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Stock market
Tesla’s wild-ride: Shares correct 36% from record high clinched in 2021
May 14, 2021 11:41 PM AEST| By AbhijeetSummary Tesla shares has seen some of the sharpest moves in the last one-and-a-half years Of late, the shares have not performed well, stands with a negative YTD return Between 8 February and 8 March 2021, the stock of Tesla plunged 34.79 per .....
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5 Stocks That Have Been Abuzz with News On M&A
May 14, 2021 10:39 PM AEST| By Suhita PoddarSummary The LSE saw a host of announcements regarding mergers and acquisitions. Sanne Group Plc shares surged over 25 per cent after rejecting a proposal by Cinven Limited. Grainger, Intertek, and Argo Blockchain among others, have announced b.....
Burberry shares collapse 10% as Q4 FY21 sales remain short of Q4 FY19
May 13, 2021 11:41 PM AEST| By AbhijeetSummary Burberry Group shares crashed a little more than 10 per cent on Thursday Q4 FY21 sales stood lower as against the sales recognised in Q4 FY19 However, the comparable store sales through March 2021 rose 32 per cent Shares shed as much .....
CRH PLC (LON: CRH) Price Hovers Around Record High, Will it Continue to Shine?
May 07, 2021 10:49 AM AEST| By Team Kalkine MediaSummary CRH has outperformed the index and generated ~15.91 percent return in the last 3 months. Post breaking out of a crucial resistance level, the stock hit a new lifetime high and now taking major support from the 50-period simple moving av.....
Why Did These 3 Stocks Were Trending on Tuesday on the LSE?
May 05, 2021 03:06 AM AEST| By Suhita PoddarSummary BP Plc was reportedly planning to bid in the forthcoming auction of Crown Estate Scotland. Ferrexpo, one of the largest exporters of iron ore pellets, would be getting energy-saving solutions from The Weir Group. The FTSE 1.....
Will Standard Chartered PLC Continue to Advance Post a Bullish Breakout?
April 30, 2021 07:52 PM AEST| By Team Kalkine MediaSummary Standard Chartered PLC (LON: STAN) gained 5.63 percent in the last trading session and soared ~13.40 percent in the last 7 trading sessions. STAN’s price has broken a crucial resistance level and hit a new 52-week high. The stock.....
Rolls-Royce Holdings PLC Makes a Bullish Engulfing Pattern, How are the bulls placed?
April 30, 2021 07:47 PM AEST| By Team Kalkine MediaSummary Rolls-Royce Holdings PLC (LON: RR.) is up by 197.60 percent from October 2020 low of GBX 34.59. Prices have taken crucial support from the Fibonacci retracement supply level of 161.8%. ’s prices broke a downward trendline on the.....
TUI AG (LON: TUI) Resurging from Lower Levels, Will This Momentum Continue?
April 29, 2021 06:55 PM AEST| By Team Kalkine MediaSummary TUI’s (LON: TUI) price witnessed an impressive rally in the last one month and added ~28.24% to March 29, 2021 low. On a weekly chart, TUI’s prices are sustaining above a downward sloping trend line breakout level for the p.....
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4 Buzzing Stocks On LSE: GRL, LLOY, RR. & HL.
April 26, 2021 10:48 PM AEST| By Suhita PoddarSummary Goldstone Resources will temporarily be rescheduling plans to focus on profitability optimisation. Rolls-Royce Holding is in constructive talks with Spain over the sale of its’ Spanish unit ITP Aero. The UK markets .....
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Acquisitions Across Industries: GRID, MXC & KWS
April 22, 2021 11:27 PM AEST| By Suhita PoddarSummary Gresham House Energy Storage Fund PLC acquired its first operational capacity project Byers Brae in Scotland. MGC Pharmaceuticals Ltd acquired 100% stake in Israeli research company MediCaNL Inc. Keywords Studios PLC acquired UK based .....
Are Polymetal International PLC Charts Signaling End of a Bearish Trend?
April 21, 2021 07:23 PM AEST| By Team Kalkine MediaSummary Polymetal International PLC (LON: POLY) recovered from the lower levels and delivered ~15.23 percent returns in the last one month. POLY prices are trading in a falling channel formation on the daily chart and trading above an upward s.....
Regulatory Action: Tesco Fined £7.56 Mn, CMA Examines Sale of Arm Holdings
April 20, 2021 08:22 PM AEST| By Suhita PoddarSummary Tesco has been penalised for selling food past its use-by date at three of its Birmingham stores. Nvidia’s takeover of Arm Holdings faces UK national security probe. Prominent companies in the UK are under the government&rsqu.....
3 FTSE Stocks Go for Asset Disposal: Melrose, Studio Retail, ITM Power
April 20, 2021 07:04 PM AEST| By Suhita PoddarSummary Melrose sold a stake in the Nortek Air Management business. Studio Retails divested stake in Findel. ITM’s partner Linde has bought the stake in ITM’s in electrolyser and supporting equipment. Three UK-based companies,.....
Did Just Eat Takeaway Registered a Decisive Break Out on Upside ?
April 15, 2021 12:42 AM AEST| By Team Kalkine MediaSource: Tricky_Shark, Shutterstock Summary Just Eat Takeaway gained 6.81% percent in the last trading session. The price has broken crucial resistance level and jumped almost ~22.38 percent in the last six trading sessions. JET stock prices a...
Factors That May Lead to A Substantial Hike in FTSE 100 In the Present Quarter
April 11, 2021 10:19 AM AEST| By AbhijeetSource:Peshkova, Shutterstock Summary Declining rate of infections and falling rate of hospital admissions have increased the likelihood of speedier business recovery. A large part of the market optimism is due to the expected reopening of bus...
Are Investors Staring at Another Stock Market Crash?
April 11, 2021 05:05 AM AEST| By Abhijeet9 vaccine shot co-developed by Pfizer and BioNTech got promising results Stocks, currencies, commodities, derivatives, fixed-income securities, and other market-tradable assets have witnessed a never-seen-before volatility in the recent past. We...
Strong Macros Propel Dow 30 To Historic High
April 06, 2021 11:30 AM AEST| By Team Kalkine MediaSource:ESB Professional, Shutterstock The Dow Jones Industrial Index (Dow 30) – the 30-share, large-cap benchmark of Wall Street -- closed on historic high levels on Monday, on the back of strong macro numbers coming in from the world’s...
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March 25: Stocks to Watch in Trade Today
March 25, 2021 07:04 PM AEDT| By AbhijeetSource: baranq, Shutterstock The FTSE 100 index is likely to open lower on 25 March. The blue-chip index though managed a flat ending in positive territory at 6,712.89, up by 0.20 per cent in the last session on Wednesday, supported by the flash IHS...
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Abu Dhabi To Invest Billions in the UK; 3 Varied Sector Stocks That Could Benefit
March 24, 2021 09:42 PM AEDT| By Suhita PoddarSource: Freedomz, Shutterstock Summary Abu Dhabi would be partnering with Britain to invest in the infrastructure, clean energy, and technology space in the UK. UAE’s most active fund Mubadala would be investing £800 million in lif...
Lens On 3 FTSE EV-Focused Stocks After Foxconn Shares Spike Up
March 23, 2021 12:22 AM AEDT| By Suhita PoddarSource: Nicole Lienemann, Shutterstock Summary Taiwan-based Foxconn’s shares jumped on Monday after news of early-stage partnership with Vietnam-based manufacturer Vinfast surfaced. The company aims to capture 10% of the global EV market...
AI on the Rise: A Look at Top AI Companies and Their Stocks