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 […]
23 Mar 2023 @ 20:41
London open: FTSE falls ahead of BoE rate decision London stocks fell in early trade on Thursday following a downbeat session on Wall Street, as investors mulled the latest rate decision from the US Federal Reserve and looked ahead to a policy announcement from the Bank of England. At 0905 GMT, the FTSE was down […]
22 Mar 2023 @ 20:46
London open: Stocks edge lower after unexpected rise in inflation London stocks edged lower in early trade on Wednesday as an unexpected jump in consumer price inflation put pressure on the Bank of England to hike rates. At 0825 GMT, the FTSE 100 was down 0.4% at 7,507.95, while sterling was 0.5% firmer against the […]
21 Mar 2023 @ 21:26
London open: FTSE gains as attention shifts to rate decisions London stocks rose in early trade on Tuesday as investors mulled the latest UK borrowing figures and turned their attention to upcoming rate decisions from the Federal Reserve, Bank of England and Swiss National Bank. At 0830 GMT, the FTSE 100 was up 0.8% at […]
20 Mar 2023 @ 20:40
London open: Banks pace decline after UBS agrees to buy Credit Suisse London stocks slid in early trade on Monday, taking their cue from heavy losses in Asia, with banks under the cosh again after Credit Suisse agreed to be bought by rival UBS. At 0830 GMT, the FTSE 100 was down 1.3% at 7,237.57. UBS agreed to […]
17 Mar 2023 @ 21:18
London open: Stocks rise as US banks step in to help First Republic London stocks rose in early trade on Friday, tracking gains on Wall Street after a group of US banks stepped in to help First Republic Bank. At 0820 GMT, the FTSE 100 was up 0.8% at 7,470.68. On Thursday, 11 US lenders deposited […]
16 Mar 2023 @ 20:53
London open London stocks rose in early trade on Thursday following a heavy selloff in the previous session, as bank shares recovered after Credit Suisse took a $54bn loan from the Swiss National Bank. At 0845 GMT, the FTSE 100 was up 0.9% at 7,409.47, having closed down a whopping 3.8% on Wednesday, led by banks. Beleaguered […]
15 Mar 2023 @ 21:23
London open: Stocks fall ahead of Spring Budget London stocks fell in early trade on Wednesday as investors eyed Chancellor Jeremy Hunt’s Spring Budget. At 0835 GMT, the FTSE 100 was down 0.3% at 7,617.80. Hunt confirmed ahead of the Budget that energy bills support will be extended for a further three months, meaning the […]
14 Mar 2023 @ 23:11
London open: Stocks fall again; UK jobs data in focus London stocks fell again in early trade on Tuesday, having sold off heavily in the previous session amid concerns about the fallout from the collapse of Silicon Valley Bank, as investors mulled the latest UK jobs data. At 0840 GMT, the FTSE 100 was down 0.5% […]
13 Mar 2023 @ 22:57
London open: Stocks edge lower; HSBC buys SVB’s UK arm London stocks edged lower in early trade on Monday as investors mulled news that HSBC has bought the UK arm of stricken Silicon Valley Bank for a nominal £1, and looked ahead to this week’s Budget. At 0830 GMT, the FTSE 100 was down 0.4% at 7,716.57. The acquisition […]
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