May 26 2022 @ 07:17
London open: Stocks edge up ahead of Sunak announcement London stocks edged higher in early trade on Thursday as investors awaited an announcement form Chancellor Rishi Sunak, who is expected to unveil a cost-of-living support package amid surging energy bills. At 0855 BST, the FTSE 100 was up 0.2% at 7,537.16, making tentative gains after […]
May 25 2022 @ 05:35
London open: Stocks gain ahead of Fed minutes; SSE powers ahead London equity markets rose in early trade on Wednesday after stocks on Wall Street closed off their lows, as investors eyed the latest minutes from the US Federal Reserve. At 0845 BST, the FTSE 100 was up 0.5% at 7,523.73. Susannah Streeter, senior investment […]
May 24 2022 @ 06:32
London open: Stocks in the red as power firms slide London stocks fell in early trade on Tuesday, with sentiment dented by disappointing results from Snap across the pond, and power firms under the cosh. At 0840 BST, the FTSE 100 was down 0.9% at 7,447.04. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said: “Investors […]
May 23 2022 @ 07:03
London open: Stocks gain as Kingfisher, Moonpig rally London stocks rose in early trade on Monday as investors brushed aside concerns about global growth and inflation, at least for now. At 0850 BST, the FTSE 100 was 0.9% firmer at 7,457.15. Victoria Scholar, head of investment at Interactive Investor, said: “European markets are staging gains this […]
May 21 2022 @ 00:30
Chief Executive Officer and joint founder of Terraform Labs may soon have to face legal action and confiscation of their property. This is coming after the Terra (LUNA) crash which happened the previous week. The Law firm (LKB and Partners) disclosed its intention of taking legal actions against Kwon to the newspaper (Munhwa Illbo) in […]
May 20 2022 @ 06:37
London open: Stocks rise as retail sales beat expectations London stocks rose in early trade on Friday, taking their cue from an upbeat session in Asia, and following the release of better-than-expected retail sales data. At 0825 BST, the FTSE 100 was up 1.1% at 7,384.19, having slumped a day earlier amid worries about inflation […]
May 19 2022 @ 06:23
London open: Stocks slump after Wall Street selloff London equity markets slumped in early trade on Thursday, taking their cue from a weak session on Wall Street, where stocks suffered their worst losses since June 2020. At 0850 BST, the FTSE 100 was 0.9% lower at 7,368.65. Overnight, the S&P 500 closed down 4%, while […]
May 18 2022 @ 09:24
London open: FTSE little changed as inflation hits fresh 40-year high London stocks were little changed in early trade on Wednesday after data showed that UK inflation hit a fresh 40-year high in April. At 0830 BST, the FTSE 100 was flat at 7,521.37, while sterling was down 0.7% against the dollar at 1.2412. Figures […]
May 17 2022 @ 06:54
London open: FTSE, sterling rise as investors mull jobs data London stocks rose in early trade on Tuesday, taking their cue from a positive session in Asia, as investors mulled the latest UK jobs data. At 0900 BST, the FTSE 100 was up 0.5% at 7,502.39, but underperforming its European peers as sterling gained 0.8% […]
May 16 2022 @ 09:07
London open: Stocks fall as China data sparks concerns London stocks edged lower in early trade on Monday as disappointing Chinese data added to concerns about a global slowdown. At 0830 BST, the FTSE 100 was down 0.4% at 7,390.31. Victoria Scholar, head of investment at Interactive Investor, said: “China’s economic data pointed to a notable […]