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London open: Stocks flat in quiet trade; Ashmore hit by JPM note London stocks were steady in early trade on Monday morning, with little in the way of corporate or macro news to provide direction. At 0900 GMT, The FTSE 100 was flat at 7,575.81. There are no data points of note due, but on […]

London open: Stocks steady; Tesco rallies on banking arm sale London stocks were steady in early trade on Friday, but Tesco shot higher after agreeing to sell its retail banking arm to Barclays. At 0825 GMT, the FTSE 100 was flat at 7,597.47. Richard Hunter, head of markets at Interactive Investor, said that that overall, “UK markets remain in […]

London open: Stocks edge up after US gains; BAT, Unilever rally London stocks edged up in early trade on Thursday after US markets hit record highs, with well-received updates from the likes of Unilever and British American Tobacco lending a hand. At 0825 GMT, the FTSE 100 was up 0.3% at 7,648.48. Investors were mulling the latest data out […]

London open: Stocks edge up as Barratt, Redrow announce £2.5bn merger London stocks edged up in early trade on Wednesday, with housebuilders in the black as Barratt Developments and Redrow announced a £2.5bn merger, and as investors mulled the latest Halifax house price data. At 0820 GMT, the FTSE 100 was up 0.2% at 7,693.19p. Figures released earlier by Halifax showed […]

London open: Stocks gain as BP rallies on share buybacks London stocks rallied in early trade on Tuesday, with BP pacing the gains as the oil giant expanded its share buybacks. At 0830 GMT, the FTSE 100 was up 1% at 7,686.51. Investors were also mulling the latest data from BRC and KPMG, which showed that the annual rate of […]

London open: Stocks gain as investors mull Powell comments London stocks rose in early trade on Monday, as investors mulled the latest comments from Federal Reserve chairman Jerome Powell, who poured cold water on hopes of a rate cut in March. At 0850 GMT, the FTSE 100 was up 0.4% at 7,648.05. In an interview […]

London open: Stocks edge up as BT, Shell gain after results; BoE eyed London stocks rose in early trade on Thursday, underpinned by well-received results from Shell and BT, after the Federal Reserve poured cold water on the prospect of a rate cut in March and as investors eyed a policy announcement from the Bank of England. At […]

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London open: Stocks edge down as investors eye Fed, BoE announcements London stocks edged lower in early trade on Wednesday as caution set in ahead of rate announcements from the US Federal Reserve and the Bank of England, while results from Microsoft and Alphabet failed to impress. At 0830 GMT, the FTSE 100 was down 0.2% at 7,650.35. Jim […]

London open: Stocks rise as shop price inflation eases; WPP surges London stocks rose in early trade on Tuesday, taking their cue from a solid session on Wall Street, as data showed that UK shop price inflation eased sharply in January. At 0840 GMT, the FTSE 100 was up 0.3% at 7,655.98, as investors looked […]