China data, softer pound buoy FTSE; Ted Baker slips
Share:
(Reuters) - London's FTSE 100 rebounded on Monday after a near 1% drop in the previous session, with heavyweight components boosted by upbeat Chinese manufacturing activity and a weaker pound, while Ted Baker slid on overstated inventory.The FTSE 100 advanced 0.5%, driven by gains in miners and oil majors Shell and BP . The gains owed much to surveys of China's factory activity, which beat forecasts with one showing the quickest pace of expansion in almost three years in November.The pound..