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Market Report - Midday
28 Feb
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London midday: FTSE stays down as Ocado slides; food inflation hits 17.1%

London stocks were still in the red by midday on Tuesday, with Ocado pacing the decline after disappointing results, as data showed that food inflation hit a record high.

27 Feb
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London midday: Rolls-Royce paces gains after rating upgrade

London stocks were still firmly in the black by midday on Monday, with Rolls-Royce pacing the gains after a rating upgrade, with well-received results from Bunzl and a guidance upgrade from AB Foods underpinning the mood.

24 Feb
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London midday: FTSE maintains gains ahead of US inflation reading

London stocks were still a little firmer by midday on Friday, having taken their opening cues from an upbeat session on Wall Street, as investors eyed a key US inflation reading and mulled a better-than-expected consumer confidence survey.

23 Feb
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London midday: FTSE stays down as Mondi, BAE fall on results

Equity markets in London were still lower by midday on Thursday as investors mulled the latest FOMC minutes, with disappointing results from the likes of Mondi and BAE Systems and ex-dividend stocks weighing.

22 Feb
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London midday: FTSE extends losses ahead of FOMC minutes

London stocks had extended losses by midday on Wednesday as worries about further rates hike dented sentiment ahead of the release of the latest FOMC minutes.

21 Feb
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London midday: FTSE touch lower after data deluge; HSBC pops higher

London stocks were still a touch lower by midday on Tuesday as investors sifted through a raft of UK data and results from the likes of HSBC and InterContinental Hotels.

20 Feb
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London midday: Stocks steady in quiet trade; Frasers Group rallies

London stocks were steady by midday on Monday amid quiet trade, with US markets closed for Presidents’ Day and little in the way of corporate news to provide direction.

17 Feb
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London midday: Stocks stay down as NatWest slides

London stocks were off earlier lows but still in the red by midday on Friday as US rate hike fears weighed on sentiment, with NatWest under the cosh after results.

16 Feb
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London midday: FTSE pares gains after breaching 8,000; Centrica surges

London stocks had pared earlier gains to trade just in the black by midday on Thursday, with Centrica surging ahead after bumper results.

15 Feb
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London midday: Stocks flat ahead of US retail sales; banks in the red

London stocks had pared earlier losses to trade flat by midday on Wednesday, with banks weaker after disappointing results from Barclays, as investors mulled a dip in UK inflation and looked ahead to the release of US retail sales.

14 Feb
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London midday: FTSE maintains gains ahead of US inflation data

London stocks were still in the black by midday on Tuesday as investors mulled the latest UK jobs numbers and looked ahead to the release of US inflation figures.

13 Feb
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London midday: FTSE maintains gains but housebuilders hit by broker note

London stocks were still in the black by midday on Monday but gains were unspectacular amid a dearth of corporate news and as investors eyed the latest UK and US inflation data this week.

10 Feb
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London midday: Stocks stay down but BP, Shell rally

London stocks were still in the red by midday on Friday as investors failed to find any comfort in news the UK narrowly avoided following into recession last year.

09 Feb
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London midday: Stocks maintain gains as StanChart surges, Entain slumps

London stocks were still in the black by midday on Thursday as investors sifted through corporate news, with Standard Chartered surging ahead on deal speculation.

08 Feb
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London midday: FTSE gains amid Powell relief

London stocks had extended gains by midday on Wednesday, having hit a fresh all-time high, as investors welcomed less hawkish than feared comments from US Federal Reserve chair Jerome Powell.

07 Feb
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London midday: BP paces the gains as investors eye Powell speech

London stocks were still up by midday on Tuesday, with BP leading the charge after results, as investors eyed a speech by US Federal Reserve chair Jerome Powell.

06 Feb
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London midday: Stocks fall amid Sino-US tensions, Fed rate hike fears

London stocks were firmly in the red by midday on Monday as Sino-US tensions and the prospect of further rates hikes from the Federal Reserve dented sentiment.

03 Feb
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London midday: Stocks tick higher ahead of payrolls

London stocks had ticked a little higher by midday on Friday as investors mulled the latest reading on the UK services sector and looked ahead to the release of the non-farm payrolls report.

02 Feb
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London midday: Stocks stay up as BoE hikes rates to 4%

London stocks remained in the black by midday on Thursday, while sterling fell further after the Bank of England hiked rates for the tenth month in a row.

01 Feb
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London midday: FTSE a little firmer as investors eye Fed

London stocks were still in the black by midday on Wednesday, but gains were unspectacular as investors eyed a rate announcement from the US Federal Reserve.