On Friday, the FTSE 100 dipped 0.2%. Reckitt shares tumbled 16% after a woman was awarded $60 million in damages by a court after she said her baby died after consuming the company’s Enfamil baby formula. During the week, the FTSE 100 added 1%.

Asian markets closed on a positive note as speculation grows that the Bank of Japan (BoJ) may abandon its negative interest rate policy on Tuesday following a two-day policy board meeting.

The US Federal Reserve and the Bank of England are expected to maintain interest rates, with decisions due later in the week.

Marshalls, a UK-based landscaping products company, reported a decline in revenue and a 40% drop in pretax profit for 2023. The company also reduced its final dividend and warned of lower revenue and similar profit levels for 2024, citing subdued activity levels in the first half of the year.

Bytes Technology Group announced double-digit growth in key financial metrics for the fiscal year ended February 29, despite the sudden resignation of CEO Neil Murphy over undisclosed trades. The company expressed shock at Murphy's actions, which contradicted the group's values of openness and transparency.

Haleon, a consumer healthcare firm, saw its shares fall after Pfizer announced its intention to sell approximately 630 million Haleon ordinary shares, reducing its stake to about 24%.

In other news, Easyjet is set to replace Endeavour Mining in the FTSE 100 index, reflecting changes in market capitalization and sector representation within the leading UK stock index.

Investors are awaiting a eurozone consumer price reading and trade balance data, which could influence central bank decisions.

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