India, June 23 -- The FTSE 100 benchmark of the London Stock Exchange outperformed its peers in the region with lower losses in the wake of the sharp escalation in Middle East tensions over the course of the weekend. The FTSE 100 benchmark of the London Stock Exchange is trading with losses of close to a quarter percent whereas Germany's DAX declined more than half a percent and France's CAC 40 declined close to a percent.
The uptick in PMI readings from both the manufacturing sector and the services sector helped limit losses. While manufacturing PMI exceeded expectations, the services PMI matched market consensus.
The FTSE 100 which had closed at 8,774.65 on Friday traded between 8,787.06 and 8,741.40 on Monday.
The index is currently ...