Should you really sell in May and go away – What is the truth of the old stock market saying? May 30, 2019 There are many phrases used to try to capture trends or patterns that supposedly appear in the movement of share prices over the years. For example, the concept of a “Santa Rally” suggests that stock prices increase in the run up to Christmas. Yet one of the oldest such phrases is “sell in May and [...]
Your road map to the Isa universe: Make the most of your tax-free allowance March 10, 2020 There are just 27 days to go before the tax year ends on 5 April. For savers and investors, that means there are only a few weeks left to make use of their Individual Savings Account (Isa) allowance. Introduced in 1999, Isas allow people to invest up to £20,000 into savings each tax year, and [...]
Rolls-Royce turbulence finally nearing an end February 28, 2019 On the the face of it, aircraft engine manufacturer Rolls-Royce looks to be stuck on the runway. Shares fell 2.5 per cent yesterday as it reported £2.9bn total losses in 2018. These were largely down to long-running mechanical problems which have grounded one of British Airways’ new Boeing 787 Dreamliner jets at Heathrow airport for [...]
Sterling and stocks steady after plunging in the wake of Theresa May’s Brexit deal November 16, 2018 Sterling held steady during Friday's early trading after a day of turmoil on Thursday, which saw several ministerial resignations in the wake of Theresa May's draft Brexit deal. The pound rose by 0.3 per cent to above the $1.28 mark, having plummeted by its biggest margin for two years, yesterday. The FTSE 100 and FTSE 250 [...]
Sterling climbs as markets welcome parliament’s vote on possible Brexit delay February 27, 2019 Sterling soared against the euro and dollar today as markets welcomed the possibility that Brexit could be delayed. The pound rose 0.5 per cent to an eight-month high against the dollar of $1.331. Read more: Tory MP leaves government after Brexit amendment to protect EU citizens It did even better against the euro, bubbling up [...]
Morrisons fails to convince despite Ocado deal May 16, 2019 By Graeme Evans from interactive investor. It talks the talk, and a 6 per cent dividend yield is attractive, but can this £50 billion grocer walk the walk? Morrisons (LSE:MRW) offered more evidence of its "ever-improving shape" after a robust trading update and intriguing deal to re-write its online partnership with Ocado. While the supermarket's shares [...]
The Week Ahead: Brexit, ECB rates, Rolls Royce, Ocado and Airbnb IPO December 7, 2020 City A.M. takes a look ahead at the main events shaping the markets this coming week, analysing what is to come with City insider Michael Hewson, chief market analyst at CMC Markets UK. Monday: Ted Baker When Ted Baker announced in June it was looking to raise over £100m at a discounted price of 75p [...]
Ashmore assets under management near $100bn after strong inflows January 15, 2020 Positive investor sentiment towards emerging markets has helped boost specialist asset manager Ashmore close to the $100bn (£77bn) assets under management (AUM) milestone. In an update to the stock exchange today, Ashmore reported a 7.1 per cent increase in AUM, which jumped $6.5bn in the three months to 31 December to $98.4bn. Read more: Provident [...]
Unilever shareholder threatens to vote down Dutch headquarter move September 17, 2018 Unilever's plan to move its headquarters from London to the Netherlands and be removed from the FTSE 100 was sharply criticised by a top shareholder today. Top 20 investor Aviva, which holds around a 0.6 per cent stake in the company, said it would vote against the move, which requires 75 per cent of shareholders to be passed. Read more: [...]
Unilever shareholder threatens to vote down Dutch headquarter move September 17, 2018 Unilever's plan to move its headquarters from London to the Netherlands and be removed from the FTSE 100 was sharply criticised by a top shareholder today. Top 20 investor Aviva, which holds around a 0.6 per cent stake in the company, said it would vote against the move, which requires 75 per cent of shareholders to be passed. Read more: [...]