The UK’s FTSE 100 inched higher on Monday as energy stocks tracked crude prices higher, while investor caution ahead of domestic inflation data and major central bank decisions kept a lid on gains.
Energy shares (.FTNMX601010), opens new tab advanced 0.8%, tracking gains in crude prices on the view that supply was tightening, in turn lifting the resource-heavy FTSE 100 (.FTSE), opens new tab 0.1% as of 0910 GMT.
Shares of Reckitt Benckiser (RKT.L), opens new tab gained 2.4% and also boosted the benchmark index after slumping around 14% on Friday.
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