FTSE 100 rises as energy and defence stocks jump

The commodity-heavy FTSE 100 edged higher on Monday as oil prices jumped more than 2% due to the ongoing military conflict in the Middle East, while shares of embattled Metro Bank gained after it raised $396.5 million in fresh capital.

The benchmark FTSE 100 (.FTSE) index added 0.1%, while the midcap FTSE 250 index (.FTMC) fell 0.5%.

Palestinian Islamist group Hamas on Saturday launched the largest military assault on Israel in decades, killing hundreds of Israelis and triggering a wave of retaliatory Israeli air strikes on Gaza that have also killed hundreds of people.

Fidelity Special Values PLC (LON:FSV) aims to seek out underappreciated companies primarily listed in the UK and is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty.

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