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NG., SSE, CNA: Stocks to consider as Ofgem proposes quarterly revision
May 16, 2022 11:03 PM AEST| By Abhishek SharmaHighlights UK's energy regulator Ofgem has proposed that the energy price cap should be revised quarterly. It will benefit consumers sooner when the current record-high rates drop, it said. In a bid to provide relief to millions of Britons.....
BATS, IMB, AAL: Why should you eye these stocks amid rising inflation?
May 16, 2022 10:55 PM AEST| By Rishika RainaHighlights BoE’s Governor Andrew Bailey is all set to face the wrath of Conservative MPs on Monday over the rising inflationary pressure. The UK inflation levels, which have recently hit a 30-year high of 7%, may move up to 10% by the end.....
London rents are rising, should you buy these stocks - CRN, ESP, RSI?
May 16, 2022 08:00 PM AEST| By Priya BhandariHighlights Rents in the capital jumped by 12.3% over the last 12 months from £1,680 to £1,886. Rents in Inner London jumped by 22% to £2,513, which is around £500 more as compared to the previous year. Rents in Lond.....
HSBA, LLOY, BARC: As lending to SMEs drops, should you hold these stocks?
May 16, 2022 07:30 PM AEST| By Abhishek SharmaHighlights A new survey has revealed that lending to small businesses in Q1 2022 has declined to the lowest since 2014. The survey by the Federation of Small Businesses also claimed that the approval rate stood at 43% during the period. Ev.....
INVP, BRW, EMG: Should you invest in these financial stocks now?
May 16, 2022 06:27 PM AEST| By Rishika RainaHighlights A group of over 50 economists has written an open letter to Chancellor Rishi Sunak, warning about the economic impact of the post-Brexit plans to boost the competitiveness of the finance industry. According to the experts, the move t.....
KYGA, ABF, PFD: Stocks in focus as concerns grow over rising food prices
May 14, 2022 09:01 AM AEST| By Abhishek SharmaHighlights: High food and energy prices have hit household budgets in the UK as inflation continues to break previous records. Ex-Sainsbury's boss has claimed that people should be ready for higher grocery bills in the longer term. The COV.....
US stocks edge higher on tech stock gains; HOOD, DUOL, OXY rally
May 14, 2022 07:29 AM AEST| By Rupam RoyWall Street's main indices rallied on Friday, May 13, ending the week on a positive note after investors shrugged off concerns about inflation and other negative market trends. The S&P 500 was up 2.39% to 4,023.89. The Dow Jones rose 1.47% to 32...
FTSE 100 bounces back, banking and energy take the lead
May 14, 2022 12:38 AM AEST| By Rishika RainaUK Market News: The UK stock market moved higher on Friday, with the blue-chip FTSE100 index gaining over 1.5 per cent. In a volatile week of trade, the FTSE 100 index has made a smart bounce back as investors got back into a buying mood de...
BA., RR., BOE: Should you invest in these space-related stocks now?
May 13, 2022 07:50 PM AEST| By Abhishek SharmaHighlights The UK government has entered a partnership deal with the US for commercial spaceflight collaboration. The deal would reduce UK's reliance on other countries to launch its satellites. Rockets, spaceplanes, and high-altitude ball.....
TSCO, SBRY, MKS: Should you buy these stocks amid salmonella scare?
May 13, 2022 07:47 PM AEST| By Rishika RainaHighlights Sandwiches, wraps, and over 100 other products with cooked chicken have been withdrawn from sale by the UK’s major supermarket chains due to salmonella scare. Major supplier Cranswick Country Foods urged its customers to not co.....
Shell to sell over 400 petrol stations in Russia: Should you hold stock?
May 13, 2022 04:38 PM AEST| By Abhishek SharmaHighlights Shell has announced that it will sell its 411 retail stations in Russia as part of its exit from the country. It has signed a deal with Russia's second-largest oil and gas producer Lukoil for an undisclosed amount. Over 350 employee.....
Dow, S&P close lower on mixed economic data; APP, GME, AMC rally
May 13, 2022 07:05 AM AEST| By Rupam RoyDow Jones and S&P 500 fell, but tech-savvy Nasdaq crawled back up to close the session mixed on Thursday, May 12, after a vital economic gauge showed that demand for manufactured goods slowed in April. The S&P 500 was down 0.13% to 3,930.08....
FTSE 100 declines, GDP figures spark the fears of recession
May 13, 2022 01:01 AM AEST| By Rishika RainaUK Market News: The UK stock market was down on Thursday, with the blue-chip FTSE 100 index declining by around 2%. This happened after the Office for National Statistics (ONS) released the monthly GDP data, according to which the UK’...
AV., ADM, HSX: Should you add these insurance stocks to your watchlist?
May 13, 2022 12:01 AM AEST| By Abhishek SharmaHighlights The average premiums for home insurance have witnessed a significant fall, according to the Association of British Insurers. In the first quarter of 2022, the prices dropped to their lowest levels since the ABI started collecting thi.....
MNZS, CAPD, KCT: Should you invest in these service providers now?
May 12, 2022 10:13 PM AEST| By Rishika RainaHighlights UK’s GDP declined by 0.1% in March 2022 after not growing at all in February, as per the latest ONS figures. The main contributor to the monthly decline in March’s GDP was the services sector, which declined by 0.2% in Ma.....
HAS, PAGE, RWA: Recruitment stocks to eye amid growing jobs market
May 12, 2022 08:07 PM AEST| By Abhishek SharmaHighlights The UK's jobs market has continued to grow even as employers as unable to fill all the vacant posts due to a shortage of candidates. Companies are now offering higher salaries to attract more candidates, according to a new survey....
HAS, PAGE, RWA: Recruitment stocks to eye amid growing jobs market
May 12, 2022 07:57 PM AEST| By Abhishek SharmaHighlights The UK's jobs market has continued to grow even as employers as unable to fill all the vacant posts due to a shortage of candidates. Companies are now offering higher salaries to attract more candidates, according to a new survey. .....
US stocks slip after CPI data; COIN, Unity decline
May 12, 2022 07:15 AM AEST| By Rupam RoyWall Street's main indices drifted lower on Wednesday, May 11, after US inflation rose more than expected month-on-month for comfort, renewing fears about the Fed's aggressive rate hikes. The S&P 500 was down 1.65% to 3,935.18. The Dow Jones fel...
BP., SHEL, BATS: Should you opt for these blue-chip stocks now?
May 12, 2022 12:45 AM AEST| By Rishika RainaHighlights London’s blue-chip firms are preparing to buy their own shares worth £37billion this year, as per investment platform AJ Bell. The number of shares to be repurchased this year will be over three times greater than what wa.....
FTSE 100 strengthens on commodity rally; Compass announces buyback
May 12, 2022 12:38 AM AEST| By Priya BhandariUK Market: The UK stock market moved higher on Wednesday, with the blue-chip FTSE 100 index gaining around 1%, driven by a strong earnings update from Compass Group and a surge in commodity stocks ahead of crucial US inflation data that will determin...