Aviva (AV.L) 04-11-19
Will Aviva (AV.L) break the key resistance level, or will it drop back to the 354p support once more? (-16%)?
- Now trading near the 432p resistance at 422.7p (at time of writing).
- Will the shares fall again to recent support of 354p? (-16%).
- This could be appealing to short sellers.
- Shares -3% from 12-month highs; +20% from 12 month lows.
30 Apr: Aviva, the insurer, announced that it will offer goodwill payments to owners of preference shares held them between 8th and 22nd March.
23 Mar: Aviva dropped plans to cancel preference shares after criticism from investors.
08 Mar: Aviva, the insurer, posted operating profit 2% higher to £3.07bn in 2017, from £3.01b in 2016. The performance underpins an 18% rise in dividends. Dividends per share rose to 27.4p from 23.3p, 18% higher.
13 Feb: Aviva stated that its joint venture with Tencent Holdings and Hillhouse Capital had received approval from the Hong Kong Insurance Authority. The joint venture’s aim is to develop a digital insurance offering.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires