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Business · 1 day ago

London shares climb as oil prices dip on diplomatic hopes

London shares climb as oil prices dip on diplomatic hopes

UK stock indexes rose on Monday, led by strong gains for major banks and aerospace firms as crude prices retreated. London's blue-chip FTSE 100 increased 0.75% to close at 10,739.01 points following a drop in the previous session. Investors cheered lower oil costs driven by hopes for diplomatic progress regarding the conflict involving Iran ahead of a UN meeting.

Reported by Reuters · How we write briefs

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