The FTSE 100 traded higher on Monday, following a 3.9% gain in October, supported by gains in financial and energy stocks. Standard Chartered rose over 2%, Prudential nearly 2%, and Legal & General 1.6% ahead of the Bank of England’s policy decision on Thursday, where most economists expect rates to remain unchanged. Energy shares also advanced as crude prices climbed after OPEC+ decided to pause planned output increases. Shell gained nearly 1%, while BP rose more than 1% after agreeing to sell stakes in two US onshore assets to private investor Sixth Street for $1.5 billion, part of its strategy to divest $20 billion by 2027. BP will retain operational control through its US unit, BPX Energy, though its stakes in the Permian and Eagle Ford midstream assets will be reduced. Meanwhile, mining stocks lagged, with Antofagasta, Rio Tinto, Glencore, and Anglo American down between 0.7% and 1.3% after disappointing economic data from China dampened sentiment.
Check Also
Close
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





