ADVFN Daily News

London open: Stocks edge down; AB Foods slumps on update London stocks fell in early trade on Thursday, having opened in the black, as investors digested news that China had cut lending rates. At 0935 GMT, the FTSE 100 was down 0.4% at 7,563.32. Neil Wilson, chief market analyst at Markets.com, said: “After a decent start […]

London open: FTSE falls as inflation surges to highest since 1992 London stocks fell in early trade on Wednesday as data showed that UK inflation jumped to its highest level in nearly three decades in December, making a February rate hike increasingly likely. At 0830 GMT, the FTSE 100 was down 0.3% at 7,544.48, while […]

London open: Stocks in the red as investors mull jobs data London stocks fell in early trade on Tuesday following strong gains in the previous session, as investor digested the latest UK jobs data. At 0835 GMT, the FTSE 100 was down 0.6% at 7,569.21. Victoria Scholar, head of Investment at Interactive Investor, said: “European markets […]

London open: FTSE heads higher; Glaxo paces advance on deal news London stocks rose in early trade on Monday, with pharmaceuticals giant GlaxoSmithKline pacing the advance after confirming it had rejected an offer from Unilever for its consumer healthcare arm. At 0840 GMT, the FTSE 100 was up 0.6% at 7,591.46. Investors were mulling a survey out earlier showing […]

London open: Stocks little changed as investors digest GDP London stocks were little changed in early trade on Friday as investors digested better-than-expected UK GDP data. At 0840 GMT, the FTSE 100 was down 0.1% at 7,554.28, while sterling was up 0.2% against the dollar at 1.3733. According to figures released earlier by the Office for […]

London open: Shares dip as M&S and Tesco fail to impress London stocks dipped in early trade on Thursday as investors waded through a deluge of corporate news, with retailers in focus after updates from Marks & Spencer and Tesco failed to impress. At 0855 GMT, the FTSE 100 was down 0.1% at 7,541.11. Victoria Scholar, head of investment […]

London open: Stocks rise as Powell comments soothe nerves London stocks rose in early trade on Wednesday as investors welcomed less hawkish comments from US Federal Reserve chair Jerome Powell. At 0850 GMT, the FTSE 100 was up 0.7% at 7,542.01. Marc Kimsey, equity trader at Frederick & Oliver, said: “We’re seeing strong demand for UK-listed […]

London open: FTSE nudges down as housebuilders slide London stocks nudged lower in early trade on Monday, with housebuilders under the cosh. At 0840 GMT, the FTSE 100 was down 0.1% at 7,481.30. Richard Hunter, head of markets at Interactive Investor, said: “The initial exuberance of the New Year was soon replaced by a more wary […]

London open: FTSE little changed as investors eye payrolls London stocks were little changed in early trade on Friday following heavy losses in the previous session, as investors paused for breath ahead of the latest US non-farm payrolls report. At 0850 GMT, the FTSE 100 was down just 0.1% at 7,445.40. CMC Markets analyst Michael Hewson […]

London open: Stocks drop after hawkish Fed minutes London stocks slid in early trade on Thursday following hawkish Federal Reserve minutes. At 0830 GMT, the FTSE 100 was down 1.1% at 7,435.72. Overnight, the latest minutes form the Fed revealed that it may raise rates sooner than expected to tackle rising inflation. CMC Markets analyst Michael […]