MARKET REPORT - MIDDAY
London stocks had extended losses by midday on Tuesday, dragged lower as results from HSBC and BHP Billiton left investors disappointed.
London stocks were still just in the red by midday on Monday, weighed by Reckitt Benckiser as investors paused for breath after last week’s solid gains.
London stocks were holding on to solid gains by midday on Friday as the pound slipped back below $1. 41 following disappointing retail sales data.
London equities were holding on to gains by midday on Thursday, underpinned by strength in the mining sector and an impressive showing from stocks with exposure to South Africa, as investors shrugged off the latest rise in US inflation.
London equity markets had extended gains by midday on Wednesday, taking their cue from another positive close on Wall Street as investors looked ahead to key US inflation figures.
London's top-flight index was hovering around the flat line by midday on Tuesday, even as the pound rallied after inflation came in higher than expected for January, increasing expectations that the Bank of England will hike interest rates in the spring.
London stocks were still firmly in the black by midday on Monday following a late rebound on Wall Street at the end of last week, but worries remained about rising inflation and higher interest rates.
Stocks in London were still in the red by midday on Friday following a selloff in the US and Asia, as investors digested a mixed set of UK data releases.
London equity markets extended losses just after midday on Thursday as the pound spiked higher on the back of an unexpectedly hawkish announcement from the Bank of England.
Shares in London held onto most of their early gains by midday on Wednesday, bouncing back from heavy losses in the previous session following a late rally on Wall Street, with housebuilders on the up after solid first-half numbers from Redrow.
London stocks were firmly in the red by midday on Tuesday, taking their cue from a bloodbath on Wall Street and in Asia as investors fret that rising inflation will force the Fed to hike rates more than initially expected this year.
London stocks were trading at eight-week lows by midday on Monday as investors fretted that the Federal Reserve might hike rates more than expected after last week's strong wage growth figures and following the release of disappointing UK services data.
London stocks were weaker by midday on Friday, led lower by uninspiring earnings from BT and a disappointing reading on the UK construction sector, as investors eyed the release of the latest US non-farm payrolls report.
London stocks had flattened out by midday on Thursday, giving back small gains as data showed that growth in the UK manufacturing sector unexpectedly slowed last month.
London stocks had edged lower by midday on Wednesday even as the pound pared earlier gains against the dollar, dragged down by weakness in the housebuilding sector and a profit warning from outsourcer Capita.
London stocks had extended losses by midday on Tuesday as the pound gained back ground against the dollar, trading above $1. 41 again despite growing concerns over Brexit.
London stocks were holding on to gains by midday on Monday as the pound fell below $1. 41, with miners on the up as copper prices rose.
London stocks extended gains by midday on Friday even as the pound roared higher on the back of solid UK growth figures, with investors looking ahead to the US GDP release and a speech by Donald Trump at Davos.
London stocks managed to eke out tiny gains by midday on Thursday even as the pound remained firm, with investors focusing on forex markets and the upcoming interest rate decision from the European Central Bank despite there being no shortage of UK corporate or economic news.
London stocks had extended losses by midday on Wednesday as the pound surged to a post-Brexit high against the dollar after solid UK employment data.