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.
- Goodwin jumps
- GSK gains
- 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 Scott Bessent and China’s Vice Premier He Lifeng 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 sentiment.
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