Royal Mail plc (OTCMKTS:ROYMY – Get Rating) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totalling 2,800 shares, a drop of 76.5% from the April 15th total of 11,900 shares. Based on an average trading volume of 6,000 …
Read More »Royal Mail (OTCMKTS:ROYMY) Hits New 1-Year Low at $8.49
Royal Mail plc (OTCMKTS:ROYMY – Get Rating)’s share price reached a new 52-week low on Wednesday . The company traded as low as $8.49 and last traded at $8.59, with a volume of 1036 shares. The stock had previously closed at $8.54. A number of research firms have weighed in …
Read More »London open: Stocks rise on Ukraine peace talk hopes
London stocks rose in early trade on Tuesday amid hopes of progress in Russia-Ukraine peace talks. At 0910 BST, the FTSE 100 was up 0.7% at 7,526.55. Russ Mould, investment director at AJ Bell, said: “Having tripped over on Monday afternoon amid concern about China lockdowns and the conflict in …
Read More »FTSE 100 movers: Home construction, Financial stocks pace gains
Home construction stocks were pacing gains on the stock market at the end of the week, benefitting from the tail-wind of the Bank of England’s policy meeting the day before, which saw rate-setters temper their outlook for interest rates. Berkeley Group Holdings, Barratt Developments and Taylor Wimpey were all near …
Read More »London midday: Stocks fall amid worries about Omicron, rate hikes
London stocks were still in the red by midday on Thursday as concerns about the new Omicron Covid variant and potential rate hikes weighed on investors’ minds. The FTSE 100 was down 0.7% at 7,119.72, having taken its opening cue from Wall Street, where stocks tumbled after the first US …
Read More »London open: Stocks edge up ahead of non-farm payrolls
London stocks rose in early trade on Friday after the US Senate approved a deal to raise the debt ceiling, but gains were unspectacular as investors eyed the release of the latest US non-farm payrolls report. At 0825 BST, the FTSE 100 was up 0.3% at 7,097.63. Richard Hunter, head …
Read More »Europe close: Stocks stage modest bounce ahead of quarter’s close
European shares put in a modest bounce on Wednesday, with both stocks and bonds finding a bid following the steep losses seen in the previous session. “Stocks are in rebound mode today after Tuesday’s drop, as some of the stagflation concerns ease and bargain hunters pile in,” said IG chief …
Read More »Tech rebound lifts European stocks, chipmakers jump
(Reuters) -European stocks rose on Wednesday after one of the worst market routs this year, with investors picking up beaten-down shares of technology sector, while chip equipment maker ASML gained on upbeat earnings forecast. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, …
Read More »Britain’s Reopening Is a Boon for Outperforming Small-Cap Funds
Pedestrians and shoppers walk along Regent Street in London, on April 12. Photographer: Jason Alden/Bloomberg Photographer: Jason Alden/Bloomberg As London’s shops and pub gardens reopen for the first weekend in three months, funds targeting smaller U.K. companies are among the best performers in Europe thanks to a rally in domestic …
Read More »FTSE latest: UK stocks hit record high as economic optimism sweeps markets
E conomic optimism swept London’s FTSE 250 index to a record high today as traders placed their bets on a faster-than-expected recovery for pandemic-hit stocks. The domestic-focused FTSE 250 — home to companies including Royal Mail, easyJet and ITV — surged as high as 22,177.49 as the benchmark exceeded the …
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