London midday: FTSE flat as investors mull Fed's hawkish pause
London stocks had pared earlier losses to trade flat by midday on Thursday after the US Federal Reserve left rates unchanged but signalled that two more hikes were on the way this year.
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London stocks had pared earlier losses to trade flat by midday on Thursday after the US Federal Reserve left rates unchanged but signalled that two more hikes were on the way this year.
Stock markets in London ended the trading day with mixed results on Thursday, following a stream of global data and the US Federal Reserve's decision to hold steady on interest rates.
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Shares of Telecom Plus Plc (LON:TEP – Get Rating) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2,039.67 ($25.55) and traded as low as GBX 1,801.76 ($22.57). Telecom Plus shares last traded at GBX 1,822 ($22.82), with a volume […]