Market Report - Midday
London stocks were up but off earlier highs by midday on Thursday as the pound tumbled in the wake of Brexit Secretary Dominic Raab's resignation, with banks and housebuilders also hit by concerns about the EU divorce process.
London stocks had turned a touch higher by midday on Wednesday, boosted by a weaker pound as investors waited to see whether Theresa May can secure Cabinet backing for the draft Brexit deal she has agreed with the EU.
London stocks were up but off their earlier highs by midday on Tuesday amid signs of improving relations between the US and China, as the pound was lifted by strong wage growth figures and Brexit hopes.
London stocks were still firmly in the red by midday on Friday, with miners and oil companies under the cosh as investors digested a hawkish Federal Reserve policy statement, while sterling slipped amid fading Brexit deal hopes.
London stocks were holding on to gains by midday on Thursday, helped along by a strong performance from the banking sector and well-received updates from the likes of Coca-Cola and Burberry, as investors awaited the latest policy call from the Federal Reserve.
After US mid-term elections panned out pretty much as expected, London stocks extended gains as Wednesday's session wore on, as strength in the mining sector helped to offset disappointing updates from M&S, ITV and G4S.
London stocks had fallen further into the red by midday on Tuesday even as the pound slipped back, as the US mid-term elections loomed.
London stocks had turned higher by midday on Monday, with a mix of resources and defensive stocks erasing earlier losses as investors shrugged off a disappointing reading on the UK services sector.
A renewed and wholly unexpected air of optimism around global trade tensions propelled London shares higher on Friday, although come midday the advance had stalled as investors waited for the release of the latest and all-important monthly US jobs report.
London stocks had turned positive by midday on Thursday despite a surging pound, with solid updates from the likes of BT, Smith & Nephew and Just Eat helping to underpin the tone as the Bank of England stood pat on rates.
There were no spooks or frights in London equity markets on Wednesday, just a welcome treat of rising prices at the end of what has been a torrid month for global stocks.
London stocks had pushed a little higher by midday on Tuesday, helped along by solid earnings from BP and a strong showing in the housebuilding sector.
London stocks extended gains by midday on Monday, buoyed by a solid set of earnings from HSBC and potential boosts from the Budget later in the session.
London stocks had fallen further into the red by midday on Friday as sentiment was undermined by disappointing earnings from US tech companies and declines for Rolls-Royce and RBS.
London stocks had pared losses to trade flat by midday on Thursday, but the FTSE 100 was underperforming its European peers as disappointing results from advertising giant WPP weighed.
London stocks had extended gains by midday on Wednesday, recovering from heavy losses in the previous session with an added boost from a weaker pound.
London stocks fell a little further into the red by midday on Tuesday as concerns about Brexit, Italy's budget and US-Saudi tensions dented investors' appetite for risk.
London stocks had extended gains by midday on Monday thanks to strength in the mining sector and a well-received update from NMC Health, with a weaker pound also lending a hand.
London stocks were holding on to gains by midday on Friday, outperforming their European peers as investors digested the latest borrowing figures and economic growth data out China.
London stocks mounted a failed attempt to climb out of their early hole on Thursday as Brexit developments helped investors shrug off disappointing retail sales data and hawkish minutes from the US Federal Reserve.