Market Report - Midday
London midday: Stocks pare gains after eurozone GDP; IAG slumps
London stocks had flattened out by midday on Friday as weak eurozone growth figures offset stellar earnings from the US technology sector.
London midday: Stocks fall further as Lloyds results disappoint
London stocks were firmly in the red by midday on Thursday following disappointing results from the likes of Lloyds.
London midday: Stocks edge higher as Next surges on results; Fed eyed
London stocks were higher by midday on Wednesday, boosted by strong performances from the likes of Next and Smurfit Kappa, but gains were modest amid ongoing concerns about the Covid-19 pandemic and ahead of the Federal Reserve’s latest policy announcement.
London midday: Stocks turn lower as virus fears take hold again
London stocks had reversed earlier gains by midday on Tuesday as worries about a rise in new coronavirus infections outweighed hopes of a US stimulus package and a strong showing in the housebuilding sector.
London midday: Stocks pare losses as gold rally boosts precious metals miners
London stocks were off earlier lows by midday on Monday as a strong showing from precious metals miners helped to offset weakness in the travel sector, after Ryanair warned over a second wave of coronavirus infections.
London midday: Stocks off lows after UK PMIs; Sino-US tensions in focus
London stocks were still in the red but off earlier lows by midday on Friday as it emerged that business activity in the UK grew at its fastest pace in five years in July, amid concerns about escalating tensions between the US and China.
London midday: Stocks maintain gains despite Sino-US tensions
London stocks were higher by midday on Thursday despite escalating tensions between the US and China, as investors sifted through a raft of corporate news.
London midday: Stocks extend losses amid China-US spat
London stocks had extended losses by midday on Wednesday amid growing tensions between the US and China and reports the UK is close to giving up on a Brexit trade deal.
London midday: Stocks maintain gains on EU rescue deal
London stocks had maintained gains by midday on Tuesday as investors breathed a sigh of relief after EU leaders agreed on a Covid-19 rescue package.
London midday: Stocks maintain losses amid Covid worries; EU talks in focus
London stocks were still in the red by midday on Monday amid ongoing concerns about a rise in new coronavirus cases in the US and elsewhere, and as EU talks over a rescue fund dragged on.
London midday: Stocks gain as investors eye EU summit; Homeserve rallies
London stocks had risen a little further by midday on Friday as investors eyed an EU summit in Brussels to discuss a coronavirus rescue fund.
London midday: GVC pacing the decline as investors mull UK jobs data
London stocks were still lower by midday on Thursday, with Ladbrokes owner GVC under the cosh after a trading update, as investors mulled the latest UK jobs data and economic growth figures out of China.
London midday: Stocks extend gains on Covid vaccine hopes
London stocks had extended gains by midday on Wednesday, with sentiment boosted by hopes of a coronavirus vaccine.
London midday: Stocks in the red as GDP data disappoints
London stocks were off earlier lows but still in the red by midday on Tuesday amid ongoing concerns about new coronavirus cases in the US and following the release of disappointing UK GDP data.
London midday: Miners pace the advance as copper prices rally
London stocks were still firmly in the black by midday on Monday despite ongoing concerns about the pandemic, with miners pacing the gains as copper prices rallied and as hopes of a Covid-19 vaccine lifted sentiment.
London midday: Stocks turn higher despite Covid concerns
London stocks had shaken off early losses to trade higher by midday on Friday despite ongoing concerns about a rise in new coronavirus cases and a gloomy economic forecast from ratings agency Moody’s.
London midday: Stocks lose ground as Rolls-Royce slumps, sterling gains
London equity markets had fallen into the red by midday on Thursday, with Rolls-Royce pacing the decline after a first-half trading update, while a firmer pound also weighed on stocks.
London midday: Stocks a little lower ahead of Sunak speech
London stocks were still a little lower by midday on Wednesday amid worries about a rise in coronavirus cases in the US and Australia, as investors eyed Chancellor Rishi Sunak’s mini budget.
London midday: Stocks fall further as EC cuts growth forecasts
London stocks had fallen further into the red by midday on Tuesday as the European Commission slashed its growth forecasts, with concerns about a rise in new coronavirus cases continuing to weigh on sentiment.
London midday: Stocks push higher as housebuilders rally
London stocks were firmly in the black by midday on Monday, underpinned by a strong showing from housebuilders as investors digested a better-than-expected reading on the UK construction sector.