U.K. stock markets saw an uptick on Monday, driven by a rise in commodity prices, which buoyed mining and energy stocks.
The FTSE 100 index, the primary benchmark, gained 19 points, or 0.2%, reaching 8,439, recovering from a 0.2% decline noted on Friday.
In the mining sector, Antofagasta experienced a 0.5% increase, while Glencore saw a more significant rise of 1.3%, as copper prices soared to new peaks following recent Chinese stimulus measures aimed at invigorating the property market.
Energy giants BP Plc and Shell also performed well, with BP gaining 0.8% and Shell rising by 0.5%. The upward movement was influenced by a rise in oil prices amid uncertainty in key oil-producing regions.
In notable individual stock movements, Keywords Studios shares surged by 62% after the company announced negotiations with the European private equity firm EQT Group concerning a potential cash offer of 2,550 pence per share.
Conversely, British Land's shares dipped by approximately 1% following the divestment of its stake in the Meadowhall Shopping Centre in Sheffield, U.K., for £360 million to Norges Bank Investment Management.
