13 Apr 2023 @ 19:39
London open: Stocks flat after UK GDP London stocks were flat in early trade on Thursday after data showed that the UK economy stagnated in February as strikes dented productivity. At 0825 BST, the FTSE 100 was steady at 7,828.07. According to the Office for National Statistics, there was zero growth, down from 0.4% growth in […]
11 Apr 2023 @ 22:14
London open: Stocks rise on positive US, Asian cues London stocks rose in early trade on Tuesday following mostly positive US and Asian sessions, as traders returned to their desks after the long Easter weekend. At 0850 BST, the FTSE 100 was up 0.5% at 7,778.92. Investors were digesting the latest data out of China, […]
06 Apr 2023 @ 19:37
London open: Stocks rise as miners rally on China data London stocks rose in early trade on Thursday, with miners pacing the gains after encouraging Chinese services data. At 0830 BST, the FTSE 100 was up 0.3% at 7,687.09. Figures out earlier showed that activity in China’s services sector grew at the fastest pace in […]
05 Apr 2023 @ 19:37
London open: FTSE edges up but gains muted amid recession fears London stocks edged higher in early trade on Wednesday but gains were unspectacular as recession fears weighed. At 0830 BST, the FTSE 100 was up 0.2% at 7,646.57. Richard Hunter, head of markets at Interactive Investor, said: “Markets are drifting as investor thoughts start to […]
04 Apr 2023 @ 19:45
London open: Stocks gain; RBA pauses rate hikes London stocks rose in early trade on Tuesday following mixed sessions in the US and Asia, as investors mulled the latest policy announcement from the Reserve Bank of Australia. At 0825 BST, the FTSE 100 was up 0.6% at 7,722.37. Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown, […]
03 Apr 2023 @ 19:40
London open: BP, Shell pace gains as oil surges on OPEC+ cut London stocks rose in early trade on Monday, underpinned by surging oil prices. At 0820 BST, the FTSE 100 was up 0.6% at 7,676.69. Over the weekend, OPEC+ unexpectedly announced it would cut output by 1.1m barrels a day from next month, sending […]
30 Mar 2023 @ 20:37
London open: Stocks edge up as attention shifts to US data London stocks edged higher in early trade on Thursday as investors shifted their attention to upcoming US data releases. At 0830 BST, the FTSE 100 was up 0.3% at 7,588.02. CMC Markets analyst Michael Hewson said: “The next few days are likely to be a […]
29 Mar 2023 @ 20:39
London open: Stocks rise but Next slides on cautious outlook London stocks rose in early trade on Wednesday as worries about the banking sector continued to recede, but Next tumbled as it struck a cautious note on its outlook. At 0840 BST, the FTSE 100 was 0.3% firmer at 7,503.49. Susannah Streeter, head of money and markets […]
28 Mar 2023 @ 20:53
London open: Stocks gain as bank sector fears ease; Ocado rallies London stocks gained in early trade on Tuesday as worries about the banking sector continued to ease. At 0830 BST, the FTSE 100 was up 0.6% at 7,516.76. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: “A relief ripple is helping stocks […]
27 Mar 2023 @ 20:48
London open: FTSE gains as bank shares recover London stocks rose in early trade on Monday, with banks pacing the advance following heavy losses at the end of last week. At 0830 BST, the FTSE 100 was up 1.1% at 7,483.23. Sentiment got a boost after First Citizens Bank agreed to buy the deposits and loans of […]