Market Report - Midday
London midday: FTSE maintains gains after mortgage approvals, ahead of US PCE
London stocks were still firmer by midday on Thursday as investors digested a slew of UK earnings releases and the latest mortgage approvals figures, and looked to a key US inflation reading.
London midday: Stocks extend losses as St James's Place, Reckitt drop
London stocks had extended gains by midday on Wednesday, dragged lower by St James’s Place and Reckitt Benckiser after disappointing results, as investors eyed US GDP data.
London midday: FTSE flat as investors pause for breath
London stocks had pared earlier small gains to trade flat by midday on Tuesday as investors erred on the side of caution ahead of key US inflation data later this week.
London midday: Stocks fall as housebuilders slump on probe
London stocks were still in the red by midday on Monday as investors eyed the release of key US data this week, with housebuilders under pressure amid news of a probe by the competition watchdog.
London midday: Stocks flatten out but StanChart powers ahead on buyback
London stocks had pared earlier gains to trade flat by midday on Friday, but Standard Chartered powered ahead as it unveiled a $1bn share buyback.
London midday: FTSE edges up as Rolls-Royce rallies; PMI in focus
London stocks had edged higher by midday on Thursday as investors cheered solid results from US AI chipmaker Nvidia overnight and strong numbers from engine maker Rolls-Royce.
London midday: Stocks maintain losses as HSBC, Glencore slump
London stocks were still in the red by midday on Wednesday, led lower by HSBC and Glencore after results, as investors eyed the latest minutes from the Federal Reserve and results from US AI chipmaker Nvidia.
London midday: Stocks mixed after China makes bigger rate cut
London's stocks were in a mixed state at midday on Tuesday, as concerns around China's economic outlook continued to weigh on mining stocks.
London midday: Stocks edge up in quiet trade; Currys surges
London stocks had edged up by midday on Monday, reversing earlier small losses, as Currys rocketed amid takeover interest.
London midday: Stocks extend gains after retail sales; NatWest rallies
London stocks had extended gains by midday on Friday following the release of better-than-expected UK retail sales data and well-received results from NatWest.
London midday: Stocks dip as investors mull GDP; airlines fly higher
London stocks had dipped into the red by midday on Thursday as investors mulled news that the UK fell into recession at the end of 2023.
London midday: Stocks extend gains after inflation print; housebuilders rally
London stocks had extended gains by midday on Wednesday, with housebuilders on the front foot as data showed that UK inflation was steady in January, taking pressure off the Bank of England to keep rates higher for longer.
London midday: FTSE stays down as wage growth slows
London stocks were still a little lower by midday on Tuesday as investors mulled a slowdown in UK wage growth and looked ahead to a key US inflation reading.
London midday: FTSE drifts lower in quiet trade
London stocks had drifted lower in quiet trade by midday on Monday, with little in the way of corporate of macro news to provide direction.
London midday: FTSE nudges up as investors pause for breath
London stocks had nudged higher by midday on Friday, with Convatec in the lead after solid results from a Danish peer.
London midday: Stocks turn lower as AstraZeneca slides; Mondi surges
London stocks had turned lower by midday on Thursday, giving up earlier gains as AstraZeneca slid after results.
London midday: Stocks turn lower; Barratt and Redrow announce merger
London stocks had reversed earlier small gains to trade lower by midday on Wednesday as investors mulled the latest Halifax house price data and a big M&A deal in the housebuilding sector.
London midday: Stocks up after construction data; BP surges
London stocks were off highs but still in the black by midday on Tuesday after a better-than-expected reading on the UK construction sector, and with BP pacing the gains as the oil giant expanded its share buybacks.
London midday: Stocks maintain gains after UK services data
London stocks were still in the black by midday on Monday after better-than-expected UK services data, as investors mulled the latest comments from Federal Reserve chairman Jerome Powell.
London midday: FTSE maintains gains ahead of payrolls report
London stocks were still firmer by midday on Friday as investors cheered well-received results from Meta and Amazon and looked ahead to the latest US non-farm payrolls report.