Market Report - Opening
Stocks have started Thursday's session higher ahead of the European Central Bank's policy decision, the main risk event of the day, with investors especially focused on anything that it might have to say on the possible exit of its Pandemic Emergency Purchase Programme.
Stocks are bouncing back although rising numbers of Covid-19 infections outside of Europe, particularly in Japan and India, continue to dominate the headlines and weigh on stock markets in Asia Pacific.
Stocks were being weighed down by heavy losses in tobacco makers' shares following a Wall Street Journal report that the US administration was mulling capping the level of nicotine in cigarettes.
Stocks were slightly higher on Monday as investors bid their time ahead of the release of a raft of key economic surveys at the end of the week and their potential impact on bond markets.
London stocks rose in early trade on Friday, with the top-flight index breaching the 7,000 level for the first time since February 2020 as investors mulled encouraging Chinese growth figures.
London stocks edged higher in early trade on Thursday, underpinned by a solid showing in the mining sector and well-received updates from the likes of Entain and AO World.
London stocks were steady in early trade on Wednesday, held back by a stronger pound and disappointing results from Tesco, as investors awaited further news on the Johnson & Johnson Covid-19 vaccine that has been paused amid blood clot concerns.
London stocks nudged lower in early trade on Tuesday as investors mulled the latest UK GDP reading and looked ahead to the release of US inflation data.
London stocks fell in early trade on Monday even as England’s economy began to open up, with non-essential shops, pubs, hairdressers and gyms all open after months in lockdown.
London stocks nudged lower in early trade on Friday as the recent rally ran out of steam.
London stocks rose in early trade on Thursday after the US Federal Reserve signalled it will keep monetary policy loose.
London stocks rose in early trade on Wednesday amid recovery hopes, as investors eyed the latest reading on the UK services sector.
London stocks rose in early trade on Tuesday, taking their cue from a record session on Wall Street.
London stocks rose in early trade on Thursday, with a profit upgrade from Next and US President Joe Biden’s $2trn infrastructure plan helping to underpin sentiment, amid rising Covid cases and tighter restrictions in Europe.
London stocks edged lower in early trade on Wednesday following a negative session on Wall Street, as investors mulled the latest UK GDP reading.
London stocks rose in early trade on Tuesday as investors looked past the Archegos Capital collapse.
London stocks were little changed in early trade on Monday as investors weighed up recovery hopes against the fallout from Archegos’s fire sale.
London stocks rose in early trade on Friday following the release of encouraging UK retail sales data.
London stocks nudged lower in early trade on Thursday, with investors cautious ahead of an EU vaccine summit.
London stocks fell in early trade on Wednesday amid ongoing concerns about a third wave of coronavirus, as investors digested the latest UK inflation data.