Stock Market

How is Omicron affecting financial markets?

  • November 29, 2021 03:07 AM AEDT
  • Akshay
 How is Omicron affecting financial markets?

Highlights On Sunday, the Dutch health authorities said that they had found 13 infected cases of Omicron. The Dow Jones Industrial Average declined by 2.5% on Friday, recording its worst day in over a month. The Tadawul All Share Index traded ...

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Nuformix (NFX) & MyHealthChecked (MHC): 2 pharma penny stocks to buy

Nuformix (NFX) & MyHealthChecked (MHC): 2 pharma penny stocks to buy

Highlights Nuformix published positive pre-clinical data on its new inhaled treatment NXP002 for idiopathic pulmonary fibrosis. MyHealthChecked has announced the launch of two new COVID-19 home testing services for travellers in the UK. Pe...

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IQE, Horizonte (HZM) & Games Workshop (GAW): 3 stocks to buy

IQE, Horizonte (HZM) & Games Workshop (GAW): 3 stocks to buy

Highlights Investors must diversify their portfolio as investing in single stock or sector might prove detrimental in the long run. For diversification, investors can create their portfolio from different segments apart from the blue-chip index...

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5 good FTSE stocks to buy now

5 good FTSE stocks to buy now

The COVID-19 pandemic impacted the global economies, resulting in the imposition of stringent restrictions on movement and lockdowns for more than a year, stalled business activity and crashing stock markets. However, with mass COVID-19 vaccine adm...

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3 cheap FTSE stocks you can buy immediately

3 cheap FTSE stocks you can buy immediately

Highlights  LSE has had a continuous influx of investments despite the Covid crisis and record high inflation As the current economic climate is uncertain, investors can shop for dirt-cheap stocks right now. The stock markets witness ...

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3 water stocks income investors can buy for long term

3 water stocks income investors can buy for long term

Highlights  In June this year, Pennon announced the takeover of the water company Bristol Water for £814 million and recently, CMA conducted a merger inquiry into the water giant’s takeover of Bristol Water. For the half-year e...

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Are these 2 wine stocks a buy ahead of Christmas?

Are these 2 wine stocks a buy ahead of Christmas?

Highlights Wine companies warned that the country could face a booze shortage during the festive period due to a severe lorry driver crunch unless more action is taken by the UK government. The WTSA found that import orders are now taking 5 tim...

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Mulberry (MUL) & Burberry (BRBY): 2 fashion retail stocks to buy

Mulberry (MUL) & Burberry (BRBY): 2 fashion retail stocks to buy

Highlights  Global luxury fashion market is estimated to grow by CAGR 5.66 per cent from 2021 to 2026. Mulberry’s revenue rose by 34 per cent to £65.7 million on a year-on-year basis, for the 26 weeks period ended on 25 Septemb...

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AstraZeneca (AZN) shares: A long term buy from pharma space

AstraZeneca (AZN) shares: A long term buy from pharma space

Highlights AstraZeneca opened new research and development called Discovery Centre (DISC) is worth about £1 billion, in Cambridge It is the biggest science lab in the UK, tied with Francis Crick Institute located in London Pharmaceut...

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2 energy stocks to buy today

2 energy stocks to buy today

Highlights  UK had joined other major oil-consuming nations, including the US, India, China etc. to release about 70 million barrels of oil from their strategic reserves. UK plans to release 1.5 million barrels of oil, while the US has com...

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BoE hints at raising interest rates in Dec. Which stocks to buy?

BoE hints at raising interest rates in Dec. Which stocks to buy?

The Bank of England has been dropping subtle hints to convey about a looming rate hike and thus an increase in interest rates seems inevitable. Jonathan Haskel, an external member of MPC, has said that BoE may hike interest rates as the country is ...

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