1129 days ago
Discover the top 30 stocks of the S&P 500 over the last 30 years
Would you have guess who the top performer was?
1130 days ago
Airline stocks are soaring but the end of the tunnel is still far
Although the Bloomberg World Airlines Index soared 15% this month, it is still 17% under its 2020 peak, and analysts are not optimistic about the 12-month return potential of major airlines. Only companies likes IAG and Ryanair seem to keep their heads above the water.
1130 days ago
Shares in Japan’s central bank surge most in 15 years
Japan’s central bank joined the ranks of equities with puzzling surges in valuation led by retail investors on Monday, as its shares surged by their daily limit, up 18%, the most since 2005. The BOJ is itself a publicly listed entity on the Jasdaq. It is one of the world’s few publicly traded central banks, with peers including Belgium, Greece and Switzerland. The government holds most of its shares with a 55% stake, while individual investors have 40% (no voting rights). Despite the minuscule trading volume with only 4,100 shares exchanged, Monday’s spike was enough to catch the attention of day traders on Twitter and other online forums where Japan’s growing horde of retail investors share their insights. At its peak in October 1989, a single BOJ share cost an eye-watering 745,000 yen, more than twenty times its current valuation. With Japan’s stocks recently climbing to 30-year highs, retail investor sentiment is improving.
1130 days ago
Budget airlines fly above majors since pandemic
“As travel restrictions in the U.K. and elsewhere ease, we believe demand will recover quickest at Ryanair, Wizz Air and other low-cost carriers,” Rob Barnett and Conroy Gaynor of Bloomberg Intelligence wrote
