- UK stocks opened higher on Monday, led by miners, amid rising hopes that the US and China can manage to forge a trade deal.

At 0852, the benchmark FTSE 100 index was up 32.66 points, or 0.5%, at 7.335.08.

Glencore, BHP and Antofagasta led miners higher, with gains of 2.9%, 2.2% and 2.1%, respectively.

British Airways owner International Consolidated Airlines rose 1.7% to 551.86p on announcing that Spanish unit Iberia had agreed to acquire rival Spanish carrier Air Europa for €1bn.

Budget carrier Ryanair gained 4.8% to 13.08c as it reported a flat first-half profit and narrowed its guidance range for the full year.

Infant merchandise retailer Mothercare slumped 27% to 8.22p on news that it would place its loss-making UK retailing operation, which currently has 79 stores, into administration.

The company's profitable international business would not be affected by the move, it added.

Food delivery group Just Eat rose 0.2% to 738.8p after takeover suitor changed the structure of its offer from a court-sanctioned scheme of arrangement to a bid with a 75% acceptance level.

Marston's gained 0.6% to 123.9p on agreeing to sell 137 pubs for £44.9m to Admiral Taverns to cut debt.

Insurance company Hiscox reversed 1.8% to £14.49 as claims surged above budget for the second half, owing to storms in the US, the Caribbean and Japan.

Advertising company S4 Capital added 0.9% to 167.5p as its gross profit rose 50% in the third quarter amid stronger sales.

Woodford Patient Capital Trust fell 3.6% to 35.52p after announcing that its net asset value per would fall due amended valuations of two of its portfolio companies.

Flexible office space provider IWG climbed 2.2% to 391.5p as it entered into a franchise agreement to sell its workspace business in Switzerland for 120m Swiss francs (£94m).

Payments group Equiniti firmed 0.4% to 219.6p on news that it had acquired transfer agent Corporate Stock Transfer in a bid to boost its US operations, for an undisclosed sum.

Video game develop Team17 gained 2.9% to 306p on announcing that it expected its adjusted operating earnings and its revenue to be ahead of market expectations for its full year through December.

Story provided by