UK FTSE 100 climbs 1.3 percent on energy sector gains
The FTSE 100 rose 1.3 percent on Monday as energy stocks tracked higher oil prices. Political uncertainty and inflation fears weighed on the midcap index.
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X FTSE 100 1C rose 1.3% to 10,323.8 on Monday evening as energy stocks tracked higher crude prices. The index outperformed the domestically focused X FTSE 250 1D, which fell 0.07% following political leadership uncertainty. Investors are weighing fiscal stability risks against supply-driven energy gains in the United Kingdom.
