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Equities took a breather last week, with the FTSE 100 losing 0.2%, but European stocks showed positive movement on Monday, buoyed by hopes of a U.S. interest rate cut and potential stimulus measures... -May 20, 2024 at 04:39 am EDT - MarketScreener
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.
The U.K. FTSE 100 is up around 11% over the last three months, while the broader FTSE 250 index is more than 9% higher.
U.K. stocks advanced on Monday as higher commodity prices lifted mining and energy stocks. The benchmark FTSE 100 was up 19 points, or 0.2 percent, at 8,439 after losing 0.
European stocks edged up slightly on Friday as investors welcomed stimulus measures in China to support the country's property sector and pondered the outlook for rates.