RSS FTSE 100 Edges Higher In Thin Holiday Trade

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 RSS FTSE 100 Edges Higher In Thin Holiday Trade

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On Tuesday, UK stocks experienced an upward trend during the shortened trading session ahead of Christmas Eve. The markets will be closed on Wednesday and Thursday in observance of the Christmas holiday. The FTSE 100 index increased by 24 points, or 0.3%, reaching 8,127, following a modest rise of 0.2% on Monday.

The energy sector benefitted from rising oil prices, with BP Plc experiencing a half-percent increase and Shell growing by 0.8%.

Vistry Group saw its shares plummet by over 17% as the housebuilding company issued its third profit warning of the year, attributing the decline to delays in year-end transactions and completions.

AstraZeneca's shares saw a slight increase. The company, alongside Japan's Daiichi Sankyo, decided to voluntarily withdraw their marketing authorization application for the advanced lung-cancer treatment, Dato-DXd, in the European Union following feedback from the European Medicines Agency.

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