Market Report - Close
London stocks finished above the waterline on Monday, following the release of the latest UK manufacturing data, as investors kept an eye on ongoing tensions between the US and China after US President Trump’s news conference last week.
London stocks closed firmly in the red on Friday, amid growing tensions between the US and China.
London stocks remained positive through to the close on Thursday, as optimism over lockdown easing helped to offset concerns about unrest in Hong Kong and a deterioration in Sino-US relations.
London stocks had pared back some earlier gains by the close on Wednesday, but still finished positive as optimism over lockdown easing offset concerns about growing tensions in Hong Kong and souring relations between the US and China.
London closed firmly in the green on Tuesday, with travel shares pacing the advance as investors welcomed an easing of lockdown measures and travel restrictions.
London’s benchmark pared back some earlier losses on Friday afternoon, but still closed in the red following news that Beijing was planning to impose a new security law on Hong Kong, and after the release of uninspiring UK data.
London’s benchmark slipped back into the red in late trading on Thursday, having briefly broken above the waterline during the afternoon, amid growing tensions between the US and China, and after Whitbread announced a £1bn rights issue.
London stocks finished on Wednesday, with optimism regarding the lifting of lockdowns on many overseas economies helping to offset a dip in optimism over potential coronavirus vaccines.
London’s benchmark index remained below the waterline by the close on Tuesday as data revealed a surge in unemployment claims.
London stocks closed significantly higher on Monday, finishing above 6,000 for the first time in almost three weeks, after a strong showing in the energy and mining sectors amid optimism over lockdown easing and a slowdown in new Covid-19 cases.
London stocks finished comfortably higher on Friday, as miners were boosted by better-than-expected Chinese industrial production figures.
London stocks finished well into the red on Thursday, as markets were gripped by worries about a second wave of coronavirus infections and a global recession.
London stocks finished in the red on Wednesday as dire UK GDP and worries about a second wave of coronavirus infections dented sentiment.
London’s benchmark managed to hold on to its gains by the close on Tuesday, underpinned by well-received updates from the likes of Vodafone and Morrisons, as investors continued to mull the implications of lockdown easing at home and abroad.
London stocks closed just above the waterline on Monday, after a choppy session in which investors tried to make sense of the easing of lockdown measures in the UK, while a poor showing in the airline sector weighed.
London stocks closed firmly in the green on Thursday amid lockdown easing hopes, as investors mulled the latest policy announcement from the Bank of England and digested another week of poor jobs data out of the United States.
London’s benchmark managed to close just above the waterline on Wednesday, despite the release of dire UK construction figures, as investors digested a dire private sector jobs report from the United States.
London stocks closed in the black on Tuesday, underpinned by a strong showing from oil giants Shell and BP, as investors mulled the latest reading on the UK services sector.
London stocks finished in the red on Monday, with the benchmark index closing just below the waterline, as souring relations between the US and China continued to undermine sentiment.
London stocks closed well into the red on Friday, after US President Donald Trump threatened China with new tariffs in retaliation for the coronavirus pandemic, while investors digested dire UK manufacturing data.