Mondi PLCMondi shares soared 10.9% after its first-half results, pushing the FTSE 350 general industrials index to its highest level since March 2025.
The London stock market closed slightly lower on Thursday after the Bank of England voted to hold interest rates at 3.75%, while corporate earnings were mixed. The FTSE 100 index closed at 10,897.27 points, down 11.14 points or 0.10%, after hitting an all-time high during the day before weakening late in the session. Rolls-Royce shares surged 6% after raising its full-year earnings forecast well above market expectations, and Mondi shares soared 10.9%, their biggest one-day gain since August 2022, following its first-half results, pushing the FTSE 350 general industrials index to its highest level since March 2025. Meanwhile, Rentokil shares tumbled 20.6% after warning that its North American business remains weak.
Mondi PLCMondi shares soared 10.9% after its first-half results, pushing the FTSE 350 general industrials index to its highest level since March 2025.
Rolls-Royce Holdings PLCRolls-Royce shares surged 6% after raising its full-year earnings forecast well above market expectations.
Rentokil Initial PLCRentokil shares tumbled 20.6% after warning that its North American business remains weak.