LSE Market News

London open: Stocks and sterling steady as Christmas slowdown kicks in London stocks were little changed at the open on Wednesday as activity started to wind down ahead of Christmas, although investors will be keeping an eye on developments across the pond where the US tax bill is another step closer to being passed. At […]

London open: Stocks edge up after record highs on Wall St but Christmas lull setting in London stocks rose in early trade on Tuesday following record highs on Wall Street on the back of optimism over the tax reform bill, although gains were muted as the Christmas lull began to set in. On Monday, the […]

London open: Stocks rise amid US tax reform hopes London stocks rose in early trade on Monday, with sentiment underpinned by US tax reform hopes. At 0840 GMT, the FTSE 100 was up 0.6% to 7,531.54, while the pound was down 0.1% against the euro at 1.1332 and up 0.3% versus the dollar at 1.3355. […]

London open: Stocks flat amid worries over US tax bill passage London stocks were little changed in early trade on Friday amid worries about the passing of the US tax bill and as investors eyed the next phase of the Brexit saga. At 0830 GMT, the FTSE 100 was steady at 7,446.70, while the pound […]

Petrel Resources stock (LSE:PET) has started to recover its recent losses as it spikes legitimately upwards this week. The upwards spike is better referred to as a bullish breakout and it would be sustained as the market fully recovers. Price went below the lower Trendline before shooting upwards above the upper Trendline. Price is currently […]

IQE shares (LSE:IQE) are in what can be called a correction in the context of an uptrend. The correction would allow traders to go long at a better price, for price would go upwards again to overcome the resistance level at 180.00. 4 EMAs are used for this analysis and they’re EMAs 10, 20, 50 […]

London open: Stocks edge down as investors eye rate announcements London stocks edged lower in early trade on Thursday as investors digested a rate hike by the Federal Reserve and looked ahead to more policy decisions from the Bank of England and the European Central Bank. At 0830 GMT, the FTSE 100 was down 0.2% […]

London open: Stocks flat ahead of jobs data, Fed rate announcement London stocks were little changed in early trade on Wednesday as investors kept their powder dry ahead of UK jobs data and a widely expected rate hike from the US Federal Reserve. At 0840 GMT, the FTSE 100 was flat at 7,503.60, while the […]

London open: Stocks nudge up as investors eye inflation data; Ashtead rallies London stocks nudged higher in early trade on Tuesday as investors eyed the release of key UK inflation data. At 0830 GMT, the FTSE 100 was up 0.1% to 7,458.99, while the pound was flat against the euro at 1.1338 and 0.1% firmer […]

London open: Stocks rise as pound slips; central bank updates in focus London stocks rose in early trade on Monday, helped along by a weaker pound as investors looked ahead to a week of central bank updates. At 0840 GMT, the FTSE 100 was up 0.6% to 7,435.43, while the pound was down 0.2% versus […]