U.K. stocks decreased Wednesday, as the FTSE 100 Index /zigman2/quotes/210598409/delayed UK:UKX +0.27% finished down 1.47% at 7,277.30.
Of the FTSE 100 constituents, food retail company Ocado Group PLC /zigman2/quotes/207225647/delayed UK:OCDO -2.05% saw the largest decline Wednesday, as shares declined 8.24%
Shares of broadcasting firm ITV PLC /zigman2/quotes/205378065/delayed UK:ITV +0.28% and investment advisors company abrdn PLC /zigman2/quotes/200883281/delayed UK:ABDN +0.94% declined 5.34% and 4.62%, respectively.
Royal Mail PLC , an air freight company, and residential building construction company Berkeley Group Holdings PLC /zigman2/quotes/202576163/delayed UK:BKG +0.37% rounded out the top five largest decreases as their stocks shed 4.59% and 4.48%, respectively.
Scottish Mortgage Investment Trust PLC /zigman2/quotes/204858474/delayed UK:SMT +0.92% , a closed-end funds company, saw the largest increase of the FTSE 100 constituents, as shares rallied 2.43% on Wednesday.
Shares of closed-end funds firm Pershing Square Holdings Ltd. /zigman2/quotes/205672702/delayed UK:PSH -0.51% and major oil & gas company Shell PLC /zigman2/quotes/206428183/delayed UK:SHEL +1.05% increased 1.08% and 0.58%, respectively.
Whitbread PLC /zigman2/quotes/207954631/delayed UK:WTB +0.65% , a hotels company, and major oil & gas business BP PLC /zigman2/quotes/202286639/delayed UK:BP +0.99% rounded out the top five largest increases as their stocks rallied 0.23% and 0.16%, respectively.
The pound was up 0.59% against dollar /zigman2/quotes/210561263/realtime/sampled GBPUSD -0.0165% at $1.1562 and 0.36% against the euro at €1.1574.
Brent crude rallied 1.8% to $94.87, and the yield on the 10-year gilt /zigman2/quotes/211347177/realtime BX:TMBMKGB-10Y 0.00% rose 1.178 basis points to 3.136%.