Jun 28 2022 @ 04:40
London open: FTSE up as miners rally; Pennon slumps London stocks rose in early trade on Tuesday following a positive session in Asia, with miners pacing the gains. At 0915 BST, the FTSE 100 was up 0.9% at 7,324.15. Russ Mould, investment director at AJ Bell, said: “Boom! Periods when the FTSE 100 rises in the […]
Jun 27 2022 @ 04:40
London open: FTSE in the black as miners rally London stocks rose in early trade on Monday, with miners pacing the advance as sentiment was boosted by a further easing of Covid restrictions in Beijing and Shanghai, and as investors scaled back Federal Reserve rate hike expectations. At 0835 BST, the FTSE 100 was up […]
Jun 23 2022 @ 05:08
London open: Stocks fall amid recession fears; PMIs eyed London stocks fell in early trade on Thursday as recession fears dented sentiment, with all eyes on the release of the latest UK PMIs. At 0835 BST, the FTSE 100 was down 0.7% at 7,040.69. Richard Hunter, head of markets at Interactive Investor, said: “Markets remain on […]
Jun 22 2022 @ 07:19
London open: London open: Stocks slump as inflation hits fresh 40-year high London stocks slumped in early trade on Wednesday after data showed that UK inflation hit a fresh 40-year high in May as energy and food prices continued to surge. At 0835 BST, the FTSE 100 was 1.5% lower at 7,046.14, while sterling was […]
Jun 21 2022 @ 05:01
London open: Stocks rise but Ocado slumps after share placing London stocks rose in early trade on Tuesday, taking their cue from a mostly positive session in Asia. At 0840 BST, the FTSE 100 was up 0.3% at 7,145.39. Richard Hunter, head of markets at Interactive Investor, said: “Left to their own devices following a public […]
Jun 20 2022 @ 04:39
London open: Stocks gain; Euromoney surges on takeover talks London stocks rose in early trade on Monday, but sentiment remained fragile amid ongoing concerns about a global recession. At 0930 BST, the FTSE 100 was up 0.5% at 7,049.36. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said: “With the realisation the comfort blanket […]
Jun 17 2022 @ 04:39
London open: Stocks flat after Thursday’s selloff London stocks were flat in early trade on Friday following huge losses in the previous session. At 0855 BST, the FTSE 100 was steady at 7,047.16, having closed down 3.1% on Thursday amid a global selloff. Sentiment took a hit after the US Federal Reserve lifted interest rates […]
Jun 16 2022 @ 06:33
London open: Stocks fall ahead of BoE rate announcement London stocks fell in early trade on Thursday ahead of the latest policy announcement from the Bank of England, and after the US Federal Reserve lifted interest rates by 75 basis points – its biggest hike since 1994. At 0845 BST, the FTSE 100 was down […]
Jun 15 2022 @ 04:37
London open: Stocks rise ahead of Fed announcement London stocks rose in early trade on Wednesday despite concerns about inflation, helped along by some encouraging data out of China, amid expectations the US Federal Reserve will announce its biggest rate hike since 1994. At 0835 BST, the FTSE 100 was up 0.6% at 7,233.19. Susannah […]
Jun 14 2022 @ 04:59
London open: Stocks gain as banks rally; jobs data in focus London stocks rose in early trade on Tuesday following days of losses, but gains were unspectacular amid worries about more aggressive tightening by the US Federal Reserve. At 0930 BST, the FTSE 100 was up 0.3% at 7,226.80. Sophie Lund-Yates, lead equity analyst at Hargreaves […]