Market Report - Close
Stocks finished in a mixed state in London on Wednesday, as investors watched rising numbers of Covid-19 infections outside of Europe, particularly in Japan and India, after a slightly lower-than-expected CPI print in the UK.
London stocks were well below the waterline at the close on Tuesday, dragged down by heavy losses in tobacco makers' shares following a Wall Street Journal report that the US administration was mulling capping the level of nicotine in cigarettes.
London stocks closed below the waterline on Monday, as investors closed their wallets ahead of the release of a raft of key economic surveys later in the week, and their potential impact on bond markets.
London stocks finished higher on Friday, with the top-flight index trading above 7,000 for the first time since February 2020 as investors mulled encouraging Chinese growth figures.
London stocks closed in positive territory on Thursday, supported by a solid showing in the mining sector as investors turned their attention to earnings.
London stocks finished in the green on Wednesday, although the gains were less than spectacular as investors continued to fret about the vaccine rollout in Europe, after the Johnson & Johnson jab was suspended due to blood clot concerns.
London stocks managed a positive finish on Tuesday, as investors mulled a slightly weaker-than-expected UK GDP reading and pored through the latest inflation data out of the United States.
London stocks closed in negative territory on Monday, even as England’s economy began to open up again after the third national lockdown, with investors cautious ahead of the US earnings season.
London stocks finished in a mixed state on Friday as the recent rally lost steam, but the top-flight index still managed to finish almost 180 points higher than it did in the prior week.
London stocks closed above the waterline on Thursday, after the top-flight index hit its best level since the pandemic following dovish minutes from the US Federal Reserve.
London stocks closed well above the waterline on Wednesday, with sentiment underpinned by recovery hopes and an encouraging reading on the services sector.
London equity markets finished well into positive territory on Tuesday, following a record session on Wall Street, with reopening stocks on the front foot.
London stocks closed the Good Friday-truncated week with a positive finish on Thursday, as a surprise rise in US jobless claims was apparently offset by US President Joe Biden’s $2trn infrastructure plan, a profit upgrade from Next and encouraging manufacturing data.
London stocks finished below the waterline on Wednesday, with little in the way of corporate news to drive markets, as investors mulled the latest UK GDP reading.
London stocks finished in positive territory on Tuesday, as investors looked past the Archegos Capital collapse.
London stocks closed just below the waterline on Monday, as a stronger pound put the brakes on the top-flight index.
London stocks finished in positive territory on Friday, following encouraging UK retail sales data, with Smiths Group pacing the advance after well-received interim results.
London stocks finished below the waterline on Thursday, as investors eyed the EU vaccine summit, amid ongoing concerns about a third wave of Covid-19.
London stocks managed a positive finish on Wednesday, having spent much of the session in the red amid ongoing worries about a third wave of coronavirus, as investors digested the latest UK inflation and business activity data.
London stocks closed in negative territory on Tuesday, with travel and leisure issues under pressure ahead of tighter border restrictions, while concerns about a third coronavirus wave in Europe and tensions between China and the West also weighed on sentiment.