India, June 27 -- The U.K. market is moderately higher Friday afternoon, led by gains in stocks from financials and healthcare sectors. Easing concerns about U.S.-China trade tensions, and Mid-East worries contribute to the firm undertone in the market.
A White House official said the United States has struck a deal with China to expedite rare earth shipments, marking a significant step towards resolving their ongoing trade war.
Beijing said Washington would lift "restrictive measures" while Beijing would "review and approve" items under export controls.
The benchmark FTSE 100 was up 52.25 points or 0.6% at 8,787.85 a little while ago.
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