FTSE 100 Posts Longest Winning Streak In More Than 5 Years,

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Entain gains after BetMGM swings to benefit


Deliveroo leaps 17% after takeover proposition


FTSE 100 flat, FTSE 250 gains 0.6%


(Updates after markets close)


April 28 (Reuters) - British equities ended higher on Monday with heavyweight healthcare companies leading gains in the benchmark index, while U.S. trade policy advancements stayed in focus.


The blue-chip FTSE 100 was nearly flat however posted its 11th successive winning session. The index also published its longest winning streak since December 2019.


The midcap FTSE 250 got 0.6%.


Healthcare stocks acquired 1.1%, with AstraZeneca and GSK boosting the highest gains in the FTSE 100, up 1.2% and 1.4% respectively.


Market belief was supported by indications of relieving U.S.-China trade tensions recently. However, unpredictabilities about the worldwide trade war continued.


Entain completed up 6.8%, after the British betting firm's joint endeavor with MGM Resorts, BetMGM, swung to first-quarter profit in an e-betting surge.


Deliveroo leapt 16.5%, leading the gains on the midcap index, after validating on Friday that it had gotten a takeover proposition from U.S. peer DoorDash on April 5.


On the data side, British retail sales volumes fell by the smallest quantity considering that October this month however shops anticipate conditions to aggravate next month, according to a study that showed issues about development and consumer self-confidence.


Britain has proposed a broad declaration of shared worths with the European Union that stresses support for Ukraine's territorial integrity, the Paris Climate Agreement and open and free trade, according to a draft document seen by Reuters.


Although it does not point out the Trump administration by name, several aspects of the text present a striking contrast to current U.S. policies.


Separately, trade ministers of UK and India began 2 days of speak with conclude more than three years of settlements on a trade pact, under additional pressure to reach an offer due to the fact that of U.S. President Donald Trump's tariffs on exports to the U.S. (Reporting by Sanchayaita Roy and Ragini Mathur in Bengaluru; Editing by Varun H K, William Maclean)