Market Report - Midday
London's blue chips climbed higher on the back of gains for resources companies and a fall in the pound on Thursday amid increased Brexit uncertainty, which saw pressure on the more domestically flavoured mid-cap index.
London stocks were off earlier lows but still in the red by midday on Wednesday, with miners pacing the decline amid fresh concerns about Sino-US trade relations.
London stocks are continuing to push higher, with Ocado leading the gains after a well-received trading statement and on the back of figures showing a drop in the rate of unemployment to its lowest level since 1975.
London stocks had extended gains by midday on Monday, helped along by a weaker pound and a strong performance from the mining sector as Theresa May made a last-ditch attempt to garner support for her Brexit deal from Northern Ireland's DUP.
London stocks had extended gains by midday on Friday as investors took heart from the latest Brexit developments in Parliament and signs of progress in Sino-US relations.
London stocks extended gains by midday on Thursday, helped along by a weaker pound as investors continued to mull over the chaotic parliamentary events of the previous night and looked ahead to a vote on whether to delay the Brexit deadline.
London stock markets were eerily calm by midday on Wednesday, treading water ahead of the Spring Statement as sterling gained amid hopes of an extension to Article 50.
London's financial markets were all caught up in the latest twists and turns of the Brexit saga on Tuesday, with stocks reversing earlier losses as sterling tumbled after attorney general Geoffrey Cox gave his legal opinion the Irish backstop.
London stocks were maintaining gains by midday on Monday as Brexit uncertainty weighed on the pound.
London stocks were still weaker by midday on Friday, with miners under the cosh following the release of disappointing Chinese trade data, while weak German industrial figures also weighed, as investors eyed the release of the latest non-farm payrolls report.
A large number of stocks going ex-dividend took its toll on London equity markets on Thursday, with disappointing earnings from the likes of NMC Health, Aviva and Admiral adding to the downside as investors eyed the latest policy announcement from the European Central Bank.
London equity markets had maintained modest gains by midday on Wednesday, helped along by a stellar performance from Paddy Power Betfair and strength in the tobacco sector, but with Brexit and Sino-US trade worries limiting the upside.
London stocks were still moderately higher by midday on Tuesday, helped along by strong performances from the likes of Vodafone and GVC as investors mulled the latest reading on the UK services sector and a downgrade of China's economic growth target for this year.
London stocks had pushed further into the green by midday on Monday as sterling eased back against the dollar after the release of weak UK construction data, with sentiment underpinned by growing optimism about a trade deal between the US and China.
London stocks pushed a little further into the green by midday on Friday as investors cheered better-than-expected Chinese manufacturing figures and mulled over a series of UK data releases, with WPP leading the charge on well-received results.
London stocks were still in the red by midday on Thursday as investors mulled weak Chinese factory data and an abrupt end to the Trump-Kim denuclearisation summit.
London stocks fell further into the red by midday on Wednesday as sterling pushed to a seven-month high against the dollar and 21-month high versus the euro amid expectations that a no-deal Brexit will be avoided.
London stocks were still firmly in the red by midday on Tuesday, dragged lower by a stronger pound as investors grew increasingly hopeful that a 'no deal' Brexit can be avoided.
London stocks had pared earlier gains by midday on Monday despite growing optimism over Sino-US trade relations, hampered by weakness in the housebuilding sector and worries about Brexit.
London stocks had extended gains by midday on Friday, helped along by strength in the mining sector and well-received results from Pearson, amid growing optimism over Sino-US trade talks.