In terms of individual stocks, food operator SSP Group saw a 3.5% increase as it was 增持 by activist investors. Ukrainian mining company Ferrexpo soared 7.9% after being stimulated by the US - Ukraine mineral deal.

Analysts pointed out that the market is currently focused on the progress of US - China negotiations and the resilience of corporate earnings in the short term. However, institutions like Standard Chartered have warned that the potential risks of trade frictions may limit the upside potential of the market.