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London open: Stocks rise as oil prices rally London stocks rose on Monday as oil prices rallied after data showed China’s crude imports rose last month. China’s crude imports jumped 7.6% in April compared to a year ago, marking the third consecutive month that crude imports exceeded 40 million tonnes. At 0851 BST Brent crude […]

London open: Stocks fall ahead of US non-farm payrolls report London stocks slid on Friday with investors taking a cautious approach ahead of the US non-farm payrolls report later. The non-farm payrolls report at 1330 BST is expected to show US employers added 200,000 jobs in April, compared to 215,000 in March. The unemployment rate […]

London open: Stocks rise ahead of UK services PMI London stocks rose on Thursday after a mixed session in Asia as investor weighed a report on China services activity and awaited UK data. Stocks in Asia were lower outside of Shanghai as a report showed a slowdown in China services growth. The Caixin services purchasing […]

London open: Stocks fall amid slate of company news UK stocks slid on Wednesday as investors waded through a plethora of corporate announcements. Sainsbury’s shares fell after the supermarket reported a 13.8% drop in full year underlying pre-tax profit to £587m as sales declined and the group grappled with the industry price war and ensuring […]

London open: Stocks fall after disappointing Chinese manufacturing data London stocks fell on Tuesday after Chinese manufacturing data came in weaker than anticipated, fuelling concerns about the world’s second largest economy. China’s official manufacturing purchasing managers’ index dropped to 50.1 in April from 50.2 in March, missing economists’ estimates of 50.4...

London open: Stocks fall as investors wade through earnings UK stocks declined on Friday as investors sifted through corporate earnings from a batch of FTSE 100-listed companies. Royal Bank of Scotland’s shares were in the red after reporting a first quarter £968m loss, more than double the loss the same period a year ago. The […]

London open: Stocks fall after FOMC and BoJ policy decisions London stocks dropped on Thursday after the Federal Reserve left the door open to an interest rate hike in June and the Bank of Japan decided against fresh stimulus. The Federal Open Market Committee kept interest rates unchanged at 0.25% to 0.50% on Wednesday following […]

London open: Stocks fall ahead of UK GDP, Fed policy decision London stocks fell on Wednesday ahead of UK economic growth data and the Federal Reserve’s announcement on interest rates. The Office for National Statistics is forecast to reveal at 0930 BST that gross domestic product slowed in the first quarter to a 2.0% year-on-year […]

London open: Stocks move higher after corporate earnings London stocks advanced on Tuesday as traders sifted through a batch of corporate earnings releases. Whitbread topped the FTSE 100 after reporting a 12% increase in full year total revenue to £2.91bn and an 11.9% jump in underlying profit before tax to £546.3m. The owner of Costa […]

London open: Miners drag equities into the red London stocks declined on Monday, reflecting a drop in mining shares and worries over the health of the UK high street. BHP Billiton, Anglo American, Rio Tinto and Glencore were the biggest fallers on the FTSE 100 in morning trade as copper prices dropped. Oil prices also […]