11 May 2023 @ 20:11
London open: Stocks up as sterling weakens ahead of BoE London stocks rose in early trade on Thursday as sterling weakened ahead of an expected 25 basis point rate hike by the Bank of England. At 0855 BST, the FTSE 100 was up 0.5% at 7,780.05, while the pound was down 0.4% against the dollar […]
10 May 2023 @ 19:53
London open: Stocks edge down ahead of US inflation London stocks edged lower in early trade on Wednesday as investors eyed the latest US inflation report. At 0900 BST, the FTSE 100 was down 0.2% at 7,750.93. US consumer price inflation data for April is due at 1330 BST. Susannah Streeter, head of money and […]
09 May 2023 @ 19:41
London open: Stocks flat as investors eye US inflation, BoE announcement London stocks were steady in early trade on Tuesday as traders returned to their desks after the long weekend, with all eyes on the latest US inflation report and Bank of England rate announcement this week. At 0840 BST, the 100 was flat at […]
05 May 2023 @ 19:37
London open: Stocks rise ahead of payrolls; IAG flies higher London stocks rose in early trade on Friday following heavy losses in the previous session, as investors eyed the latest US non-farm payrolls report, with upbeat results from BA owner IAG helping to lift the mood. At 0825 BST, the FTSE 100 was up 0.8% at 7,762.40. […]
04 May 2023 @ 19:39
London open: Stocks fall amid US bank worries; Shell, Next buck trend London stocks fell in early trade on Thursday amid renewed concerns about the US banking sector, as investors mulled the latest rate hike from the Federal Reserve, looked ahead to a policy announcement from the European Central Bank and waded through a deluge […]
03 May 2023 @ 19:36
London open: Stocks rise ahead of Fed announcement London stocks rose in early trade on Wednesday following heavy losses in the previous session, as investors eyed the latest policy announcement from the US Federal Reserve. At 0840 BST, the FTSE 100 was up 0.6% at 7,816.00. Victoria Scholar, head of investment at Interactive Investor, said: “US […]
02 May 2023 @ 19:37
London open: Stocks tick up as HSBC, housebuilders rally London stocks ticked up in early trade on Tuesday, helped along by well-received results from HSBC and strength in the housebuilding sector. At 0835 BST, the FTSE 100 was up 0.2% at 7,889.78. Investors were mulling a surprise interest rate hike from Australia’s central bank, which lifted its […]
27 Apr 2023 @ 19:38
London open: Stocks steady amid corporate deluge London stocks were steady in early trade on Thursday amid a deluge of corporate news, as worries about the banking sector continued to play on investors’ minds. At 0855 BST, the FTSE 100 was flat at 7,852.05, as market participants eyed the release of US GDP and initial […]
26 Apr 2023 @ 19:38
London open: Stocks fall on weak US cues; Persimmon bucks trend London stocks fell in early trade on Wednesday, taking their cue from a downbeat session on Wall Street after First Republic’s results reignited concerns about the banking sector, despite well-received results from Microsoft and Alphabet. At 0840 BST, the FTSE 100 was down 0.3% at 7,866.61. Susannah Streeter, […]
25 Apr 2023 @ 19:46
London open: Stocks fall but Whitbread bucks trend after results London stocks fell in early trade on Tuesday as investors mulled the latest UK borrowing figures and results from the likes of AB Foods and Whitbread, ahead of key US tech earnings. At 0910 BST, the FTSE 100 was down 0.3% at 7,884.96. Susannah Streeter, head of money […]