11 Jun 2024 @ 19:43
London open: Stocks edge up as investors mull jobs data London stocks edged higher in early trade on Tuesday as data showed that UK wages grew faster than expected in the three months to April. At 0835 BST, the FTSE 100 was up 0.2% at 8,243.90. According to the Office for National Statistics, total pay including […]
10 Jun 2024 @ 21:34
London open: Political instability hits stocks early on UK stocks followed European markets lower on Monday with investor risk appetite dampened by election news from the continent as far-right parties advanced. “A combination of the unexpected news from overseas and a lack of buying appetite led to a weaker opening for the premier index, with […]
06 Jun 2024 @ 19:36
London open: Stocks nudge up ahead of ECB announcement London stocks nudged up in early trade on Thursday following an upbeat close on Wall Street, as investors awaited an expected 25 basis points rate cut from the European Central Bank. At 0900 BST, the FTSE 100 was up 0.1% at 8,252.26. Sophie Lund-Yates, lead equity […]
05 Jun 2024 @ 19:37
London open: Stocks gain on US rate cut hopes London stocks rose in early trade on Wednesday as weaker-than-expected US jobs data fuelled expectations of a rate cut by the Federal Reserve later this year. At 0840 BST, the FTSE 100 was 0.3% firmer at 8,253.52. Susannah Streeter, head of money and markets at Hargreaves Lansdown, […]
04 Jun 2024 @ 19:44
London open: Stocks in the red as oil giants hit by falling prices London stocks fell in early trade on Tuesday, with oil giants under the cosh as oil prices retreated. At 0835 BST, the FTSE 100 was down 0.3% at 8,236.04. Investors were mulling industry data showing that UK retail sales inched higher in […]
03 Jun 2024 @ 19:36
London open: Stocks gain ahead of UK manufacturing data London stocks rose in early trade on Monday, taking their cue from a positive session in Asia, as investors eyed the latest UK manufacturing reading. At 0845 BST, the FTSE 100 was up 0.3% at 8,297.08. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: […]
31 May 2024 @ 19:36
London open: Stocks nudge up ahead of US PCE London stocks nudged up in early trade on Friday as investors mulled the latest UK house price and retail footfall data and eyed the release of US CPE figures. At 0830 BST, the FTSE 100 was up 0.1% at 8,239.45. Data released earlier by Nationwide showed that house […]
30 May 2024 @ 19:36
London open: Stocks edge down as investors eye US GDP, PCE London stocks edged lower in early trade on Thursday as worries that rates will stay higher for longer continued to dent sentiment, with attention turning to upcoming US GDP and PCE figures. At 0830 BST, the FTSE 100 was down 0.2% at 8,168.95. Investors […]
29 May 2024 @ 19:36
London open: Stocks fall but IDS jumps on takeover deal London stocks fell in early trade on Wednesday, taking their cue from a downbeat session in Asia, but IDS bucked the trend after the Royal Mail owner accepted a takeover offer. At 0900 BST, the FTSE 100 was down 0.3% at 8,233.37. Susannah Streeter, head of money […]
28 May 2024 @ 19:36
London open: Stocks edge lower; Persimmon said to weigh bid for Cala London stocks edged lower in early trade on Tuesday as traders returned to their desks after the long weekend. At 0910 BST, the FTSE 100 was down 0.2% at 8,305.03. Guy Lawson-Johns, equity analyst at Hargreaves Lansdown, said: “Last week’s election announcement is causing […]