Market Report - Midday
London midday: Stocks drift lower with China still in focus
London stocks edged lower on Thursday as investors continued to fret about surging Covid cases in China and Beijing’s decision to lift travel bans.
London midday: Shares outperform as miners, financials up on China hopes
UK shares were outperforming European counterparts after returning from the Christmas on Wednesday, as optimism over China's easing of Covid curbs outweighed concerns around skyrocketing Covid-19 case numbers in the country.
London midday: FTSE maintains gains as Santa comes to town
London stocks were still in the black by midday on Thursday despite uninspiring UK GDP data, having taken their cue from a solid session on Wall Street.
London midday: FTSE extends gains; JD Sports surges on Nike results
London stocks had extended gains by midday on Wednesday following a positive close on Wall Street, as investors mulled the latest UK borrowing and retail sales figures.
London midday: Stocks pare losses as investors mull BoJ move
London stocks had pared earlier losses to trade flat by midday on Tuesday as investors mulled a surprise policy shift from the Bank of Japan.
London midday: Stocks push up as Shell, BP rally
London stocks had risen further by midday on Monday, underpinned by a strong showing in the energy sector.
London midday: FTSE slumps as recession fears, uninspiring data dent mood
London stocks had extended losses by midday on Friday amid recession fears, with a batch of uninspiring UK data doing little to lift the mood.
London midday: Stocks stay down after BoE rate announcement
London stocks remained in the red just after midday on Thursday as the Bank of England hiked rated by 50 basis points to tackle surging inflation, as expected, and as investors digested a hawkish policy announcement from the US Federal Reserve.
London midday: FTSE stays down ahead of Fed decision, after UK inflation
London stocks were still a little lower by midday on Wednesday as investors digested UK inflation data and erred on the side of caution ahead of a rate decision from the US Federal Reserve.
London midday: Stocks edge up after UK jobs data, ahead of US CPI
London stocks had risen by midday on Tuesday but gains were unspectacular as investors mulled the latest UK jobs figures and awaited the release of key US inflation data.
London midday: FTSE touch lower after GDP, ahead of central bank announcements
London stocks were off lows but still in the red by midday on Monday as investors digested the latest UK GDP data and looked ahead to a week filled with key central bank announcements.
London midday: FTSE flat as investors mull City regulation shake-up
London stocks were flat by midday on Friday, as investors mulled Chancellor Jeremy Hunt's City regulation shake-up and looked ahead to key central bank announcements next week.
London midday: Stocks a touch weaker as recession worries weigh
London stocks were still a touch weaker by midday on Thursday as recession fears continued to weigh on sentiment.
London midday: Stocks nudge lower amid recession fears; GSK rallies
London stocks had nudged into the red by midday on Wednesday, as investors weighed up a further loosening of Covid restrictions in China against disappointing Chinese trade data and recession fears.
London midday: Stocks stay down but Rolls-Royce bucks trend
London stocks were still lower by midday on Tuesday, having taken their cue from a downbeat session on Wall Street, after a stronger-than-expected ISM print fuelled concerns about the pace of Fed rate hikes.
London midday: Stocks edge up as miners, Prudential rally
London stocks had edged up by midday on Monday as a further easing of some Covid restrictions in China boosted Prudential and the mining sector, helping to offset a grim warning from the Confederation of British Industry.
London midday: Stocks maintain gains after Powell speech
London stocks were still a little firmer by midday on Thursday, having taken their cue from a surge on Wall Street, after Fed Chair Jerome Powell suggested the pace of rate hikes might ease as soon as this month.