FTSE 100 up 0.7, FTSE 250 adds 0.3
Personal goods stocks lead gains
BT Group jumps after India39;s Bharti to buyout top shareholder

Aug 12 Reuters London stocks inched higher on Monday amid broad gains, after rounding off a turbulent week with declines, while resourceslinked stocks and strength in BT Group provided further support.

The bluechip FTSE 100 index was up 0.7, while the midcap FTSE 250 index was up 0.3 by 0711 GMT, after ending with a second consecutive week of declines on Friday.

Most subsectors were trading upwards, with personal goods rising 1.5 and leading gains, pulled up by a 1.6 gain in top player Burberry.

Energy shares gained 1 as oil prices rose for the fifth straight session on easing U.S. recession fears and geopolitical tensions in the Middle East.

Precious metal miners climbed 1.2 as gold prices edged higher.

Construction and materials were the only exception, falling 0.4 weighed down by landscaping and roofing products supplier Marshalls that fell 3.5 after a 19 slump in its halfyearly profit.

On the data front, investors are awaiting the U.S. consumer price index data due on Wednesday to gauge the Federal Reserve39;s stance on interest rate cuts in September.

Reports showing a weak U.S. labour market stoked recession fears in the world39;s largest economy and partly triggered an equity selloff last week.

However, a jobs data reading later in the week suggested that the concerns were overblown, helping sentiment recover amid a…