Market Insights

Friday Morning Call - 27th of January

Asian stock markets increased early Friday thanks to stronger U.S. economic growth figures. Oil set to end the week flat as little movement shown.

27 Jan 2023, 07:50

Boohoo Group PLC - Daily

Boohoo reported a net debt of ?10m for the 5 months ending 31st Aug. However, it still holds ?315m in gross cash maintaining its balance sheet.

$42.52p

26 Jan 2023, 16:04

Royal Mail maintains loss guidance and estimates strike costs at ?200 million.

IDS stated that it saw a net cost of strike action of almost ?200 million and an adjusted operating loss of ?295 million.

26 Jan 2023, 15:21

IDS PLC (Royal Mail) - Daily

IDS, which owns Royal Mail, saw a 2% rise in share price today. It provided details on the impact of recent strike action on the company.

$223.35p

26 Jan 2023, 15:20

Tesla outperformed in Q4 thanks to a 37% increase in revenue

Despite a substantial fall in vehicle profit margins, Tesla surpassed Wall Street expectations for fourth-quarter revenue and profit.

26 Jan 2023, 12:47