LSE Market News

London open: Stocks edge lower ahead of BoE announcement; Next surges London stocks edged lower in early trade on Thursday as investors sifted through corporate news and awaited the latest policy announcement from the Bank of England. At 0830 BST, the FTSE 100 was down 0.2% to 7,368.92, while the pound was flat against the […]

London open: Stocks drop as sterling gains; jobs data eyed London stocks fell in early trade on Wednesday, dented by a stronger pound as investors eyed the release of key UK unemployment and wages data. At 0830 BST, the FTSE 100 was down 0.6% to 7,355.79, while the pound was up 0.2% versus the euro […]

Premier Oil agrees $200m sale of Wytch Farm stake to Verus Premier Oil has agreed to sell its entire 33.8% stake in the Wytch Farm oilfield to Verus Petroleum SNS for a cash consideration of $200m. The cash consideration will be payable on completion and Premier will also be able to release around $75m in […]

London open: Stocks rise as North Korea concerns recede, insurers gain London stocks rose in early trade on Monday as worries about North Korea receded, with a strong showing in the insurance sector lending a hand. At 0830 BST, the FTSE 100 was up 0.5% to 7,413.97, as investors set aside their worries about North […]

IQE stock (LSE:IQE) has been going upwards in a perpetual bullish movement, creating opportunities to buy long on dips. The movement this year has been mostly bullish – with price going northwards in most cases. A few months ago, price even went above the upper Trendline, going further northwards. Around the same time, the RSI […]

Many selling opportunities have emerged on BNN Technology shares (LSE:BNN). The market has been trending southwards for the past several months and that is a trend that is supposed to continue.   4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA […]

London open: Stocks edge lower ahead of data; Greene King tumbles London stocks edged lower in early trade on Friday ahead of a deluge of data releases, with pub group Greene King under the cosh as it warned over its outlook and reported a drop in sales. At 0830 BST, the FTSE 100 was down […]

London open: Stocks nudge up as investors mull corporate news; ECB eyed London stocks edged just a touch higher in early trade on Thursday as investors sifted through corporate news and eyed the latest rate announcement from the European Central Bank. At 0830 BST, the FTSE 100 was up 0.1% to 7,358.38. The European Central […]

London open: Stocks drop amid geopolitical concerns, housebuilders weigh London stocks fell in early trade on Wednesday, taking their cue from downbeat sessions in the US and Asia as worries about North Korea continued to play on investors’ minds. At 0830 BST, the FTSE 100 was down 0.5% to 7,339.61, while the pound was off […]

AUS200 Dominant bias: Neutral In the last few months, AUS200 has been in a neutral phase. The market is quite choppy, rough and unattractive, oscillating upwards and downwards with no directional movement. The choppiness and neutrality of the market is expected to continue for most part of September, as price fails to reach a serious […]