(Sharecast News) – London stocks rose in early trading Monday as investors accepted reports of a possible four-week delay in the UK lockdown. At 0840 BST, the FTSE 100 rose 0.7% to 7,184.64, hitting a new post-pandemic high, although Prime Minister Boris Johnson was due to announce later in the day that the lockdown – which was originally due to end on June 21 – was announced later in the day – Postponed for up to a month.
Richard Hunter, Head of Markets at Interactive Investor, said: « In the UK, the market is expecting the likelihood of an extension of the current lockdown restrictions.
» Especially the hospitality inventory and travel has seen another downward trend, with the added complication of certain government assistance programs nearing an end. It is therefore likely that there will be a compromise along the way, as the government will likely play. « The cautious health card before letting go of the economy completely.
» Meanwhile, the economic recovery has been surprisingly robust. Unemployment and retail sales should both continue to improve this week, while inflation may well have ticked higher after some supply chain bottlenecks. «
Shell raved on corporate news after a report it made on the sale of its Texan Slate processing is considering.
Serco rebounded as the outsourcer raised its forecast for the year, boosted by strong demand for test and trace services, and announced it had won defense contracts potentially worth £ 3.4 billion. </ On the flip side, travel and leisure stocks retreated on reports of a delay in repeal the lockdown, with the British Airways parent IAG, the engine manufacturer Rolls-Royce, InterContinental Hotels, the Premier Inn owner Whitbread, the low-cost airlines easyJet and Wizz Air and the pub group Wetherspoons all in the red.
BT Group (BT.A) 195.40 P. 1.88% WPP (WPP) 1,013.00 P 1.77% Royal Dutch Shell ‘B’ (RDSB) 1,383.60 P 1.77% Royal Dutch Shell ‘A’ (RDSA) 1,445.00 P 1.73% Intermediate Capital Group (ICP.)) 2,328.00 P 1.70% Ocado Group (OCDO) 1,951.00 P 1.54% Halma (HLMA) 2,776.00 P 1, 50% Renishaw (RSW) 5,460.00 P 1.49% Pearson (PSON) 864.20 P 1.43% Just Eat Takeaway.Com NV (CDI) (JET) 6,578.00 p 1.34%
Polymetal International (POLY) 1,639.50p -1.83% International Consolidated Airlines Group SA (CDI) (IAG) 199.98p -1.58% Fresnillo (FRES) 847.20p -1.56% Rolls-Royce Holdings (RR. ) 110.96p -0.88% Informa (INF) 540.00p -0.59% CRH (CDI) (CRH) 3,693.00p -0.57% Royal Mail (RMG) 588.80p -0.24% InterContinental Hotels Group (IHG) 5,110.00p -0.20% Whitbread (WTB) 3,311.00p -0.12% Associated British Food (ABF) 2,355.00 pence -0.08%
Serco Group (SRP) 142.10p 4.72% ITV (ITV) 134, 05 P 3.12% Tullow Oil (TLW) 61.36 P 2.82 million Group (Holdings) (FDM) 1,028.00 P 2.80% Assura (AGR) 76.50 P 2.14% Oxford Instruments ( OXIG.)) 2,205.00 P 2.08% Future (FUTR) 3,012.00 P 2.03% Investec (INVP) 307.80 P 1.95% Aston Martin Lagonda Global Holdings (AML) 2,005.00 P 1, 78% Man Group (EMG) 188.05 P 1.73%
easyJet (EZJ) 940.20p -1.90% Hochschild Mining (HOC) 176.30p -1.78% PureTech Health (PRTC) 372 , 00p -1.33% Wetherspoon (JD) (JDW) 1,275.00p -1.01% FirstGroup (FGP) 81.40p -0.97% Ranking group (RNK) 176.60p -0.90% Hammerson (HMSO) 43.47p -0.80% Wizz Air Holdings (WIZZ) 4,754.00p -0.67% Restaurant Group (RTN) 128.20p -0.62% JTC (JTC) 644.00p -0.62%
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Plant Health Care, a leading supplier of novel patented biological products for the agricultural market, has been awarded the Green Economy Mark by the renowned London Stock Exchange
Alba Mineral Resources, the precious metals and mineral exploration and development company, has commenced its first 15-hole, 1,700-meter diamond drilling campaign at Amitsoq.
Since the indices are stretching higher and higher abroad, especially the S&P 500, the decline in liquidity from the spring of this year seems to have largely worked its way out of the system. It was caused by an IPO congestion and a notable stock freeze. However, « evergreen » games like Open Orphan and Wishbone Gold are holding onto the small-cap space.
SourceBio, a leading international provider of integrated state-of-the-art laboratory services and products, has provided shareholders with a brief trading update in highlighting capacity increases to take advantage of peak travel-related COVID testing revenue over the next few months.
(Sharecast News) – London stocks should rise on Monday as it opens, although Prime Minister Boris Johnson is expected to be in place will announce a four-week delay in the lifting of England’s lockdown.
Senior ministers have signed a decision lifting all coronavirus restrictions in England on the 21st, which means nightclubs will remain closed and people will be encouraged to continue where possible to work from home.
Zak Me is joined by the Sunday Roast regulars Kevin Ho rnsby and Phil Carroll. Her guests this week are Shishir and Puruvi Poddar from Tirupati Graphite (TGR) who are discussing their new graphene-aluminum composite that could be used as an alternative to copper.
(Sharecast News) – London stocks closed in positive territory on Friday as investors digested encouraging UK GDP data.
Check out today’s market movers including Sanne Group, Sigma Capital Group, Avacta Group, Hurricane Energy, and The Restaurant Group
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