22.09.202516:00:48UTC+00UK Stocks See Marginal Gain

On Monday, London's FTSE 100 edged into positive territory, closing slightly higher at 9,227. Investor sentiment was cautious as the market anticipates key economic data scheduled for release this week, such as PMI surveys, and forthcoming speeches from officials at the Bank of England and Federal Reserve, which may provide new policy insights. On the corporate front, gold miner Endeavour surged 6.9%, and precious metals producer Fresnillo gained 4.6%, driven by record high prices for gold and silver. Endeavour also received a boost from Bank of America analysts, who raised their price target by 200p to 3300p. Base metals giants Glencore and Rio Tinto also posted solid gains, each rising about 2%. Conversely, major consumer staples companies like Unilever, Diageo, British American Tobacco, Haleon, and Coca-Cola experienced declines. JD Sports Fashion decreased by 1.4% as the market awaited its half-year financial results, due on Wednesday.