Stock market
Join the space race: Stocks you may consider for investment
July 22, 2021 08:05 AM BST| By Kamalika GhoshAverage people may not be able to fly off to space yet, but the space sector stocks could go to the moon. The space industry has been witnessing an influx of investments. The month July particularly turned out to be a very eventful month. On 11 Jul.....
Needle on 3 FTSE listed Supermarkets amid fall in online sales
July 21, 2021 03:20 PM BST| By Kamalika GhoshSummary Online grocery sales saw a decline of 2.6% in the four weeks leading to 11 July. Reopening of the hospitality sector and consumer spending on non-essential items were the major reasons for the dip in online grocery sales. .....
5 trending stocks on FTSE: Nvidia, Rolls Royce, Scottish Mortgage, Lloyds Banking, and IAG
July 21, 2021 02:17 PM BST| By Suhita PoddarSummary Bank of England forecasts inflation to be above its earlier expectations as a result of the temporary pent-up demand. Recently, Palo Alto Networks collaborated with NVIDIA to use its BlueField data processing unit for the development of.....
10 most shorted stocks on FTSE
July 21, 2021 10:14 AM BST| By Suhita PoddarSummary Short selling is a high risk/ reward trading strategy that is gaining popularity with new investors. Short seller aims to profit from a drop in share price by selling the shares in open market. Short selling as a trading .....
5 FTSE travel stocks reeling under pressure with the rise in Covid cases
July 20, 2021 03:26 PM BST| By Kamalika GhoshSummary Global indices were down on concerns regarding the resurgence of Covid-19, high inflation, and high commodity prices. Stocks like Carnival, TUI, among others, are trading at discount despite the UK removing all restrictions. EasyJe.....
AstraZeneca’s (LON: AZN) shares and the latest buzz around
July 20, 2021 11:47 AM BST| By Suhita PoddarAstraZeneca (LON: AZN), the pharmaceutical major, which has been news for last some time due to its Covid-19 vaccine, is once again creating buzz after receiving approval in China for its small cell lung cancer drug Imfinzi. Shares of t.....
EasyJet’s (LON: EZJ) shares tumble 6.62% on Covid-19 woes
July 20, 2021 08:07 AM BST| By Kamalika GhoshSummary EasyJet’s share price fell 6.62 per cent on 19 July as pandemic fears rattled the UK stock market. The shares are trading 29.68% lower than the 52-week high reached on 7 May 2021. For the six months ending 31 March 2021, co.....
5 FTSE stocks that can help you beat surging inflation
July 20, 2021 07:43 AM BST| By Kamalika GhoshSummary UK’s inflation rate hit 2.5 per cent in June, the highest in almost three years. Economists and experts have expressed concerns that we might be entering into a period of elevated inflation. Stocks like Rio Tinto, Segro Plc.....
Have you taken a look at these 5 skyrocketing housing stocks?
July 20, 2021 06:55 AM BST| By Suhita PoddarThe housing market in the UK has witnessed a boom recently despite the ongoing pandemic due to covid-19 induced changes in work and lifestyle patterns such as seeking properties which have wider open spaces, low interest rates, and stamp duty holid.....
What are the top 10 small cap stocks in the UK?
July 19, 2021 03:16 PM BST| By Suhita PoddarSummary Small cap stocks are below large cap and mid cap stocks and have a market capitalisation of less than US $2 billion. Sometimes the share prices of small cap companies may have high market capitalization than the given range. .....
Poolbeg Pharma IPO: Open Orphan spin out raises £25 million on floatation
July 19, 2021 12:07 PM BST| By Suhita PoddarSummary Poolbeg Pharma, a spin out of the Open Orphan, raised £25 million in its initial public offering. The company intends to use the funds for clinical trials in the drug development of severe influenza and other diseases. Pool.....
Why are these 5 FTSE housebuilding stocks trending lower today
July 19, 2021 11:22 AM BST| By Kamalika GhoshSummary The housing price in the UK rose by 0.7% in the month of July, which is the fourth consecutive month of the property price increase. Stocks of Barratt Developments Plc, Countryside Properties, Bellway, Vistry Group, Berkeley Group are t.....
Focus on 3 FTSE retailers as self-isolation rules cause severe staff shortages
July 19, 2021 09:57 AM BST| By Suhita PoddarSummary UK retail firm Marks and Spencer and industry body Confederation of British Industry joined a growing list of firms calling for immediate change in the UK’s self-isolation policy. Retailers are facing major staff shortages d.....
How 5 FTSE AIM oil stocks reacted to OPEC’s deal to control prices
July 19, 2021 09:33 AM BST| By Kamalika GhoshSummary To ease global economic pressure by slashing oil prices, oil producing countries will up their output. It was agreed at a meeting of the OPEC that monthly production would be increased by 400,000 barrels each day. Brent crude oil.....
Famous five of business this week (July 12-16)
July 17, 2021 12:09 AM BST| By Suhita Poddar1. Admiral Group Plc (LON: ADM) The motor insurance company anticipates higher than expected profits in the first half of 2021. The company’s pretax profits could be in the range of £450 to £500 millio...
Weekly roundup of FTSE 100 risers and fallers (July 12-16)
July 17, 2021 12:02 AM BST| By Kamalika GhoshFTSE 100 closed in negative territory in the week ended 16 July. Here we are giving the roundup of gainers and losers of every day during the passing week. 12 July 2021 Top riser: Admiral Group Plc (LON: ADM): Motor Insurance company’s st...
5 FTSE shares in news - Cineworld, Rolls Royce, Avast, IAG and Scottish Mortgage
July 16, 2021 03:32 PM BST| By Suhita PoddarSummary UK’s economy is expected to grow in the near term due to the complete lifting of COVID-19 related restrictions and rising vaccination rates. All eyes are now on the last quarter of the year as government plans to end support initi.....
Spotlight on 3 FTSE AIM-listed renewable energy firms
July 16, 2021 11:47 AM BST| By Suhita PoddarSummary Energy major Royal Dutch Shell PLC announced a partnership with Scotland-based energy company ScottishPower to bid for offshore windfarm development in Scotland. Italy’s oil major Eni was among some of the other firms which were k.....
What is considered a micro-cap stock?
July 16, 2021 09:52 AM BST| By Suhita PoddarSummary Microcap stocks are considered as equities that normally have a market cap in the range of £50 million to £300 million. Higher risks and more liquidity problems are associated with microcaps when compared with their large-ca.....
Johnson & Johnson recalls 5 sunscreens. Did you know these 4 FTSE companies have also recalled products?
July 16, 2021 09:41 AM BST| By Kamalika GhoshSummary Sunscreen products by Johnson & Johnson were recalled by Walmart, CVS Health, and Walgreens Boots Alliance. J&J announced that some samples of the product had cancer-causing chemicals. UK supermarkets like Tesco, Sainsbur.....