UK 100 Slips 0.01% on May 1 After 1.54% Rebound from Prior Drop

UK 100 edged down 0.01% at close on May 1, with pharmaceuticals and telecoms dragging amid softer oil (WTI -3.9% to $100.97/bbl), despite DCC's +4.78% gain. This muted session capped a volatile period: a slim +0.04% on April 28, sharp -1.18% drop on April 29 led by homebuilders like Persimmon (-4.38% to 52-week low), followed by a strong +1.54% rebound on April 30 fueled by utilities (United Utilities +11.05% to all-time high at 1,457) and aerospace. Market breadth stayed positive on May 1 (686 advancers vs. 446 decliners), highlighting rotation amid commodity swings and gold's rise to $4,654.81/oz.