London open: Stocks edge higher despite profit-taking in Barclays
Fri, 30th Apr 2021 08:35
(Sharecast News) - Shares prices are continuing to grind higher at the end of the month against a backdrop of buoyant investor sentiment globally following the fresh record highs set on Wall Street the night before.
Risk appetite was also boosted by figures showing the biggest jump in UK house prices since 2004 and by US technology giant Amazon s better-than-expected quarterly update overnight.
As of 0842 BST, the FTSE 100 was up by 16.6 points to 6,978.29, while the second-tier index was adding 48.51 points or 0.22% to 22,441.45.
In parallel, futures on the S&P 500 were off by 8.5 points at 4,195.0.
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London open: ECB bond purchase programme in focus
Thu, 22nd Apr 2021 08:13
(Sharecast News) - Stocks have started Thursday s session higher ahead of the European Central Bank s policy decision, the main risk event of the day, with investors especially focused on anything that it might have to say on the possible exit of its Pandemic Emergency Purchase Programme.
The ECB was set announce its policy decision at 1245 BST, followed by the press conference with its chief, Christine Lagarde, at 1330 BST.
Commenting on how markets were approaching the ECB meeting, Michael Hewson, chief market analyst at CMC Markets UK, said: At the last meeting ECB President Lagarde said the bank would step up the weekly purchase program in an attempt to keep a lid on yields, however some members are already calling for the program to end by March 2022, and investors will be keen to see how she navigates any questions on the various diverging views on the governing council over when the program ends.
London midday: Stocks hug flatline ahead of ECB decision
Thu, 22nd Apr 2021 12:28
(Sharecast News) - London s top-flight index was hugging the flatline come midday, ahead of the European Central Bank s policy decision, the main risk event of the day, with investors especially focused on anything that it might have to say on the possible exit of its Pandemic Emergency Purchase Programme.
The ECB was set announce its policy decision at 1245 BST, followed by the press conference with its chief, Christine Lagarde, at 1330 BST.
Commenting on how markets were approaching the ECB meeting, Michael Hewson, chief market analyst at CMC Markets UK, said: At the last meeting ECB President Lagarde said the bank would step up the weekly purchase program in an attempt to keep a lid on yields, however some members are already calling for the program to end by March 2022, and investors will be keen to see how she navigates any questions on the various diverging views on the governing council over
London close: ECB policy announcement gives stocks a boost lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.