Archive · Business Recorder
FTSE 100 ends higher as financial, medical stocks offset crude price hit
Britain’s FTSE 100 edged higher on Monday, buoyed by financials and medical equipment stocks as investors looked ahead to crucial US inflation data and UK GDP readings due this week for fresh insight into the economic outlook. The blue-chip FTSE 100 index rose nearly 1% to 10,656.28 points, while the midcap FTSE 250 climbed 0.47%. Oil prices jumped 2% to $106.76 a barrel, hovering near two-week peaks, as attacks on Saudi Arabia outweighed prospects of higher supplies from Russia and a Russia-Ukraine ceasefire on energy facilities. Attention will also be on UK Finance Minister John Healey’s mee...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →