FTSE Opens Up as Oil Moves, But Investors on Watch
FTSE 100 stocks gain after holiday, Kingfisher jumps The FTSE 100 advanced after the spring bank holiday, led by oil-linked stocks and a sizable move in Kingfisher. According to MarketScreener’s real-time estimate, the index was up 0.86% at 10,556.60 as of 0812 BST. Kingfisher, Sunbelt Rentals, Endeavour Mining and Glencore were on the leaderboard. Melrose, Auto Trader, Vodafone and BP lagged. London reopens after the spring bank holiday, with investors playing catch up as global markets traded during Monday’s closure. The London Stock Exchange started Tuesday at 0800 BST. The FTSE 100 closed Friday at 10,466.26. The FTSE 250 finished at 23,167.47.
