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
Notable movers include Goodwin, GSK, Centrica, and HSBC, with GSK climbing 1.2% after acquiring exclusive rights for a preclinical antibody-drug conjugate targeting metastatic prostate cancer.
“I think we’re going to make a deal,”
said US President Donald Trump, as Washington and Beijing agreed on a framework for a trade agreement ahead of a meeting between Trump and China’s President Xi Jinping.
Author's summary: Global rally lifts FTSE 100 sentiment.
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