monday. It depreciated by 0.30% against the dollar but managed to appreciate by 0.16% against the euro. Crude saw a significant surge of 3.9%, closing at $87.88. Meanwhile, the yield on the 10-year gilt experienced a fall by 9.290 basis points to settle at 4.484%.
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