India, April 9 -- Global markets opened cautiously optimistic as oil prices edged higher following continued uncertainty around the Strait of Hormuz and despite a fragile ceasefire in the Middle East, investors remain alert to geopolitical risks. The UK stock market showed resilience, with major indices trading higher, supported by energy stocks and commodity linked companies. Oil prices climbed 2.1% to $96.81 per barrel, helping boost oil majors and lifting the broader market sentiment however, mixed global cues and falling Asian markets highlighted the fragile nature of investor confidence.

UK Market Snapshot

FTSE 100 (UKX)

The FTSE 100 opened higher at 10,639.70, compared to the previous close of 10,608.88 and the index touched a da...