UK stocks declined Monday, as a rise in the pound to a three-week high weighed on the FTSE 100, which twice hit record levels last week, MarketWatch reports.
The FTSE 100 fell 0.2% to 7,411.20, with oil and gas, healthcare and financial shares among those losing ground. On Friday, the London benchmark added 0.1% to 7,424.96, a new record closing high. That was the index’s second close at a record in a row, and those moves helped the blue-chip gauge gain 1.1% for the week.