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3 Penny Stocks gain over 20% as FTSE 100 holds Rally?
March 02, 2021 09:27 PM AEDT| By Team Kalkine MediaLondon equities witnessed market-wide gain on Monday, 1 March, with the headline FTSE 100 index trading firm after rallying more than 1 percent in the morning deals as global bond markets stabilized after a shaky slump on Friday. The benchmark FTSE 1...
Did the UK Markets’ rise after the US House passed the Covid-19 stimulus package? UK Market Updates
March 02, 2021 04:29 PM AEDT| By Team Kalkine MediaUK Market News: The London markets traded in the green zone due to positive investor confidence regarding the US stimulus package and vaccine-led economic recovery. FTSE 100 traded higher by around 1.39%, primarily driven by homebuilders and mining s...
UK Budget 2021:What will it include?
March 02, 2021 02:55 PM AEDT| By Team Kalkine MediaThis year’s UK Budget to be announced on 3 March is expected to be a recovery plan for the sectors battered due to the coronavirus-led uncertainties. Much of the economy remains paralyzed by a coronavirus. In 2020, the GDP shrank b...
How the UK Markets’ performed after rising bond yields? | UK Market Update
March 01, 2021 05:34 PM AEDT| By Team Kalkine MediaUK Market News: The London markets traded in a red zone due to bond market selloff. FTSE 100 traded lower by around 1.60%, as rising bond yields increased the fears of higher interest rates. Britain’s Pets at Home had raised the annual underly...
How the UK markets’ performed amid stamp duty extension reports? | UK Market Update
February 26, 2021 06:54 PM AEDT| By Team Kalkine MediaThe London markets traded on a mixed note after the sterling pound continued its rally against the US dollar and the Euro. FTSE 100 traded marginally lower by around 0.14% due to continuing inflation fears and stronger pound hitting exporters. Briti...
Is Rishi Sunak going to extend the stamp duty holiday until the end of June 2021?
February 26, 2021 02:38 PM AEDT| By Team Kalkine MediaBritish Finance Minister Rishi Sunak is prepared to extend the stamp duty holiday by three months till June 2021 end. This extension would bolster housing activity in the real estate industry as Prime Minister Boris Johnson had unveiled the plan of l...
How the UK markets’ performed amid stamp duty extension reports?
February 25, 2021 05:24 PM AEDT| By Team Kalkine MediaUK Market News: The London markets traded on a mixed note after the sterling pound continued its rally against the US dollar and the Euro. FTSE 100 traded marginally lower by around 0.14% due to continuing inflation fears and stronger pound hitting e...
How British equities performed after an increase in the unemployment rate to 5.1%? | UK Market Update
February 24, 2021 04:34 PM AEDT| By Team Kalkine MediaThe London markets traded on a mixed note after Prime Minister Boris Johnson unveiled a plan to lift Covid-19 related restrictions. FTSE 100 traded marginally higher by around 0.20% despite weak investor sentiments regarding a sharp rise in the unemp...
How British Airways Is Planning to Overcome Its Liquidity Issues?
February 23, 2021 09:18 PM AEDT| By Team Kalkine MediaBritish Airways received two financial assistance of £2.45 billion in a bid to survive the coronavirus slump. British Airways owner, the International Consolidated Airlines (LON: IAG), received a £2-billion loan from the UK Export Develop...
Did FTSE 100 trade lower due to fears of higher inflation?
February 23, 2021 04:02 PM AEDT| By Team Kalkine MediaUK Market News: The London markets traded in the red zone as investors were waiting for further information regarding the government’s plan for the phased easing of business restrictions. FTSE 100 traded lower by around 0.40% amid investors&rsq...
Did UK retail sales plunge during January amid lockdowns?
February 23, 2021 02:20 PM AEDT| By Team Kalkine MediaBritish Retail sales had dropped in January 2021 as non-essential shops remain closed during the period. The retail sales volume went down by 8.2% month-on-month basis during January 2021 as compared to an increase of 0.4% shown during December 2020....
What is buzzing about these three LSE companies?
February 22, 2021 09:12 PM AEDT| By Team Kalkine MediaLet us take a quick look at the recent developments announced for NatWest Group PLC (LON: NWG), Segro PLC (LON: SGRO), and Centrica PLC (LON: CNA). * NatWest Group PLC – The Company announced its results for FY20 ended 31 December 2020 on 19 F...
How London markets’ performed after the sterling reached near its three-year high? UK Market Update
February 22, 2021 03:56 PM AEDT| By Team Kalkine MediaThe London markets traded in the green zone after sterling touched its nearly three-year high. FTSE 100 traded higher by around 0.30% pumped up by NatWest Group results, partially offset the disappointing retail sales data. The Office for National St...
Did Barclays results push FTSE 100 lower? | UK Market Updates
February 19, 2021 03:59 PM AEDT| By Team Kalkine MediaThe London markets traded in the red zone as investors were waiting for fresh catalysts. FTSE 100 traded lower by around 1.15% after the results from Barclays pushed banking stocks lower. As measured by Bank of England CHAPS payment data, the debit a...
Is UK inflation marching towards BOE’s 2.0% target?
February 19, 2021 02:44 PM AEDT| By Team Kalkine MediaUK inflation moved upwards primarily driven by higher food prices and lower discounts on household goods. According to the Office for National Statistics, the Consumer Price Index (CPI) had increased to 0.7% during January 2021 as compared to an incr...
Did UK inflation jump push British equities lower? | UK Market Update
February 18, 2021 07:48 PM AEDT| By Team Kalkine MediaThe London markets traded in the red zone due to more than expected rise in UK inflation data. FTSE 100 traded lower by around 0.30% as inflation picked up during January 2021. Mining Group Rio Tinto shares went up by around 1.79% after it had repor...
How The UK Government Is planning to build a robust EV Charging Infra ?
February 18, 2021 07:46 PM AEDT| By Team Kalkine MediaThe British government has been asking the automakers to phase out the production of petrol and diesel vehicles by 2030. But a major turn-off for motor enthusiasts while transitioning to electric vehicles from conventional vehicles is the lack of cha...
How soon will hydrogen enter the domestic sphere for the UK?
February 18, 2021 03:09 PM AEDT| By Team Kalkine MediaTo combat increasingly cold winters of the northern hemisphere. The UK is rolling out the Hy4Heat program infusing 250 thousand pounds in funding into the venture. Here conventional heating and cooking appliances usually fuelled by incinerating coal...
Could there be a virgin IPO for Virgin Wines?
February 17, 2021 06:55 PM AEDT| By Team Kalkine MediaLike many retailers who found their e-commerce divisions push earnings for the 2nd half of FY20, Sir Richard Branson’s Virgin Group’s, Virgin Wines has it’s sights on London’s junior stock market. Having a market cap valuation...
Why UK equities traded on a flat note today?
February 17, 2021 05:50 PM AEDT| By Team Kalkine MediaThe London markets traded on a mixed note, boosted by the vaccine hopes and the earning results. FTSE 100 traded marginally lower by around 0.10% and reached its highest point in over a month, fuelled by rising commodity prices. Avacta Group shares...
AI on the Rise: A Look at Top AI Companies and Their Stocks