TRADING UPDATES: Victoria and Brickability report revenue progress
TRADING UPDATES: Victoria and Brickability report revenue progress | Financial News
Source: lse.co.uk
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Gold is the second most liquid commodity on earth | Swiss Resource Capital
Gold and the US dollar behave inversely, i.e. if the US dollar rises, the price of gold goes down.
Source: resource-capital.ch
Zimbabwe's new bourse draws listing interest from foreign miner
Zimbabwe's new bourse draws listing interest from foreign miner News24 09 Jul 2021, 04:13 GMT+10 Caledonia Mining, Zimbabwe's second-largest gold producer by volume, has begun the process for listing on the country's new bourse, which trades exclusively in US dollars. The listing planned for this year will be the first by a foreign-owned mining company on the Victoria Falls Exchange, or VFEX. It is contingent on market conditions and improved payments in US dollars for gold produced at the Jersey-based mineral exploration and development company's Blanket gold mine in the southwest of the cou...
Source: singaporestar.com
MARKET REPORT: Rent and costs woe for British Land and Land Securities
Jefferies expects this will hit the amount each will be able to pay in dividends. The deep-dive analysis, Jefferies said, confirms its confidence in a 'Beds, meds and sheds' strategy that favours companies in the residential, pharmaceuticals and logistics industries. Landlords – or specifically real-estate investment trusts – cover all sorts of properties but the ones Jefferies believes will perform well fall into the warehouse and storage (i.e. 'shed') category. Brokers upgraded storage Tritax Big Box REIT (up 1.2 per cent, or 2.4p, to 203.6p) and Big Yellow Group (up 1.3 per cent, or ...
Source: dailymail.co.uk
FIH Group PLC sees revenues hit by pandemic, even on COVID-free Falklands
Follow John on: A look at some of the major movers in London on Tuesday FIH Group Plc (LON:FIH) dipped 5.7% to 250p after the group revealed that despite the Falkland Islands, where it operates, being free of COVID-19 the pandemic has still put a dent in revenues. Revenue in the year to the end of March slumped to £32.6mln from £44.6mln the year before, with the fall in sales relating primarily to UK operations reflecting the impact on trading from seven months of lockdowns during the period. Underlying profit before tax, which excludes one-off items, was £202,000, compared to a profit the...
Source: proactiveinvestors.co.uk