FTSE 100, FTSE 250 add 0.3
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June 20 Reuters London39;s FTSE 100 rose on Monday, boosted by gains in energy and financial stocks, after the bluechip index posted its third straight weekly drop on sluggish economic growth worries.

The index and the domestically focused FTSE 250 index were up 0.3 each. BP and Shell gained 0.8 and 1.3, respectively, as crude prices rose amid tightening global supplies.

London39;s main share index fell last week on escalating worries about a recession and bets of bigger interest rate hikes after a cautious raise by the Bank of England.

This is a reprieve after the poor performance last week it39;s hard to find positive economic news and any rallies are expressions of relief that things haven39;t got materially worse, said Stuart Cole, headmacro economist, Equiti Capital.

Focus is now on UK consumer price index data due Wednesday and PMI, as well as retail sales readings due later this week.

It would take a brave person to suggest the outlook is looking brighter this morning, given that CPI is expected to continue its rise…, while retail sales numbers are likely to show consumers tightening their belts and reigning in on consumption as the cost of living crisis bites ever deeper, said Cole.

Miners slipped 1.8 after copper prices tumbled on fears that a potential recession…