27 November 2015 This week I had the same conversation with several clients. Asked whether the UK Index could get back to 6400, each time I answered that ‘yes it could’. Of course it could, it’s binary (it might, it might not), however, this was enough to satisfy the many clients who wanted to buy…
Last year we saw the UK Index house builders have a good few days following George Osborne’s autumn statement in which stamp duty reforms were announced to the benefit of those with less than a million pounds to spend. With the tax again part of this year’s statement, UK 100 house builders were again in…
A more red than black Friday Proactive Investors – 27 Nov http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/23725/a-more-red-than-black-friday-23725.html Asia: Equities end week in the red as Chinese markets plunge Digital Look – 27 Nov http://www.digitallook.com/news/market-report-asia/asia-equities-end-week-in-the-red-as-chinese-markets-plunge–945137.html Chinese stock market slump rocks UK-listed trusts and miners Telegraph – 27 Nov http://www.telegraph.co.uk/finance/markets/UK Index 100/12020483/Chinese-stock-market-slump-rocks-UK-listed-trusts-and-miners.html UK Index Pressured; GDP Suggests BOE Will be in…
Last year we saw the UK Index house builders have a good few days following George’s autumn statement in which stamp duty reforms were announced, and stamp duty was again part of this year’s statement. House building stocks were all well in the blue before the Osborne took the stage but quickly retraced half their gains…
25 November 2015 With terrorism and geopolitical related fears having hampered travel sector sentiment of late, investors are welcoming a strong bounce by Thomas Cook (TCG) shares this morning. This comes from a return to full-year profit after a half decade of losses, management’s upbeat observations on current…
23 November 2015 Investors in Gambling group Playtech (PTEC) are folding this morning after the company announced that FCA regulatory concerns have put the kibosh on its June £460m acquisition of troubled CFD-broker Plus500 (PLUS). The deal was designed to provide a life-line for broker and expand PTEC’s online capabilities, however, it is…