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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Naked Wines shares drop by 9%: Should you still buy this stock?

Naked Wines shares drop by 9%: Should you still buy this stock?

Highlights  Naked Wines’ shares fell sharply by over 9% on Thursday after the company slashed its sales outlook for FY 2022. The cut was done amid the ongoing supply chain issue in the UK, which has affected wine availability. The g...

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Daily Mail (DGMT) & Reach (RCH): Should you buy these 2 media stocks?

Daily Mail (DGMT) & Reach (RCH): Should you buy these 2 media stocks?

Highlights A recent gender diversity survey found 73 per cent of women in UK journalism faced a harder career growth path compared to their male colleagues. The report recommended media organisations nurture diverse talent to address the discri...

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Royal Mail zooms 7% as it offers double bonanza to shareholders

Royal Mail zooms 7% as it offers double bonanza to shareholders

  • November 18, 2021 02:12 PM GMT
  • Abhijeet

Highlights Shares of Royal Mail Group surged more than 7% on Thursday, 18 November The company has announced to return £400 million to the shareholders Share buyback programme will be managed by Merrill Lynch International Shares of...

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Should you buy these 3 utilities stocks for the long term?

Should you buy these 3 utilities stocks for the long term?

The UK households fear a further rise in energy bills during the winter season driven by high energy prices in the country. Domestic electricity and gas prices have risen significantly in the last few months because of the rise in wholesale crude o...

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UNCTAD warns of high shipping rates: 2 stocks to buy

UNCTAD warns of high shipping rates: 2 stocks to buy

Highlights Global consumer prices are set to jump by 1.5 per cent, and global import prices are estimated to increase by 11 per cent between 2021 and 2023, according to a UNCTAD report The rise is due to the supply chain bottleneck being faced ...

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3 housebuilding stocks to buy amid surging housing market

3 housebuilding stocks to buy amid surging housing market

Highlights The average house price in the UK rose by 11.8% to a record high of £270,000 in the first nine months of 2021, as per the latest data released by the ONS. Sustainable high demand from consumers is beneficial to the housing sect...

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Novacyt (NCYT), SSE & Sage Group (SGE): 3 FTSE stocks to buy today

Novacyt (NCYT), SSE & Sage Group (SGE): 3 FTSE stocks to buy today

Highlights  The UK reported surge in inflation to 4.2% in October 2021, which was the highest cost of living in the country since December 2011. As per market experts, the rising inflation in the country may force the central bank to act b...

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Playtech’s (PTEC) takeover war heats up. Should you buy shares now?

Playtech’s (PTEC) takeover war heats up. Should you buy shares now?

Highlights  Gambling tech firm Playtech received a takeover offer from JKO Play Ltd, co-owned by former F1 head Eddie Jordan Earlier Gopher Investments made a preliminary approach last month after Aristocrat Leisure had made a takeover bid...

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Supermarket staff wages on a rise: 2 grocery stocks still a good buy

Supermarket staff wages on a rise: 2 grocery stocks still a good buy

Highlights  Lidl GB became the highest paying supermarket, after stating its plans to increase its staff wages from £10.85 to £11.35 in London, and from £9.50 to £10.10 for workers outside of London. The hike is exp...

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Is it the right time to put your money in aviation stocks?

Is it the right time to put your money in aviation stocks?

Highlights The ex-CEO of British Airways' parent company IAG and the current DG of IATA, Willie Walsh, said UK’s international travel rules led to suppressed demand and great confusion in the sector’s customers. Walsh also said that...

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