Wall Street banks name 10 UK stocks to benefit from Labour landslide win

The U.K.'s center-left Labour Party has won a substantial parliamentary majority in the country's general election, unseating the incumbent Conservatives after 14 years. Analysts from investment banks have named stocks and indexes that are likely to benefit as the transfer of power happens in the U.K.

versus FTSE 250 Citi's European equity strategist Beata Manthey said a new Labour government's "policies are expected to be relatively business friendly." Manthey and her team picked the FTSE 250 index , which can be traded through exchange-traded funds such as iShares FTSE 250 UCITS ETF or Vanguard FTSE 250 UCITS , over the large-cap index

, as their "preferred post-election trade." The strategists, however, cautioned that historical data pointed toward lackluster returns immediately after the election results. "On a relative basis, the UK market has tended to underperform 1-2 months after Labour wins, while tallying decent relative performance 12m post-election," they said in a note to clients after the results were confirmed. Swiss bank UBS echoed Citi's call on the mid-cap index.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock Trader Answers Stock Market Questions From TwitterFormer Wall Street stock trader Lance Breitstein answers your most asked stock market questions from Twitter.
مصدر: WIRED - 🏆 555. / 51 اقرأ أكثر »

Wall Street banks name UK stocks to watch as Brits head to the pollsRBC has drawn parallels between current market performance and that of a prior general election.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stock market today: Most of Wall Street rises, but Nvidia tumbles again as AI mania coolsAnother slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed, even as the majority of stocks rallied.
مصدر: latimes - 🏆 11. / 82 اقرأ أكثر »

Stock market today: Asian shares lower after Wall Street closes another winning weekAsian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run.
مصدر: wjxt4 - 🏆 246. / 63 اقرأ أكثر »