After gaining as much as 1.2 per cent, the commodity-heavy FTSE 100 closed up 0.3 per cent, with BP Plc and Royal Dutch Shell Plc among the biggest boosts. — Reuters pic
Oil prices rose on an improvement in Chinese factory data, hopes for more coronavirus-related stimulus from the United States, and as Saudi Aramco forecast rising energy demand. Focus was on US stimulus after President Donald Trump signed executive orders on Saturday partly restoring enhanced unemployment payments.
A clutch of data will be eyed this week, including the unemployment rate and June gross domestic product figures.
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