Market Report - Midday
London stocks were still in the black by midday as investors continued to cheer an easing in US inflation and mulled the latest UK manufacturing figures.
London stocks were still firmer by midday on Thursday as investors digested a slew of UK earnings releases and the latest mortgage approvals figures, and looked to a key US inflation reading.
London stocks had extended gains by midday on Wednesday, dragged lower by St James’s Place and Reckitt Benckiser after disappointing results, as investors eyed US GDP data.
London stocks had pared earlier small gains to trade flat by midday on Tuesday as investors erred on the side of caution ahead of key US inflation data later this week.
London stocks were still in the red by midday on Monday as investors eyed the release of key US data this week, with housebuilders under pressure amid news of a probe by the competition watchdog.
London stocks had pared earlier gains to trade flat by midday on Friday, but Standard Chartered powered ahead as it unveiled a $1bn share buyback.
London stocks had edged higher by midday on Thursday as investors cheered solid results from US AI chipmaker Nvidia overnight and strong numbers from engine maker Rolls-Royce.
London stocks were still in the red by midday on Wednesday, led lower by HSBC and Glencore after results, as investors eyed the latest minutes from the Federal Reserve and results from US AI chipmaker Nvidia.
London's stocks were in a mixed state at midday on Tuesday, as concerns around China's economic outlook continued to weigh on mining stocks.
London stocks had edged up by midday on Monday, reversing earlier small losses, as Currys rocketed amid takeover interest.
London stocks had extended gains by midday on Friday following the release of better-than-expected UK retail sales data and well-received results from NatWest.
London stocks had dipped into the red by midday on Thursday as investors mulled news that the UK fell into recession at the end of 2023.
London stocks had extended gains by midday on Wednesday, with housebuilders on the front foot as data showed that UK inflation was steady in January, taking pressure off the Bank of England to keep rates higher for longer.
London stocks were still a little lower by midday on Tuesday as investors mulled a slowdown in UK wage growth and looked ahead to a key US inflation reading.
London stocks had drifted lower in quiet trade by midday on Monday, with little in the way of corporate of macro news to provide direction.
London stocks had nudged higher by midday on Friday, with Convatec in the lead after solid results from a Danish peer.
London stocks had turned lower by midday on Thursday, giving up earlier gains as AstraZeneca slid after results.
London stocks had reversed earlier small gains to trade lower by midday on Wednesday as investors mulled the latest Halifax house price data and a big M&A deal in the housebuilding sector.
London stocks were off highs but still in the black by midday on Tuesday after a better-than-expected reading on the UK construction sector, and with BP pacing the gains as the oil giant expanded its share buybacks.
London stocks were still in the black by midday on Monday after better-than-expected UK services data, as investors mulled the latest comments from Federal Reserve chairman Jerome Powell.