Oct 17 2024 @ 04:40
London open: Stocks flat ahead of expected ECB rate cut London stocks were flat in early trade on Thursday as investors eyed an expected rate cut by the European Central Bank. At 0830 BST, the FTSE 100 was steady at 8,326.32. Kathleen Brooks, research director at XTB, said: “There are two key events today, the ECB […]
Oct 16 2024 @ 04:37
London open: Stocks rise on rate-cut hopes after inflation slowdown UK stocks were putting in solid gains on Wednesday morning after a sharper-than-expected fall in consumer price inflation all but cemented a rate cut at the Bank of England’s next meeting. The FTSE 100 was trading 0.7% higher at 8,303.15 by 0845 BST, on track […]
Oct 15 2024 @ 04:36
London open: Stocks mixed on weaker UK wage growth London markets opened in mixed territory on Tuesday, as investors digested data showing continued weakness in the UK jobs market, after an upbeat session on Wall Street overnight. As of 0822 BST, the FTSE 100 was down 0.12% at 8,282.39 points, while the FTSE 250 gained 0.26% to 20,871.08. “The […]
Oct 14 2024 @ 04:36
London open: FTSE nudges lower as gambling stocks tank London stocks nudged down in early trade on Monday as investors eyed the release of key UK data points this week, with gambling shares under the cosh amid reports of a potential £3bn tax raid on the sector. At 0830 BST, the FTSE 100 was down […]
Oct 11 2024 @ 04:36
London open: Stocks dip as investors mull GDP data London stocks nudged lower in early trade on Friday as investors mulled the latest UK GDP data. At 0820 BST, the FTSE 100 was down 0.1% at 8,230.93. Figures released earlier by the Office for National Statistics showed the UK economy returned to growth in August. GDP rose […]
Oct 10 2024 @ 04:36
London open: Stocks gain ahead of US CPI; GSK surges on Zantac settlement London stocks rose in early trade on Thursday, taking their cue from an upbeat session on Wall Street, as investors eyed the latest US inflation reading. At 0820 BST, the FTSE 100 was up 0.3% at 8,269.93. Richard Hunter, head of markets […]
Oct 09 2024 @ 04:38
London open: Stocks recover after Tuesday’s losses; Mondi jumps London stocks rose in early trade on Wednesday, recovering from heavy losses in the previous session. At 0835 BST, the FTSE 100 was up 0.5% at 8,227.41, having closed down 1.4% on Tuesday, with miners in particular under the cosh as investors were left disappointed that […]
Oct 08 2024 @ 04:36
London open: Stocks drop after China disappointment; Vistry tanks on profit warning London stocks fell sharply in early trade on Tuesday as investors were left disappointed by a lack of new stimulus measures from China, and with housebuilder Vistry in freefall after a profit warning. At 0845 BST, the FTSE 100 was down 1% at 8,218.07. Matt […]
Oct 07 2024 @ 04:36
London open: Stocks nudge lower amid Middle East woes; house prices tick up London stocks nudged lower in early trade on Monday, with investors remaining cautious as the conflict in the Middle East escalated, although there was some good news on house prices. At 0900 BST, the FTSE 100 was down 0.1% at 8,275.69. Susannah […]
Oct 04 2024 @ 06:01
London open: FTSE flat amid Middle East woes, ahead of payrolls London stocks were flat in early trade on Friday as Israel’s strikes against Lebanon intensified and as investors eyed the latest US non-farm payrolls report. At 0900 BST, the FTSE 100 was unchanged at 8,286.14. Patrick Munnelly at Tickmill Group said: “Escalating tensions in the Middle […]