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London open: Stocks decline on weak Chinese trade data UK stocks declined on Tuesday as poor Chinese trade data added to worries about the health of the world’s second largest economy. Chinese exports plunged 25.4% in February from a year earlier, marking the biggest slump in more than five years and compared to analysts’ expectations […]

London open: Stocks decline as BIS warns of “gathering storm” in global economy The FTSE 100 was on the back foot on Monday after the Bank of International Settlements (BIS) warned of a “gathering storm” in the global economy. In its latest quarterly report Swiss-based bank BIS said the global economy could spiral downwards as […]

London open: Stocks gain on rally in miners The FTSE 100 started Friday on the front foot as mining stocks rallied on the back of an increase in metal and oil prices. Glencore, Anglo America, Antofagasta, BHP Billiton and Rio Tinto led the gains on London’s top tier index, bolstered by a rise in gold, […]

London open: Stocks drop as China services PMI falls UK stocks declined on Thursday as a report showed Chinese services activity slowed in February. Caixin’s purchasing managers’ index on China services fell to 51.2 in February from 52.4 in January, although remaining above the 50 level that separates an expansion from a contraction. “Of course […]

London open: Stocks gain ahead of UK construction PMI London stocks rose on Wednesday ahead of a report on UK construction that is expected to show growth in sector activity accelerated in February. Markit’s purchasing managers’ index on UK construction, released at 0930 GMT, is expected to rise to 55.0 in February from 50.0 the […]

London open: Stocks rebound as oil prices rally UK stocks rebounded on Tuesday from declines a day earlier as oil prices jumped after Saudi Arabia said it would work with other producers to limit market volatility. Brent crude rose 0.76% to $36.85 per barrel and West Texas Intermediate crude gained 1.14% to $34.14 per barrel […]

London open: Stocks slump on G20 China stimulus disappointment UK stocks declined on Monday on disappointment at the lack of specific stimulus plans for China’s flagging economy at the G20 meeting in Shanghai. Investors had been hoping China’s government would announce measures to boost the economy over the weekend after People’s Bank of China chief […]

London open: Stocks rebound as investors sift through corporate earnings London stocks rebounded on Thursday, led by banking shares after Lloyds Banking Group reported its full year results. Lloyds was the top riser on the FTSE 100 as it announced a £2bn dividend payout despite posting a fall in 2015 profit and having to cough […]

London open: Stocks slide on fall in oil prices, Brexit fears UK equities declined on Wednesday as another slide in oil prices and fears over the consequences of a possible Brexit weighed on investor sentiment. Oil prices fell on doubts that global producers will reach a deal proposed by Russia and Saudi Arabia to freeze […]

London open: Standard Chartered and BHP Billiton lead equities lower UK stocks fell on Tuesday, led by declines in Standard Chartered and BHP Billiton following weak financials from both. BHP Billiton dragged mining stocks lower after swinging to a loss for the first time in more than 16 years. The group posted a loss of […]