India, May 16 -- U.K. stocks are moving higher on Friday as investors continue to cheer the recent tariff agreement between U.S. and China, and news about a positive progress in talks between the EU bloc and U.S. for lowering the tariffs from earlier proposed levels.

The benchmark FTSE 100 was up 62.90 points or 0.73% at 8,696.65 a little while ago.

St. James's Place is rising 4.8%. Pharma stocks AstraZeneca and GSK are gaining 2.1% and 1.8%, respectively.

IAG, Intermediate Capital Group, F&C Investment Trust, Experian, British American Tobacco, Convatec Group, Admiral Group, Pershing Square Holdings, Haleon and Rightmove are up 1 to 2%.

Kingfisher, Marks & Spencer, Hikma Pharmaceuticals, Rentokil Initial, Fresnillo, Endeavour Mining, M...