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London open: Stocks gain after better-than-forecast China trade data London stocks gained on Wednesday after Chinese trade data came in better than expected. China’s trade surplus widened to 382.05bn yuan in December from 343.10bn yuan in November, beating analysts’ forecasts of 338.80bn yuan. Exports rose unexpectedly by 2.3% in December following a 3.7% dip a […]

London open: Stocks gain as supermarkets rally, yuan strengthens London stocks started on the front foot on Tuesday, driven by retailers after better-than-expected trading updates from Wm Morrison Supermarkets and Debenhams. Shares in Morrisons gained after the supermarket delivered like-for-like (LFL) sales growth of 0.2% in the nine weeks to 3 January, miles ahead of […]

London open: Stocks gain on China stimulus hopes UK equities climbed on Monday as investors shrugged off another negative session in Asia. Chinese stocks declined as oil prices continued to fall and a report over the weekend showed producer prices remained in deflation. “While China’s Yuan currency was fixed slightly firmer, note Saturday’s Chinese inflation […]

London open: Stocks rebound as China scraps circuit-breaker rule London stocks rebounded on Friday as oil prices reversed declines in the previous session and confidence grew on new measures in China. Brent crude rose 1.6% to $34.33 per barrel while West Texas Intermediate increased 1.3% to $33.72 per barrel at 0851 GMT. Chinese stocks closed […]

London open: Stocks slip on China and oil price worries UK stocks fell on Thursday as concerns over China’s troubles escalated and as oil prices collapsed. Chinese trading in mainland markets was halted for the day after shares fell more than 7% for the second time this week. The country’s “circuit-breaker” rule kicked in the […]

London open: Stocks fall on China woes, geopolitical tensions, oil price slump London stocks declined on Wednesday as Chinese service activity growth eased, oil prices continued drop and reports that North Korea has tested a nuclear weapon rocked markets. Caixin’s purchasing managers’ index on China services fell to 50.2 in December from 51.2 the previous […]

London open: Mining stocks lead UK equities higher London stocks rebounded on Tuesday as mining shares reversed declines in the previous session. Worse-than-expected UK, US and Chinese manufacturing data pushed miners in to the red on Monday but the market was looking optimistic on the prospect of better construction figures from Markit at 0930 GMT. […]

London open: Stocks decline on weak Chinese manufacturing data UK markets reopened on the back foot on Monday after the New Year break as data showed a further contraction in Chinese manufacturing sector activity. The FTSE was down 1.83% to 6,128.80 at 0907 GMT following a slump in Asian stocks on a weakening yuan and […]

London open: Stocks slide as trading volumes thin on NYE London stocks opened in the red on Thursday as trading volumes were thin on New Year’s Eve. The UK equity market will close at 1230 GMT to bring in 2016 and will reopen on Monday. Germany and France are both closed for the day while […]

London open: Stocks decline as oil prices reverse gains London stocks declined on Wednesday as oil prices reversed gains in the previous session. Brent crude fell 1.9% to $37.06 per barrel and West Texas Intermediate dropped 2.5% to $36.93 per barrel at 0854 GMT. A slump in metal prices also dragged mining stocks lower including […]