Stocks in companies that would have been dented by a Labour party win surged on Friday in the wake of prime minister Boris Johnson’s emphatic election victory. While the FTSE 100 (^FTSE) made only modest gains, shares in UK banks, rail firms, the utilities sector, and the construction industry rose …
Read More »Shares of Corbyn’s Nationalization Targets Soar After He Quits
(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Shares of companies targeted by Jeremy Corbyn for nationalization surged as the Labour leader said he would stand down after a heavy defeat to Boris Johnson’s Conservatives at the U.K. general …
Read More »General Election 2019: Market surge sees FTSE 250 hit record high – but can it last?
Stock markets reacted positively to the news that the Conservatives had won a clear majority in the general election with the FTSE 250 index racking up sharp gains. The FTSE 250, which includes more UK-focused shares, leapt more than 4 per cent in early trading in London, touching an all-time …
Read More »UK equity markets go crazy in wake of decisive Tory victory at the polls, FTSE 250 jumps 4%, 13 Dec 2019 09:04
UK equity rallied strongly in early trade on Friday as investors welcome the removal of several key risks that have been hanging over the stock market, sparking the pound to post its biggest gain against the dollar in two and a half years, with £1 worth $1.34. The market now …
Read More »Royal Mail (LON:RMG) Stock Rating Reaffirmed by Deutsche Bank
Deutsche Bank restated their sell rating on shares of Royal Mail (LON:RMG) in a research report released on Friday, December 6th, ThisIsMoney.Co.Uk reports. RMG has been the subject of several other research reports. JPMorgan Chase & Co. decreased their price objective on Royal Mail from GBX 192 ($2.53) to GBX …
Read More »Global Courier Services Market Competitive Intelligence Insights 2019 – 2023 : UPS, FedEx, Royal Mail, DHL, China Post, Japan Post Group
The research report on Global Courier Services Market delivers major statistics of the global market and provides a comprehensive analysis of the several factors such as regions, manufacturers, types, market size, and market aspects contributing to the Global Courier Services Market growth. The Courier Services market report includes diverse illustrative methods of …
Read More »Watch These Stocks After Boris Johnson Secures a Big Majority
(Bloomberg) — U.K. domestic stocks are likely to surge on Friday after an election that handed a clear majority and mandate on Brexit to the Conservative Party, lifting years of uncertainty that has hung over the stocks since the country first voted to leave the European Union. It is a …
Read More »Royal Mail PLC (LON:RMG) Receives Consensus Rating of “Hold” from Brokerages
Shares of Royal Mail PLC (LON:RMG) have received a consensus recommendation of “Hold” from the fourteen brokerages that are covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating …
Read More »The postal worker delivering Christmas mail on the most remote and breathtaking route in Wales
A postal worker is gearing up to deliver Christmas cheer on one of Wales’ most remote postal routes. Farmer’s daughter Ali Garbutt has worked for the Royal Mail for 11 years, and has served the Abergynolwyn route, in Gwynedd, for five of those. Regarded as a lynch pin of the …
Read More »Sterling soars as exit poll predicts huge Tory majority : CityAM
Sterling skyrocketed nearly two per cent as the exit poll predicted a huge Tory majority of 86 seats, the largest for the Conservatives since the days of Margaret Thatcher. The pound briefly hit as high as $1.35, reaching a level last seen in May 2018, which put the currency on …
Read More »