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Buzz in Retail Sector: Boohoo Earnings Up 37% While Ikea Begins Buyback Scheme
May 05, 2021 01:37 PM BST| By AbhijeetSummary Boohoo reported a 37 per cent rise in its earnings for the year ending 28 February 2021. Ikea is driving its climate change initiative by launching a furniture re-sale and buyback scheme. Even though the exact uptake of the scheme is y.....
Vaccine Stocks in News: Pfizer’s Profits Rise, AstraZeneca Faces Opposition to CEO’s Bonus Hike
May 05, 2021 12:42 PM BST| By Suhita PoddarSummary Pfizer predicts US$ 26 billion from sales of Covid-19 vaccine in 2021 Proposed bonus hike for AstraZeneca’s CEO to be opposed by investors Over 1.18 billion Covid-19 vaccine doses have been administered across the globe as of.....
UK and US Equities Inched Lower; Oil Prices Edged Higher by 1%
May 04, 2021 07:36 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 52.31 points or 1.25 per cent lower at 4,140.35, Dow Jones Industrial Average Index dipped by 143.42 points or 0.42 per cent lower at 33,969.8...
Why Did These 3 Stocks Were Trending on Tuesday on the LSE?
May 04, 2021 06:06 PM BST| 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.....
Focus On 3 REITS Stocks as Study Predicts Property Market to Face Supply Crunch
May 04, 2021 05:50 PM BST| By AbhijeetSummary A study by Knight Frank has found that the UK property market may face a short-term supply crunch. The shortage was seen mostly in the housing market than in the market for flats. Houses listed for sale was down 33 per cent over the ye.....
3 Penny Stocks to Keep an Eye on In May
May 04, 2021 05:45 PM BST| By Suhita PoddarPenny stocks or penny shares are those stocks that trade below £1 on the stock exchange for a decent amount of time and have a market cap of lower than £100 million. Penny stocks are usually of small companies and trade infrequently, wh.....
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Saudi Aramco’s Profit Soars 30 Per Cent as Oil Market Recovers, Dividend Maintained
May 04, 2021 05:41 PM BST| By Suhita PoddarSummary Net income of Saudi Aramco jumped to US$ 21.7 billion for Q1 2021 (Q1 2020: US$ 16.7 billion). The firm’s earnings before interest, income taxes and zakat for Q1 2021 was US$ 40,982, whereas Cash flow from operating activities was.....
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FTSE 100 traded higher after a record surge in UK house prices during April 2021
April 30, 2021 07:59 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 25.26 points or 0.60 per cent lower at 4,186.21, Dow Jones Industrial Average Index dipped by 227.18 points or 0.67 per cent lower at 33,833.1...
Aviation Sector Wants Most of The Europe In Green List, WIZZ, IAG and RYA in Focus
April 30, 2021 02:47 PM BST| By Team Kalkine MediaSummary Research of epidemiologists at Yale University has shown that most European destinations would have little impact on hospital admissions. A top official in easyJet has said that as of 12 April situation, the government can allow most of.....
Will Standard Chartered PLC Continue to Advance Post a Bullish Breakout?
April 30, 2021 10:52 AM BST| 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 10:47 AM BST| 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.....
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FTSE 100 ended on a flat note; Tullow Oil stock zoomed by 13.11%
April 29, 2021 07:08 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 18.84 points or 0.45 per cent higher at 4,202.13, Dow Jones Industrial Average Index surged by 153.01 points or 0.45 per cent higher at 33,9...
Covid Passport Not on Government’s Mandatory List, Hospitality Stocks Still Not Impressed
April 29, 2021 05:26 PM BST| By Suhita PoddarSummary People may need the Covid passport only to enter large arenas and events like theatres and sports stadia. Cabinet Office Minister Michael Gove could set out progress on the review into Covid passport. In a big relief to the UK hosp.....
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5 Promising AIM-Listed Renewable Energy Stocks
April 29, 2021 02:05 PM BST| By Suhita PoddarSummary Global demand for renewable and clean energy technologies is at an all-time high. The world is driving towards reduced emissions and sustainable energy solutions. The resolve to take action against climate change continues to initi.....
FTSE 100 leaps further as US Fed holds interest rates at 0.25%
April 29, 2021 11:17 AM BST| By AbhijeetSummary FTSE 100 gathered momentum on Thursday after the US Fed maintained the rates. Midcap-heavy FTSE 250 traded marginally higher as corporate earnings unfolded. European shares traded mixed with CAC 40 of the Euronext Paris leading UK.....
TUI AG (LON: TUI) Resurging from Lower Levels, Will This Momentum Continue?
April 29, 2021 09:55 AM BST| 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.....
Energy & Financial Shares Lifted FTSE 100 Higher; Oil Prices up 1%
April 28, 2021 07:22 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 3.75 points or 0.09 per cent higher at 4,190.47, Dow Jones Industrial Average Index dipped by 112.22 points or 0.33 per cent lower at...
5 LSE Technology Stocks to Keep an Eye on in 2021
April 28, 2021 05:44 PM BST| By Suhita PoddarThe technology sector, which remained on the forefront during the pandemic, is experiencing a hiring boom in the UK. In Q1 2021, the industry witnessed the fastest rise in employment since Q2 2019. The surge is mainly on account of growing remote w.....
FTSE 100 swings in green as investors cheer Q1 results
April 28, 2021 05:33 PM BST| By AbhijeetSummary UK shares continued to trade higher, extending the weekly surge. FTSE 100 soared 0.60 per cent to hit an intraday peak of 6,986.70. Of late, corporate results have handheld the London equities. Investors are awaiting the outcome of th.....
Lotus to Build Electric Sports Cars in the UK, Focus on Aston Martin And Rolls Royce
April 28, 2021 02:09 PM BST| By Suhita PoddarSummary Lotus Cars has decided to manufacture electric sports car in the UK with an investment of £2.5 billion Lotus Car’s latest model, the Lotus Emira, a V6 sports car is the last combustion-engine ca.....
