Market Report - Midday
London midday: Stocks hit five-week low on BoE, China concerns
UK stocks slumped to a five-week low on Tuesday on worries that stronger-than-expected wage growth may prompt the Bank of England to continue raising interest rates as it struggles to fight inflation.
London midday: Stocks slip as core inflation stays high
UK stocks were trading at five-week lows on Wednesday despite some big gains from blue-chip insurers, with market sentiment hit by fears that the Bank of England may step in to raise interest rates once again.
London midday: Stocks little changed ahead of US inflation
London stocks were little changed by midday on Thursday as investors eyed a key US inflation reading and mulled the latest data for the eurozone.
London midday: Stocks off highs as investors mull mortgage approvals
London stocks were up but off highs by midday on Wednesday, with Prudential rallying on the back of results, as investors mulled the latest UK mortgage approvals and consumer credit data.
London midday: Stocks stay firm as housebuilders rally
London stocks were still firmly in the black by midday on Tuesday following a positive Asian session, with housebuilders pacing the gains.
London midday: Stocks firmer ahead of Powell, Lagarde speeches
London stocks were firmer by midday on Friday as investors turned their attention to the Jackson Hole symposium in Wyoming, in particular speeches by Federal Reserve chair Jerome Powell and ECB president Christine Lagarde.
London midday: Stocks stay up after Nvidia impresses
London stocks were still firmer by midday on Thursday as investors cheered better-than-expected results from US chip designer Nvidia and looked to the start of the Jackson Holy Symposium.
London midday: Markets shrug off weak data as utilities gain
London's Footsie index was up 1% by lunchtime on Wednesday, led by strong gains from utility stocks, despite some disappointing economic data across Europe.
London midday: FTSE extends gains as investors mull borrowing, manufacturing data
London stocks had extended gains by midday on Tuesday as investors digested the latest UK borrowing and manufacturing figures.
London midday: FTSE extends gains as energy shares rally; housebuilders slide
London stocks had extended gains by midday on Monday, helped along by energy shares as investors mulled the latest rate cut by the People’s Bank of China, but housebuilders slid after a profit warning from Crest Nicholson.
London midday: Macro fears drag stocks to 10-month low
Macroeconomic concerns meant UK stocks were registering heavy losses on Friday morning, with the FTSE 100 dropping to its lowest level in over ten months.
London midday: Markets subdued, but stocks bounce off lows
Fresh concerns about US inflation and the Chinese debt crisis were weighing on market sentiment on Thursday, though the FTSE 100 was trading flat by lunchtime after bouncing off five-week lows in morning trade.
London midday: China concerns dampen sentiment on quiet day
London stock markets were struggling for direction on Monday morning, as fresh concerns about China's economy and an absence of any new economic data or corporate earnings prompted investors to exercise some caution.
London midday: FTSE 100 falls 1% on inflation concerns
London stocks fell on Friday as stronger-than-expected UK GDP figures clouded the outlook for interest-rate policy in the coming months, with investors also showing caution ahead of yet more important inflation data from the US later on.
London midday: Markets subdued ahead of US CPI data
Investors were keeping their powder dry on Thursday in London as stock markets chose to remain cautious ahead of a much-anticipated US inflation report later on.
London midday: Mining, oil and banking stocks provide a boost
UK stocks bounced back on Wednesday, with the heavyweight mining, oil and banking sectors providing a lift despite ongoing concerns about recent Chinese economic data.
London midday: Shares down on China data, weak earnings news
The FTSE 100 was trading lower on Tuesday as weak economic data from China and disappointing corporate earnings dampened sentiment in the mining sector.
London midday: Shares lower after mixed US payroll data
Stocks in London were trading slightly lower on Monday following a negative close to trading on Wall Street the week before.
London midday: Shares flat ahead of US jobs data; WPP, Capita slump
London stocks had slipped into the red by midday on Friday as investors waited on the release of the latest monthly non-farm payrolls report in the US.
London midday: Stocks off lows ahead of BoE decision
London stocks had come off their lows as investors waited on the Bank of England's latest policy decision at noon.