London Stock Exchange suffers worst outage in 8 years

2019-08-16

Getty Images People walk past the logo of the London Stock Exchange A fault at the London Stock Exchange prevented blue-chip British companies from trading on Friday for over an hour, the longest such outage in 8 years. What was called a “technical software issue” kept FTSE 100 UKX, +0.47%Read More →

London markets stutter as Fed rate cut expectations ease

2019-07-08

London markets began the week in sluggish fashion as the prospect of U.S. rate cuts eased following Friday’s jobs boost. The FTSE 100 UKX, +0.01%   remained flat as rebounding mining giants helped the blue-chip index avoid major losses. Miners recovered from a three-day losing streak after China’s major steelRead More →

Fourth of July slams the brakes on London markets

2019-07-04

London markets edged up on a quiet morning’s trading as Independence Day put the brakes on the FTSE 100. The U.K.’s blue-chip index was subdued on Thursday with U.S. markets closed for Fourth of July celebrations. The holiday stopped the FTSE 100’s momentum after strong gains earlier this week followingRead More →

Sainsburys leads London markets quietly higher

2019-05-01

With European markets closed for the May Day holiday, the FTSE 100 in London was higher though trading volume was light. How did markets perform? The U.K.’s FTSE 100 UKX, +0.10%  rose 0.2% to 7,431.2, making up part of Tuesday’s 0.3% loss. The pound GBPUSD, +0.3069%  climbed another 0.3% toRead More →

London sinks on Brexit extension

2019-04-11

London markets were down as a Brexit extension had next to no positive impact on investors. How did markets perform? The FTSE 100 UKX, -0.04%  was down a mere 0.1% to 7,416.7. It closed down almost 0.1% Wednesday. The pound GBPUSD, +0.0000%  declined 0.1% to $1.3077, giving back some ofRead More →

London markets spooked by global economic fears

2019-04-04

A significant miss in German industrial orders spilled into London markets, dragging energy and mining stocks lower. How did markets perform? The U.K.’s FTSE 100 UKX, -0.49%  gave back its advance from Wednesday. It declined 0.6% Thursday to 7,373.8 after having risen 0.4% on Wednesday. The pound GBPUSD, -0.0608%  continuedRead More →

London markets left behind as Europe rallies

2019-04-03

London markets were flat Wednesday as investors weighed strong economic data from Asia against weak U.K. figures, as well as the latest attempt to move Brexit forward. How did markets perform? The U.K.’s FTSE 100 UKX, -0.01%  was roughly flat at 7,389.3. Investors may have been taking a breather followingRead More →

London energy group Ophir in takeover talk

2019-01-02

Ophir Energy OPHR, +32.56%   became the second London-listed mid-cap oil-and-gas company to attract a suitor in recent weeks after it said it is in talks with Indonesia’s Medco Energi MEDC, -0.72%  about a potential all-cash takeover bid which could create a southeast Asian upstream powerhouse. The news sent sharesRead More →