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.
The FTSE 250 dipped 0.1% to 22,507.46, while the AIM All-Share slipped 0.2% to 775.76.
Notable movers included 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,”
US President Donald Trump said, 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: FTSE 100 steady amid global optimism.
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