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Sell in May and go away? FTSE 100 nearly reverses all gains of May
May 27, 2021 01:53 PM BST| By AbhijeetSummary UK shares have been largely subdued, especially in last three weeks FTSE 100 stands with a marginal gain of 0.55 per cent in May 2021 Investors remain cautious ahead of US GDP data and jobless claims release UK shares have r.....
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UK Car Production Up in April; Focus On 2 FTSE 250 Automobile Stocks
May 27, 2021 01:15 PM BST| By Suhita PoddarSummary According to SMMT data, car production in the UK increased significantly in April. 68,306 cars were manufactured in April compared to 197 in the same period a year ago. The figures also reflect an increasing shift in preference to elec.....
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Uber Agrees to UK Drivers Joining Union in Global First
May 27, 2021 01:05 PM BST| By Suhita PoddarSummary Uber has agreed to sign a deal with GBM making it the first ever deal between a gig economy service and a union. Sometimes back, the UK Supreme Court in a ruling stated that Uber drivers should be classed as ‘workers’ and no.....
Why Stocks of Argo Blockchain, Amigo, Lloyds, Scottish Mortgage and Vodafone Were In Demand?
May 27, 2021 11:16 AM BST| By Suhita PoddarSummary Argo Blockchain joined a newly formed Bitcoin Mining Council to address ESG issues Amigo Holdings rebounded on Wednesday after its shares fell sharply due to courts rejection of redress program Lloyds struck a new deal with scientific .....
Chevron, Exxon Face Climate-Focused Investors Rebuke; Shell Pulled Up by Dutch Court
May 27, 2021 10:22 AM BST| By AbhijeetSummary Chevron Corporation and ExxonMobil faced pushback from investors in their annual meetings on May 26. Investors forced the two companies to shift to lower-carbon alternatives. Shell has been pulled by a Dutch court to bring down its gre.....
SSE Plc to Continue Its Five-Year Dividend Plan Up to March 2023
May 27, 2021 07:14 AM BST| By AbhijeetSummary SSE Plc’s capital expenditure and investment for 2021-22 would be around £2 billion. The group’s adjusted operating profit was up 1 per cent to £1,506.5 million for the year ended March 2021. The impact of Covid.....
Spotlight On 2 FTSE 100 Tech Stocks: Aveva Group and Just Eat Takeaway
May 27, 2021 06:43 AM BST| By Suhita PoddarSummary UK tech industry grew at an exponential rate from 2010 to 2020, according to an industry data. The number of unicorns in the nation also grew by tenfold during the period. Software giant Aveva proposed a final dividend at 23.5 pence pe.....
FTSE 100 Traded Above 7,000 Level; Nasdaq up 0.60%
May 26, 2021 07:19 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 12.07 points or 0.29 per cent higher at 4,200.19, Dow Jones Industrial Average Index surged by 73.91 points or 0.22 per cent higher at 34,38...
Vectura shares spurt 34% to 4-year high as it agrees on £958m Carlyle takeover
May 26, 2021 04:12 PM BST| By AbhijeetSummary Vectura Group shares rallied very sharply on Wednesday, 26 May, hitting a 4-year high The drugmaker has agreed on the terms of acquisition with Carlyle Group Bidco will be acquiring all the share capital of Vectura for a cash considera.....
Softcat Shares Surge on Expectation of Strong Performance for FY2021
May 26, 2021 04:07 PM BST| By AbhijeetSummary Softcat Plc shares surged after it released the results of a strong Q3 performance. The IT services provider expected the cost savings relating to the pandemic to get reversed as it entered the next financial year. The FTSE 250 company.....
Lens on 2 FTSE 100 Chemicals Stocks: Croda International and Johnson Matthey
May 26, 2021 03:43 PM BST| By Suhita PoddarSummary UK manufacturing output grew to its highest in April, driven by few important sectors, including chemicals. Chemical’s giant Croda’s shares surged in trade today. The UK chemicals sector has faced some volatility due to.....
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FTSE 100 stays in red as investors’ conundrum continues
May 26, 2021 02:32 PM BST| By AbhijeetSummary UK shares have had tepid sessions in the penultimate week in this month so far In the 17 trading days, the FTSE 100 has managed to gain only 0.65 per cent Escalated Covid activity across the globe and fears of rising inflation have bee.....
Marks & Spencer Posts A Loss Of £201.2 Million; Clothing & Home Sector Worst Hit
May 26, 2021 01:13 PM BST| By AbhijeetSummary Marks & Spencer Group posted a loss of £201.2 million for the 53 weeks ended 3 April. The group said clothing & home results reflected the impact of a change in product mix and stock clearance challenges. The company said.....
Why Gamestop, AMC Entertainment, Lloyds, Tesla and Amigo Holdings stocks were trending on 25 May?
May 26, 2021 10:47 AM BST| By Suhita PoddarSummary GameStop and AMC Entertainment shares rose by over 16 per cent and 19 per cent, respectively on Tuesday. EV giant Tesla made headlines after it announced dropping its radar sensors from its fleet. UK’s Amigo Holdings shares faced.....
Lens On 2 Realty Stocks as The UK Property Market Set for A Boom
May 26, 2021 10:24 AM BST| By Suhita PoddarSummary A Zoopla report has forecasted 1.52 million home sales across the nation in 2021, higher by 45 per cent as compared to the previous year. The value of housing properties sold this year is projected to touch £461 billion, up 46 per.....
5 FTSE Technology Stocks to Keep on Your Radar for The Month of June
May 26, 2021 08:27 AM BST| By AbhijeetUK technology sector has been at the forefront to minimise the wrath of the pandemic. Showing immunity against COVID-19, the sector reported an above-average annual growth of 26.7% in its revenue on a year-on-year basis in the first quarter of 2021.....
Focus on 2 FTSE 250 Retail stocks: Dunelm PLC and Frasers Group PLC
May 26, 2021 07:16 AM BST| By Suhita PoddarSummary The Confederation of British Industry reported that UK retail sales data for May were in line with normal volumes, however, it was a bit of disappointment following April’s blockbuster results The body reported sales dropped to -3.....
FTSE 100 Ended Marginally Lower; DWF Group Stock up 11.92%
May 25, 2021 07:22 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 3.55 points or 0.08 per cent higher at 4,200.60, Dow Jones Industrial Average Index surged by 66.42 points or 0.19 per cent higher at 34,460...
Avon Rubber shares fall 10% as CFO announces retirement
May 25, 2021 06:14 PM BST| By AbhijeetSummary Avon Rubber shares plunged more than 10 per cent on Tuesday CFO Nick Keveth has expressed his intention to retire company posted a revenue growth of 41 per cent in six months ending 31 March 2021 Shares of Avon Rubber Plc (LON: AV.....
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2 Retail Stocks to Look at As UK Shoppers Return to Supermarkets Post Reopening
May 25, 2021 02:50 PM BST| By Suhita PoddarSummary UK supermarkets got more footfalls in the 12 weeks to 16 May, as the vaccination programme is progressing in full swing. The average basket size in the UK shrunk for the third month in a row to £22.82. The latest research fro.....
