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London stocks rise amid broader gains, commodity shares limit climb

The UK's benchmark FTSE 100 rose on Monday, led by gains in the travel and leisure sector and aerospace and defence stocks. Trainline, an online train ticket seller, raised its full-year revenue forecast, causing its shares to jump 9.5%. Melrose's shares also rose, lifting the aerospace and defence sector. However, losses in commodity-linked companies, such as precious metal miners and energy shares, limited overall gains. British business confidence sank to a four-month low in October ahead of the upcoming budget plan, which aims to raise tax revenues for public services and infrastructure investment.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14011771/London-stocks-rise-amid-broader-gains-commodity-shares-limit-climb.html
Source Id: 8384899513

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