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FTSE 100 gains on positive trade comments, IAG rises

Published 25/11/2019, 09:34
© Reuters.  FTSE 100 gains on positive trade comments, IAG rises
UK100
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HSBA
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FTMC
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FTNMX551030
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ICAG
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(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

* FTSE 100 up 0.6%, FTSE 250 up 0.4%

* Miners, financials boost benchmark index

* IAG up on preliminary deal with pilots union

Nov 25 (Reuters) - Britain's FTSE 100 rose on Monday as

investors were hopeful that there would be some progress to end

the prolonged U.S.-China trade war, while British Airways-owner

IAG gained on securing a preliminary deal to end a dispute with

its pilots.

The FTSE 100 .FTSE increased 0.6% after rising more than

1% in the previous session, with global miners .FTNMX1770 and

Asia-focused HSBC HSBA.L providing the biggest boost, after

U.S. national security adviser Robert O'Brien said an initial

trade deal was still possible by the end of the year.

The FTSE 250 .FTMC was up 0.4% at 0817 GMT.

IAG ICAG.L rose 1.4% after British Airways and its pilots

union BALPA reached a preliminary agreement to end the pay

dispute that resulted in the first walkout by pilots in the

airline's history.

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