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 +0.83% rose 1% to 7,194.65, boosted as Royal Dutch Shell /zigman2/quotes/204253697/delayed UK:RDSB +2.38% and BP /zigman2/quotes/202286639/delayed UK:BP +2.75% each got a lift from strength in crude-oil prices /zigman2/quotes/211629951/delayed CL.1 +0.59% .
The London Stock Exchange /zigman2/quotes/206625606/delayed UK:LSEG +0.65% 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 -1.29% 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 -4.39% also dropped.