Stock market
Daily Mail (DMGT) & Reach (RCH): Should you buy these 2 media stocks?
November 18, 2021 02:48 PM GMT| By Suhita PoddarAbout 73 per cent of women in journalism found their career progression was more difficult than their male counterparts, according to a new survey on gender diversity in UK journalism. The report found about 70 per cent of women and 59 per cent of.....
Royal Mail zooms 7% as it offers double bonanza to shareholders
November 18, 2021 02:12 PM GMT| By AbhijeetHighlights 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.....
Should you buy these 3 utilities stocks for the long term?
November 18, 2021 01:51 PM GMT| By Sreenivas D AjankarThe 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.....
UNCTAD warns of high shipping rates: 2 stocks to buy
November 18, 2021 01:09 PM GMT| By Suhita PoddarA sharp rise in container shipping rates is expected to lead global import prices to jump by 11 per cent and consumer price levels to rise by 1.5 per cent between 2021 and 2023, according to the Review of Maritime Transport 2021 report. As per the.....
3 housebuilding stocks to buy amid surging housing market
November 18, 2021 10:29 AM GMT| By Sreenivas D AjankarHighlights 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.....
Novacyt (NCYT), SSE & Sage Group (SGE): 3 FTSE stocks to buy today
November 18, 2021 10:05 AM GMT| By Sreenivas D AjankarHighlights 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.....
Playtech’s (PTEC) takeover war heats up. Should you buy shares now?
November 18, 2021 09:23 AM GMT| By Suhita PoddarHighlights 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.....
Supermarket staff wages on a rise: 2 grocery stocks still a good buy
November 18, 2021 09:17 AM GMT| By Suhita PoddarHighlights 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.....
Is it the right time to put your money in aviation stocks?
November 17, 2021 02:03 PM GMT| By Suhita PoddarHighlights 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.....
UK announces plan to boost overseas trade, 5 stocks to buy now
November 17, 2021 01:57 PM GMT| By Rishika RainaHighlights UK plans to boost annual exports to £1 trillion by the end of the decade. To support the UK companies in the global markets, the Government has launched ‘The Made in the UK, Sold To The World’ plan. Under the 12-po.....
Sage Group (SGE) shares soar 5%: Is it the right time to buy?
November 17, 2021 01:46 PM GMT| By Nidhi GuptaHighlights Sage Group’s board declared a dividend of 17.68 pence per share to shareholders during the period compared to 17.25 pence per share in FY 2020. The company plans to snap up deals and acquisitions with the aim to strategic.....
Should you hold on to these 5 hospitality stocks?
November 17, 2021 01:37 PM GMT| By Rishika RainaHighlights Chronic staff shortages in the UK have led to shutting down of hotels, pubs, and restaurants. Hospitality sector will have to compete with retailers and delivery businesses for staff ahead of Christmas. Due to the issues relat.....
Kape, NCC & Darktrace (DARK): 3 cybersecurity stocks to buy now
November 17, 2021 01:00 PM GMT| By Nidhi GuptaHighlights Kape Technologies’ revenue grew at 61.9% year-on-year to $95.5 million in H1 2021 ended 30 June from $59.0 million in H1 2020. NCC Group’s board declared a final dividend of 3.15 pence per share. Darktrace announce.....
Goldman Sachs is bullish for 2022: Positive trigger for UK market?
November 17, 2021 12:43 PM GMT| By Sreenivas D AjankarHighlights The US-based investment bank Goldman Sachs predicts that the bull run in the US stock market is expected to continue in 2022. The growth in the US stock market might also positively impact the UK and European stock markets as m.....
Should you buy these 2 stocks amid near-decade high inflation?
November 17, 2021 12:39 PM GMT| By Suhita PoddarHighlights October’s inflation rate rose to 4.2 per cent, an almost 10 year high since December 2011. The higher-than-expected reading was due to rising energy and fuel prices, supply chain crunch, amongst other factors. The Consumer.....
Nord Stream 2’s certification suspension: 2 energy stocks to buy
November 17, 2021 10:35 AM GMT| By Suhita PoddarHighlights Germany’s energy regulator suspended the Nord Stream 2 pipeline’s certification process due to its failure to comply with German regulations. The move led gas prices to jump by about 17 per cent in the UK and the EU. 21 .....
Why high wholesale energy prices can be fatal
November 17, 2021 09:11 AM GMT| By Rishika RainaHighlights Wholesale energy prices hit their second highest level since 2018 after the peak in mid-September. UK’s power grid moved towards gas-fired power plants and coal due to lack of power generation from wind. On Monday, 55% o.....
Is it the right time to buy these 3 FTSE stocks?
November 17, 2021 07:42 AM GMT| By Nidhi GuptaHighlights For the quarterly period ended 30 September 2021, THG recorded revenues of £507.8 million compared to £378.1 million, representing a year-on-year increase of 34.3%. Land Securities announced a dividend of 15.5 pence per s.....
3 shipping stocks to diversify your portfolio
November 17, 2021 07:18 AM GMT| By Sreenivas D AjankarHighlights The shipping industry plays a crucial role in global trades carrying an estimated USD 4 trillion of goods each year. The shipping industry and the global economy is deeply interlinked. Hence it acts as one of the leading indica.....
Is it the right time to invest in these 3 penny stocks?
November 16, 2021 02:27 PM GMT| By Nidhi GuptaHighlights Victoria Oil and Gas announced that the perforations had been successfully added to the Logbaba well La-108 located in Cameroon. Universe Group’s revenues rose by 19.8% year-on-year to £11.70 million in H1 2021 compared t.....