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Covid-19 diagnostic firms have fallen too far given they still play a crucial role

The successful development of vaccines was a triumph for the world and was for the most part great news for equities too, however it negatively impacted sentiment for one particularly sub-set of the market. The initial excitement surrounding biotechnology companies involved in developing Covid-19 testing kits and treatments for sufferers of coronavirus rapidly evaporated as the focus moved from ...

FTSE falls on virus restriction fears, Ryanair cuts winter capacity, AO World sparks higher

London’s FTSE 100 was off 2.2% at 5,806.80 early on Thursday as concerns about increased numbers of Covid-19 cases grew and investors fretted over the economic impact of new restrictions that could be imposed in London and other parts of the country. Also weighing on the blue chip benchmark were negative comments from US Treasury Secretary Steven Mnuchin that a big stimulus deal was unlikely ...
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