- Positive progress over the weekend between the US and China in a bid to avoid a potential trade war helped lift the FTSE 100 by 0.8% to 7,839 around midday.

Amid big gains for the dollar, advertising giant WPP (WPP) increased 1.8% to £13.49. Miner Anglo American (AAL) was also among the biggest risers, up 2.1% at £18.98.

Brent crude oil was flat at $78.62 per barrel.


Budget airline Ryanair (RYA) rose 4.3% to €16.17 despite reporting a series of headwinds and higher costs are expected to drag profits to a range of €1.25bn to €1.35bn in the year to 31 March 2019, down from €1.37bn.

Pharma giant AstraZeneca (AZN) announced the US Food and Drug Administration approved its hyperkalaemia drug for a serious condition associated with higher levels of potassium in the blood. Its shares received a 2.2% boost to £53.58.

Leisure property investor NewRiver REIT (NRR) was flat at 267.5p after confirming speculation it is in talks to acquire community pubs group Hawthorn.

Gambling software supplier Playtech (PTEC) ticked 1.4% higher to 811.6p following the approval of its proposed acquisition of Snaitech by the Italian gaming regulatory authorities.

Document management specialist Restore (RST) fell 5.4% to 520p after revealing its full year expectations were unchanged despite pressure on its shredding division.


Healthcare equipment business AorTech (AOR) plummeted 15.3% to 37.2p in response to the implied dilution from a £2.1m share placing and £0.5m open offer.

Radio mesh networks company CyanConnode (CYAN) revealed wider operating losses and lower sales in 2017, dragging its shares 16.4% lower to 9.4p.

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