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* FTSE 100, FTSE 250 up 0.4%
* Sino-U.S. trade hopes rekindled
* Mothercare tanks after placing UK ops in administration
Nov 4 (Reuters) - London's FTSE 100 joined a global stocks
rally on Monday driven by rising hopes of a U.S.-China trade
deal, while baby products retailer Mothercare sank to a record
low after appointing administrators for its UK operations.
The FTSE 100 .FTSE added 0.4% as Asia-focussed banks HSBC
HSBA.L and Standard Chartered STAN.L as well as miners
including Rio Tinto RIO.L firmed after Washington and Beijing
signalled they had made progress in trade talks. The mid-cap FTSE 250 .FTMC also advanced 0.4%.
Struggling retailer Mothercare MTC.L , which has shut a
third of its British stores in the past year due to intense
competition from supermarkets and online retailers, sank 38%.