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Tag Archives: Royal Mail PLC

Short sellers bet against UK retail stocks

Cineworld Group, the world’s second-largest cinema chain, was the most shorted UK listed company. Some 8.2% of its stock was held short by five investment firms, with New Holland Capital LLC holding the largest short position with 2.42% of the company’s shares. ASOS PLC, Dixons Carphone PLC and BOOHOO.com were …

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U.K. stocks continue winning streak, climb for second day

U.K. stocks finished up Monday, with the FTSE 100 Index UKX, +1.67% rising 1.67% at 7,513.44. Among FTSE 100 constituents, air freight company Royal Mail PLC RMG, +5.26% saw the largest increase Monday, as shares rallied 5.26%. Shares of investment advisors firm M&G PLC MNG, +4.79% and investment advisors company …

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Should you hold the stock?

UK-based global postal service and courier firm Royal Mail plc (LON: RMG) has been in the spotlight recently due to its services being affected by Covid-related staff shortages. The company has been apologising for the delivery issues, but people are highly frustrated. 2022 Kalkine Media® Delivery delays due to Covid …

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U.K. stocks weaken for first time in two days

U.K. stocks decreased Thursday, as the FTSE 100 Index UKX, +0.24% finished down 0.83% at 7,515.68. Among FTSE 100 constituents, air freight company Royal Mail PLC RMG, +0.64% saw the largest decline Thursday, as shares fell 4.78% Shares of advertising/marketing/public relations firm WPP PLC WPP, +0.70% and food products company …

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U.K. stocks extend winning streak for second day

U.K. stocks finished up Thursday, with the FTSE 100 Index UKX, -0.01% rising 1.25% at 7,383.11. Among FTSE 100 constituents, gambling industries company Entain PLC ENT, +3.00% saw the largest increase Thursday, as shares rallied 4.36%. Shares of precious metals firm Fresnillo PLC FRES, +1.01% and containers/packaging company Smurfit Kappa …

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European markets react as U.S. sees rate induced sell-off

LONDON — European stocks advanced on Wednesday, looking to shrug off market nerves after a rate-induced sell-off in the U.S. in the previous session. The pan-European Stoxx 600 climbed 0.8% in early trade, with retail stocks adding 1.2% to lead gains while oil and gas stocks dropped 0.8%. Europe investors …

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U.S. election results being watched closely

LONDON — European stocks advanced on Wednesday as investors around the world keep watch on the results of the U.S. election. Following a turbulent open, the pan-European Stoxx 600 was up by around 0.6% by late morning, with healthcare stocks jumping 3% while banks shed 1.8%. The results of the …

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