UK FTSE 100 Steadies As Oil Eases
The UK benchmark index rose 0.34 percent on Monday to steady after its worst weekly drop since April. Crude prices eased following increased Middle East exports, while BT Group agreed to acquire TalkTalk for 400 million pounds.
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The United Kingdom's blue-chip index rose 0.34% to 10,497.94 points on Monday morning, steadying after its worst weekly drop since April. The rebound followed an easing in Brent Crude Oil prices as crude supplies increased. Investors are balancing easing commodity costs against persistent domestic inflation pressures and upcoming central bank decisions.
