London Stocks Edge Higher on Resource-Sector Buying Amid Middle East Concerns
London's FTSE 100 Index rose modestly for a second consecutive session, reaching 10,749.51 by 8:00 a.m. UK time on the 21st.
The benchmark index added just 1.35 points, or 0.01%, to its previous close of 10,739.13, as investors remained cautious amid ongoing uncertainty in the Middle East.
Buying pressure was concentrated among large-cap resource-related stocks, particularly oil majors like BP and Shell, which are benefiting from expectations of higher crude oil prices due to the region's geopolitical tensions.