London stocks were set for a firmer open on Monday following a positive session in Asia, with China reopening hopes expected to boost sentiment.
The FTSE 100 was called to open 25 points higher at 7,724.
CMC Markets analyst Michael Hewson said: “In the wake of Friday’s US jobs report and the strong reaction to it, today’s European open looks set to be a positive one, with Asia markets also getting a boost as China took further steps to reopen its economy, as it relaxed its zero-Covid policy further resuming travel with Hong Kong.”
Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.