Wall Street

FTSE 100 hits one-month high, Countryside soars after takeover approach

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Reuters UK

(Reuters) -UK’s FTSE 100 hit over one-month highs on Monday, as an easing of China’s COVID-19 curbs lifted spirits across Asian and European markets, while Countryside soared after its shareholder made a second approach to buy the homebuilder. The blue-chip FTSE 100 climbed 0.4% to hit its highest level since April 22, while the midcap index jumped 1.3% to hit its highest since May 3. Asian and European stocks gained on news that Shanghai authorities will cancel many conditions for businesses to resume work from Wednesday, easing a city-wide lockdown that began two months ago. “A reopening of …

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