London stocks are exhibiting a varied performance in cautious trading on Monday, as investors anticipate new economic data for guidance on market direction. Concerns regarding the AI bubble and ambiguity surrounding forthcoming policy actions of prominent central banks, such as the Federal Reserve, further enhance the prevailing cautious sentiment in the market.

The benchmark index was down 22.68 points or 0.22% at 9,675.69 shortly after midday. WPP is experiencing an increase of approximately 5.3% following reports that the Dutch communications group Havas has expressed significant interest in a potential transaction. Where as –

• Pershing Square Holdings has increased by 2.5%, while
  British American Tobacco has risen by 2.3%.
• Burberry Group has experienced a decline of 3.65%.
• Entain, 3i Group, SSE, Melrose Industries, RightMove, Compass Group,
  Fresnillo, and BAE Systems are experiencing notable increases in their performance.

Associated British Foods, IAG, Marks & Spencer, Whitbread, Anglo American Plc, Easyjet, Next, Informa, Convatec Group, Berkeley Group Holdings, Beazley, and Antofagasta are all experiencing a decline.