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Finance

China Markets

China indexes made early losses but regained ground later. Some small-cap stocks fell by as much as 10% trading limit. Markets in Asia were generally down with the NIKKEI, Hong Kong Hang Seng and Australia’s ASX 200 all lower. This after the recent announcement of China’s GDP figures of 6.9%

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Finance

UK Inflation falls to 2.6% but still above Target

UK inflation rate has fallen back from 2.9% in May to 2.6% in June. Talk was of an expected increase to 3% What will this now mean for interest rates? I assume a rate rise is less likely, but in my opinion still needed and over due! Sterling fell back …

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Finance

LIBOR set to change?

Is LIBOR (London Interbank Offered Rate) – the system used to set interest rates at which banks borrow from each other about to change? The system has been open to abuse and manipulation as has been proved with more than six billion in fines issued to date and four jail …

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Finance

FTSE 250 Companies reporting this week

FTSE 250 Companies reporting this week… Wizz Air Holding PLC (WIZZ) – Q1 results due on: 19/07/17 Howden Joinery Group PLC (HWDN) – Q2 results due on: 20/07/17 IG Group Holdings PLC (IGG) – Q4 results due on: 18/07/17 Drax Group PLC (DRX) – Q2 results due on: 19/07/17 Acacia …

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Finance

FTSE 100 companies reporting this week

FTSE 100 companies reporting Q2 results this week… Unilever PLC (ULVR) – Q2 results due on: 20/07/17

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Finance

FTSE 250 Companies ex dividend this week

FTSE 250 Companies going ex dividend this week (17/07/17 to 21/07/17) Vedanta Resources PLC (VED) – Ex date: 20/07/17 – Record date: 21/07/17 Syncona Ltd (SYNC) – Ex date: 20/07/17 – Record date: 21/07/17 Tritax Big Box REIT PLC (BBOX) – Ex date: 20/07/17 – Record date: 21/07/17

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Finance

China Data

Data released by China today showed that the economy continued to grow by 6.9% between April and June. Stock markets in Asia had a muted reaction to the news and appeared to be focused on the meetings to establish more financial stability and increase control of the economy to reduce …

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Finance

HS2 Contract Lifts Carillion

Carillion PLC (CLLN) received a much needed boost today (17/07/17) with the announcement of a HS2 contract award reported to be worth £450 million. After a torrid week last week, which saw the share price fall by 70% – this contract award helped lift their share price today by 19% …

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Finance

Banks preparing for BREXIT

Banks are making contingency plans in preparation for BREXIT in order to maintain access to the EU market. Reported as follows:- Barclays is in talks to expand its presence in Dublin. Citigroup looking to move jobs in its trading section. Goldman Sachs considering to move staff from London to Frankfurt. …

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Finance

DOW Jones Sets New High

The Dow Jones Industrial Average set a new record high today stepping through 21600 with an intra-day high of 21682 to settle 21637 at close. Just how much higher can the DOW 30 go this year? Much of the record-breaking increase is attributed to Federal Reserve chair Janet Yellen’s comments …

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Markets
FTSE 100 companies going ex dividend this week

FTSE 100 companies going ex dividend this week on 28th September 2017… Worldpay Group PLC (WPG) Intertek Group PLC (ITRK) Smurfit Kappa Group PLC (SKG) Morrison (Wm) Supermarkets PLC Hargreaves Lansdown PLC  

Markets
Federal Reserve meeting update

Federal Reserve meeting update. The Federal Reserve on Wednesday (20/09/17) announced it will start reducing the size of its balance sheet. At something like $4.5 trillion it will now, after nine years finally start reducing the balance in October 2017 on a monthly basis. US interest rates were held at …

Markets
Dow Jones Industrial Average up again

Dow Jones Industrial Average up again I don’t know how many more times I will report on the rise of the Dow but it did it yet again yesterday (19/09/17). A new high was reached and at close the DJIA was: 22370 The outcome of the Federal Reserve’s policy meeting …

Markets
Record breakers

Record breakers. The record breaking highs just keep on coming as the Dow Jones Industrial Average yet again sets another record high on 18/09/17. The Dow Jones closed up at: 22331 The S&P 500 closed up at: 2503 The NASDAQ closed up at: 6454 For how much longer can these …

Markets
Dow Jones flying high again

Dow Jones flying high again New record high set by the Dow Jones Industrial Average. The DJIA closed up at: 22268 – yet another new record high!

Markets
FTSE 100 companies going ex dividend this week

FTSE 100 companies going ex dividend this week on Thursday 21st September 2017 Old Mutual PLC (OML) Taylor Wimpey PLC (TW.    

Markets
Sterling continues upward march

Sterling continues upward march. The pound bashed through $1.36 against the dollar on Friday (am 15/09/17) as the FTSE 100 falls back. Will it hold on to these gains?  

Investing
J D Wetherspoon reports

J D Wetherspoon reports. End of year accounts from J D Wetherspoon report sales and profits up! Profit before tax is reported at: £102.8 million (up from £80.60 million in 2016). Sales up by: 4% (like-for-like). Where else can you get such good value? J D Wetherspoon PLC (JDW) is …

Markets
Asian stock markets end the week subdued

Asian stock markets end the week subdued Investors appear to largely shrug off the latest provocation from North Korea as another missile is fired over Japan. Japan’s NIKKEI index closed up to end the week at: 19909 and South Korea’s KOSPI index closed up at: 2386. Hong Kong’s Hang Seng …