UK 100 Extends Losing Streak to Five Days, Down 0.74% on April 24
The UK 100 closed down 0.74% on April 24, 2026, marking its fifth straight daily loss as automobiles & parts, pharmaceuticals & biotech, and aerospace & defense sectors led declines, with Mondi plunging 11.12% to a five-year low. The bearish run started April 20 (-0.65%), deepened April 21 (-1.08% amid Rolls-Royce's 6.5% drop), eased to -0.18% and -0.12% on April 22-23, then accelerated again, pushing cumulative losses to nearly 2.8%. Oil prices swung wildly (WTI +5.85% to $87.42 on 20th, up to $94.45 on 23rd, then -2% to $93.91), but failed to lift UK equities amid steady GBP/USD near 1.35.