Jan 17 2017 @ 05:30
London open: Stocks edge lower ahead of May speech, inflation figures Stocks in London edged lower in early trade as investors eyed the release of UK inflation data and a speech by Prime Minister Theresa May on her plans for Brexit. At 0830 GMT, the FTSE 100 was down 0.3% to 7,305.56. Meanwhile, oil prices […]
Jan 16 2017 @ 06:22
London open: Stocks dip lower in early trading London stocks were trading slightly lower despite a weaker pound, which fell overnight amid growing concerns about a ‘hard’ Brexit. As of 0854 GMT, the FTSE 100 was trading lower by 0.05% or 5.43 points from Friday’s close at 7,333.78. The pound dropped below $1.20 for the […]
Jan 13 2017 @ 05:15
London open: Shares rise despite mixed Chinese trade data Stocks started the day slightly higher despite the release of weaker than expected Chinese trade data as investors looked ahead to some key US bank earnings reports and a barrage of economic data. As of 0840 GMT the Footsie was trading 0.37% higher at 7,319.34. Asia´s […]
Jan 12 2017 @ 05:06
London open: Stocks edge lower amid deluge of retail updates Stocks in London edged lower in early trade as investors sank their teeth into a deluge of corporate releases, with retailers in focus following updates from Marks & Spencer, Tesco, Primark owner Associated British Foods, JD Sports, and Debenhams, among others. At 0830 GMT, the […]
Jan 11 2017 @ 05:44
London open: Stocks flat as investors eye data, Trump conference Stocks in London were steady in early trade as investors eyed the release of UK manufacturing and industrial production numbers and a speech by US President-elect Donald Trump, while sifting through corporate news. At 0830 GMT, the FTSE 100 was flat at 7,277.19. Meanwhile, oil […]
Jan 10 2017 @ 04:56
London open: Stocks nudge higher as Morrisons rallies Stocks in London nudged higher at the open after the index hit another record high in the previous session, with miners boosted by encouraging Chinese data, while the pound remained under pressure on the back of Brexit concerns. At 0830 GMT, the FTSE 100 was up 0.2% […]
Jan 09 2017 @ 06:43
London open: Stocks edge higher as pound hit by May’s Brexit comments London stocks were a little higher in early trade, taking their cue from a strong close in the US at the end of last week and getting some support from a weaker pound, amid worries about a ‘hard Brexit’ following comments from Prime […]
Jan 06 2017 @ 05:20
London open: Stocks nudge lower as investors await non-farm payrolls Stocks in London nudged lower in early trade as investors erred on the side of caution ahead of the US non-farm payrolls report. At 0830 GMT, the FTSE 100 was down 0.2% to 7,184.38. On Thursday, the index hit its sixth consecutive all-time high. Meanwhile, […]
Jan 05 2017 @ 05:21
London open: Stocks little changed but miners and housebuilders gain London stocks were little changed in early trade as investors digested the latest Federal Reserve minutes and looked ahead to UK services data and some key US jobs figures, although miners and housebuilders racked up healthy gains. At 0830 GMT, the FTSE 100 was flat […]
Jan 04 2017 @ 04:50
London open: Stocks little changed; Next tumbles as it cuts profit guidance Stocks in London were little changed at the open after hitting fresh record highs in the previous session, with clothing retailer Next under pressure as it cut its profit guidance. At 0830 GMT, the FTSE 100 was flat at 7,174.28. Meanwhile, oil prices […]