ADVFN News Bulletin

London open: Stocks rise on China Covid optimism; GSK surges London stocks shrugged off opening losses to trade a little higher on Wednesday, as investors weighed up a further loosening of Covid restrictions in China against disappointing Chinese trade data and recession fears. At 0835 GMT, the FTSE 100 was up 0.3% at 7,545.77. Susannah […]

London open: FTSE edges lower; Ashtead rallies after results London stocks nudged lower in early trade on Tuesday, taking their cue from a downbeat session on Wall Street, after a stronger-than-expected ISM print fuelled concerns about the pace of Fed rate hikes. At 0835 GMT, the FTSE 100 was down 0.2% at 7,554.86. Susannah Streeter, […]

London open: Stocks steady ahead of services data London stocks were little changed in early trade on Monday as investors digested a grim outlook from the Confederation of British Industry and eyed the latest reading on the UK services sector. At 0825 GMT, the FTSE 100 was flat at 7,554.96. Investors were mulling the latest data out […]

London open: Stocks fall ahead of payrolls; AJ Bell surges on upgrade London stocks fell in early trade on Friday as investors eyed the latest US non-farm payrolls report. At 0910 GMT, the FTSE 100 was down 0.5% at 7,520.25. Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown, said: “The latest employment report is due from […]

London open: FTSE edges up after Powell comments London stocks edged up in early trade on Thursday following a surge on Wall Street, after Fed Chair Jerome Powell suggested the pace of rate hikes might ease as soon as this month. At 0900 GMT, the FTSE 100 was up 0.2% at 7,586.93. Matt Britzman, equity […]

London open: Stocks edge up despite uninspiring data London stocks edged higher in early trade on Wednesday despite uninspiring Chinese factory data, grim UK shop price inflation and a bleak survey on service sector confidence. At 0840 GMT, the FTSE 100 was up 0.3% at 7,530.94. Figures released earlier by the National Bureau of Statistics showed that […]

London open: Stocks rally amid China easing hopes London stocks rose in early trade on Tuesday, with commodities pacing the gains amid hopes China will ease Covid restrictions. At 0850 GMT, the FTSE 100 was up 0.9% at 7,539.68. Victoria Scholar, head of investment at Interactive Investor, said: “Risk-on sentiment has lifted European equities this morning […]

London open: Stocks fall as China protests dent sentiment London stocks fell in early trade on Monday as sentiment was hit by anti-lockdown protests in China. At 0830 GMT, the FTSE 100 was down 0.6% at 7,439.47. Victoria Scholar, head of investment at Interactive Investor, said: “Rare protests have broken out across major Chinese cities in […]

London open: Stocks steady as sterling strengthens London stocks were steady at the open Thursday, underperforming European peers amid a firmer pound, as investors digested the latest minutes from the US Federal Reserve. At 0920 GMT, the FTSE 100 was flat at 7,465.12, while sterling was 0.3% higher versus the dollar at 1.2091. Markets were […]

London open: Stocks rise as investors eye Fed minutes London stocks rose in early trade on Wednesday, taking their cue from positive US and Asian sessions, as investors eyed the latest readings on the UK manufacturing and services sector, and minutes form the Federal Reserve. At 0825 GMT, FTSE 100 was up 0.3% at 7,475.95. […]