Market Report - Close
London close: FTSE edges up as housebuilders recover; pound steadies
London stocks ended a little higher on Friday, supported by a strong showing from the recently-battered housebuilding sector and an upward revision to UK GDP, but underperforming its European counterparts.
London close: Stocks tumble on growing recession fears
London stocks closed well below the waterline on Thursday, while government bond yields were rising again as investors continued to fret about the implications of last week’s mini-budget, and the Bank of England’s bond market intervention.
London close: Stocks finish green as BoE intervenes
London stocks managed a positive finish to trading on Wednesday, after the Bank of England stepped in to stabilise the gilt market.
London close: Stocks weaker as battered pound inches higher
London stocks closed in the red on Tuesday, with housebuilders under particular pressure, while sterling regained some poise after hitting an all-time low versus the dollar a day earlier.
London close: FTSE 100 manages positive finish on dire day for pound
London stocks were mixed at the close on Monday, with sterling clawing back from a record post-decimalisation low against the dollar amid concerns the swathe of tax cuts announced by chancellor Kwasi Kwarteng last week would do little to boost growth, and instead add to inflation.
London close: Stocks weaker, sterling slides on Kwarteng's plans
London stocks were well below the waterline by the close on Friday, as sterling tumbled through the session after Chancellor Kwasi Kwarteng announced some of the biggest tax cuts since Margaret Thatcher’s premiership.
London close: Stocks fall further after BoE rate hike
London stocks closed in the red on Thursday, after the Bank of England lifted interest rates by 50 basis points, on the back of a 75-basis point hike from the US Federal Reserve across the pond.
London close: Stocks finish firmer amid Russia, Fed concerns
London stocks managed a positive finish on Wednesday, underpinned by strength in the housebuilding sector, as investors braced for another big rate hike by the US Federal Reserve.
London close: Stocks weaker as central bank jitters grow
London stocks finished in the red on Tuesday, after Sweden’s central bank announced its biggest rate hike in nearly three decades, heightening expectations of big moves from the US Federal Reserve and the Bank of England later in the week.
London close: Stocks weaker on dark day for sterling
Stocks closed weaker alongside a big drop in the pound on Thursday, taking the currency to levels not seen since the ‘Black Wednesday’ currency crisis in 1992.
London close: Stocks book small gains on US data deluge
London stocks managed muted gains by the close on Thursday, recovering from heavy losses a day earlier as investors digested the latest US retail sales data.
London close: Stocks lower despite inflation slowdown
London stocks closed below the waterline on Wednesday amid continued consternation over a hotter-than-expected US inflation print, with the latest UK CPI data also in focus.
London close: Stocks turn weaker as US inflation comes in hot
London stocks turned to a negative finish on Tuesday, as investors mulled higher-than-expected inflation data from the US, as well as the latest UK jobs data.
London close: FTSE gains as retailers, miners rally; GDP disappoints
London stocks ended sharply higher on Monday thanks to strong showings in the retail and mining sectors, as investors mulled weaker-than-expected UK GDP data.
London close: FTSE gains as miners rally on China data
London stocks ended firmly in the black on Friday with miners pacing the advance after data revealed a slowdown in Chinese inflation.
London close: FTSE rises as Truss unveils energy support package
London stocks closed up on Thursday after new prime minister Liz Truss announced details of an energy bill support package.
London close: Stocks sag after weak Chinese foreign trade data
London stocks finished in the red on Wednesday as disappointing Chinese trade data dented sentiment even as rate hike expectations on both sides of the Pond continued to mount.
London close: FTSE edges up, sterling gains on Truss energy plan
London stocks ended a little higher on Tuesday, while sterling was boosted by news that new prime minister Liz Truss is planning to freeze energy bills.
London close: Stocks end on mixed note gas prices rebound
London stocks finished on a mixed note on Monday, as Brent oil moved higher and gas prices surged, the latter following Russia's decision to indefinitely suspended gas flows through the Nord Stream 1 pipeline to Germany.
London close: FTSE ends up after non-farm payrolls report
London stocks ended firmly in the black on Friday, supported by an upbeat US session, as investors digested what many were calling a "’Goldilocks" non-farm payrolls report.