Apr 26 2016 @ 03:54
London open: Stocks move higher after corporate earnings London stocks advanced on Tuesday as traders sifted through a batch of corporate earnings releases. Whitbread topped the FTSE 100 after reporting a 12% increase in full year total revenue to £2.91bn and an 11.9% jump in underlying profit before tax to £546.3m. The owner of Costa […]
Apr 25 2016 @ 04:15
London open: Miners drag equities into the red London stocks declined on Monday, reflecting a drop in mining shares and worries over the health of the UK high street. BHP Billiton, Anglo American, Rio Tinto and Glencore were the biggest fallers on the FTSE 100 in morning trade as copper prices dropped. Oil prices also […]
Apr 22 2016 @ 04:30
London open: Stocks decline as Greece holds debt talks with lenders London stocks fell on Friday as Eurozone officials said Greece and its international lenders are unlikely to reach an agreement on debt relief. Greece is holding talks with lenders on Friday in the hopes of unlocking further loans. However, the chairman of Eurozone finance […]
Apr 21 2016 @ 03:51
London open: Flat start ahead of ECB decision London stocks were flat on Thursday as investors looked ahead to data on UK retail sales and the European Central Bank’s latest policy decision. UK retail sales figures at 0930 BST are expected to show a 3.8% year-on-year rise in March, compared to 4.1% growth the previous […]
Apr 20 2016 @ 04:15
London open: Stocks fall as oil prices reverse gains UK stocks declined on Wednesday as oil prices reversed the previous day’s gains and investors awaited jobs data. Oil prices dropped after a three-day strike by oil workers in Kuwait ended on Tuesday night. The strike over pay had disrupted production and provided a lift to […]
Apr 19 2016 @ 05:43
London open: Stocks gain as oil prices rebound UK stocks rose on Tuesday as oil prices recovered from lows in the previous session after a disappointing meeting between global producers in Doha. Oil prices were under pressure throughout most of Monday’s session as investors continued to digest Sunday’s meeting between members and non-members of the […]
Apr 18 2016 @ 04:04
London open: Stocks fall as oil prices plunge after Doha talks collapse UK stocks fell on Monday as oil prices plunged after global producers failed to agree on an output freeze to address the supply glut. Members and non-members of the Organization of the Petroleum Exporting Countries held talks in Doha on Sunday but were […]
Apr 15 2016 @ 04:25
London open: Stocks fall as China economic growth slows London stocks declined on Friday as China’s economic growth slowed further in the first quarter. China’s gross domestic product rose 6.7% year-on-year in the first three months of the year, down from 6.8% growth the previous quarter, the National Bureau of Statistics said. The figure was […]
Apr 14 2016 @ 03:43
London open: FTSE retreats ahead of BoE interest rate decision London stocks were in the red on Thursday ahead of the Bank of England’s latest policy decision. The FTSE 100 finished up 1.93% to 6,362.89 points on Wednesday, its highest close since 3 December, after a report showing a better-than-expected increase in Chinese exports gave […]
Apr 13 2016 @ 05:20
London open: Stocks gain as Chinese exports rise more than forecast UK stocks gained on Wednesday as data revealed Chinese exports rose in March for the first time in nine months. China exports rose 11.5% in March year-on-year in dollar terms, according to the General Administration of Customs. The increase was more than the 10% […]