The FTSE 100 has made a strong start to the week with no fresh tariff talk to disrupt the market.An hour into trade, the blue chip index was up 25 points at 8440.64, a gain of about a third of a percent.
Aerospace supplier Melrose Industries PLC (LSE:MRO, OTC:MLSPF), Ladbrokes owner Entain PLC (LSE:ENT) and drinks maker Diageo PLC (LSE:DGE) are the top early risers. These are all businesses that have been more volatile during the market's Trump-slump.
Housebuilders including Berkeley and Taylor Wimpey are up too amid reports of a new price war breaking out among lenders, sending mortgage rates below 4%.
Marks and Spencer Group PLC (LSE:MKS) is down 1% as investors calculate the effect of its cyber attack on lost online orders. The retailer had to pause orders on its website and apps on Friday as it attempted to restore operations.
On the FTSE 250, Deliveroo PLC (LSE:ROO) is up 16% after revealing an indicative offer from Doordash after markets closed last Friday.
Plus500 Ltd (LSE:PLUS) said it has made "an excellent start to the year" and now expects full-year results to be ahead of current market expectations.
