FX.co ★ UK Stocks Cautiously Higher

The FTSE 100 experienced a slight uptick on Monday, reaching approximately 9,156 as investors brace for the pivotal meeting involving EU leaders, Ukrainian President Zelensky, and US President Trump to discuss the ongoing situation in Ukraine. Today's gathering follows the recent Trump-Putin summit, which concluded without significant advancements. Market attention is also directed towards monetary policy, notably the Federal Reserve's Jackson Hole symposium kicking off this Thursday, with central bankers delivering key speeches. A highlight of the event is expected to be Federal Reserve Chairman Jerome Powell's address on Friday. In corporate developments, Endeavour Mining emerged as a leader, gaining nearly 3% to achieve a record high, outperforming larger integrated mining firms. Babcock closely trailed, appreciating by 2.4%, following RBC Capital Markets' initiation of coverage with an 'Outperform' rating and a target price of 1,200p.