The FTSE 100 Index Closes 0.42% Higher

The FTSE 100 Index went up by 46 points or 0.42 percent on Monday to close at 10782 points. The rise was led by Vodafone (4.84%), Relx (4.44%) and Airtel Africa (4.25%). On the downside, the weakerst performers were Glencore (-3.39%), BP (-2.57%) and IMI (-2.30%).

The FTSE 100 gained 0.4% on Monday, climbing above 10,780 to its highest level since the record close on February 27, supported by strong corporate earnings and easing energy costs. The US and Iran refrained from further attacks for a third consecutive night, reducing concerns over inflationary pressures. Vodafone was among the strongest performers, rising nearly 5% after reporting better-than-expected organic service revenue growth and maintaining a positive outlook. AstraZeneca advanced 1.7% after quarterly earnings exceeded expectations and the company reaffirmed its full-year guidance and 2030 targets. GSK gained more than 2%, while Unilever and BAE Systems also moved higher. In contrast, energy stocks declined as oil prices weakened, with Shell down 0.9% and BP falling 2.6%. Mining stocks also lagged, including Glencore (-3.4%), Anglo American (-2.4%) and Antofagasta (-1.9%).

The FTSE 100 Index is picking up 42 points or 0.39 percent on Monday. Gains are led by Whitbread (3.08%), Rolls-Royce (2.97%) and Vodafone (2.53%). Biggest losers are Shell (-2.15%) and Rentokil Initial (-0.77%).