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FTSE 100 starts the week up; BAE Systems jumps on Ukraine talks while Assura surges - Market Report

FTSE 100 starts the week up; BAE Systems jumps on Ukraine talks while Assura surges - Market Report

London’s blue chips got off to a positive start to the week on Monday, adding 10 points to sit at 8,743.

BAE Systems PLC jumped 5.3% ahead of Rolls-Royce Holdings PLC to head the early risers as attention remained fixed on peace talks around the Russia- Ukraine war.

Prime Minister Keir Starmer had said he was “ready and willing” to deploy troops to Ukraine on Monday in a bid to aid security under any potential peace agreement.

Spirax Group PLC was among the early fallers in the absence of any major movers, while Assura PLC surged 17.7% to top the mid-cap winners on news healthcare real estate investment trust had rejected four takeover advances from US private equity giant KKR, including a £1.56 billion bid last week.

And Anglo American PLC has confirmed its platinum division will be spun off by June, with an additional dividend to shareholders before the split.

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