Defensive stocks lift FTSE 100
Londons FTSE 100 rose 0.4 percent as investors favored defensive sectors like healthcare and consumer staples. Bond yields climbed ahead of upcoming central bank decisions.
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The United Kingdom's FTSE 100 rose 0.4% to 10,697.57 points on Monday afternoon as investors rotated into defensive healthcare and consumer staples. The broader blue-chip advance contrasted with a 0.6% decline in the midcap FTSE 250 to 23,834.48 points, marking its lowest close in over a month. The divergence highlights growing caution across United Kingdom markets ahead of pivotal central bank policy decisions.
