Entain gains after BetMGM swings to profit
Deliveroo jumps 17% after DoorDash takeover proposition
FTSE 100 flat, FTSE 250 gains 0.6%
(Updates after markets close)
April 28 (Reuters) - British equities ended higher on Monday with heavyweight healthcare companies leading gains in the benchmark index, while U.S. trade policy advancements remained in focus.
The blue-chip FTSE 100 was almost flat however published its 11th successive winning session. The index also posted its longest winning streak because December 2019.
The midcap FTSE 250 got 0.6%.
Healthcare stocks gained 1.1%, with AstraZeneca and GSK enhancing the highest gains in the FTSE 100, up 1.2% and 1.4% respectively.
Market sentiment was supported by signs of easing U.S.-China trade stress recently. However, unpredictabilities about the worldwide trade war continued.
Entain finished up 6.8%, after the British betting company's joint endeavor with MGM Resorts, BetMGM, swung to first-quarter earnings in an e-betting surge.
Deliveroo jumped 16.5%, the gains on the midcap index, after verifying on Friday that it had gotten a takeover proposal from U.S. peer DoorDash on April 5.
On the data side, British retail sales volumes fell by the tiniest amount given that October this month but shops expect conditions to aggravate next month, according to a study that reflected concerns about development and consumer self-confidence.
Britain has actually proposed a broad declaration of shared values with the European Union that emphasises support for Ukraine's territorial integrity, the Paris Climate Agreement and open and totally free trade, according to a draft document seen by Reuters.
Although it does not discuss the Trump administration by name, a number of components of the text provide a striking contrast to current U.S. policies.
Separately, trade ministers of UK and India started 2 days of talks to conclude more than 3 years of negotiations on a trade pact, under additional pressure to reach a deal since of U.S. President Donald Trump's tariffs on exports to the U.S. (Reporting by Sanchayaita Roy and Ragini Mathur in Bengaluru; Editing by Varun H K, William Maclean)
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FTSE 100 Posts Longest Winning Streak in more than 5 Years,
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