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British stocks rallied on Monday, responding to the latest positive comments about the likelihood of a U.S.-China trade deal.
U.S. Commerce Sec. Wilbur Ross, in Thailand for a summit, told Bloomberg Television, “we’re in good shape, we’re making good progress.”
The FTSE 100 UKX, +0.92% rose 0.92% to 7369.69.
Gainers included the mining giants that are very sensitive to China’s economic growth prospects, as Glencore GLEN, +4.67% , Rio Tinto RIO, +3.02% and BHP BHP, +2.95% all registered strong gains.
Outside the FTSE 100, GVC GVC, -10.47% , 888 Holdings 888, -13.67% and William WMH, -12.66% dropped sharply as members of Parliament called for limits on online gambling.