Following worries over devastating situation of European economy, London’s leading share index booked a profit on Monday morning trade. It has been reported that the FTSE 100 Index was 68 points higher at 5109.5 on Monday, after closing 1% down on Friday and experiencing its biggest points fall in nearly three years on Thursday.

Although the whole Asia market traded on a weaker note, investors were seen trading fearlessly on London’s share index. On Monday, the markets of Asia were quite low. Hong Kong's Hang Seng was sown by 1%, and Japan's Nikkei 225 was lower more than 1%. It is believed that worries over America’s economy occupied investors mind dye to which markets of almost whole Asia slopped down.

Meanwhile, it has been reported that Colonel Muammar Gaddafi's 40-year rule in Libya is on the edge of collapse. Following the speculation over Libya, the prices of oil fell down. However, Brent crude in London plunged more than 3% to 106.05 US dollars a barrel, while US sweet crude fell nearly 1% to 81.79 US dollars.

On this occasion, London based oilfield services company, Petrofac, announced increase in its net profit by 6.6%. The shares of the company were also seen trading upward at 1210p.