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Here’s Why Kingfisher and Ocado are 2 of the Most Shorted London-Listed Stocks

Despite the recent performance of the FTSE 100, which has hit new highs in recent days, two companies in the blue-chip index have come under some selling pressure. Kingfisher (LON: KGF) and Ocado (LON: OCDO) are two of the mo

Sam Boughedda
GSK Makes Strong Start to 2024, Q1 Sales Rise 10%

Pharmaceutical giant GSK (LON: GSK) said it has kicked off 2024 on a high note, reporting a robust 10% increase in total sales for the first quarter, with an even more impressive 13% rise excluding COVID-related products. 

GSK Office
Sam Boughedda
JD Sports: Hibbett Deal Raises Execution Risk Concerns

JD Sports (LON: JD.) shares dipped almost 3% Monday after analysts at Barclays and Deutsche Bank released notes covering the stock, relaying their concerns regarding the recently announced deal to acquire Hibbett. 

Sam Boughedda
Hargreaves Lansdown Revenues Rise as Momentum Continues into April

Hargreaves Lansdown (LON: HL.) reported a robust performance for the three months ending March 31, 2024, with revenue reaching £199.7 million, marking a 6% increase compared to the same period last year.

Hargreaves Lansdown review
Sam Boughedda
FTSE 250 Outperforms the 100 on a Solid Day for UK Markets, Fed Incoming

London's stock markets ended trading on Monday in the green, with the FTSE 250 outperforming the 100. This positive move comes as market players await remarks from the US Federal Reserve, which is commencing its policy meetin

Asktraders News Team
Eagle Eye Solutions Shares Take Flight on New Tesco Personalised Promotions Contract

Shares in digital marketing specialist Eagle Eye Solutions Group PLC (LON:EYE) surged by 3.14% up 14.75 points this afternoon following the announcement of a new contract with grocery giant

Tesco clubcard
Asktraders News Team
The FTSE 100 Continues to Climb – What to Watch This Week

The FTSE 100 showed a promising start to the week, climbing to 8,171.65 in early Monday trading on April 29, 2024, rising 0.39%, following Friday’s 0.75% rise, which saw London’s blue-chip index closed up 60.97 points at 8139

Big Ben, London the UK
Sam Boughedda
Insurance Firm Beazley Reports In Line Q1 Growth

Insurance provider Beazley (LON: BEZ) reported its first quarter trading statement Monday morning, showcasing steady growth in line with guidance.

stock market chart data screen on technology
Sam Boughedda
Here’s Why CMC Markets Shares Are Up 150% This Year

CMC Markets (LON: CMCX), the online trading platform, has witnessed a staggering 150% surge in its share price so far in 2024. This impressive rise has prompted many to seek answers to the underlying factors driving this subs

CMC Markets office
Sam Boughedda
BHP Takeover Proposal Rejected by Anglo American

Anglo American (LON: AAL) said Friday that it has rejected a takeover proposal put forward by BHP Group (NYSE: BHP). 

Anglo American
Sam Boughedda
AstraZeneca Shares Soar After Impressive First-Quarter Earnings Outperform Expectations

In a striking development for the pharmaceutical sector (NASDAQ:AZN), AstraZeneca's share price soared to $75.13, a 5.49% rise prov

AstraZeneca Office
Asktraders News Team
Sainsbury’s Food Business ‘Firing on All Cylinders’

Sainsbury (LON: SBRY) shares dipped over 1% in early Thursday trading after the supermarket giant reported its final results for the 52 weeks ended March 2, 2024, which saw revenue rise year-on-year.

Sam Boughedda
Anglo American Receives Takeover Proposal from BHP

Anglo American (LON: AAL) disclosed Thursday that it has received an unexpected takeover proposal from BHP Group Limited (NYSE: BHP). The proposal, described as unsolicited, non-binding, and highly conditional, has prompted c

Ferrexpo mining machines
Sam Boughedda
Anglo American (AAL.L) Has Another Green Day In Markets – Analysts Like It

In a display of resilience amidst market uncertainty, Anglo American (LON:AAL) has witnessed a notable uptick in its stock price, boasting a very strong 13.11% rise in the last month, gaining 253p. Today was another green day

Anglo-American Platinum
Asktraders News Team
Lloyds Banking Group Sees Decline in Retail Customer Deposits Affecting Their Q1 Financials

Lloyds Banking Group (LON: LLOY), one of the UK's prominent financial institutions, has reported a significant 9 percent decline in net income, which in turn ha

Lloyds bank
Asktraders News Team
NatWest Shares (LON:NWG) Taking Out 52 WK Highs – AI To Streamline Banking Efficiency?

NatWest share prices continue to push higher, taking out 52 week highs on the day in what has been a very positive start to 2024. With the NWG.L stock up almost 30% through the year so far, will AI really come to the UK banki

Natwest branch
Asktraders News Team
Reckitt Benckiser Shares (RKT.L) Gain Early – Full-Year Targets On Track

Reckitt Benckiser (LON: RKT), the consumer goods giant behind Dettol and Lysol, saw its shares jump at the start of Wednesday's session after it reported its first-quarter (Q1) results.

Sam Boughedda
Barclays Shares (BARC.L) Add 24% This Year – Here’s Why

Barclays' (LON: BARC) share price has surged an impressive 24% so far this year, pushing its stock price back to levels last seen in February 2023. 

Barclays (BARC) Share News and Updates
Sam Boughedda
Haleon Shares Can Re-Rate Due to ‘Class-Leading Growth’

Haleon (LON: HLN) shares have been ranging for some time now, despite the just over 3% increase in the year-to-date. However, one bank believes the shares can re-rate.

Haleon stock
Sam Boughedda
Primark Owner ABF Profits Jump, Raises Interim Dividend

Associated British Foods (LON: ABF), the owner of Primark and various food brands, reported a substantial increase in profits for the first half of their financial year on Tuesday. 

primark store
Sam Boughedda
The FTSE 100 Jumps – What to Watch This Week

The FTSE 100 jumped to 7,990 in early Monday trading on April 22, 2024, rising 1.2%, following Friday’s 0.24% rise. London’s blue-chip index closed 18.8 points higher at 7,895.85 on Friday.

Sam Boughedda
Quanex to Acquire Tyman in ‘Transformative’ £788m Deal

In a significant development within the building products sector, Quanex Building Products Corporation (NYSE: NX) announced it has agreed on a deal to acquire FTSE-250 company Tyman (LON: TYMN).

Sam Boughedda
Gender Parity At Top Table: BP Adjusts Leadership Team in Strategic Reorganization

In a decisive move toward a more streamlined corporate structure, BP has announced a consolidation in its executive leadership team as new Chief Executive Murray Auchincloss takes the reins of the oil titan. The top echelon o

BP
Asktraders News Team