ADVFN News Bulletin

London open: Stocks edge up but housebuilders slump on Crest Nicholson warning London stocks edged higher in early trade on Monday as investors mulled the latest rate cut by the People’s Bank of China, but housebuilders were under the cosh after a profit warning from Crest Nicholson. At 0825 BST, the FTSE 100 was up 0.2% […]

London open: FTSE 100 hits six-week low on China fears The FTSE 100 was in the red again on Friday, hitting a fresh six-week low as fears about the financial crisis in China worsened overnight. London’s benchmark index was trading 0.6% lower at 7,266 shortly after the opening bell. The index has not closed below […]

London open: Markets rattled by FOMC minutes UK stocks slipped on Thursday, following US and Asian markets lower overnight, as investors reacted to the possibility of further interest-rate hikes by the Federal Reserve. By 0824, the FTSE 100 was down 0.4% at 7,325.14, after closing Wednesday’s session at 7,356.88 – already a five-week low. The […]

London open: Stocks flat as rate-hike fears dampen risk appetite UK stocks were struggling for direction on Wednesday after data showed that core inflation remains stubbornly high, raising fears that the Bank of England may step in to tighten monetary policy even further. After an hour of trade, the FTSE 100 was more or less flat at […]

London open: Housing stocks pull FTSE lower on rate-hike fears The FTSE 100 dropped in early trade on Tuesday as investors reacted to an unexpected acceleration in UK wage growth and a surprise interest rate cut in China. By 0831 BST, the UK benchmark index was down 0.4% at 7,481, after closing at a one-month […]

London open: Miners drag FTSE 100 into the red Mining stocks were leading UK markets lower in early deals on Monday as renewed concerns about China’s economy dampened sentiment. By 0835 in London, the FTSE 100 was down 0.3% at 7,504.04. Stocks in Asia fell sharply overnight on the back of renewed concerns about China’s property […]

London open: Tentative start for FTSE 100 as markets eye US data The FTSE 100 edged higher in morning trade on Thursday, rising for the second straight session, though gains were limited as investors showed caution ahead of some all-important inflation figures from the US. London’s benchmark index was trading 7 points higher at 7,595.29, […]

London open: Banks, miners lead the rebound early on Mining and banking stocks led the UK’s benchmark equity index higher on Wednesday morning, rebounding after losses the previous session, despite economic data from China continuing to paint a dreary picture for the world’s second-largest economy. The FTSE 100 was up 0.7% at 7,577.74 by 0854 […]

London open: Shares make muted start as China data hits miners It was a subdued start for UK equity indices on Tuesday as weaker-than-expected economic data out of China dragged mining stocks into the red. Poor UK retail sales figures also dampened sentiment in the market, with the FTSE 100 trading 0.1% lower at 7,546.65 […]

London open: Stocks dip at the start of the week Stocks in London were trading slightly lower on Monday following a negative close to trading on Wall Street the week before. Last Friday, a mixed U.S. non-farm payrolls had seen stocks on the other side of the Pond finish modestly lower. “In essence there was […]