ADVFN Daily News

London open London stocks rose in early trade on Wednesday following a positive Asian session, as investors eyed a slew of PMI readings. At 0835 BST, the FTSE 100 was up 0.4% at 7,300.74. PMIs for the eurozone, the UK and the US are all due later in the day. Susannah Streeter, head of money […]

London open: Stocks edge up as investors mull borrowing figures London stocks edged up in early trade on Tuesday after a mostly firmer session on Wall Street, as investors digested the latest UK borrowing figures. At 0825 BST, the FTSE 100 was up 0.2% at 7,271.83. Data released earlier by the Office for National Statistics showed that […]

London open: Stocks edge up but housebuilders slump on Crest Nicholson warning London stocks edged higher in early trade on Monday as investors mulled the latest rate cut by the People’s Bank of China, but housebuilders were under the cosh after a profit warning from Crest Nicholson. At 0825 BST, the FTSE 100 was up 0.2% […]

London open: FTSE 100 hits six-week low on China fears The FTSE 100 was in the red again on Friday, hitting a fresh six-week low as fears about the financial crisis in China worsened overnight. London’s benchmark index was trading 0.6% lower at 7,266 shortly after the opening bell. The index has not closed below […]

London open: Markets rattled by FOMC minutes UK stocks slipped on Thursday, following US and Asian markets lower overnight, as investors reacted to the possibility of further interest-rate hikes by the Federal Reserve. By 0824, the FTSE 100 was down 0.4% at 7,325.14, after closing Wednesday’s session at 7,356.88 – already a five-week low. The […]

London open: Stocks flat as rate-hike fears dampen risk appetite UK stocks were struggling for direction on Wednesday after data showed that core inflation remains stubbornly high, raising fears that the Bank of England may step in to tighten monetary policy even further. After an hour of trade, the FTSE 100 was more or less flat at […]

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London open: Housing stocks pull FTSE lower on rate-hike fears The FTSE 100 dropped in early trade on Tuesday as investors reacted to an unexpected acceleration in UK wage growth and a surprise interest rate cut in China. By 0831 BST, the UK benchmark index was down 0.4% at 7,481, after closing at a one-month […]

London open: Miners drag FTSE 100 into the red Mining stocks were leading UK markets lower in early deals on Monday as renewed concerns about China’s economy dampened sentiment. By 0835 in London, the FTSE 100 was down 0.3% at 7,504.04. Stocks in Asia fell sharply overnight on the back of renewed concerns about China’s property […]

London open: Tentative start for FTSE 100 as markets eye US data The FTSE 100 edged higher in morning trade on Thursday, rising for the second straight session, though gains were limited as investors showed caution ahead of some all-important inflation figures from the US. London’s benchmark index was trading 7 points higher at 7,595.29, […]