Market Report - Close
London-listed stocks were left nursing moderate losses amid mixed reports out of the US-China trade talks in Shanghai and ahead of interest rate decisions by the Federal Reserve later in the session and the Bank of England the next day.
Stocks reversed course shortly after noon, forfeiting some of the prior session's big gains after the US President accused China of backtracking on its pledges to purchase more agricultural commodities from his country, even as trade officials from both countries were due to meet again in Shanghai for two days of negotiations.
Britain's top-flight index outperformed peers on the Continent and across the Atlantic on Monday as the Sterling endured one of its biggest one-day drops since the Brexit referendum and helped by a wave of fresh mergers and acquisitions-related news.
London stocks had closed higher on Friday, boosted by well-received results from the likes of Vodafone and Pearson, as investors eyed the release of US second-quarter GDP data and were still looking for final results from Sports Direct.
London stocks had fallen into the red by the close on Thursday, after a slew of earnings news, and as investors digested the latest policy announcement from the European Central Bank.
London stocks had pared back some of their earlier losses by the close on Wednesday, but still finished in the red, with market sentiment weighed down by weakness in the mining sector.
London stocks held on to most of their gains by the close on Tuesday, as markets digested the fact that Boris Johnson would be crowned Prime Minister after winning the Tory leadership contest.
London stocks finished just above the waterline by the close on Monday, as the pound was dented by political woes.
London stocks sneaked into the green by the close on Friday, as investors digested news that public sector net borrowing in the UK rose sharply in June and continued to react to Fed developments stateside overnight.
London stocks finished a tad lower on Thursday amid ongoing worries about Sino-US trade relations, while sterling moved higher after the European Union's chief trade negotiator, Michel Barnier, told the BBC he was open to alternative solutions for the Irish border.
London stocks were lower on Wednesday amid renewed concerns about Sino-US trade relations.
London stocks had pushed into the green by the end of trading on Tuesday, as sterling slumped on Brexit woes, despite the release of solid UK jobs data.
London stocks ticked higher on Monday as investors mulled mixed Chinese economic data and the start of the US second quarter earnings season as banking giant delivered a solid score card for the three months to June.
London's top-flight index was dragged lower by continued strength in Sterling at the end of the week, albeit only marginally, amid building expectations for rate cut across the Pond, even as Wall Street's main market gauges nudged higher into record territory.
London listed shares turned in another mixed session on Thursday with the the Footsie weighed down by pound strength and amid increasing 'market chatter' around the possibility of a 'no deal' Brexit.
London stocks finished the session little changed despite the head of the US central bank opening the door to interest rate cuts, as his remarks put a bid into Sterling.
Weakness in Sterling helped to cushion the blow to London stocks from the worst retail sales data on record even as investors waited on a potentially key speech from the head of the US Federal Reserve scheduled for the next day.
London stocks dipped on Monday as investors continued to mull last week's better-than-expected non-farm payrolls report and looked ahead to some key events later in the week.
London stocks finished Friday’s session in the red, as investors digested better-than-expected US non-farm payrolls data, with miners and housebuilders under pressure.
London stocks were little changed on Thursday with what traders were left in the market opting to sit on their hands on account of the 4 July holiday in the States and ahead of the monthly US jobs report due out the next day which might heavily influence near-term expectations for the Federal Reserve.