Stock market
How has Lendinvest performed on AIM since its IPO?
August 17, 2021 09:14 AM BST| By Suhita PoddarRecently listed property finance platform LendInvest Plc (LON: LINV) announced on Monday a lending partnership with banking majors Barclays PLC (LON: BARC) and HSBC Holdings PLC (LON: HSBA), worth up to £150 million. The partnership wi.....
Is it the right time to invest in these 5 FTSE listed cannabis stocks?
August 17, 2021 09:03 AM BST| By Kamalika GhoshVery recently, in 2018 the UK legalised the medicinal use of cannabis. Medical cannabis, which is used to treat the pain and specific illnesses was first legalised in the United states for the treatment of Alzheimer's disease and other medical cond.....
Ultra (LON: ULE) and Meggitt (LON: MGGT) shares soar on takeover announcements
August 16, 2021 01:44 PM BST| By Suhita PoddarHighlights Ultra Electronics Holdings plc entered into a £2.6 billion takeover agreement with Cobham Ultra Acquisitions Limited. Post takeover, each Ultra Electronics shareholder will receive £35.00 in cash, 40% more than Ultr.....
Greenwashing concern: Should you buy these 3 FTSE renewable energy stocks?
August 16, 2021 10:39 AM BST| By Team Kalkine MediaHighlights The UK’s Department for Business is soon expected to launch a review of power suppliers in the UK market. The department want to investigate whether the power companies are using renewable source of energy or greenwashing to ma.....
88 Energy, Volex and Informa: Why these 3 FTSE stocks are trending today?
August 16, 2021 08:38 AM BST| By Kamalika GhoshHighlights 88 Energy’s profits stood at AUD445,446 in H1 2021 compared to AUD4.020 million loss in H1 ended 30 June 2020. Informa posted strong revenues of £688.9 million in H1 2021, as against £814.4 million in same per.....
3 FTSE pub stocks if you are looking to enter the hospitality space
August 16, 2021 08:18 AM BST| By Suhita PoddarHighlights Craft brewery major Beavertown announced plans to open its first pub today The pub, called Corner Pin, will be located across from the Spurs Tottenham Hotspur Stadium The company aims to open a chain of pubs called as Beaver Beacons.....
Weekly roundup of FTSE 100 risers and fallers (09-13 August)
August 14, 2021 12:28 AM BST| By Kamalika GhoshFTSE 100 closed with good gain for the week ended 13 August, reaching the 52-week high. Here we are giving the roundup of gainers and losers of every day during the passing week. 9 August 2021: Top riser: SSE Plc (LON: SSE): Shares of the electr...
Famous five of business this week (August 09-13)
August 14, 2021 12:23 AM BST| By Suhita PoddarMonday – August 09 Deliveroo Plc (LON: ROO) Deliveroo, the British online food delivery platform, announced that the Berlin-based rival company Delivery Hero acquired a 5.1% stake in the company. The move comes amidst the rising c...
Boohoo’s (LON: BOO) eyes global expansion through £500-million investment
August 13, 2021 03:48 PM BST| By Suhita PoddarHIGHLIGHTS Boohoo in its first-ever Economic Impact Report announced, plans to invest £500 million to grow its customer base in the UK and international markets. The company plans to create over 5,000 new jobs across purchase, technology,.....
Best of The Best and Avon suffer sharp correction. Should you invest in them?
August 13, 2021 03:43 PM BST| By Kamalika GhoshHighlights Best of The Best Plc share price saw a sharp sell-off after it reported a 15% drop in average weekly sales and lowered its full year guidance. Avon Protection Plc has reduced its revenue and EBIDTA margin guidance for the current.....
3 FTSE 100 mining stocks worth considering: Evraz, Rio Tinto, BHP
August 13, 2021 01:25 PM BST| By Suhita PoddarHighlights Improved sectoral outlook for the mining sector and rising commodity prices have boosted UK’s mining stocks in FY 2021 Evraz, Rio Tinto both recently announced strong H1 2021 results, outperforming the broader markets BHP is s.....
Professional athletes and clubs going gaga over cryptocurrencies
August 13, 2021 12:30 PM BST| By Suhita PoddarHighlights Many professional athletes and sports clubs have found a unique way not only to drive revenue but also to engage fans at the same time MLB, NFL, Formula One, Football are few sports who have ventured into cryptocurrencies. Crypt.....
5 FTSE AIM stocks to buy: GOOD, PHE, JLH, ABDX and KWG
August 13, 2021 12:08 PM BST| By Kamalika GhoshOver the years, AIM has grown into the most successful market for dynamic high growth companies and also rewarded investors with high returns. The most important aspect of investment in AIM listed stocks is that they offer an opportunity to invest .....
10 penny stocks listed on LSE to diversify your portfolio
August 13, 2021 11:50 AM BST| By Kamalika GhoshHighlights Penny stocks refer to the common stocks that are traded below £1 and have a market capitalisation of less than £100 million in the UK. Penny stocks can help in generating wealth and diversification, but they should .....
Lens on FTSE-AIM listed Redrow and Foxtons amid cooling UK housing boom
August 13, 2021 11:01 AM BST| By Kamalika GhoshHighlight According to Halifax, average UK property price currently stands at £261,221, an increase of 0.4% in July, with Wales registering the highest rise of 13.8%, and London the lowest at 2.5%. The UK house prices are currently about .....
Deliveroo, Ashtead, Entain: Should you buy these FTSE stocks now?
August 13, 2021 09:12 AM BST| By Suhita PoddarHighlights Food delivery firm Deliveroo reported strong H1 2021 results, driving its shares by almost 9 per cent Ashtead shares rose after closing on its recent loan notes offering on Thursday. Entain reported strong H1 2021 results, announcin.....
3 FTSE oil and gas stocks in focus after OPEC maintains 2021 demand forecast
August 13, 2021 08:53 AM BST| By Suhita PoddarHighlights The Organisation of the Petroleum Exporting Countries (OPEC+) announced that 2021 demand is expected to remain strong despite rising Delta variant cases It estimates global oil demand to rise by 6.6 per cent in 2021, same as its earl.....
Cineworld and Scottish Mortgage: Is it the right time to enter these FTSE stocks?
August 12, 2021 04:36 PM BST| By Suhita PoddarHIGHLIGHTS Cineworld Group plc has resumed most of its operations, and the company has a positive outlook for the fourth quarter of this year. Scottish Investment Trust has raised £200 million through fixed-rate u...
10 FTSE shares to buy and hold for long term
August 12, 2021 03:28 PM BST| By Suhita PoddarHighlights Increasing vaccination rates across the country are driving the recovery of businesses. Investors seeking to invest in stocks for long-term may look to stocks that offer regular dividends and appreciation over time. The CO.....
Where to live: Most expensive and least affordable UK cities in 2021
August 12, 2021 02:30 PM BST| By Kamalika GhoshThe UK’s least and most affordable cities out of 61 cities this year was revealed by Halifax, the country’s leading mortgage lender, analysed the average house prices and earning for a year ending June 2021. The report suggests some of .....