Trainline jumps on raising annual forecast
All eyes on Oct 30 budget
FTSE 100 up 0.2, FTSE 250 adds 0.4

Oct 28 Reuters The UK39;s benchmark FTSE 100 index rose on Monday, led by travel and leisure shares as Trainline jumped following a guidance upgrade, but remained under some selling pressure from energy shares tracking lower oil prices.

The bluechip FTSE 100 was up 0.2 by 0900 GMT, while the midcap FTSE 250 rose 0.4.

Travel and leisure sector rose 2 after the online train ticket seller Trainline advanced 10.5. The company raised its fullyear revenue forecast and now expects annual revenue to grow 1113, up from an earlier view of the topend of 711 range.

Shares of EasyJet and British Airwaysowner IAG were up by 4.1 and 2.5, respectively, boosted by the prospect of lower fuel costs.

London stocks ended the week with losses on Friday as investors assessed a mixed bag of earnings and investors awaited the first budget from the country39;s new government On Oct. 30.

Energy shares tumbled 1.8 as oil prices slid more than 3 a barrel after Israel39;s retaliatory strike on Iran over the weekend bypassed Tehran39;s oil and nuclear facilities and did not disrupt energy supplies.

Both BP and Shell were down nearly 1.7 each, weighing on the index.

Hurting gains further, precious metal miners were down 1.3 tracking lower gold prices against a stronger U.S. dollar.

Meanwhile, British business confidence sank to a fourmonth low in October ahead of the first budget plan from…