Why UK equities traded on a flat note today?

The London markets traded on a mixed note, boosted by the vaccine hopes and the earning results. FTSE 100 traded marginally lower by around 0.10% and reached its highest point in over a month, fuelled by rising commodity prices.

Avacta Group shares went up by around 17.48% after it had received the first data for its Covid-19 rapid antigen test from ongoing clinical studies in Europe and the UK. The data had shown excellent results for the test. Homeware retailer Dunelm Group shares dropped by around 7.63% after its deputy chairman had trimmed its stake through a secondary placing. Will Adderley had sold approximately 15 million shares at about a 9% discount from Monday’s closing price.

 


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