The London Stock Exchange opened in the green today after the bank holiday weekend. It was up 1.1% at 9am. This comes after a flat session on Friday, after Fed chair Jerome Powell’s speech, which had hawkish elements and mentioned the possibility of further rate hikes. The FTSE 100 ended the session flat, but gained 1% for the week.
This morning, miners are overperforming on hopes that China will bring in new policies to support the economy and boost demand.
Among stocks, supply distributor Bunzl gained 3.5% after it raised its annual adjusted operating profit guidance.
Things to read today:
Markets are not signalling doom and gloom for China’s economy (Financial Times)
Communist Party Priorities Complicate Plans to Revive China’s Economy (WSJ)
As Rates Near Their Peak, the Pain Begins for Europe’s Borrowers (Bloomberg)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 3,070 GBX | +1.19% | +2.54% | 12.84B | ||
| 8,934 GBX | +0.49% | -0.56% | 59.47B | ||
| 1,213 USD | +0.54% | +3.43% | - | ||
| 0.6532 USD | 0.00% | +1.81% | - | ||
| 0.012 USD | 0.00% | 0.00% | - | ||
| 0.731 USD | 0.00% | +0.56% | - | ||
| 0.5938 USD | 0.00% | +0.88% | - | ||
| 1.069 USD | -0.32% | +0.37% | - | ||
| 1,650 PTS | +0.76% | +3.27% | - | ||
| 8,140 PTS | +0.75% | +3.09% | - | ||
| 1.249 USD | -0.12% | +0.99% | - | ||
By 
