When any shares drop 15% it suggests bad news. And this is very much the case for media giant WPP today. It may not be quite the media giant it once was, but its £13bn market cap remains very respectable. And share price slumps offer opportunities to capitalise on investor fear and panic while shares…
After a painful bruising the UK Index received the previous week, we have mostly seen sideways movement on the benchmark index since Monday. The index has been trading in a fairly tight 6960-7098 range, though London’s blue-chips are off their worst October levels. As the week comes to a close, traders are looking for a…
He’s making a list and checking it twice; Gonna find out who’s naughty and nice. Now, I may not be Santa Claus, but I do tend to make lists (both mental and physical) to organise my work as an analyst. And being prepared for next week’s peak Q3 corporate reporting season can make the difference…
It’s the most wonderful time of the year. That’s right, major UK banks are back to report quarterly results next week and here’s the full lay-down. And before you focus on just the usual quartet of Barlcays, Lloyds, RBS and HSBC, don’t forget to pay close attention to their smaller, pluckier competitors, including Standard Chartered,…
After another 280 point weekly fall, the UK 100 now sits around 500 points from its September rebound peak. In fact, we are almost 800 points away from Summer highs and only 18 out of 100 UK Index contributors are positive for the week. Higher gold prices have obviously helped the safe-haven metals Miners (Randgold, Fresnillo, etc), but,…
Global equities got a shake up this week (overdue?) on concerns about rising bond yields, higher interest rates, slower growth and trade wars. This ushered US equities from their highs and dragged peer indices down with them. However not all UK shares had a tough week. In fact, some of the high beta names –…