FTSE Mixed as UK Lags Global Rally
London stocks opened mixed on Monday, with the FTSE 100 edging up 0.1% to 9,651.66 as the UK market lagged a broader global rally driven by optimism over a potential US-China trade deal.
- FTSE 100: 0.1% up to 9,651.66
- FTSE 250: 0.1% down to 22,507.46
- AIM All-Share: 0.2% down to 775.76
Goodwin jumps, GSK gains, while Centrica and HSBC fall.
"I think we're going to make a deal,"
US President Donald Trump said during a visit to Kuala Lumpur, as US Treasury Secretary and China’s Vice Premier wrapped up two days of talks described as “very positive.”
GSK climbed 1.2% after acquiring exclusive rights from French biotech Syndivia for a preclinical antibody-drug conjugate targeting metastatic prostate cancer.
Author's summary: Global optimism lifts FTSE 100 sentiment.