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* Vodafone jumps as UAE group buys 9.8% stake
* Ryanair slides after flagging 'fragile' recovery
* Weak China data keeps global sentiment in check
* FTSE 100 up 0.6%, FTSE 250 flat
May 16 (Reuters) - UK's blue-chip index rose on Monday,
aided by gains in healthcare and resource-linked stocks, though
subdued data from China stoked slowdown concerns in the world's
second-largest economy and kept sentiment in check.
The FTSE 100 index ended 0.6% higher, with
pharmaceutical giants such as AstraZeneca and
GlaxoSmithKline and oil majors Shell and BP
among top boosts.
Data showed that China's retail and factory activity fell
sharply in April as wide COVID-19 lockdowns confined workers and
consumers to their homes and severely disrupted supply chains.
"It's no secret that there is some growth downside in China
because of the zero-COVID strategy, so continue to expect the
negative impact on data," Karim Chedid, head of investment
strategy for iShares EMEA at BlackRock, said.
"The question is whether we've already seen the worst impact
of the data."
Big miners including Glencore and Antofagasta
rose along with industrial metal prices as China, the
world's top metals consumer, set out plans to ease COVID-19
restrictions.
Consumer companies Unilever and Reckitt Benckiser
were the biggest drags on the FTSE 100.
The domestically focussed midcap index ended flat.
Vodafone jumped 1.9% after telecoms group e&
bought a 9.8% stake in the company for $4.4
billion.
Ryanair fell 0.2% after the airlines group said it
was impossible to give a detailed forecast beyond hoping to
return to "reasonable profitability" this year amid
uncertainties over COVID-19 and the Ukraine war.
Technical products and services provider Diploma
slid 5.7% after first-half results.
British baker and fast food chain Greggs slipped
0.5% after it said cost pressures were increasing as it reported
a rise in first-quarter sales.
Bank of England Governor Andrew Bailey said he was "not at
all happy" about the surge in inflation in Britain but added
that he did not think the central bank could have done anything
differently to prevent it.
(Reporting by Sruthi Shankar and Amal S in Bengaluru; Editing
by Aditya Soni, Rashmi Aich and Andrew Heavens)