At 1200 BST, the FTSE 100 was down 0.41% at 7,576.27, and the FTSE 250 was 0.09% weaker at 20,400.68. “Weak trading in the US may have seen the FTSE 100’s advance stall on Tuesday but the index was doing its best to eke out gains ahead of the Royal …
Read More »London midday: FTSE maintains gains as Royal Mail rallies on update
London stocks had maintained gains by midday on Tuesday, having taken their opening cue from a positive close on Wall Street, with Royal Mail pacing the advance after a well-received update. The FTSE 100 was up 0.8% at 7,357.44, having slumped 2.6% on Monday amid growing tensions between Russia and …
Read More »London midday: Stocks fall amid worries about Omicron, rate hikes
London stocks were still in the red by midday on Thursday as concerns about the new Omicron Covid variant and potential rate hikes weighed on investors’ minds. The FTSE 100 was down 0.7% at 7,119.72, having taken its opening cue from Wall Street, where stocks tumbled after the first US …
Read More »London midday: Stocks pare losses; Royal Mail slides after job cuts announcement
London stocks had pared losses by midday on Thursday but remained just a touch lower amid growing concerns about a rise in new coronavirus infections in the US. The FTSE 100 was down 0.1% at 6,117.61. Joshua Mahony, senior market analyst at IG, said: “Early losses in Europe have been …
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