Market Report - Midday
London midday: Gains for Big Oil push Footsie higher
London stocks are moving higher on the last trading session of July despite another round of heavy selling in the US technology space the day before, helped by big gains from oil majors BP and Shell.
London midday: Stocks come off lows, analysts cautious ahead of BoE
Stocks have come off their lows of the session, with traders opting to sit on their hands ahead of key policy announcements from two of the main foreign central banks scheduled for later in the week and before a keenly awaited decision on interest rates from the Bank of England on Thursday.
London midday: Stocks rally as earnings impress; US Q2 GDP eyed
London stocks firmed up by midday on Friday, underpinned by solid earnings from the likes of BT, Pearson and Reckitt, as investors eyed the advance reading on US second-quarter GDP.
London midday: Stocks stay flat as earnings roll in; Shell under the cosh
London stocks were still basically halfway through Thursday's session as investors mulled over the progress made at the meeting between US President Trump and EU Commission President Jean-Claude Juncker a day earlier and waded through a barrage of earnings reports, with oil giant Shell under the cosh after its second-quarter numbers.
London midday: Stocks extend losses as jitters set in, earnings avalanche digested
London stocks had extended losses by midday on Wednesday as jitters set in ahead of US President Trump's meeting with EU Commission President Jean-Claude Juncker, with a deluge of earnings news to keep investors busy until then.
London midday: Stocks accelerate as miners climb on China stimulus
London stocks became more confident by midday as miners built on the morning's tentative start to extend gains, oil prices levelled off and the CBI delivered a better-than-expected survey on the UK's manufacturing sector.
London midday: Stocks maintain losses as Trump tweet knocks sentiment
London stocks were still in the red by midday on Monday as US President Trump's latest Twitter outburst knocked sentiment, while a disappointing update from Ryanair weighed on airlines.
London midday: Stocks turn lower as Trump ramps up trade war rhetoric
London stocks took a turn for the worse by midday on Friday as it emerged that President Trump had ramped up his trade war rhetoric, although there was some good news in the form of improved UK public finances.
London midday: Stocks maintain gains as pound slides on inflation data
London stocks were maintaining gains by midday on Wednesday as stalling inflation piled more pressure on the pound, while updates from airline EasyJet and miner BHP Billiton lent a hand.
London midday: Miners cap gains even as pound slumps on retail sales
London stocks were up just a touch by midday on Thursday even as the pound took another beating, falling below $1. 30 after the release of disappointing retail sales figures, as losses in the mining sector kept a lid on gains.
London midday: Stocks nudge down after jobs data; Royal Mail and TalkTalk rally
London stocks had nudged a touch lower by midday on Tuesday as investors digested the latest UK jobs data, although there were some bright spots on the corporate front in the form of updates from the likes of Royal Mail and TalkTalk.
London midday: Stocks turn lower as energy sector takes a hit
London stocks had fallen firmly into the red by midday as weaker oil prices weighed on the energy sector and the pound strengthened, with Hargreaves Lansdown leading the fallers after a report from the City watchdog.
London midday: Stocks maintain gains as pound dented by Trump comments
London stocks were still in the green by midday on Friday as the pound was knocked lower after US President Trump said the Prime Minister's soft Brexit plan would "probably kill" any trade deal with the US.
London midday: Stocks bounce back from heavy losses
London stocks had extended gains by midday on Thursday, bouncing back from the heavy losses seen in the previous session after tensions between the US and China escalated.
London midday: Stocks maintain losses as trade war fears intensify
London stocks were firmly in the red by midday on Wednesday as trade tensions between the US and China ramped up a notch after Donald Trump followed through on his threat to slap tariffs on an extra $200bn of Chinese goods.
London midday: Stocks extend gains as investors wade through data
London stocks were in the green by midday on Tuesday following a fairly choppy start as investors mulled over the latest political developments and a slew of UK data releases.
London midday: World Cup feelgood factor helps boost consumer stocks
London stocks climbed to their highest level in almost a fortnight on Monday in spite of a resurgent pound as Brexit Secretary David Davis resigned from the government and consumer stocks rode a wave of public good feeling after England's World Cup victory over the weekend.
London midday: Stocks go into reverse as trade war kicks off
London stocks quickly lost confidence on Friday morning and slid into the red as the US and China finally kicked off their long-mooted trade war, while the UK government continued to squabble over Brexit customs plans.
London midday: FTSE shrugs off hawkish Carney speech
Share prices in London ping-ponged back higher on Thursday as the stock market continued its back and forth pattern with a mix of housebuilders and miners driving the gains despite the pound climbing on comments from Bank of England Governor Mark Carney.
London midday: Stocks stay down amid trade jitters; services PMI beats forecasts
London stocks were stuck in the red at midday on Wednesday even as the pound ticked higher on the back of better-than-expected services data, with global trade concerns still weighing on investor sentiment.