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London stocks edged higher early trade on Monday as investors mulled the latest UK house price figures and looked ahead to key inflation data later in the week.
London stocks were still in the black by midday on Monday, with miners pacing the gains as gold and copper prices jumped, as investors mulled dovish comments from the Bank of England’s Deputy Governor and looked ahead to key inflation data later in the week.
London stocks ended Monday in positive territory, with mining companies driving gains amid rising gold and copper prices.
European stocks closed a bit higher on Monday as expectations that the stimulus measures announced by China last week will help revive the property sector in the world's second largest economy, and optimism about interest rate cuts in the coming months helped underpin sentiment in European markets.
The FTSE 100 index has often been derided in recent years, but UK large-cap stocks are beginning to show encouraging signs of life.