Mining giants like Anglo American, Rio Tinto, and Glencore led the charge, alongside United Utilities. Melrose Industries topped the blue-chip index, with shares leaping over 8% after GKN Aerospace confirmed its £700 million profit target for 2025.

Elementis shares climbed 3% following CEO Paul Waterman’s resignation announcement. Burberry continued its ascent, gaining 3% after unveiling a turnaround plan last week. Imperial Brands is poised to report earnings growth despite the UK's anti-smoking measures. Analysts forecast revenues of £8 billion for the year ending September, marking a nearly 3% increase from the previous year. 

This week promises a flurry of economic data and corporate reports. The UK inflation rate for October, expected later today, is predicted to climb to 2.2% from 1.7%. Public sector borrowing and retail sales figures are also on the docket. Corporate reports include Imperial Brands on Tuesday, Severn Trent and British Land on Wednesday, and Royal Mail owner IDS on Thursday.

On the global stage, Nvidia will release its quarterly figures after Wall Street closes on Wednesday. The FTSE 100's modest rise comes despite Wall Street's lackluster performance on Friday, where the S&P 500 and Nasdaq Composite both experienced notable declines. This was driven by robust retail sales data and remarks from Federal Reserve officials, which dampened hopes for a December rate cut.

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