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Focus On 2 FTSE 100 Hospitality Stocks as UK Enters Third Phase of Easement
May 17, 2021 02:56 PM BST| By AbhijeetSummary Coronavirus restrictions were further eased in England today. British PM Boris Johnson urged people to continue playing their part in controlling the spread of the virus. The government announced new rules for non-essential travel abro.....
3 Water Utility Stocks in Focus after Additional Investment Approval from Ofwat
May 17, 2021 01:58 PM BST| By Suhita PoddarSummary UK water watchdog Ofwat announced plans of investment of up to £2.8 billion in green projects, with over £850 million of additional investment for projects from Severn Trent Water, South Staffs Water, South West Water, a subs.....
Lens On 3 FTSE 250 Housebuilding Stocks as House Prices See A Boom Outside London
May 17, 2021 01:43 PM BST| By AbhijeetSumamary The average asking price of homes has jumped by £5,767, or 1.8% month-on-month to £333,564. The boom is being witnessed as sellers seek to make the best of an extended tax break on property sales. House prices in Wales ros.....
Why HSBC And Lloyds stock Are trading Down?
May 17, 2021 01:37 PM BST| By Suhita PoddarSummary A majority of banking and financial services firms have expressed optimism for the long term after the pandemic, according to a report by banking platform Yobota. 76 per cent of companies invested in new technology, and 79 per cent of s.....
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Focus On 2 FTSE Food Stocks as UK Consumer Confidence Soars To 5 Year High
May 14, 2021 03:51 PM BST| By Suhita PoddarSummary IDG Shopper confidence index reported a five year high of -1 in April 2021, from 2016, with fine food retailers expected to have a bumper season as lockdown restrictions continue to ease further. Fine food retailers’ stocks are ex.....
Tesla’s wild-ride: Shares correct 36% from record high clinched in 2021
May 14, 2021 02:41 PM BST| 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 01:39 PM BST| 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.....
Why On the Beach Group Plc share prices crashed on LSE?
May 14, 2021 11:45 AM BST| By Suhita PoddarSummary On the Beach Group Plc said it will start selling trips abroad only after 1 September due to the uncertainties related to the coronavirus pandemic. It would be reviewing its position after government releases its next international trav.....
Eurasia Mining Shares Rally on Potential Asset Sale News
May 13, 2021 03:58 PM BST| By AbhijeetSummary Eurasia Mining shares moved up by 12 per cent today, reacting to an announcement of a potential asset sale to a credible party. In case the deal is through, it would allow the gold and metals miner to pay a significant dividend to all i.....
Alphawave Makes A Dismal Debut, Shares Fell Over 21%
May 13, 2021 03:33 PM BST| By AbhijeetSummary Chipmaker Alphawave stock tumbled on its LSE debut. It licences high-speed data transmission technology to various chipmaker firms The Totonto-based semiconductor IP company was valued at £3.1 billion Shares of the Canadian .....
Musk Impact: 3 FTSE Blockchain Stocks Suffer Sharp Drop in Trade Today
May 13, 2021 03:24 PM BST| By Suhita PoddarSummary Electric vehicle giant Tesla founder Elon Musk announced the company would stop accepting Bitcoin as a form of payment due to its high energy consumption and its effect on the climate. The news led to a crash in cryptocurrency and block.....
Burberry shares collapse 10% as Q4 FY21 sales remain short of Q4 FY19
May 13, 2021 02:41 PM BST| 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 .....
Lens on BP Plc and Powerhouse Energy Amid Divergent Climate Change Developments
May 13, 2021 01:44 PM BST| By Suhita PoddarSummary Shareholders of BP Plc voted against a resolution to take the company closer to achieving its climate commitments. Over 79 per cent of total shareholders opposed a proposal placed by a shareholder group. Powerhouse Energy Group Plc wou.....
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TUI Stocks Fall as The Company Posts Heavy Half-Yearly Losses
May 12, 2021 04:39 PM BST| By Suhita PoddarSumamry TUI Group expects a strong summer season this year provided the travel restrictions are eased. Summer prices were up by 22 per cent on average for this year, said the firm. The group had a liquidity of €1.7 billion on 7 May. .....
Spotlight On 2 FTSE Consumer Services Stocks
May 12, 2021 04:14 PM BST| By Suhita PoddarSummary Catering giant Compass Group’s CEO Dominic Blakemore has said that the hybrid working model posed long term issues. UK’s largest funeral services provider, Dignity PLC, reported a jump in its underlying revenue by 14 per cen.....
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3 FTSE 100 Metals and Mining Stocks to Watch Amid Surge in Metal Prices
May 12, 2021 02:00 PM BST| By Suhita PoddarSummary There has been increasing optimism of rebound in the global economy, which would consequently reflect in the surge of demand in commodity prices Industrial metals major Antofagasta announced its plans to be carbon neutral and reduce its.....
Lens on Travel Stocks as Airline Chiefs Call to Restart US-UK Travel
May 12, 2021 11:02 AM BST| By Suhita PoddarSummary Airline CEOs have called for a joint summit to initiate transatlantic travel. A joint letter was sent by CEOs of six passenger airline companies and a US-based aviation trade association to the transport ministers of both nations. The .....
Amigo Holdings Plunge Over 25% as FCA Confirms to Oppose Rescue Plan
May 11, 2021 05:42 PM BST| By AbhijeetSummary The Financial Conduct Authority is all set to oppose Amigo Holdings Plc’s rescue scheme. A majority of Amigo’s creditors have voted in favour of the scheme, though FCA has said the proposal in its current form was not fair. .....
What Made These 2 FTSE AIM All Share Medtech Stocks Surge Today?
May 11, 2021 05:37 PM BST| By Suhita PoddarSummary Oncology firm Physiomics stocks soared after the company announced a new contract with Numab Therapeutics Detection company Kromek Group announced an improvement in commercial activity across all business segments and pipeline Medical .....
Natwest Stock Trades in Red after the UK Government Lowers Its Stake
May 11, 2021 04:12 PM BST| By Suhita PoddarSummary Treasury intends to dispose of nearly 5 per cent of its shares in NatWest Group PLC. NatWest has moved closer to completely returning to private ownership. The shares of the bank were trading lower by over 2 per cent in the morning hou.....
