Shell and BP carry FTSE 100 higher as Deliveroo slumps

By Steve Goldstein

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

The FTSE 100 /zigman2/quotes/210598409/delayed UK:UKX +1.19% rose 1% to 7,194.65, boosted as Royal Dutch Shell and BP /zigman2/quotes/202286639/delayed UK:BP +1.09% each got a lift from strength in crude-oil prices /zigman2/quotes/211629951/delayed CL.1 +0.94% .

The London Stock Exchange /zigman2/quotes/206625606/delayed UK:LSEG +1.45% 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 /zigman2/quotes/225812915/delayed UK:ROO +3.40% 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 /zigman2/quotes/216303066/delayed UK:JET +1.57% also dropped.

/zigman2/quotes/210598409/delayed

Add to watchlist UK:UKX

FTSE 100 Index

UK : FTSE UK

7,389.98

+87.24 +1.19%

Volume: 722,321

May 20, 2022 4:56p

/zigman2/quotes/202286639/delayed

Add to watchlist UK:BP

BP PLC

UK : U.K.: London

417.20 p

+4.50 +1.09%

Volume: 32.73M

May 20, 2022 4:35p

P/E Ratio

N/A

Dividend Yield

4.20%

Market Cap

£80.56 billion

Rev. per Employee

£1.74M

/zigman2/quotes/211629951/delayed

Add to watchlist CL.1

Crude Oil WTI (NYM $/bbl) Front Month

US : U.S.: Nymex

$ 111.32

+1.04 +0.94%

Volume: 21,812

May 23, 2022 1:53a

/zigman2/quotes/206625606/delayed

Add to watchlist UK:LSEG

London Stock Exchange Group PLC

UK : U.K.: London

7,270.00 p

+104.00 +1.45%

Volume: 444,247

May 20, 2022 4:35p

P/E Ratio

64.48

Dividend Yield

1.31%

Market Cap

£37.10 billion

Rev. per Employee

£289,755

/zigman2/quotes/225812915/delayed

Add to watchlist UK:ROO

Deliveroo PLC

UK : U.K.: London

£ 93.00

+3.06 +3.40%

Volume: 2.93M

May 20, 2022 4:35p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

£1.73 billion

Rev. per Employee

N/A

/zigman2/quotes/216303066/delayed

Add to watchlist UK:JET

Just Eat Takeaway.com N.V.

UK : U.K.: London

1,692.60 p

+26.20 +1.57%

Volume: 88,357

May 20, 2022 4:35p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

£3.63 billion

Rev. per Employee

N/A