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Stock market
What’s the Buzz Around IAG, Royal Mail, BP, Rolls Royce and Vodafone?
May 28, 2021 06:05 PM AEST| By Suhita PoddarSummary Airline group IAG announced transaction in its own shares purchasing over 1 million ordinary shares as part of its share plans. Royal Mail launched its first EV fleet as part of its net zero goals Roll Royce has unveiled its latest veh.....
Why Stocks of Argo Blockchain, Amigo, Lloyds, Scottish Mortgage and Vodafone Were In Demand?
May 27, 2021 08:16 PM AEST| 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 .....
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FTSE 100 stays in red as investors’ conundrum continues
May 26, 2021 11:32 PM AEST| 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.....
Why Gamestop, AMC Entertainment, Lloyds, Tesla and Amigo Holdings stocks were trending on 25 May?
May 26, 2021 07:47 PM AEST| 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.....
Avon Rubber shares fall 10% as CFO announces retirement
May 26, 2021 03:14 AM AEST| 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.....
Trainline shares crash 33% as Britain plans biggest shake-up of railway network
May 21, 2021 12:13 AM AEST| By AbhijeetSummary Trainline shares dived 33 per cent after DfT revealed revamp plan for Britain railways DfT is introducing a flexi-fare system, designed to save hundreds of pounds Fearing a potential revenue loss, one-third of market value of Trainline.....
M&A buzz: Entain mulls to make an offer for William Hill assets, KKR snaps up John Laing
May 20, 2021 08:35 PM AEST| By AbhijeetSummary Entain eyes William Hill assets to explore if it’s an interesting opportunity. With this move, the UK gambling market would be able to witness further consolidation. A £2-billion deal has been agreed upon by KKR for the Joh.....
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13 blue-chip stocks drag FTSE 100 as crypto wildfire spreads
May 20, 2021 01:17 AM AEST| By AbhijeetSummary Most of the markets across the globe encountered a massive midweek sell-off Dow Industrials and Nasdaq Composite plunged more than 1 per cent Bitcoin, the largest crypto asset, crashed a little more than 20 per cent Reacting to the de.....
What Led to Fall in Rio Tinto And Antofagasta’s Share Prices Today
May 19, 2021 11:00 PM AEST| By Suhita PoddarThe metals and mining stocks have been facing some volatility recently due to fluctuations in non-precious metals prices. Metals prices fell today, dragging stocks in the sector down. Copper futures prices were trading at USD 10,173.75, down by 2.3.....
How Is the Needle Moving on TUI and WH Smith Amid Warning on Amber Listed Destinations?
May 19, 2021 08:52 PM AEST| By AbhijeetSummary The UK government though has allowed foreign travel, it has warned against travelling to countries on the amber list. It has come up with a system of traffic light for foreign tours that resumed 17 May onwards. As the travel ban was li.....
Vodafone shares suffer 8% loss as group’s FY21 revenue dips over 2%
May 19, 2021 12:51 AM AEST| By AbhijeetSummary Vodafone shares collapsed over 8 per cent in the late deals on Tuesday Telecom major reported a revenue decline of 2.6 per cent EUR 43.80 billion Disposal of Vodafone New Zealand also contributed towards contraction the stock plunged .....
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 .....
AI on the Rise: A Look at Top AI Companies and Their Stocks