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UK to sell its first green bonds from 2021
November 10, 2020 02:20 PM GMT| By Kunal SawhneySummary Investors welcome the move saying it will help them in making informed decisions In line with the global trend, but critics say it is the bare minimum required .....
Pfizer and BioNTech Skyrocket on Covid-19 Vaccine Results
November 10, 2020 09:23 AM GMT| By Hina ChowdharyStock markets across the world witnessed a sharp uptick on Monday after initial data of a clinical trial showed that Pfizer and BioNTech’s vaccine candidate was more than 90 per cent effective in preventing COVID-19. Shares of both the pharm.....
Post-Brexit market: Sunak mulls UK public listings overhaul to lure tech giants
November 09, 2020 02:45 PM GMT| By Hina ChowdharySummary The "free float" requirement for a premium main market listing could be reduced Businesses might be allowed to hold dual class share structures Tech giants have delivered handsome returns since inception in the past The te.....
S&P 500 Futures Gain Over 1% As Biden Seals Victory in US Presidential Election
November 09, 2020 10:53 AM GMT| By Team Kalkine MediaSummary It was markets’ first chance to react to US president-elect Joe Biden’s victory in 290 congressional constituencies Markets from New York to London to Tokyo saw an unusually high uptick Last week, S&P 500 registered a g.....
Top FTSE 100 shares of 2020: These 3 large-cap stocks gained over 100% after Covid-19 crash
November 08, 2020 06:53 AM GMT| By Hina ChowdharySummary FTSE 100 has surged a little over 18 per cent in the seven-and-half-month stretch to 5,906.18 (5 November) from a level of 4,993.89 as on 23 March Surprisingly, there are three FTSE 100 large-cap stocks that have gained more than 100 pe.....
Ex-BHS Owner Dominic Chappell Gets 6-Year Jail for Tax Evasion
November 06, 2020 11:12 AM GMT| By Hina ChowdharySummary Dominic Chappel, a British businessman and former racing driver has been convicted of defrauding the income tax authorities Mr Chappell has made as much as £2.2 million from the BHS deal Chappell has been convicted of swindling t.....
Provident Financial Shares Jump 4% After Reporting Growth in Q3 Business
November 04, 2020 03:01 PM GMT| By Kunal SawhneySummary The customer spends at Vanquis Bank, a subsidiary of Provident Financial, rose nearly by 31 per cent in the July-September quarter The stock of Provident Financial gained as much as 4.37 per cent to hit a one-month high of GBX 243.60 on.....
How is the US presidential election result going to impact UK stock markets?
November 04, 2020 10:35 AM GMT| By Kunal SawhneySummary In the last two days, the stock markets have been largely skewed by the day-to-day progress in the US presidential election The FTSE 100 has consolidated the gains in the last two sessions with an upswing of nearly 4 per cent .....
FTSE 100 rallies 2% today: 12 blue-chip stocks gain up to 6%
November 03, 2020 06:13 PM GMT| By Hina ChowdharyUK stock markets extended the morning gains on Tuesday, 3 November 2020, rallying a little more than 2 per cent in the afternoon trades tracking the positive mood of investors across the markets worldwide. A considerable surge in the US stock futures...
Ocado Shares Surge on Acquisition Deal of Two US Robotics Firms
November 02, 2020 05:09 PM GMT| By Kunal SawhneySummary Ocado Group is set to buy two US robotics firms - Kindred Systems Inc and Haddington Dynamics Inc - for a total of $287 million Ocado expects the deals would speed up its commercialisation of robotic picking and other automation tasks f.....
Ryanair Shares Rally 5% Even as Airline Posts First Summer Loss In 30 Years
November 02, 2020 02:24 PM GMT| By Team Kalkine MediaSummary Ryanair share price surged as much as 5.18 per cent in the early morning deals to a four-day high of GBX 12.60 The company’ net revenue for the reporting period sank by 78 per cent to €1.18 billion following a 80 per cent-fal.....
FTSE 100 in focus after second lockdown news: Will the stock market crash?
November 02, 2020 12:59 PM GMT| By Team Kalkine MediaSummary Most of the key indices of London Stock Exchange have seen a massive wipe-out in October with FTSE 100 closing the month in red Stock markets across the world have also witnessed a similar jittery as investors following the uptick of Co.....
British Airways’ Owner IAG Says Air Travel Demand Unlikely to Fully Recover Before 2023
October 30, 2020 04:25 PM GMT| By Team Kalkine MediaSummary British Airways’ owner IAG has suffered a loss of £5.1 billion in the first nine months of 2020 IAG’s operating loss in the Q3 2020 was £1.3 billion, falling from profit of £1.4bn last year IAG CEO said it.....
5 Hidden Gems Revealed of Lockdown Period
October 28, 2020 02:12 PM GMT| By Team Kalkine MediaThe coronavirus pandemic has led to a lot of wealth erosion for investors. Lockdowns, travel disruptions and other restrictions have slowed down the economic activities across the world. The unprecedented crisis has led people to save more rather t.....
FTSE small cap investments: Opportunities for investors in volatile market conditions
October 27, 2020 10:18 AM GMT| By Kunal SawhneySummary Small cap stocks are shares of companies that are at the bottom end of a stock market and have a valuation, or market capitalisation, of less than $2 billion. Stocks can be further classified into micro- cap and nano cap. On the London .....
Centamin Plc Shares Underperform on Sukari Mine Concern
October 22, 2020 05:37 PM BST| By Hina ChowdharySummary Centamin PLC's shares, one of the largest LSE listed gold producers, have been underperforming past one month The share prices of the company have fallen sharply after it announced that it would be producing half as much gold from its S.....
5 AIM Stocks for The Long Term: ABC, ASC, AVCT, PRSM, and BOO
October 22, 2020 05:33 PM BST| By Team Kalkine MediaSummary A majority of the AIM listers have yielded double-digit return in last almost a year AIM listed businesses are closely linked with the domestic economy and are significant contributors to the UK’s economy With global supply chain.....
Royal Mail Shares Get A Boost from Launch of Doorstep Parcel Pick-Up Service
October 22, 2020 01:53 PM BST| By Team Kalkine MediaSummary Royal Mail’s parcel collect service is one of the biggest structural changes in its history With the latest offering from Royal Mail, people can utilise the parcel collect service to schedule a home pick-up for the parcel by visit.....
Market Movers of The Day – 19 October 2020
October 19, 2020 05:40 PM BST| By Hina ChowdharyLondon’s broader equity benchmark index, FTSE 100 recently surged amid hopes that a US stimulus bill might be possible before the presidential election in the United States, however, all those gains were wiped off as a yet another lockdown and...
10 FTSE Healthcare Stocks to Keep an Eye on
October 19, 2020 05:37 PM BST| By Kunal SawhneySector such as the health care tends to perform well during recessions, and stocks of these sectors offer great returns even in challenging times like the present Covid-19 pandemic scenario. The healthcare sector has become more relevant than ever .....
