After closing down last week, UK's FTSE 100
traded flat on Monday. UK stocks fluctuated on the first trading day as
European FM's held a meeting discussing bailout funding through IMF. On the
upside were Imperial Tobacco adding 1.68% and British American Tobacco PLC gaining
0.42% as investors supported companies less linked to economic development. Downside
pressure came from resource stocks with BP PLC giving away 1.7% and Tullow Oil
PLC tumbling 1.4%. At the moment of writing FTSE is flat at 5,388.67.