Market Report - Midday
London stocks were still firmly in the black by midday on Wednesday following a heavy selloff in the previous session, with a weaker pound lending a hand amid political turmoil.
London stocks were firmly in the red by midday on Tuesday, as worries about inflation and a global recession dented sentiment again.
London stocks were still firmly in the black by midday on Monday, helped along by strength in the energy sector.
London stocks had pared earlier losses to trade just a touch higher by midday on Friday, helped along by a weaker pound, as recessionary fears and weak manufacturing data kept a lid on gains.
London stocks were still firmly in the red by midday on Thursday amid ongoing concerns about a global downturn, as investors mulled the latest reading on UK GDP and household incomes.
London stocks were still on the back foot by midday on Wednesday amid concerns about a global slowdown.
London stocks were still firmly in the black by midday on Tuesday, having taken their cue from a positive session in Asia, with energy firms and miners pacing the gains.
London stocks were still firmer by midday on Monday, with miners pacing the advance as sentiment was boosted by a further easing of Covid restrictions in Beijing and Shanghai, and as investors scaled back Federal Reserve rate hike expectations.
London stocks had extended gains by midday on Friday, having taken their opening cue from positive US and Asian sessions, as investors digested the latest retail sales and consumer confidence data.
London stocks had reversed earlier losses to trade up by midday on Thursday, but gains were fairly muted as recession fears continued to weigh on sentiment and as investors sifted through a raft of UK data.
London stocks were still firmly in the red by midday on Wednesday after data showed that UK inflation hit a fresh 40-year high in May as energy and food prices continued to surge.
London stocks had extended gains by midday on Tuesday as investors stepped in to pick up some recently-battered shares, but Ocado bucked the trend after a discounted share placing.
London stocks had extended gains by midday on Monday, with deal news helping to lift investors’ spirits, although sentiment remained fragile amid ongoing concerns about a global recession.
London stocks had shaken off a lacklustre start to trade firmly higher by midday on Friday as investors stepped in to pick up some bargains after heavy losses in the previous session, although fears of a recession continued to weigh on the mood.
London stocks were still firmly in the red by midday on Thursday after the Bank Of England hiked rates to 1. 25%.
London stocks were rising moderately come midday Wednesday, buoyed by reports that the European Central Bank might be set to act to calm the storm sweeping across euro area bond markets and thanks to encouraging data out of China.
London stocks had fallen into the red by midday on Tuesday, unable to hold on to earlier gains amid worries about inflation as investors grew jittery ahead of rate announcements by the US Federal Reserve and the Bank of England.
London stocks had fallen further into the red by midday on Monday as investors mulled hotter-than-expected US inflation data and an unexpected contraction in UK GDP.
London stocks were firmly in the red by midday on Friday amid worries about rising inflation, as investors eyed the latest US consumer price data.
London stocks were still in the red by midday on Thursday as worries about a slowdown in economic growth and rising inflation dented sentiment, with all eyes on the latest policy announcement from the European Central Bank.