Marks & Spencer (MKS) shares are the surprise and lone absolute outperformer on the FTE this morning despite a poor Q3/Christmas update, with a shocker for General merchandise sales -5% due to unseasonal weather and intense price competition hurting footfall as peers have reported. Shares benefiting from a handful of drivers including raised profits guidance to…
Shares in Next (NXT) are suffering from Q4’s mild weather with the retailer revealing in-store Christmas sales -0.5% as shoppers held off from splashing out on higher priced winter garments such as coats, Directory sales were impacted by poor stock availability from October, and surprise, surprise, online competition remains as fierce as ever. Full price…
London open: Stocks slide as trading volumes thin on NYE Yahoo! Finance – 31 Dec https://uk.finance.yahoo.com/news/london-open-stocks-slide-trading-085800902.html LONDON MARKET OPEN: Battered Stocks “Crawl To Finishing Line” Of 2015 London Southeast – 31 Dec http://www.lse.co.uk/AllNews.asp?code=2s0g3dmc&headline=LONDON_MARKET_OPEN_Battered_Stocks_Crawl_To_Finishing_Line_Of_2015 Crude oil prices drop toward $37 as weak outlook prevails Stay On The Black…
European stocks rally 1.5% as oil price ticks higher CNBC – 23 Dec http://www.cnbc.com/2015/12/23/europe-to-follow-global-markets-higher.html LONDON MARKETS: UK 100 Charges Higher, Led By Oil And Mining Stocks Nasdaq – 23 Dec http://www.nasdaq.com/article/london-markets-UK Index -100-charges-higher-led-by-oil-and-mining-stocks-20151223-00046#ixzz3v8oxT7m4 U.S. Stocks Higher as Oil Stabilizes Nasdaq – 22 Dec http://www.nasdaq.com/article/us-stocks-higher-as-oil-stabilizes-20151222-00476 Global Stocks Steady…
18 Dec 2015 The markets have had little on their mind recently bar that ‘momentous’ decision to raise US interest rates for the first time since the financial crisis. Following that, attention has come back to emerging markets and their old buddies, commodities. Of course, market volatility is always good…
18 December 2015 It was a protracted build up to say the least. And the Y2K-like fears the world would implode after the first US interest rate rise in almost a decade proved unfounded with the muted market reaction to Janet Yellen finally pulling the trigger Wednesday evening. While we would normally cheer heightened volatility…