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Business · 2 hours ago

London's main stock index rises as investors buy oil and healthcare shares

London's main stock index rises as investors buy oil and healthcare shares

The main FTSE 100 index finished 0.55% higher on Monday, helped by crude prices jumping 3% after attacks on facilities in Saudi Arabia. Energy producers Shell and BP both climbed around 1.1%, while pharmaceutical giant GSK jumped 3.7% following positive trial results for two lung cancer medicines. Meanwhile, Prime Minister Andy Burnham is meeting banking and telecom bosses to discuss economic growth.

Reported by Reuters · How we write briefs

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