Jan 07 2016 @ 07:41
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 […]
Jan 06 2016 @ 03:48
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 […]
Jan 05 2016 @ 03:39
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. […]
Jan 04 2016 @ 04:17
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 […]
Dec 31 2015 @ 04:14
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 […]
Dec 30 2015 @ 04:27
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 […]
Dec 29 2015 @ 04:25
London open: UK market reopens in positive territory after Christmas The FTSE gained on Tuesday as the UK market reopened for trading after the Christmas break. With little in the way of economic data or company news, the focus will likely be on commodities. At 0848 GMT Brent crude ticked up 0.2% to $36.72 per […]
Dec 24 2015 @ 04:24
London open: Stocks broadly flat on short trading day before Christmas The FTSE opened broadly flat on Thursday as the market looked set for a quiet day of trading on Christmas Eve. The UK market is set to close at 1230 GMT with no notable releases due during the session. The only notable ones are […]
Dec 23 2015 @ 09:19
London open: Equities enjoy pre-Christmas rally as slate of data released London stocks advanced on Wednesday ahead of a slate of data including the final estimate of third quarter UK gross domestic product. UK third quarter GDP from the Office for National Statistics at 0930 GMT is expected to show an unrevised annualised 2.3% increase […]
Dec 22 2015 @ 04:09
London open: Stocks gain as China hints at further stimulus London stocks were sitting higher on Tuesday after the Chinese government hinted at further stimulus. China’s government said that monetary policy must be more “flexible” and more “forceful”, according to a statement released after the Central Economic Work Conference by Xinhua News Agency on Monday...