3i (LON:III) accounts for 22% of FTSE 100’s gain on UK market day
FTSE 100 ends up 0.65% on Thursday; FTSE 250 also gains The FTSE 100 finished Thursday 68.26 points higher at 10,529.89, climbing 0.65%. The blue-chip index hit 10,575.31 earlier. The FTSE 250 added 59.89 points, or 0.26%, to close at 23,161.41. Sixty stocks in the FTSE 100 rose on the day, 37 slipped and three finished flat. The typical stock gained 0.27%, well below what the index showed. The equal-weighted average return came in at 0.52%, or 0.41% if you pull out 3i Group. By the numbers, 3i delivered about 22% of the equal-weight gain, based on closing prices. Index investors saw bigger gains than the average stock, but winners weren't rare. Barratt Redrow tacked on 4.63%, and Persimmon added