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.
I think we’re going to make a deal
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.