London stocks opened mixed on Monday, with the FTSE 100 edging up 0.1% to 9,651.66, lagging 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, which jumped, and GSK, which gained 1.2% after acquiring exclusive rights for a preclinical antibody-drug conjugate targeting metastatic prostate cancer. Centrica and HSBC fell.
"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 edges up 0.1%.