Stock market
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.....
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.....
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.....
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.....
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.....
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.....
BP Plc Reports Q1 Profit Of $4.7 Bn, Announces $500-Mn Share Buyback
April 27, 2021 03:34 PM BST| By Suhita PoddarSummary The Q1 2021 profits of BP Plc jumped to $4.7 billion, up from a profit of $1.4 billion in the previous quarter. The company announced it would begin its share buyback programme worth $500 million in the second quarter of 2021. The comp.....
HSBC Shares Off to Flying Start as UK Pre-Tax Profits Cross $1 Billion In Q1 FY21
April 27, 2021 02:13 PM BST| By AbhijeetSummary Shares of HSBC Holdings jumped nearly 3 per cent in the mid-morning deals HSBC shares emerged as the top gainers among the 101 constituents of FTSE 100 Pre-tax profits for HSBC UK Bank Plc jumped to over $1 billion in Q1 FY21 Shar.....
Lens On 4 Aviation Stocks as EU Might Open Leisure Travel to Vaccinated US Travellers
April 27, 2021 12:34 PM BST| By Suhita PoddarSummary European Commission said vaccinated US tourists might be allowed to travel to the EU. The European Commission would also ask member states to resume travel from the US. There was no clarification on whether complete vaccination was man.....
IMI shares hit 7-year high as it begins £100mn share buy-back, raises guidance
April 26, 2021 05:36 PM BST| By AbhijeetSummary Shares of IMI Plc rallied 11 per cent in the afternoon deals on Monday. Heavy buying has been largely fuelled by share buy-back and increased outlook. IMI has agreed to repurchase shares with a value of up to £100 million. S.....
Reopening: LSE Companies Start Bagging New Contracts as Economy Gets Back to Normal
April 26, 2021 05:29 PM BST| By Suhita PoddarReturning confidence among the business and the people have started appearing soon after the nation went for a major phase of reopening. Businesses are ramping up their work and production, and people are also adapting to the new normal. Though the.....
4 Buzzing Stocks On LSE: GRL, LLOY, RR. & HL.
April 26, 2021 01:48 PM BST| 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 .....
Trading Updates Of 3 AIM Stocks: FUL, PHC, ZIN
April 23, 2021 02:22 PM BST| By Suhita PoddarSummary The Fulham Shore PLC eyes revival from COVID-19 and plans new restaurant openings in and around UK. Plant Health Care PLC posted 3% Y-o-Y growth as compared to 2019. Zinc Media Group PLC posted a resilient and strong picture with busin.....
Why Did Morgan Sindall Shares Skyrocket 19%
April 22, 2021 04:20 PM BST| By Suhita PoddarSummary Shares of Morgan Sindall Group Plc jumped nearly 20 per cent in the afternoon trades on Thursday The stock has recognised a meaningful rise in the last one year, recovering from Covid bottoms The company is on track to deliver better-t.....
Acquisitions Across Industries: GRID, MXC & KWS
April 22, 2021 02:27 PM BST| By Suhita PoddarSummary Gresham House Energy Storage Fund PLC acquired its first operational capacity project Byers Brae in Scotland. MGC Pharmaceuticals Ltd acquired 100% stake in Israeli research company MediCaNL Inc. Keywords Studios PLC acquired UK based .....
What Led to the Sudden Spurt in Crypto Miner Argo Blockchain Stocks?
April 22, 2021 08:12 AM BST| By Suhita PoddarArgo Blockchain Plc (LON: ARB) shares witnessed a sharp surge in last session trading after the London-listed Blockchain company revealed its plans for a new cryptocurrency mining facility in West Texas. ARB shares surged 26.90 per cent to close at.....
Retail Companies in News - ABF, Next, Asda
April 21, 2021 10:47 AM BST| By Suhita PoddarSummary Primark owner Associated British Foods Plc has announced to hand back £121 million in furlough cash to the government. The CMA has raised concern over Bellis' buyout of Asda, as it could lead to higher petrol prices within the cou.....
Are Polymetal International PLC Charts Signaling End of a Bearish Trend?
April 21, 2021 10:23 AM BST| By Team Kalkine MediaSummary Polymetal International PLC (LON: POLY) recovered from the lower levels and delivered ~15.23 percent returns in the last one month. POLY prices are trading in a falling channel formation on the daily chart and trading above an upward s.....
Focus on Banking Stocks as UK Launches 95 Per Cent Mortgage Scheme
April 21, 2021 09:04 AM BST| By Suhita PoddarSummary Leading banks launched a new government-backed low-deposit mortgage scheme. The scheme has been made available by Lloyds, Santander, Barclays, HSBC, and NatWest. Chancellor Rishi Sunak said that with the news scheme, the UK housing mar.....