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London open: FTSE rebounds after closing in bear market The FTSE 100 rebounded on Thursday after closing in a bear market in the previous session as China’s central bank made an aggressive cash injection into the country’s financial system. London’s top-tier index closed at 5,673.58 on Wednesday, down 3,46% on the day and more than […]

London open: Stocks decline as oil reaches fresh 12-year low UK stocks declined on Wednesday as oil prices reached a fresh 12-year low, falling below $28 per barrel. Brent crude fell 2.8% to $27.96 per barrel at 0853 GMT after the International Energy Agency warned that oil prices will likely slide further this year as […]

London open: Stocks gain as slowdown China GDP fuels stimulus hopes UK stocks rallied as disappointing economic growth data in China fuelled hopes of further stimulus measures. China’s gross domestic product rose 6.8% in the fourth quarter compared to the same period a year ago, weakening from the previous quarter’s 6.9%. Analysts had expected GDP […]

London open: Stocks gain on China measures UK stocks gained on Monday as China’s central bank introduced measures to stem capital outflows. The People’s Bank of China said on Monday it will start implementing a reserve requirement ratio (RRR) on offshore banks’ domestic deposits to restrict speculation on further depreciation of the yuan. Global financial […]

London open: Stocks decline as China enters bear market UK stocks declined on Friday following another loss in Asia as China entered a bear market. The Shanghai Composite Index fell 3.5% at the close, falling more than 20% from its December high, amid concerns about the volatility. The index was also weighed down by a […]

London open: MPC may surprise with dovish tone, analysts say London’s top flight index dropped sharply early on Thursday morning, following a bruising session on Wall Street and with investors and traders focused on the Monetary Policy Committee announcement at noon. As of 08:38GMT the Footsie was down by 89.76 points to 5,871.21. To take note […]

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 […]