UK Market News: The UK stock market traded in green on Monday, with the blue-chip FTSE 100 index hovered near two-month highs boosted by economically sensitive commodity and banking stocks after upbeat U.S. and Chinese economic data eased fear about an imminent global recession. The Don’t Pay UK group is calling for action against rising energy bills with already 80,000 pledges to refuse payments.
Hargreaves Lansdown Plc (LON: HL.): The share of financial services company, Hargreaves Lansdown Plc were up by around 7.5%, with a day’s high of GBX 966.40. The company has beat its annual profit expectations helped by better cost management.
PageGroup Plc (LON: PAGE): The share of UK-based recruitment business, PageGroup Plc fell by around 41%, with a day’s low of GBX 401.80. The company reported a 79.3% jump in half-year operating profit even after the economy deal with high inflation and risks of a slowdown.