- AB Foods slips on downbeat fourth-quarter Primark sales
- Recruiter SThree jumps on strong annual earnings outlook
- FTSE 100 up 0.5%, FTSE 250 adds 0.3%
Sept 13 (Reuters) – London’s FTSE 100 rose on Monday, rebounding from its worst weekly performance since mid-August helped by gains in economy-linked stocks, while Associated British Foods slipped to the bottom of the index following an earnings update.
The blue-chip index (.FTSE) climbed 0.5%, after sliding 1.5% last week on concerns around stalling domestic economic recovery.
The domestically focused mid-cap FTSE 250 index (.FTMC) advanced 0.3%.
Investor focus is now on U.S. and UK data releases later this week, including jobs and keenly watched inflation and retail sales for clues on monetary policy actions ahead of central bank meetings next week.