Market Report - Midday
London midday: Stocks in the black amid data deluge; D-day for GKN
With the long Easter weekend just hours away, you might have been forgiven for assuming that Thursday’s session would be a little limp.
London midday: Stocks off lows as Shire surges on deal news
Deal news helped London equity indices pare losses by midday on Wednesday, after a technology-led selloff on Wall Street sparked early losses.
London midday: FTSE regains 7000 level as dollar rebounds
The FTSE 100 surged above the 7,000 mark on Tuesday as markets swung from pessimism to optimism over the chances of averting a global trade war, with the surging dollar helping many of London's multi-national giants.
London midday: Deals, oil and upgrades help FTSE pare losses
London stocks were adding to their slight gains by midday Monday morning as dealmaking and broker upgrades helped investors attempts to erase last week's losses.
London midday: Stocks maintain losses amid trade war fears; Smiths tumbles on results
London stocks were still in the red by midday as financial markets were hit by fresh worries about a trade war after China promised immediate retaliation against the import tariffs levied by US President Donald Trump.
London midday: Stocks in the red as BoE votes 7-2 to keep rates on hold
London stocks had extended losses by midday on Thursday as the pound held its gains after the Bank of England kept interest rates steady, as expected, while signalling that an increase in May might be on the cards.
London midday: Stocks fall further as sterling gains on accelerating wage growth
London stocks had extended losses by midday on Wednesday as the pound gained ground after UK wage growth was shown to have accelerated more than expected at the start of the year, while a slew of updates from retailers meant the high street was very much in focus.
London midday: Stocks keep grip on gains after softer inflation data
London stocks were holding on to gains by midday on Tuesday, helped along by more deal news and with analysts divided over whether the softer-than-expected UK inflation print will ease pressure on the Bank of England to raise rates in May.
London midday: Stocks slide as pound pops on Brexit transition deal
London stocks fell further into the red by midday on Monday as the pound rallied on the back of a draft Brexit deal, with traders also looking ahead to a week ahead that includes monetary policy meetings for the US Federal Reserve and the Bank of England.
London midday: Miners and financials lift FTSE as Berkeley update hits builders
London equity indices were doing their darnedest to try and finish the week on a positive note, with the mining and financial heavyweights offsetting caution hitting the housebuilding and retail sectors.
London midday: Unilever, Cussons, trade fears all drag on FTSE
London stocks had pared earlier gains by midday on Thursday amid worries about a possible trade war between the US and China, while news that Unilever is shunning the UK for new headquarters in Rotterdam did little to boost sentiment.
London midday: Stocks rise as investors cheer Prudential spin-off; US retail sales eyed
London stocks were adding to their early gains by midday on Wednesday, recovering somewhat from losses in the previous session as a strong performance from miners and Prudential lent a hand.
London midday: Stocks flat as investors eye spring statement, US inflation
London stocks were flat by midday on Tuesday, with investors reluctant to make any big bets either way ahead of Chancellor Philip Hammond's spring statement and the latest inflation reading from across the pond.
London midday: Stocks flatten out as Melrose drops after sweetening GKN offer
London stocks had flattened out by midday on Monday, failing to build on the gains seen on Wall Street at the end of last week as investors mulled over news that London house prices have slumped over the last year, while M&A was in focus as Melrose sweetened its hostile bid for GKN.
London midday: Stocks muted ahead of payrolls; construction data disappoints
London stocks were still little changed by midday on Friday, with investors erring on the side of caution ahead of the non-farm payrolls report, as data revealed that the UK construction sector suffered its biggest monthly drop in six years in January.
London midday: Stocks steady ahead of ECB; Countrywide craters on results
Equity indices in London were steady by midday on Thursday ahead of the latest monetary policy statement from the European Central Bank and as the US began to make concessions on trade.
London midday: Stocks off lows as Rolls-Royce rockets, but Cohn resignation weighs
London stocks had pared losses by midday on Wednesday, helped by a stellar performance from Rolls-Royce, although the resignation of US President Trump's chief economic advisor Gary Cohn and the prospect of a trade war kept investors on edge.
London midday: Stocks extend gains as paper and packaging sector rallies
London equity markets had extended gains by midday on Tuesday, underpinned by strength in the paper and packaging sector after Smurfit Kappa rejected a takeover bid, as concerns about a US trade war receded.
London midday: Stocks edge higher after better-than-expected services data
London stocks were a little firmer by midday on Monday as investors digested better-than-expected services data and Theresa May's housing market speech, though lingering fears of a US trade war kept a lid on gains.
London midday: Stocks extend losses on trade war fears, ahead of Brexit speech
London stocks had fallen further into the red by midday on Friday following the release of a better-than-expected but still uninspiring reading on the UK construction sector, as worries about a global trade war and an upcoming Brexit speech by Prime Minister Theresa May rattled investors.