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Nov 6, 2024 | 
ajbell.co.uk | Spencer PLC |Persimmon PLC
“US and European markets raced ahead on projections for Donald Trump to win the US Presidential election,” says Russ Mould, investment director at AJ Bell. “The dollar strengthened and 10-year Treasury yields jumped to 4.406% on the assumption that Trump’s policies will stoke inflation and require interest rates to stay higher for longer. That sustained the rally in US Treasuries which has been in motion since mid-September when they traded at 3.623%.
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Jul 15, 2024 | 
ajbell.co.uk | NatWest Group plc |Ocado PLC |Spencer PLC |Tesco Plc
“It looks increasingly unlikely that Labour will resurrect the previous government’s plans to hold a public sale of NatWest shares. Even since the general election was called on 22 May, the Treasury has been quietly offloading parcels of NatWest shares in either off- or on-market transactions,” says Dan Coatsworth, Investment Analyst at AJ Bell.
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Jun 29, 2024 | 
knowesg.com | Spencer PLC
Marks & Spencer is launching its first-ever clothing repair service, partnering with repair specialists SOJO. This move comes as M&S recognises the growing demand for sustainable fashion options. A Shared Mission for SustainabilityAccording to WRAP, the climate action NGO, a considerable amount of clothing ends up unworn. M&S aims to tackle this issue through its "Another Life" initiative, which includes the SOJO partnership and existing programmes like clothes donation with Oxfam.
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Feb 29, 2024 | 
ajbell.co.uk | Ocado PLC |Glencore PLC |Spencer PLC
“The FTSE 100 ticked higher on Thursday morning after moderate weakness in the US overnight and mixed trading in Asia,” says AJ Bell Investment Director Russ Mould. “Several stocks, including Barclays, were lower as they traded ex-dividend, but strength in Glencore as the Chinese market continued to rebound, as well as other names with links to the world’s second largest economy, helped give the UK’s flagship index a lift.
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Feb 7, 2024 | 
ajbell.co.uk | Tesco Plc |Spencer PLC
“The FTSE 100 was flat on a day stuffed with deals and strategic plans,” says Russ Mould, Investment Director at AJ Bell. “Barratt Developments saw its shares plunge on a proposal to buy housebuilding rival, Redrow, and a mixed set of results. Sainsbury’s was also in the doghouse with investors after outlining plans to spend big to support future growth ambitions.
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Jan 2, 2024 | 
ajbell.co.uk | Spencer PLC |Tesco Plc |Shell plc
“Markets got off to a cautious start on the first trading day of 2024, perhaps setting the tone for what could be a volatile year jam packed with political jostling ahead of crunch elections,” says Russ Mould, Investment Director at AJ Bell. “While the main European indices pushed ahead, Asian markets were in the red despite better-than-expected economic data from China. The Caixin Manufacturing PMI data grew to 50.8 in December 2023 versus 50.7 in November.
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Nov 8, 2023 | 
ajbell.co.uk | Spencer PLC |Itv Plc |Ocado PLC |Reach Plc
“The FTSE 100 may have recovered from the lows seen in late October, as investors react positively to the latest decisions and noises from central banks, but it is stopping short of a full-blown rally for now,” says AJ Bell Investment Director Russ Mould. “The index is flat, despite more gains in the US overnight, and the debate continues to oscillate between higher rates for longer and the prospect of rate cuts in 2024.
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Sep 19, 2023 | 
uk.advfn.com | Spencer PLC
Marks and Spencer Group PLC Director/PDMR Shareholding (9110M) 19/09/2023 9:01am UK Regulatory (RNS & others) Marks And Spencer (LSE:MKS) Intraday Stock Chart Tuesday 19 September 2023 TIDMMKS RNS Number : 9110M Marks and Spencer Group PLC 19 September 2023 Director/PDMR Shareholding Marks and Spencer Group plc (the 'Company') announces that it has been notified of the following transaction(s) in the Company's Ordinary 1p shares undertaken by directors / persons discharging managerial...
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Aug 15, 2023 | 
ajbell.co.uk | Spencer PLC
“Alarm bells are ringing on UK inflation once more as the latest figures from the Office for National Statistics show record wage growth,” says AJ Bell Investment Director Russ Mould. “This builds pressure on the Bank of England and has prompted an increase in sterling and gilt yields, as well as a big fall in UK stocks, as it suggests inflation is becoming increasingly entrenched in the economy. However, it is a fine balance.
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Jul 4, 2023 | 
ajbell.co.uk | Persimmon PLC |Spencer PLC
“The FTSE 100 started Tuesday flat and with the US markets largely closed for Independence Day it could struggle for direction throughout the trading session,” says AJ Bell Investment Director Russ Mould. “Earlier this year housebuilders were breathing a sigh of relief as the surging mortgage rates seen in the wake of the mini-Budget eased. That’s no longer the case amid sticky UK inflation and the prospect of higher rates for longer.
