Market Analysis || 3-4-2020
The UK 100 was able to stage some form of recovery this week on the back of positive sentiment in the market which arose from expectations that the various stimulus packages from the Bank of England...
View ArticleTrader’s Corner || Stocking Shelves Takes its Toll, Emergency Firm’s Powerful...
Supermarket giant Tesco saw a share price slump of four per cent after its results revealed that the coronavirus situation has taken its toll on costs. In its full year results, Tesco showed underlying...
View ArticleCompany Focus || Happy Ending or More Horror for Cineworld? || 9-4-20
Cineworld could have pulled the curtains on its recent horror show, after announcing a survival plan which has seen its shares soar by 40 per cent. The group, which runs 102 cinemas in the UK and...
View ArticleBest Foot Forward for Fashion Firms? || 9-4-20
Fashion favourite, ASOS, saw a share price surge of over 28 per cent after it announced it had raised £247m from shareholders to see it through the current crisis. The online retailer has been...
View ArticleMarket Analysis || 9-4-20
The UK 100 was able to stage some form of recovery this week on the back of generalized positive sentiment in global stock markets. The only bleep for the week occurred on Tuesday when news of UK PM’s...
View ArticleTrader’s Corner || Exterminating damage for pest control firm; Switch on...
Pest control specialist Rentokil saw its shares bounce back five per cent this week after it reported a rise in group revenue and revealed a raft of cost saving measures. In its first quarter results,...
View ArticleCompany Focus || Wheels still turning for coach company || 17-4-20
The wheels are still turning for coach operator National Express, which saw a surge in its share price despite its operations mainly stalling. National Express issued an update on its state of play...
View ArticleHospitality hit hard by coronavirus || 17-4-2020
The hospitality industry has taken a big hit as pubs and restaurants have been forced to close for weeks, with no immediate end to lockdown in sight. Mitchells & Butler, which owns Harvester and...
View ArticleMarket Analysis || 17-4-2020
After a lackluster to the week which was a day short due to the Easter weekend holiday, the UK 100 was able to stage further recovery on Thursday, as signs that the US would soon reopen for business...
View ArticleTrader’s Corner || House-builder off the blocks; Fashion favourite dressed...
Housebuilder, Taylor Wimpey’s share price built up again, rising almost twelve per cent after it announced it would re-open all its sites in May. The new-build specialist revealed that it planned to...
View ArticleFevertree: Flat or fizzing for drinks brands? || 24-4-20
Premium mixer firm Fevertree’s shares jumped 13 per cent this week as it revealed that lockdown drinking has been just the tonic for its sales. The group revealed that the in-store arm of its business...
View ArticleCompany Focus || Sale rail for bargain fashion brand? || 24-4-20
Primark owner, Associated British Foods, saw its share price reduced by as much as six per cent this week, as coronavirus continued to hit its budget fashion brand hard. Shares in AB Foods are now...
View ArticleMarket Analysis || 24-4-20
The UK 100 is slightly lower this week, after the sudden collapse of crude oil prices on the WTI benchmark pressurised stock markets around the world and brought on severe risk aversion. However, the...
View ArticleTrader’s Corner || Pub chain in good spirits; Dettol maker cleans up || 1-5-20
Budget pub chain, JD Wetherspoons revealed it expects to be pouring pints again by the end of June, and that it has raised £141m to boost its liquidity. Share prices were up by nine per cent at one...
View ArticleCompany Focus || Stock reduction for supermarket giant || 1-5-20
Supermarket stalwart Sainsbury’s saw its stock hit the reduced section this week after unveiling desultory results and a warning of a possible £500m hit on profits. Shares in the supermarket giant fell...
View ArticleHigh street retailers hanging by a thread? || 1-5-20
High street stalwart Marks and Spencer has relaxed covenants with its lenders until 2021, as it revealed that coronavirus is having a severe impact on its Clothing & Home business. The retailer...
View ArticleTrader’s Corner || Fresh kicks for teen favourite; pedal power propels...
Fashion favourite JD Sports was kicked by the Competition and Markets Authority, which blocked its £90m takeover of competitor Foot Asylum, this week. Shares in the sports retailer fell 1.4 per cent...
View ArticleCompany Focus || Has pandemic turned sugar shares sour? || 7-5-2020
Share prices turned sour for sugar manufacturer Tate & Lyle, falling 3.7 per cent at one point this week, after it revealed its latest trading update. It disclosed that while sales for its at-home...
View ArticleBig switch off for entertainment giants? || 7-5-2020
Broadcasting giant ITV saw its share price fall almost two per cent as it reported a seven per cent drop in external first quarter revenues. The broadcaster recorded a two per cent rise in advertising...
View ArticleMarket Analysis || 7-5-2020
The UK 100 started the week on a shaky note after US President Donald Trump talked up rhetoric on possible sanctions on China the previous Friday over their handling of the COVID-19 outbreak. The US...
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