Exciting news out of Vienna for energy equities, with announcements from OPEC sending Brent crude over $75/barrel. Naturally, traders are rushing to grab a bit of BP and Shell, but they aren’t the only shares benefiting. We’ve discovered several other energy names with exciting potential. Now, don’t get me wrong, no self-respecting energy investor should…
Market activity on the UK 100 continued to be dominated by coronavirus The selloff on the UK 100 continued this week after last week’s bloodbath. The week started where it ended the previous week, with more cases of the novel coronavirus (nCOVID-19) being reported around the world. Wednesday saw some reprieve for the global…
Broadcasting giant, ITV, saw its shares fall over 11 per cent this week, to 99.52p, as it lost major advertisers due to the coronavirus outbreak. Travel companies have cancelled upcoming ad campaigns and coupled with a four per cent fall in viewing figures, it’s been a bleak week for the broadcaster. ITV revealed its annual…
Outsourcing giant, Capita, lost more than a third from its share value this week after posting a new profit warning. Shares plunged 38 per cent, to less than 77p, taking the stock to its lowest price this century. Lowering the firm’s 2020 cash flow target to £160 million from the previous £200 million guidance, CEO…
Insurance giant, Aviva, was one of the UK 100 ’s gains this week, seeing its stock rise almost four per cent after reporting operating profits of £3.2 billion. Before the results, Aviva had seen a week-long slump to its share price thanks to widespread flooding and coronavirus fears. The results looked solid all round with…
The UK 100 has had a pretty lackluster week, filled with mostly choppy price action which has left it little changed from where it ended last week. However, the UK 100 is still modestly up for the week, trading at 7426.5 as at the time of filing this analysis report. Price action on the…