MARKET REPORT - MIDDAY
London stocks edged a little lower by midday on Friday as investors paused for breath following a record closing high a day earlier, led by AstraZeneca after slightly disappointing quarterly numbers.
London stocks had edged up by midday on Thursday as bookies recovered some of their losses, while the pound eased a little after Prime Minister Theresa May denied a report that the UK could stay in the customs union.
London stocks had flattened out by midday on Wednesday as investors weighed up solid updates from the likes of Burberry and Micro Focus and deal news for Paddy Power against geopolitical concerns.
London stocks had edged higher by midday on Tuesday as sterling largely shrugged off the latest round of UK jobs data.
London stocks had edged a little lower by midday on Monday as the pound rallied against the greenback on Brexit speculation, although serviced office provider IWG stormed ahead on the prospect of a bidding war.
London stocks had ticked just a touch lower by midday on Friday as the pound regained some ground a day after being hit by a dovish Bank of England, although ZPG bucked the trend after the Zoopla owner agreed to be bought by US private equity firm Silver Lake.
London stocks were still a little higher by midday on Thursday as the Bank of England stood pat on rates, as expected, with updates from RBS and Next helping to keep the top-flight index afloat as BT disappointed.
London stocks had extended gains by midday on Wednesday, with energy shares pacing the advance as Brent crude hit its best levels since 2014 on the back of US President Trump's decision to pull out of the Iran nuclear deal, with a raft of corporate news also keeping investors busy.
London stocks had given up earlier gains to trade flat by midday on Tuesday as caution set in ahead of US President Trump's announcement on the Iran nuclear deal later in the day, with a flurry of deal news to keep investors busy until then.
London stocks were cooking on gas on Friday, fired up by several upbeat corporate updates, as investors eyed the release of the US non-farm payrolls report, US-China trade talks and a sunny long weekend ahead.
London stocks were just a touch lower at midday as ex-dividends took some points off the main indices as is usual on a Thursday, while sterling shrugged off more weak data that further reduces the odds of a rate hike this month.
London stocks were holding on to gains by midday on Wednesday even as the pound popped higher on better-than-expected construction data.
London stocks had extended gains by midday on Tuesday as the pound fell below $1. 37 for the first time since January on weak manufacturing data.
London stocks had extended gains by midday on Monday, underpinned by a weaker pound and deal news after Sainsbury's announced plans to merge with Walmart's UK unit, Asda.
London stocks had extended gains by midday on Friday as the pound fell below $1. 38 for the first time since the start of March on the back of weak UK growth figures.
London stocks had shaken off small early losses to trade a little higher by midday on Thursday as Barclays turned up, with traders preparing for the latest policy announcement from the European Central Bank and ensuing press conference.
London stocks fell further into the red by midday on Wednesday, taking their cue from a selloff on Wall Street amid rising bond yields, despite higher takeover offers boosting Sky and Shire.
London stocks were holding on to gains by midday on Tuesday as investors digested the latest government borrowing figures, with Shire pacing the advance as it was said to be nearing a preliminary agreement with Japan's Takeda.
London stocks had nudged a touch lower by midday on Monday even as the pound fell to its worst level in five weeks against the dollar amid a new parliamentary Brexit conflict, with investors looking for fresh catalysts following an easing of geopolitical tensions.
London stocks rose were holding on their gains by midday on Friday as investors mulled dovish comments from Bank of England governor Mark Carney against a more hawkish tone from rate-setter Michael Saunders.