Sector movers: Expectations for US stimulus feed gains in oil patch, weigh on Tech
Wed 13 January 2021 16:41
(Sharecast News) - Oil related stocks continued to find favour in the middle of the week as investors' focus shifted to the incoming US administration's augmented fiscal stimulus package that was due to be unveiled the next day.
Sector movers: Auto and Oil&Gas stocks pace losses
Fri 11 December 2020 19:00
(Sharecast News) - Some of the most cyclical areas of the stock market, such as Autos&Parts and Oil&Gas, were the worst hit at the end of the week as a raft of negative news headlines hit the wires, especially those around Brexit talks with the European U
Sector movers: Brexit talks drag on lenders, Tobacco and Pharma find favour
Mon 07 December 2020 17:15
(Sharecast News) - Stocks came under pressure at the start of the week as the clock on Brexit talks continued to run down amid negative news-flow out of Brussels at the weekend regarding prospects for a deal.
Sector movers: Lenders start December on front foot, Citi and Goldman upbeat
Tue 01 December 2020 16:42
(Sharecast News) - Financials paced gains in the first trading session of December with lenders' shares faring best as analysts weighed in with further positive views on the outlook for the sector.
Sector movers: Investors take profits in value stocks after torrid November
Mon 30 November 2020 16:02
(Sharecast News) - Investors booked some profits in the Oil&Gas space following sharp rallies over the course of November on the back of much better-than-expected news regarding progress on developing effective vaccines against Covid-19.
Sector movers: Health Care stocks and Banks pace gains
Fri 27 November 2020 16:29
(Sharecast News) - Shares of those firms that are more insulated from fallout of the Covid-19 pandemic paced gains at the end of the week, after the government unveiled a stricter tiered system that would take effect when the latest national lockdown ends
Sector movers: Gains in Oil and Defence help offset weakness in Pharma
Mon 23 November 2020 23:14
(Sharecast News) - Oil and Defence stocks were among the strongest areas of the market at the start of the week buoyed by hopes that a prompt rollout of Covid-19 vaccines might offset the near-term risks to growth from the second wave of the pandemic, and