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London Markets: Shell and BP carry FTSE 100 higher as Deliveroo slumps

The top U.K. stock market index enjoyed a solid advance on Monday, buoyed by the energy sector. Read More...

The top U.K. stock market index enjoyed a solid advance on Monday, buoyed by the energy sector.

The FTSE 100 UKX, +1.13% rose 1% to 7,194.65, boosted as Royal Dutch Shell RDSB, +2.55% and BP BP, +2.66% each got a lift from strength in crude-oil prices CL.1, +3.21%.

The London Stock Exchange LSEG, +1.07% rose after agreeing to pay as much as £274 million for Quantile Group, a provider of services for hedge funds and banks trading over-the-counter derivatives.

Deliveroo ROO, -2.90% shares slumped 8%, hurt by fears over the European Commission’s impending gig worker rules that could come as early as Wednesday. Just Eat Takeaway.com JET, -5.80% also dropped.

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