Sell in May, go away, and come back on St Leger’s Day. Everyone’s heard that old corny adage. Well, guess what, St Leger Stakes horse-race is just around the corner. Next Saturday, 15 September, to be precise. So, is this the best time to come back and trade? So, you’ve spent the warm months lying…
When the markets opened this morning and shares in restaurant and hotel conglomerate Whitbread jumped up 18%, there was plenty of disappointment from investors who missed out. But no need to despair, there are abundant tradable opportunities still in play. Let’s look at the facts. Unless you’ve were holding Whitbread shares before the UK Index opened,…
It’s an odd mix of companies at the top and bottom of the UK Index this week. Losses for Tobacco giants and Telecoms might suggest investors shunning defensives in favour of risk appetite. However, Banks are also languishing, while Miners and Utilities trade higher. What does this say about market sentiment? So it’s a rather…
UK Index is down 10pts in early morning trading after plumbing 4-month lows overnight as full-on risk off mood is dominating investor sentiment leading into the weekend. Global financial markets continue getting pummelled by the vagaries of Trump administration’s trade policies. White House has come out guns blazing on trade issues overnight, as Donald Trump…
Upstream Oil & Gas services company Hunting is leader of the this morning, its shares up a handsome 10.8% to trade their best since late June. This comes courtesy of a solid set of H1 financials, the company having benefited from strength in its key Titan/US businesses, especially from shale drilling and higher oil prices,…
Shares in Petrofac are trading higher this morning despite the oil engineering firm announcing a net loss of $17m in its latest half-year results. The reason for positive market reaction is simple: most of the loss can be attributed to exceptional impairment charges of $207m (90% non-cash) related to the sale of the JSD 6000…