Market Report - Close
London’s top-flight index closed in the red ahead of the bank holiday weekend, weighed down by a sharp move higher in sterling.
London stocks finished at their session lows on Thursday as investors took profits even after the head of the US Federal Reserve chairman made the case for allowing inflation hotter than up until now, meaning that interest rates were set to remain lower for longer.
London stocks edged higher on Wednesday boosted by positive headlines around US-China trade and the US economy.
London stocks finished well off their session highs on Tuesday despite signs of progress in Sino-US trade relations, as a weaker than expected reading on US consumer sentiment weighed on investor sentiment.
London stocks closed higher on Monday, with sentiment boosted by fresh hopes of a coronavirus treatment.
London’s top-flight index ended in the red on Friday, as investors mulled over a raft of economic data, with sterling under the cosh after the EU blamed the UK for deadlocked Brexit talks.
London equity markets closed weaker on Thursday, after a gloomy economic outlook from the US Federal Reserve and amid concerns about rising coronavirus cases, with ex-dividend stocks pacing the decline.
London’s top-flight index finished in the green on Wednesday, amid growing tensions between the US and China, as investors digested an unexpected jump in UK inflation and awaited the US Fed minutes later in the global day.
London stocks had turned negative by the close on Tuesday, amid growing tensions between the US and China, offset by a strong performance from housebuilders.
London stocks finished in positive territory on Monday, although the gains were less than spectacular, as investors weighed up dire Japanese GDP data and growing tensions between the US and China, against a liquidity boost from the People's Bank of China.
London stocks closed firmly in the red on Friday, with travel shares under pressure as the UK added more countries to its quarantine list, while disappointing data out of China and deadlocked US stimulus talks also weighed.
London stocks closed in negative territory on Thursday, with ex-dividends weighing heavily as hopes of further US stimulus faded and a trade dispute between the US and Europe dented sentiment, although the latest jobless figures out of the US did surprise.
London stocks closed in positive territory on Wednesday, as investors took dire UK GDP figures in their stride.
London stocks closed Tuesday’s session positive, as investors bet on a possible Covid vaccine from Russia as well as further US stimulus, shrugging off bleak UK jobs data.
London stocks managed to finish in positive territory on Monday, as investors digested a further escalation of tensions between the US and China.
London’s benchmark finished pretty close to flat on Friday, as investors - sweltering in an August heatwave - digested a surprisingly positive US nonfarm payrolls report, released during the afternoon.
London stocks closed on the red on Thursday, after the Bank of England stood pat on interest rates and warned the economic recovery would take longer than expected.
London stocks finished in positive territory on Wednesday, amid expectations of further coronavirus stimulus in the US, as gold prices hit a new high.
London’s benchmark finished just above the waterline after a choppy session on Tuesday, following strong gains in the previous session, as investors sifted through results from the likes of BP and Diageo.
Stocks in London finished in the green on Monday, helped by the release of a much better than expected reading on euro area factory activity last month, and similarly upbeat survey results overnight in China.