Societe Generale (OTCMKTS: SCGLF) shares have weakened from $16.6 to $12.76 in less than thirty days and the current price stands around $12.85. The price of the stock is impacted by the Covid-19 pandemic environment and the next several months will be competitive for the banking industry. Fundamental analysis: COVID-19 infections are rising Societe Generale is one of France’s major banks which is based on a diversified and integrated banki...

Coca-Cola shares (NYSE: KO) has weakened from $60 below $37 in less than eight months and the current price stands around $48. The business of the company is impacted by the coronavirus Covid-19 pandemic and the next several months will be competitive for the beverage industry. Fundamental analysis: The business of the company is impacted by the coronavirus Covid-19 pandemic The Coca-Cola Company is an American multinational beverage corporation...

The price of Alibaba stock (NYSE: BABA) has advanced from $185 to $299 in less than six months and the current price stands around $271. Fundamental analysis: Alibaba is a stable company with a good position on the market Alibaba Group Holding Limited is a Chinese multinational technology conglomerate specializing in e-commerce as the online commerce company with hundreds of millions of users on its Taobao, Tmall and Alibaba.com marketplaces. Wit...

The technology sector is now in a correction from its recent highs but most analysts are not worried about the recent action in technology stocks. Shares of Microsoft (NASDAQ: MSFT) extended its correction from the record highs above $232, registered in the first week of September. Despite this, there is no reason to panic and as long the price of the Microsoft stock is above $180 this stock is in the “buy” zone. Fundamental analysis:...

The price of Bank of America Corporation (NYSE: BAC) has advanced from $18.08 above $28 in less than six months and the current price stands around $24. The next several months will be competitive for the banking industry but even with the COVID-19 pandemic, the business of Bank of America is going very well. Fundamental analysis: Bank of America is a stable bank with a good position on the market Bank of America is an American multinational inve...

The technology sector is now in a correction from its recent highs but most analysts are not worried about the recent action in technology stocks. Shares of Facebook (NASDAQ: FB) extended its correction from the record highs above $305, registered in the last week of August. Despite this, there is no reason to panic and as long the price of the Facebook stock is above $240 this stock is in the “buy” zone. Fundamental analysis: The com...

HSBC Holdings plc (LON: HSBA) and Standard Chartered plc (LON: STAN) tumbled in the stock market on Monday to the levels last seen in 1998 on media reports that the two banks along with others, including Deutsche Bank and Barclays, engaged in moving enormous amounts of allegedly illicit funds. The report said that red flags associated with the origin of the money were deliberately ignored as the banks moved funds over the past twenty years. HSBC...

The price of Ford Motor Company stock (NYSE:F) has advanced from $4.01 above $7.50 in less than six months and the current price stands around $7.25. The next several months will be competitive for the global auto industry but even with the COVID-19 pandemic, the sale of Ford cars is going very good. Fundamental analysis: Ford is expanding its production Ford Motor Company is an American multinational automaker that sells automobiles and commerci...

The price of AT&T (NYSE: T) stock has weakened from $33.23 to $28.83 since June and the current price stands around $29.33. In my opinion, AT&T is a stable company that pays a very good dividend. Fundamental analysis: AT&T has maintained multi-decade growth in its dividend payments AT&T Inc. provides telecommunication, media, and technology services worldwide, the company was incorporated in 1983 and is based in Dallas. The compan...

The price of Suncor Energy (NYSE:SU) stock has weakened from $17.08 to $13.52 in less than thirty days and the current price stands around $13.64. In my opinion, Suncor Energy is a stable company that pays a very good dividend. Fundamental analysis: Suncor Energy is preparing for a safe and staged return to normal operations Suncor Energy primarily focuses on developing petroleum resource basins in Canada’s Athabasca oil sands but the compa...

Shares of China Mobile (NYSE: CHL) extended its correction from the recent highs above $38, registered in the third week of August. Despite this, there is no reason to panic and as long the price of China Mobile stock is above $30 this stock is in the “BUY” zone. Fundamental analysis: China Mobile stock is not overvalued China Mobile is handling the coronavirus threat very well and it is attracting investors’ attention in this u...

The price of General Motors (NYSE: GM) stock has advanced from $15 above $33 in less than six months and the current price stands around $30,40. General Motors became a strategic manufacturing partner of Nikola and the company’s business will probably continue to grow. Fundamental analysis: GM stock is not overvalued The price of the stock advanced after the company reported that GM will be a strategic manufacturing partner of Nikola. Accor...

Gazprom (OTCMKTS:GZPMF) is a global energy company that holds the world’s largest natural gas reserves. The company accounts for 12 % of the global gas output and 68% of domestic gas production. In only several months the price of this stock has weakened from $8 below $5 and the recent sell-off created an attractive opportunity to invest in this stock. Fundamental analysis: Stable company with good fundamentals With the market cap of only $54.19B...

