Market Report - Midday
London midday: Stocks up but gains muted ahead of rate announcements
London stocks were higher by midday on Monday, but gains were muted ahead of a busy week that includes rate announcements from the US Federal Reserve and the Bank of England.
London midday: Stocks maintain losses after US tech earnings; NatWest slides
London stocks were still in the red by midday on Friday following underwhelming results overnight from Apple and Amazon, and as NatWest tumbled after its third-quarter numbers.
London midday: Shell paces the gains after Q3 results
London stocks were still in the black by midday on Thursday, underpinned by well-received results from Shell, as investors eyed the latest policy announcement from the European Central Bank.
London midday: Stocks trade mixed as pound blasts higher
London stocks were mixed come midday on Wednesday as investors reacted poorly to results from US technology giants Alphabet and Microsoft overnight, with losses in Barclays and Standard Chartered in focus on home turf.
London midday: Stocks in the red as HSBC slumps
London stocks were in the red by midday on Tuesday as initial enthusiasm over Rishi Sunak’s selection as prime minister waned, with HSBC under the cosh after results.
London midday: Stocks, sterling little changed as Sunak set to become PM
London stocks were little changed by midday on Monday, while sterling had pared gains, as former chancellor Rishi Sunak looked set to be crowned prime minister after Boris Johnson pulled out of the race.
London midday: FTSE and sterling slide amid political uncertainty, disappointing data
London stocks had fallen further by midday on Friday, sterling was sharply lower against the dollar and government bond yields were rising again amid political uncertainty, as data showed that retail sales slumped and government borrowing leapt in September.
London midday: Stocks little changed as Truss clings on
London stocks had pared earlier losses by midday on Thursday amid political chaos, as No 10 confirmed that prime minister Liz Truss was meeting Sir Graham Brady, the chairman of the 1922 Committee of backbench MPs.
London midday: Stocks little changed as investors mull inflation data
London stocks were still little changed by midday on Wednesday as data showed that UK inflation hit double digits again in September.
London midday: Stocks stay up, sterling falls as BoE disputes bond sale delay
London stocks were still in the black by midday on Tuesday, but sterling fell and gilt yields rose after the Bank of England appeared to deny reports that it wanted to delay selling billions of pounds of government bonds.
London midday: Energy firms pace gains as Hunt scraps mini-budget
London stocks had extended gains by midday on Monday, while sterling rose and gilt yields fell as new Chancellor Jeremy Hunt put the final nail in the coffin of his predecessor’s so-called mini-budget.
London midday: FTSE maintains gains as budget U-turn expected
London stocks were still firmly in the black by midday on Friday, with prime minister Liz Truss expected to hold a press conference amid growing speculation the government will backtrack once more on its controversial mini-budget.
London midday: FTSE pares losses to trade flat ahead of US inflation
London stocks had pared earlier losses to trade flat by midday on Thursday as investors eyed the release of key US inflation data.
London midday: FTSE flat, sterling up as BoE confirms end of bond-buying programme
London stocks were flat by midday on Wednesday, while sterling shot up after the Bank of England reiterated that its emergency bond-buying programme will end on Friday as expected.
London midday: Stocks fall after BoE intervenes in bond markets again
London stocks had extended losses by midday on Tuesday as further bond market intervention from the Bank of England dented sentiment, and as investors mulled the latest UK jobs data.
London midday: Stocks fall amid escalating Ukraine tensions, Fed worries
London stocks were still lower by midday on Monday as tensions in Ukraine escalated and amid concerns the US Federal Reserve will maintain its hawkish stance after a better-than-expected jobs report last week.
London midday: Stocks nudge up ahead of payrolls; Wetherspoons surges
London stocks had edged higher by midday on Friday after a muted start, as investors eyed the release of the latest US non-farm payrolls report.
London midday: Stocks turn lower as Shell slides on profit warning
London stocks had turned lower by midday on Thursday, with Shell under the cosh after a profit warning.
London midday: Stocks fall further as investors eye OPEC meeting, mull Truss speech
London stocks had extended losses by midday on Wednesday following three days of gains, as investors mulled the latest reading on UK business activity and looked ahead to an OPEC+ meeting on supply.
London midday: Stocks surge, Legal & General rallies after update
London stocks were sharply higher by midday on Tuesday amid hopes of a less hawkish policy stance from the US Federal Reserve and as investors welcomed news that chancellor Kwasi Kwarteng plans to bring forward the publication of his debt-reduction proposals.