Tag Archives: Stocks

SYDNEY – Asian shares advanced to record highs on Monday and oil rose to a more than one year peak as successful coronavirus vaccine rollouts globally raise hopes of a rapid economic recovery amid new fiscal aid from Washington. MSCI’s broadest index of Asia-Pacific shares outside Japan jumped 0.4% to …

The U.K. chairman of accounting firm KPMG is resigning after he told staff in a meeting to stop complaining about the pandemic and said that there was “no such thing as unconscious bias.” In a video of the meeting published by the Daily Mail, Bill Michael can be seen telling …

The UK software space could be in for an exciting year for companies joining public markets, claim analysts. ‘We think 2021 could be one the biggest years for UK software IPOs for a very long time’, said Rob Warensjo, one of the analysts on the Megabuyte research team. ‘Not only by …

Bank buildings at Toronto’s financial district on Sept. 3, 2020. Fred Lum/The Globe and Mail Canada’s banking regulator will not yet consider lifting restrictions on banks’ dividends and share buybacks introduced at the start of the pandemic, even though the largest lenders continue to amass growing stockpiles of surplus capital. …

Wall Street stocks closed higher on Tuesday following a sharp sell-off in the previous session, driven by some stronger than expected manufacturing data. At the close, the Dow Jones Industrial Average was up 0.55% at 30,391.60, while the S&P 500 was 0.71% firmer at 3,726.86 and the Nasdaq Composite saw …

European markets slipped as the UK imposed its third national lockdown and Germany prepared to extend measures to stymie a surge of coronavirus cases. The pan-European Stoxx 600 was down 0.19% to 400.94, although London’s FTSE 100 was up 0.61% at 6,612.25. France’s CAC 40 slipped 0.44% to 5,564.60, and …

Analysts at Morgan Stanley downgraded their view on several UK office stocks in response to expected increases in supply and the structural uncertainties that were still present. The direction for the office subsector was clouded by a mix of cyclical and structural factors alongside a wide range of financial and …

London stocks rose in early trade on Tuesday despite the imposition of a third national lockdown in England, as investors eyed a statement from Chancellor Rishi Sunak on a fresh business support package. At 0840 GMT, the FTSE 100 was up 0.6% at 6,609.84, faring well considering England was set …

London stocks were set to fall at the open on Friday as investors continue to eye Brexit talks. The FTSE 100 was called to open 26 points lower at 6,525. CMC Markets analyst Michael Hewson said: “Asia markets have finished the week slightly on the back foot, after the Bank …

T he FTSE 100 was set to pause today after Monday’s surge which saw UK stocks leap 1.7% as travel, transport and leisure shares rallied. A flurry of global takeover deals added to the excitement that went through global markets after US biotech firm Moderna announced its coronavirus vaccine trial …