By Sara Sjolin, MarketWatch
LONDON (MarketWatch) -- The U.K.'s FTSE 100 climbed on Monday,
partly recovering after two straight weeks of losses, with shares
of Tesco PLC and BG Group PLC helping lift the benchmark.
The index gained 0.4% to 6,551.96, after closing with a 1.8%
weekly slide on Friday.
Tesco led the list of advancers, up 2.1%, after the supermarket
chain announced new appointments to its board amid investigations
into an accounting error.
BG Group picked up 1.4%, after news that the oil and gas company
has received a $350 million payment from the Egyptian government,
as the country tries to repay its outstanding debts to the energy
industry.
On a more downbeat note, shares of BHP Billiton PLC (BHP)
slipped 0.2% after the mining giant outlined plans for cutting
costs in Australia.
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