London-listed shares ended slightly up on Monday on optimism of stimulus-driven economic recovery. With the earnings season having kickstarted, investors will now be interested in the quarterly financial results of European and US companies in the upcoming weeks. The UK’s blue-chip FTSE 100 index closed 1.3% up on Monday. In early trading, less than ten stocks listed on the commodity heavy index were reported in the red zone. The index opened at...

London-listed shares remained hawkish on Friday but still closed lower on the weekly chart as the continuous rise in global COVID-19 cases weighed on risk appetite. Brexit concerns also contributed to limiting gains this week. The UK blue-chip FTSE 100 index ended about 0.8% higher on Friday on the back of the heavyweight financial stocks that rebounded significantly. On the weekly chart, however, the commodity-heavy index closed nearly 1% down o...

UK shares registered their best intraday performance on Monday in almost three weeks as banks remained hawkish on hopes that more stimulus will be announced to help kickstart the global economy that has been significantly battered by the Coronavirus pandemic. FTSE 100 and FTSE 250 indices are still roughly 20% down The British housebuilders including Barratt Developments, Persimmon (LON: PSN), and Taylor Wimpey were upbeat on Monday as Rishi Suna...

London-listed stocks ended lower on Friday as the U.K.’s blue-chip FTSE 100 index erased its weekly gains on a record increase in COVID-19 cases in the United States that left investors questioning if the prospect of a quick economic recovery is still on the table. The commodity-heavy index opened at 6,240.36 on Friday and closed 1.3% lower at 6,144.82. Oil and gas companies, including Royal Dutch Shell and British Petroleum, contributed the most...

The UK blue-chip FTSE 100 index dropped slightly in the morning session as global COVID-19 cases climbed over 10 million. Owing to a weaker sterling and optimism of more stimulus, however, the index closed more than 1% up on Monday. Senior economic adviser, Vicky Redwood, of Capital Economics commented on Monday: “With the right government policies, many economies should be able more or less to revert to the path of output they were on before the...

The UK blue-chip FTSE 100 index ended on a slightly upbeat note on Friday helped primarily by the consumer stocks. The commodity heavy index opened at 6,147.14 and closed about 0.4% higher on 6,176.22. The FTSE 100 briefly touched an intraday high of 6,258.37 on Friday. The domestically heavy FTSE 250 index, on the other hand, closed almost flat on Friday. The midcap index jumped more than 1% in the afternoon session but lost all of its intraday...

London-listed stocks were reported under pressure as the number of new COVID-19 cases climbed globally on Monday. The increased risk of prolonged lockdowns and further damage to the global economy pushed investors to the backfoot. UK shares had ended on a hawkish note last week on the optimism of the monthly retail sales report. The UK’s blue-chip FTSE 100 index posted an intraday decline of 0.8%. The index opened at 6,292.60 on Monday but closed...

London-listed stocks were upbeat on Friday as the UK’s Office for National Statistics revealed a 12% increase in retail sales last month. The rebound in May supported expectations of a quick recovery after the Coronavirus pandemic that halted economic activity in recent months. Energy stocks were also hawkish as oil prices topped £32.37 per barrel on Friday. The UK blue-chip FTSE 100 index opened at 6,224.07 on Friday and closed the regular sessi...

The UK blue-chip FTSE 100 index remained under pressure on Monday as China reported a significant increase in new COVID-19 cases again. The FTSE 100 opened at 6,105.18 but closed less than 1% down at 6,059.33 after posting a three-week low of 5,957.49 in the morning session. On the year to date basis, the blue-chip index is still more than 25% down. FTSE 250 ended flat on Monday The midcap FTSE 250 also remained weighed as Beijing reported underw...

Austrian Airlines said on Sunday that it expects the company to be about 20% smaller in 2022. The airline is a subsidiary of the German flagship carrier, Lufthansa (ETR: LHA). Austrian currently has a workforce of 7,000 employees but anticipated that it will have to slash roughly 1,100 jobs in the upcoming years. In a statement last week, Austrian government announced the national airline to have received a £403.4 million bailout package that wil...

London-listed stocks pulled out of a 4-day losing streak as cyclical stocks recovered on Friday. Overall gains, however, remained slim as the country revealed its economy to have seen an unparalleled contraction in April. Cyclical stocks, including insurers (.FTNMX8570), banks (.FTNMX8350) and oil and gas (.FTNMX0530) contributed the most to the intraday gain on Friday. UK’s benchmark indices post their sharpest weekly declines The UK’s blue-chip...

The UK blue-chip FTSE 100 index remained under pressure on Tuesday as British American Tobacco (LON: BATS) lowered its full-year forecasts for profit and revenue. BAT posted a 3.1% intraday decline as it revealed a significant hit to its sales in recent months due to the Coronavirus lockdowns in its key markets like Mexico, South Africa, Vietnam, and Bangladesh.    Aviva Investors, a leading HSBC shareholder, expressed its discomfort in...