FTSE 100 up 0.6, FTSE 250 adds 0.4
Travel and leisure stocks lead broad gains
Entain tops FTSE 100 after upbeat online revenue forecast
Labour market data due in the week

Sept 9 Reuters London39;s FTSE 100 rebounded from six sessions of declines on Monday, amid broader gains led by travel and leisure stocks after an upbeat forecast from gambling group Entain, while investors awaited key labour market data later in the week.

The bluechip FTSE 100 was up 0.6 by 0715 GMT, while the midcap FTSE 250 rose 0.4. The FTSE 100 last week posted its worst weekly performance since October 2023.

On Monday, travel and leisure stocks led sectoral gains with a 1.3 rise, pulled up by a 5 rise in Entain after the gambling group said its online revenue growth in the second half of this financial year was ahead of its expectations.

Industrial metal miners and energy shares inched 1.2 and 0.7 higher, respectively, while heavyweight banks advanced 1.1.

Most major subsectors traded higher, with the exception of personal goods that slipped 0.8, weighed down by Burberry that lost 1.7 after Barclays downgraded the stock to underweight from equalweight.

Meanwhile, a survey of recruiters showed that Britain39;s labour market cooled noticeably last month, which could bolster the case for interest rate cuts from the Bank of England.

Investors are focussed on key labour market data and gross domestic product figures out of the country this week, for more clues on the Bank of England39;s…