Stock market
How UK crypto exchanges are coping with guidelines on ads?
January 21, 2022 02:01 PM GMT| By Sreenivas D AjankarHighlights Cryptocurrency frauds have skyrocketed in recent years as defrauders are taking advantage of consumer inexperience and limited knowledge. Some ads mislead consumers and do not give proper disclaimers about investment risk. The U.....
Britishvolt gets UK govt funding: 3 FTSE EV focused stocks to buy
January 21, 2022 10:21 AM GMT| By Suhita PoddarHighlights Britishvolt received backing from the UK government for building a large-scale battery plant in northern England which is expected to help boost EV production in the UK. Some other investors include Tritax and abrdn PLC, which helped.....
Why banking stocks are good options amid rising interest rates?
January 21, 2022 09:24 AM GMT| By Rishika RainaInflation in the UK has touched record high levels recently. Breaching the Bank of England’s 2% target with a heavy margin, the inflation level is expected to reach 6% by the spring of 2022. To counter the impact of soaring inflation, BoE is .....
Should you buy Just (LON: JUST) shares in 2022?
January 21, 2022 07:42 AM GMT| By Priya BhandariHighlights The Financial services group reported increase in retirement income sales by 25% to £2.7 billion in FY2021. The group added that the organic capital generation for 2021 is expected to more than double compared to FY2020. .....
Energy bills could increase further in 2022: 2 FTSE 250 stocks to buy
January 21, 2022 07:27 AM GMT| By Suhita PoddarHighlights Energy UK’s CEO, Emma Pinchbeck, said that energy bills could likely increase further in October, following an expected price hike of around 50 per cent in April this year. Pinchbeck said the Oct price rise could happen i.....
Direct Line (DLG) & LGEN: 2 FTSE insurance stocks to buy
January 21, 2022 07:25 AM GMT| By Suhita PoddarHighlights The global insurance sector is forecasted to reach record levels of premiums amounting to over US$ 7 trillion earlier than previously estimated. The sector is set to achieve this level by mid-2022, compared to an earlier projec.....
Associated British Foods (LON: ABF) to cut jobs: Should you hold?
January 20, 2022 12:27 PM GMT| By Sreenivas D AjankarAssociated British Foods Plc (LON: ABF), an FTSE 100 listed diversified food retail company, has announced its business update for 16 weeks to 8 January 2022, where the company’s total revenue from continued operation grew by 19% to £5,.....
Should you buy these 5 FTSE tech stocks in 2022?
January 20, 2022 12:20 PM GMT| By Rishika RainaRising inflation is a trend being observed across the globe and the increase in interest rates to counter the impact of inflation has the potential to knock down the high-growth tech stocks. Inflation in the UK has recently touched record high leve.....
Deliveroo (ROO) shares jump 3% on strong demand: Should you buy?
January 20, 2022 12:13 PM GMT| By Suhita PoddarUK based online food delivery group Deliveroo (LON: ROO) shares jumped 3 per cent after it reported strong delivery orders despite easement of restrictions during the period, in its latest trading update. Deliveroo Q4 trading update Deliveroo&rsq.....
Why is WH Smith (LON: SMWH) in news?
January 20, 2022 11:59 AM GMT| By Priya BhandariThe FTSE 250-listed high street news, books, and convenience retailer, WH Smith Plc (LON: SMWH) has been in the news after it announced a trading update for the 20-week period to 15 January 2022 and shareholders’ revolt over the remuneration .....
US and UK start steel tariff removal talks: 2 stocks to hold
January 20, 2022 09:42 AM GMT| By Suhita PoddarThe US and UK commenced discussions to remove tariffs placed on steel and aluminium, which had been placed during former US President Donald Trump’s administration. The US and UK released a joint statement saying that they were working towar.....
Nickel prices surge: 2 blue-chip metal stocks you can hold now
January 20, 2022 07:37 AM GMT| By Suhita PoddarNickel has grown in importance as a critical metal for the future, especially as it is a key component for lithium-ion batteries in electric vehicles (EVs). EVs have been witnessing a wider interest since last year after the UK disclosed its plans.....
Hotel Chocolat Group (LON: HOTC): Should you add this stock now?
January 20, 2022 07:33 AM GMT| By Rishika RainaPremium British chocolatier Hotel Chocolat Group plc (LON: HOTC) has attracted the attention of investors as it has announced an increase in its revenues and has raised its guidance for 2022. Let’s analyse the performance of the omni-channel.....
Pearson’s (PSON) shares jump 6% on upped profit outlook: Buy alert?
January 19, 2022 11:03 AM GMT| By Suhita PoddarEducation group Pearson PLC’s (LON: PSON) shares rose by nearly 6 per cent on Wednesday after the group announced its profit outlook ahead of expectations in its latest trading statement. Pearson’s upped FY 2021 guidance The group ex.....
Why buy penny stocks for short term? 5 exceptions for investment
January 19, 2022 10:55 AM GMT| By Priya BhandariPenny stocks are the stocks that are available at a very low price and belong to companies with very low capitalization in the market. There is a lot of buzz around penny stocks as they can be an excellent way to diversify portfolio among smaller b.....
5 life insurance stocks you can put your money in
January 19, 2022 10:49 AM GMT| By Rishika RainaHighlights Getting life insurance is a way of securing yourself and your family financially. Life insurance stocks are relatively stable and thus are a great investment option. In 2020, Aviva life insurance plan was owned by approximatel.....
Should you buy THG shares despite profit margins warning?
January 19, 2022 10:32 AM GMT| By Suhita PoddarHighlights THG group’s shares fell sharply by 9 per cent on Tuesday after the group came up with cautious guidance for 2022 in its Q4 trading statement. It estimates its FY 2022 revenue growth rate to be between 22 to 25 per cent (constan.....
2 hydrogen energy AIM stocks you can buy in 2022
January 19, 2022 10:28 AM GMT| By Suhita PoddarHighlights ENA said UK gas networks would be ready to blend up to 20 per cent of hydrogen by 2023 It called on the government to increase the hydrogen production capacity to 10 GW by 2030, from the current target of 5 GW by 2030. Ind.....
Should you buy 888 Holdings Plc shares right now?
January 19, 2022 10:21 AM GMT| By Sreenivas D AjankarHighlights 888 Holdings Plc is facing a lot of regulatory changes in various countries affecting its earnings and share prices. 888 Holdings Plc saw a jump in sale by 14% to £714 million for FY2021, as online casino demand increased durin.....
Microsoft-Activision deal: Sneak peek at UK’s gaming M&A transactions
January 19, 2022 10:18 AM GMT| By Sreenivas D AjankarHighlights US software giant Microsoft Corp. has announced plans to buy video gaming company, Activision Blizzard, in a USD 68.7 billion all-cash deal. The acquisition will make Microsoft Corp. the third-largest gaming company and will give the.....