LONDON: The London Stock Exchange (LSE) said it is preparing to resume normal trading today (Oct 20) after an incident disrupted activity earlier yest...
An ‘incident’ yesterday forced the London Stock Exchange to halt trading in smaller stocks, although blue-chip shares suffered no interruptions. – ReuterspicThe London Stock Exchange said it is preparing to resume normal trading today after an incident disrupted activity earlier yesterday.
LSEG data showed trading halts had affected smaller shares such as food delivery app Deliveroo and online fashion retailer ASOS, among others. “The quicker we can get some news on what caused the incident, the quicker the market will be able to move on,” she said. “We may see a little bit of volatility at the open tomorrow .”
“For a stock exchange, you have one job and that’s to keep your market going. And when these outages do occur, it doesn’t inspire a lot of confidence,” David Morrison, a market strategist at retail broker Trade Nation, said. Britain’s departure from the European Union has seen Amsterdam overtake London to become Europe’s biggest share trading centre and London's IPO market has also suffered as the EU become a new rival in international listings and as competition from New York for IPOs remains intense.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
No ‘ill motives’ by PN MP, says deputy speaker over exchange with PH’s LeeChaos ensued in the Dewan Rakyat yesterday after Pengkalan Chepa MP Ahmad Marzuk Shaary mentioned Ipoh Timor MP Howard Lee’s alleged interpretation of Quranic verse.
Read more »
UK police charge Thunberg with public order offence after London protestThe 20-year-old was released on bail and is due to appear in court on Nov 15.
Read more »
Bursa ends higher on commodity stock buyingLocal market sentiment to remain jittery given the ongoing geopolitical conflict, says analyst.
Read more »
Jury sees Bankman-Fried’s profane message about regulatorsThe message came days after the cryptocurrency exchange collapsed.
Read more »
Greenpeace loses legal challenge to UK’s new North Sea oil and gas licensesLONDON, Oct 19 — Britain’s decision to authorise new licences for oil and gas exploration in the North Sea was lawful, London’s High Court ruled today, dismissing a legal...
Read more »