Stock market
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.....
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.....
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.....
Spotlight on 2 FTSE Pharma Stocks: Astrazeneca PLC and Indivior PLC
May 25, 2021 01:11 PM BST| By Suhita PoddarSummary A recent GlobalData survey highlighted a majority of US, and UK healthcare professionals believed the UK is an attractive destination for research and manufacturing in the sector post Brexit. Vaccine maker AstraZeneca’s share drop.....
Oil stocks in focus as Shell to sell its interest in Deer Park Refining
May 25, 2021 10:51 AM BST| By Suhita PoddarSummary Shell would be selling its interest in Texas-based Deer Park refinery. The transaction will transfer Shell's full ownership of the refinery to the Mexican oil major by the end of fourth quarter this year. Pemex would now be providing e.....
What Moved Wishbone Gold Plc and Cora Gold in Trade Today?
May 25, 2021 06:08 AM BST| By Suhita PoddarUK’s gold stocks have benefited recently with the rise in gold prices, as the precious metal is expected to rise considerably, fuelled by a weaker dollar, lower US treasury yields and volatility in the cryptocurrency Bitcoin in the passing fe.....
Lens On 2 Aviation Stocks as IATA Says Airline Industry to Be Smaller After Pandemic
May 24, 2021 04:23 PM BST| By AbhijeetSummary IATA expects the global aviation sector will reduce in size and be cautious after the pandemic. It does not expect much M&A activities as the industry players would be guarding their precious cash instead. Aviation firms might not .....
2 FTSE 250 Retailers in Focus: Marks and Spencer and WH Smith PLC
May 24, 2021 03:56 PM BST| By Suhita PoddarSummary The Office of National Statistics released data on 21 May indicating a rise in sales volumes by 9.2 per cent in April. Pent up demand during the lockdown led to the rise in sales as the country has eased restrictions Retail giants Mark.....
Ofgem To Invest £300 Million In EV Charging Infra; Focus on ITM Power and Ceres Power
May 24, 2021 02:39 PM BST| By AbhijeetSummary Ofgem to invest £300 million for the expansion of the charging network of electric vehicles in the UK. Investment would be in low carbon projects that would include help to build over 3,500 charging points. The energy regulator s.....
4 Stocks to Explore as Sales at Hospitality Venues Soar with Indoor Opening
May 24, 2021 11:48 AM BST| By AbhijeetSummary Sales at restaurants and pubs jumped as the British economy reopened, says Dojo research. Pubs, cafes, and restaurants have made many technological advancements during the pandemic period. They would continue to use these even after th.....
Here’s Why 2 FTSE Stocks Cineworld And Restaurant Group Are Trending Today
May 24, 2021 11:43 AM BST| By Suhita PoddarSummary The travel and leisure sector has been one of the worst-hit sectors due to national lockdowns Since the reopening of indoor dining and other non-essential businesses, there has been a surge in customers due to pent up demand Shares in .....
Focus On 3 FTSE Real Estate Stocks as UK Housing Prices Likely to Rise for Next 5 Years
May 24, 2021 11:04 AM BST| By Suhita PoddarSummary Nationwide Building Society said house prices in the UK would continue rising even after the stamp duty holiday is withdrawn. The rising property prices signify a changing lifestyle pattern ushered in due to the pandemic, Nationwide sai.....
Vaccination Visibly Helps in Abating Existential Threat to Life
May 23, 2021 12:16 AM BST| By AbhijeetSumamry As per PHE, the Covid-19 inoculation programme alone has helped in preventing more than 11,000 deaths in England Various medical experts initially believed that there could be severe issues with the people who have received the Covid-19.....
CMA Tightens Noose Around Travel Firms Over Full Refunds
May 22, 2021 05:05 AM BST| By AbhijeetSummary CMA has issued a warning to holiday companies to respect the refund rights of the holidaymakers before the commencement of the summer holiday period. The coronavirus pandemic has had severe repercussions in the past leading to either ca.....
Spotlight On 2 Banking Stocks: Virgin Money and Barclay Plc
May 21, 2021 05:46 PM BST| By Suhita PoddarSummary UK banking sector has increasingly adopted technology to innovate under business uncertainty caused by the ongoing covid-19 crisis. A recent report commissioned from Mobiquity saw 40 per cent of banks adopting digital technology to make.....
3 Golden Picks from Our Shining Metal Sector
May 21, 2021 04:31 PM BST| By AbhijeetSummary 2020 proved a golden year for the gold stocks, with precious metal making new high. Correlation between the state of economy and gold is just the opposite of each other. 2020 was a tremendous year for gold and its asset class, wher.....
5 Housebuilding Stocks to Build Wealth in 2021
May 21, 2021 03:01 PM BST| By AbhijeetUK’s new build sector has remained resilient throughout the coronavirus pandemic, which ultimately led to building confidence in the house building sector. The workload in this sector is seeing the biggest increase in the last five years as t.....
3 Global Pharma Stocks in Focus as UK Enters Talks to Waive Vaccine Patents
May 21, 2021 10:23 AM BST| By Suhita PoddarSummary The UK and EU are in talks to waive vaccine patents after the US supported the initiative. India and South Africa have long been asking for waiving patents under the World Trade Organisation’s Trade-Related Aspects of Intellectual.....