Market Report - Midday
London stocks were still in the red by midday on Wednesday as concerns about trade tensions between the US and China and a downbeat assessment of the UK manufacturing sector weighed on sentiment.
London stocks had fallen further into the red by midday on Tuesday as the pound ticked above $1. 29 on the back of solid employment figures.
London stocks had maintained modest gains by midday on Monday as investors digested Chinese growth figures and awaited Theresa May’s presentation of her ‘Plan B’ on Brexit to Commons.
London stocks had pushed further into the green by midday on Friday as investors chose to focus on signs of improving trade relations between the US and China and ignore uninspiring retail sales figures.
London stocks were still in the red by midday on Thursday amid fresh concerns about Sino-US trade relations, but solid updates from the likes of Primark owner AB Foods and Sage Group helped to minimise losses.
London stocks had fallen into the red by midday on Wednesday as Theresa May faced a vote of no confidence, but losses weren't too pronounced, capped by a strong performance from the housebuilding sector and hopes of a Brexit delay.
As the vote on Theresa May's Brexit deal loomed, it was unsurprising to see stocks in London come off their highs by midday on Tuesday, as jitters about the UK's divorce from the EU offset relief over China's latest stimulus measures.
London stocks had fallen further into the red by midday on Monday following the release of disappointing Chinese trade data, as investors eyed this week's Commons vote on Theresa May's Brexit deal.
London stocks had flattened out by midday on Friday, erasing earlier gains as sterling shot up on hopes of a Brexit delay, as investors mulled over a raft of data releases.
It was all about the retail sector on Thursday, with London stocks slightly weaker by midday as investors mulled updates from the likes of Marks & Spencer, Tesco and Halfords.
London stocks were firmly higher by midday on Wednesday amid optimism about the latest round of US-China trade talks and hopes that moves in Westminster have lowered the chance of a no-deal Brexit, with housebuilders leading the charge.
London stocks had pushed further into the green by midday on Tuesday, underpinned by optimism over Sino-US trade talks, with Morrisons bucking the trend after a mixed update.
London stocks had fallen into the red by midday on Monday, with tobacco shares dragged lower by a broker downgrade, but retailer Dunelm sharply higher after a well-received trading update.
London stocks extended gains by midday on Friday, with miners pacing the advance on the back of renewed optimism about Sino-US trade relations, encouraging Chinese services data and China’s latest stimulus measures, ahead of the release of the US non-farm payrolls report.
London stocks were still in the red by midday on Thursday after US technology giant Apple cut its first-quarter guidance, but the FTSE was faring better than its European counterparts as retailers were boosted by a well-received update from Next.
London stocks had pared losses by midday on Wednesday but the overall tone was still decidedly negative on the first day of trading of 2019, as disappointing Chinese manufacturing data sparked broad-based selling.
London stocks had extended gains by midday on Friday, having taken their cue from a late stage recovery on Wall Street the day before.
London stocks had fallen firmly into the red by midday on Thursday, despite huge gains on Wall Street in the previous session, as US stock futures retreated.
London stocks had fallen into the red by midday on Friday, with a Santa rally unlikely to materialise following more losses on Wall Street overnight, amid souring relations between the US and China and the prospect of a US government shutdown.
London stocks had pared losses by midday on Thursday even as the pound rose, as the Bank of England stood pat on rates, with strong defensive shares helping to limit the decline.