Market Report - Midday
London stocks had extended gains by midday on Monday, supported by a strong showing in the mining sector, as investors grew more optimistic ahead of trade talks between the US and China later this week.
London stocks had slipped into the red by midday on Friday as investors weighed up the latest developments in Sino-US relations and Washington's threat of more economic sanctions on Turkey.
London stocks had extended gains by midday on Thursday, boosted by news of high level trade talks between the US and China, better-than-expected UK retail sales data and a recovery in the mining sector.
London stocks fell sharply into the red by midday on Wednesday, dragged lower by weakness in the mining sector and as investors mulled over the latest UK inflation data.
London stocks had given up earlier small gains by midday on Tuesday as investors digested mixed UK jobs data, although the tone in financial markets was a lot calmer as the Turkish lira steadied.
London stocks had fallen a little further into the red by midday on Monday, with travel shares under pressure amid worries about the crisis in Turkey, but Esure rocketed on the back of an offer from Bain Capital.
London stocks were still in the red by midday on Friday, tracking losses in Europe amid concerns about the impact of the Turkish crisis on European banks, even as the latest UK GDP reading showed that growth picked up as expected in the second quarter.
Stocks were still under water by midday on a wet Thursday in London as sharp losses for travel group Tui and a slew of ex-dividends weighed.
London stocks had pushed further into the green by midday on Wednesday as Brexit worries sent the pound tumbling to its lowest level versus the dollar in nearly a year.
London stocks extended gains by midday on Tuesday, with strength in the commodity sector helping to offset some disappointing corporate updates, as investors brushed off more trade war rhetoric from US President Trump.
London stocks had picked up by midday on Monday as sterling fell to an 11-month low against the dollar due to Brexit concerns.
London stocks were bouncing back on Friday, led by banks and tech-related stocks and ahead of a meeting between Prime Minister Theresa May and her French counterpart, Emmanuel Macron, and the US jobs report.
London continued their shaky start to August on Thursday as the Bank of England hiked interest rates above 0. 5% for the first time in a decade and mining companies felt the heat from renewed trade tensions between the US and China.
August has gotten off to a distinctly weak start with shares getting pummelled in the wake of fresh trade threats from the US administration against Beijing which drew an angry response from officials on the other side of the Pacific.
London stocks are moving higher on the last trading session of July despite another round of heavy selling in the US technology space the day before, helped by big gains from oil majors BP and Shell.
Stocks have come off their lows of the session, with traders opting to sit on their hands ahead of key policy announcements from two of the main foreign central banks scheduled for later in the week and before a keenly awaited decision on interest rates from the Bank of England on Thursday.
London stocks firmed up by midday on Friday, underpinned by solid earnings from the likes of BT, Pearson and Reckitt, as investors eyed the advance reading on US second-quarter GDP.
London stocks were still basically halfway through Thursday's session as investors mulled over the progress made at the meeting between US President Trump and EU Commission President Jean-Claude Juncker a day earlier and waded through a barrage of earnings reports, with oil giant Shell under the cosh after its second-quarter numbers.
London stocks had extended losses by midday on Wednesday as jitters set in ahead of US President Trump's meeting with EU Commission President Jean-Claude Juncker, with a deluge of earnings news to keep investors busy until then.
London stocks became more confident by midday as miners built on the morning's tentative start to extend gains, oil prices levelled off and the CBI delivered a better-than-expected survey on the UK's manufacturing sector.