- Darren Winder, an equity strategist at Oriel Securities Ltd.
U.K. stocks rose on Monday for the fifth time in six days led by Royal Bank of Scotland Group Plc and Falkland Islands explorer Rockhopper Exploration Plc.
The benchmark FTSE 100 index advanced 0.94%, or 54.01 points, to 5,782.56. The FTSE All-Share Index climbed 0.86%, or 25.54 points, to 2,980.33.
"Based on our assessment of the outlook for global economic activity, which shows weakness in the euro area being largely offset by stronger growth in the U.S., we believe the risks to current 2012 profit forecasts are more evenly balanced than implied by current valuations," said Darren Winder, an equity strategist at Oriel Securities Ltd.
© Dukascopy Bank