Stimulus hopes lift FTSE 100; financials, industrials gain


A man wearing a protective face mask walks past the London Stock Exchange Group building in the City of London financial district, whilst British stocks tumble as investors fear that the coronavirus outbreak could stall the global economy, in London, Britain, March 9, 2020. REUTERS/Toby Melville/File Photo

  • Energy stocks lag as oil prices fall
  • British mid-caps weighed down by glum auto sales data
  • Ryanair rises on ending talks with Boeing on large jet order
  • FTSE 100 up 0.7%, FTSE 250 adds 0.2%

Sept 6 (Reuters) – London’s FTSE 100 rose on Monday, led by financial and industrials stocks, on bets that central banks would keep monetary policy loose amid signs of a sharp slowdown in the global economic rebound.

The export-heavy FTSE 100 (.FTSE) closed the session up 0.7%, with personal goods (.FTNMX402040) and industrial services (.FTNMX502050) stocks jumping 1.9% and 1.7%, respectively.

The FTSE 100 had ended last week essentially flat as macroeconomic data…

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