LSE Market News

London stocks opened slightly higher on Monday morning as dealmaking again dominated the corporate headlines and investors attempted to erase last week’s losses. The FTSE 100 was up 17.55 points or 0.25% at 6,939.49, having fallen 3.3% the previous week. Blue chips were higher in spite of stronger sterling, which weighs against the index’s predominance […]

London stocks fell in early trade on Friday following heavy losses in the US and Asia as financial markets were hit by fresh worries about a trade war after China promised immediate retaliation to the hefty import tariffs levied by US President Donald Trump. At 0845 GMT, the FTSE 100 was down 0.7% to 6,907.34, having tumbled […]

Premier African stock (LSE:PREM) consolidated from October to December 2017, and then dropped sharply in early this year. Price has also been consolidating since then in a tight range. What is now present in the chart is a base, from which price would rise or fall. Now looking at the chart, the market has gone […]

Until recently, Oxford Biomedica shares (LSE:OXB) were going upwards, from the beginning of January to March, 2018. Before then, the market was ranging. In the short-term, things are bearish. The ADX period 14 is at the level 30, suggesting a considerable amount of momentum in the market. The DM- is above the DM+ (bulls’ hegemony). […]

London stocks edged lower in early trade on Thursday as investors shifted their attention to the Bank of England, after the US Federal Reserve hiked rates as expected a day earlier. At 0830 GMT, the FTSE 100 was down 0.3% to 7,019.28, while the pound was flat against the euro at 1.1459 and 0.2% firmer versus the […]

As equity markets in London edged lower at Wednesday’s open, it was all about the high street following full-year numbers from B&Q owner Kingfisher, a profit warning from menswear specialist Moss Bros and updates from Carpetright, SCS and Mothercare. At 0840 GMT, the FTSE 100 was down 0.2% to 7,047.91, with investors erring on the side of caution ahead of key UK jobs data, […]

London stocks rose in early trade on Tuesday, with more deal news providing a boost as Fenner agreed to be bought by Michelin, while traders looked ahead to key inflation readings. At 0830 GMT, the FTSE 100 was up 0.4% to 7,071.97, while the pound was up 0.2% against the euro and the dollar at 1.1387 and 1.4051, […]

A TRUE LIFE STORY OF A VETERAN TRADER We were in a midst of a popular monthly traders’ forum when an elderly man on a wheelchair was helped into the hall. The moderator asked us to stand up for the man, whom he called “a soldier on the battlefield of the financial markets.” As the […]

London stocks fell on Monday as investors looked ahead to a busy week that includes the latest policy announcements from the Federal Reserve and the Bank of England. At 0830 GMT, the FTSE 100 was down 0.6% to 7,118.78, while the pound was flat versus the euro at 1.1350 and 0.1% weaker against the greenback […]

London stocks resumed their indecisive shift sideway as the week drew to a close, 10 years to the day that JP Morgan originally agreed to buy the stricken Bear Stearns. After almost half an hour of trading on Friday, the FTSE 100 was down four points but 10 minutes later was up by four at 7,143.50. Asian markets […]