Oct 11 2016 @ 03:47
London open: Stocks edge higher as pound drifts lower Stocks in London started lower but quickly moved back into the black following gains in the previous session. As of 0819 BST the FTSE 100 was up by 18.81 points or 0.26% to 7,115.87. On a light day for economic data, all eyes were on central […]
Oct 10 2016 @ 04:15
London open: Stocks little changed; William Hill rallies on merger talks Stocks in London were little changed in early trade, struggling for direction amid a lack of fresh catalysts, although deal news helped to keep things interesting. At 0830 BST, the FTSE 100 was down 0.1% to 7,040.08, while the pound was off 0.4% versus […]
Oct 07 2016 @ 03:36
London open: Shares rise as pound continues to slide lower A shockingly large drop in the value of the pound overnight gave shares a boost at the start of trading, although some traders were left scratching their heads regarding the implications of the sudden moves in foreign exchange markets. At 0830 BST the Footsie was […]
Oct 06 2016 @ 05:10
London stocks were flat in early trade, with investors likely to be reluctant to make any bold moves as the focus shifts to Friday’s non-farm payrolls release. At 0910 BST, the FTSE 100 was down 0.1% to 7,024.38 points. Meanwhile, oil prices slipped back as investors booked some profits after prices rallied overnight on the […]
Oct 05 2016 @ 04:32
London open: Stocks edge lower alongside fresh pound weakness Stocks in London began the session slightly weaker, tracking losses overnight on Wall Street on the heels of some ‘hawkish’ Fedspeak and with the monthly US non-farm payrolls report looming ever-larger on the horizon. As of 0813 BST the FTSE 100 was trading down by 15.84 […]
Oct 04 2016 @ 04:42
London open: Stocks rise as weaker sterling boosts FTSE Stocks in London rose in early trade as the weaker pound benefited exporters in the FTSE 100. At 0830 BST, the index was up 1% to 7,055.59 as the pound continued to suffer on the back of Prime Minister Theresa May’s pledge to trigger Article 50 […]
Oct 03 2016 @ 05:02
London open: Stocks push higher but sterling slumps on Brexit trigger London stocks edged higher in early trade, taking their cue from an upbeat session in Asia, but the pound was under pressure as Prime Minister Theresa May said she would trigger Article 50 by March. At 0830 BST, the FTSE 100 was up 0.5% […]
Sep 30 2016 @ 03:33
London open: Deutsche Bank knocks Footsie off its perch London stocks started the session sharply lower amid growing concerns about Deutsche Bank and the broader financial sector. As of 0942 BST the FTSE 100 was trading lower by 95.71 points to 6,8523.71. Financial shares were lower across all of Europe following reports on Thursday evening […]
Sep 29 2016 @ 04:15
London open: Stocks rise as investors mull OPEC deal Stocks in London rose in early trade as investors mulled over news that OPEC ministers have agreed a deal to cut production for the first time since 2008. At 0820 BST, the FTSE 100 was up 1% to 6,920.19. At the OPEC meeting in Algiers, ministers […]
Sep 28 2016 @ 05:11
London open: Stocks move higher on oil price gains Stocks in London began the session higher, with investors busy scanning the conflicting headlines coming out of Wednesday’s OPEC meeting in Algeria ahead of a raft of US central bank speakers scheduled for later in the day. As of 0840 BST on Wednesday the FTSE 100 […]