Market Report - Midday
London stocks had risen further by midday on Friday as sterling fell after the release of weak PMI data, with sentiment underpinned by renewed optimism about a China-US trade deal.
London stocks were still in the red by midday on Thursday amid concerns about a lack of progress in China-US trade talks, but British Gas owner Centrica bucked the trend on the back of a well-received trading statement.
London stocks had fallen further into the red by midday on Wednesday as concerns about trade relations between the US and China dented the mood, while results from the likes of Kingfisher and Sage also weighed.
London stocks had extended gains by midday on Tuesday, helped along by a weaker pound and some well-received corporate releases, as investors mulled mixed news on the trade front.
London listed shares were holding on to their gains come midday on the back of news of "constructive" contacts between top US and Chinese trade negotiators at the weekend and after China's central bank trimmed its main official short-term policy interest rate.
Stocks in London were trading lower at the end of the week, reversing early gains, even after a top White House official told reporters that a US-China trade deal was "near", assuaging some investors' concerns of a potential 'false dawn' in negotiations.
London stocks had extended losses by midday on Thursday following the release of disappointing retail sales data, but luxury fashion brand Burberry rallied on the back of well-received interim results.
London stocks were still in the red by midday on Wednesday after an eagerly-awaited speech by US President Trump left investors disappointed, while escalating unrest in Hong Kong also weighed on the mood.
London stocks were still in the green by midday on Tuesday as investors mulled the latest reading on the UK jobs market and looked ahead to a speech by US President Donald Trump for any clues on trade talks with China.
London stocks had extended losses by midday on Monday amid worries about Sino-US trade relations and escalating protests in Hong Kong, while the latest GDP reading showed the UK economy avoided a recession despite the slowest annual growth in nearly a decade.
London stocks were off lows but still in the red by midday on Friday as optimism over a trade deal between the US and China faded.
London stocks were still a little higher by midday on Thursday after the Bank of England kept interest rates on hold but with two dissenters, as investors waded through an avalanche of corporate news and welcomed signs of progress in US-China trade relations.
London equity markets were little changed by midday on Wednesday as investors paused for breath following recent gains, with property stocks under pressure after a downbeat update from Intu Properties.
London stocks had ticked a little higher by midday on Tuesday as hopes of a Sino-US trade deal boosted the mining sector, but gains were unspectacular as investors mulled the latest reading on the services sector.
London stocks had extended gains by midday on Monday, with miners leading the charge amid growing optimism over a Sino-US trade deal.
London stocks were still a little higher by midday on Friday as investors mulled better-than-expected Chinese manufacturing figures and looked ahead to the release of the latest US non-farm payrolls report.
London stocks had extended losses by midday on Thursday, dragged lower by a stronger pound, as fresh uncertainty over a potential Sino-US trade deal and disappointing results from the likes of Shell and Lloyds spooked investors.
London stocks had flattened out by midday on Wednesday as investors mulled the prospect of a general election before Christmas and sifted through updates from the likes of Next and Standard Chartered.
London stocks had fallen further into the red by midday on Tuesday as Britain looked set for a December general election, with oil giant BP pacing the decline after its third-quarter results.
London stocks were off earlier lows but still in the red by midday on Monday, with banking shares pacing the decline after disappointing earnings from HSBC, as traders mulled the EU's decision to grant a three-month Brexit extension.