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London open: Stocks gain on China measures UK stocks gained on Monday as China’s central bank introduced measures to stem capital outflows. The People’s Bank of China said on Monday it will start implementing a reserve requirement ratio (RRR) on offshore banks’ domestic deposits to restrict speculation on further depreciation of the yuan. Global financial […]

London open: Stocks decline as China enters bear market UK stocks declined on Friday following another loss in Asia as China entered a bear market. The Shanghai Composite Index fell 3.5% at the close, falling more than 20% from its December high, amid concerns about the volatility. The index was also weighed down by a […]

London open: MPC may surprise with dovish tone, analysts say London’s top flight index dropped sharply early on Thursday morning, following a bruising session on Wall Street and with investors and traders focused on the Monetary Policy Committee announcement at noon. As of 08:38GMT the Footsie was down by 89.76 points to 5,871.21. To take note […]

London open: Stocks gain after better-than-forecast China trade data London stocks gained on Wednesday after Chinese trade data came in better than expected. China’s trade surplus widened to 382.05bn yuan in December from 343.10bn yuan in November, beating analysts’ forecasts of 338.80bn yuan. Exports rose unexpectedly by 2.3% in December following a 3.7% dip a […]

London open: Stocks gain as supermarkets rally, yuan strengthens London stocks started on the front foot on Tuesday, driven by retailers after better-than-expected trading updates from Wm Morrison Supermarkets and Debenhams. Shares in Morrisons gained after the supermarket delivered like-for-like (LFL) sales growth of 0.2% in the nine weeks to 3 January, miles ahead of […]

London open: Stocks gain on China stimulus hopes UK equities climbed on Monday as investors shrugged off another negative session in Asia. Chinese stocks declined as oil prices continued to fall and a report over the weekend showed producer prices remained in deflation. “While China’s Yuan currency was fixed slightly firmer, note Saturday’s Chinese inflation […]

London open: Stocks rebound as China scraps circuit-breaker rule London stocks rebounded on Friday as oil prices reversed declines in the previous session and confidence grew on new measures in China. Brent crude rose 1.6% to $34.33 per barrel while West Texas Intermediate increased 1.3% to $33.72 per barrel at 0851 GMT. Chinese stocks closed […]

London open: Stocks slip on China and oil price worries UK stocks fell on Thursday as concerns over China’s troubles escalated and as oil prices collapsed. Chinese trading in mainland markets was halted for the day after shares fell more than 7% for the second time this week. The country’s “circuit-breaker” rule kicked in the […]

London open: Stocks fall on China woes, geopolitical tensions, oil price slump London stocks declined on Wednesday as Chinese service activity growth eased, oil prices continued drop and reports that North Korea has tested a nuclear weapon rocked markets. Caixin’s purchasing managers’ index on China services fell to 50.2 in December from 51.2 the previous […]

London open: Mining stocks lead UK equities higher London stocks rebounded on Tuesday as mining shares reversed declines in the previous session. Worse-than-expected UK, US and Chinese manufacturing data pushed miners in to the red on Monday but the market was looking optimistic on the prospect of better construction figures from Markit at 0930 GMT. […]