FTSE 100 Opens Higher as Banks Rebound and Trade Hopes Lift Mood
London markets started Monday on a positive note, shaking off last week’s banking-led sell-off. The FTSE 100 opened 0.5% higher at 9,396.84.
- FTSE 250 added 0.1% to 21,807.47
- AIM All-Share slipped slightly to 772.00
Financial stocks led the gains, with notable increases from:
- HSBC: up 1.7%
- Standard Chartered: rising 2.1%
- Lloyds: adding 1.4%
- Barclays: climbing 1.5%
Defence shares also attracted attention, with:
- Babcock: jumping 2.9%
- BAE Systems: gaining 1.5%
- Rolls-Royce: adding 2.8%
Investor sentiment was buoyed by reports that the US and China will hold another round of trade talks this week.
No direct quotes available in the text.
Author's summary: FTSE 100 opens higher due to banks rebound and trade hopes.
More News
- Tony Vitello on campus Monday for Tennessee baseball scrimmage
- Tasmania moves to boost future for automotive workers
- Illinois SNAP errors could cost taxpayers up to $700 million in penalties
- High winds across parts of Colorado create fire danger Monday
- Amazon Deletes Prime Video Tweet Mocking Woman's Engagement Ring With 'The Summer I Turned Pretty' Meme
- 2 Canadian Dividend Giants That Belong in Every Portfolio
- Rodrigo Paz Wins: Bolivia's Electoral Context in Five Charts
- Apple Stock Powers the Dow After iPhone Sales, Bull Notes - Schaeffer's Investment Research
- Nuclear bomb hit it, but not Genocide: Jared Kushner after visiting Gaza
- Man with semi-automatic rifle arrested after threatening to shoot up Atlanta airport, police say