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ArvinIG

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Everything posted by ArvinIG

  1. Hi @JamesWright, HCP is now online. All the best - Arvin
  2. Hi Karen @NoComment, The expiry "Good 'til Cancelled" is only available when the market is open to trade (trading hours). If you want to place an order before or after market hours the option won't be available as the order is a direct market order. I understand your point of view on the partial fill and not being able to set a minimum amount to partially fill an order. Placing a GTC expiry would eliminate partial fills. Feel free to contact our helpdesk at helpdesk.au@ig.com, via phone or live chat. All the best - Arvin
  3. Roblox shares soared 7% yesterday as investors back its strong financial credentials, aged-up demographics, and future potential to be a trailblazer for the metaverse. And this could just be the start. Source: Bloomberg Shares Roblox Metaverse Avatar Bloomberg L.P. Internet The Roblox (NYSE: RBLX) share price is 178% higher than its March IPO price of $45. The company chose a rare direct listing, where no new shares are created, but instead current investors become able to sell their existing shares on the open market. On its first day of trading, the stock shot up 54% to $69.50, eventually rising to $100 by 4 June. After falling to $70 by 8 October, it then rose to a high of $135 by 19 November. As generic fears over the Omicron variant and potential interest rate rises rose, it dipped once again. But at $125 right now, it could skyrocket soon. Roblox share price: Q3 results In excellent Q3 results, revenue increased by a whopping 102% to $509.3 million compared to the same quarter in 2020. Net operating cash hit $181.2 million, while free cash flow increased 7% to $170.6 million. Meanwhile, bookings increased by 28% to $637.8 million, while average daily users rose 31% year -over-year to 47.3 million. And hours of engaged gameplay rose 28% year-over-year to 11.2 billion. CEO David Baszucki commented that ‘engagement is our north star.’ He further said ‘we are happy to report that the developer community earned over $130 million in the quarter and is on pace to earn well over $500 million this year.’ He highlighted that the company would ‘continue to invest in innovative technology to…build and create.’ Unlike its competition, Roblox users can create their own in-universe games. Currently, developers get 26.9% of the proceeds generated by players, for example from the sale of custom outfits and avatars. These items are bought with the in-game currency, Robux`— and the most popular subscription for 1,000 Robux costs £8.99 per month. This gives a financial incentive to create ever better games and fuel organic user growth. CFO Michael Guthrie highlighted the company’s strong financial growth, ‘despite lapping Covid-impacted periods and back-to-school seasonality.’ Regarding Q4, he said ‘we appear to be having a great start to the last quarter of the year.’ And encouragingly, Morgan Stanley analyst Brian Nowak has put a $150 target on the stock. Source: Bloomberg The Roblox metaverse Depending on who you’re talking to, the metaverse is either the next evolutionary phase of the internet, or an overhyped, ill-defined virtual reality hypothesis. Regardless, it’s been latched on to by Facebook, which rebranded its corporate name to Meta in July. The core idea is that it’s a 3D internet that spans both the physical and virtual worlds. For example, instead of messaging online, people would meet up with their avatars in a virtual space, to do everything from banking, to shopping, to socialising. And Roblox’s avatar-based developer-focussed strategy gives it a huge head-start in this new space. It’s already partnered with Nike to develop its own platform called NikeLand. Shoemaker Vans and car manufacturer Hyundai are both using Roblox to advertise their products. In June, Warner Bros. created a Roblox-based rendition of the Washington Heights neighbourhood in New York that served as the setting for its musical ‘In the Heights.’ Players were able to explore the set and talk to characters in the film. Yesterday, Ralph Lauren launched its own Roblox holiday-themed experience, with a gender-neutral digital clothing collection to explore. Christina Wootton, vice president of global brand partnerships at Roblox, commented ‘anyone can try exclusive fashion items and even influence what this environment looks like based on their participation and daily voting results. This is the kind of innovation and co-creation that the Roblox platform and technology enable.’ Moreover, because the game has a PEGI 7 rating, it’s suitable for younger players who could potentially play Roblox forever. But Keybanc analyst Tyler Parker believes that ‘aging up the platform remains a key opportunity that remains challenging’ as older users find different ways to spend their money. However, on its Investor Day on 16 November, the company demonstrated that the fastest-growing cohort on the platform is 17–24-year-olds, and that it’s also retaining more of its aging clientele. With an older user base with access to disposable income, and company partnerships eager to explore its metaverse potential, the Roblox share price might have much more potential than it appears at first glance. Of course, if the metaverse fails to materialise, the company could lose value fast. Go short and long with spread bets, CFDs and share dealing on 16,000+ shares with the UK’s No.1 platform.* Learn more about trading shares with us, or open an account to get started today. * Best trading platform as awarded at the ADVFN International Financial Awards 2021 Charles Archer | Financial Writer, London 10 December 2021
  4. Hi @StueMakossa, Could you please send a screenshot of the error message to helpdesk.en@ig.com. Our IT team will be able investigate and assist you further. All the best - Arvin
  5. Hi @JamesWright, You request has been submitted. All the best - Arvin
  6. Hi @PLA, There is no options to download your portfolio to a csv file. You will find your portfolio on a daily statement which you receive when a trade is placed ( CSV available). For a share dealing account if you wish to obtain a current holdings statement as a PDF please reach out tohelpdesk.uk@ig.com . All the best - Arvin
  7. Hi @problemsolver, IG does offer corporate accounts to trade as a company. Please reach out to newaccountenquiries.uk@ig.com . The team will be happy to have a chat with your on the differences with a retail account. All the best - Arvin
  8. While the Tesla share price remains in the stratosphere, a perfect storm of institutional selling, reported faults, new competition, and the Omicron variant could together mark the end of its bull run. Source: Bloomberg Shares Tesla, Inc. Stock market index Stock Investor Option The Tesla (NASDAQ: TSLA) share price has been volatile over the past few weeks. On 4 November, the electric vehicle (EV) stock hit a high of $1,230, before falling to $1,013 by 15 November. Then it rose to $1,157 a week later, before falling to $1,009 on 6 December, briefly dropping below its landmark $1 trillion market cap. Currently, it's recovered to $1,052. After the pandemic-induced mini-crash, Tesla was worth $85 per share on 20 March 2020. Since then, it’s risen 1,137%. But its meteoric rise may now be over. Tesla share price: the feedback loop Tesla has delivered exceptional returns for investors over the past two years. As its stock value has accelerated, it has become subject to a positive feedback loop. Fresh investors continue to pour money in, growing the share price ever faster. In December 2020, the company entered the S&P 500, with a weighting of 1.6%. At its height last month, it was worth about 2.5% of the index. And as the S&P 500 is the most heavily tracked index in the world, Tesla’s admission saw ever more investors pile in. With the stock skyrocketing in value, it’s become included in 244 Exchange Traded Funds. In July 2018, it was a component of just 106. And Goldman Sachs Open My IG the value of Tesla options has averaged about $241 billion per day over the past few weeks. It believes Tesla is a ‘critical driver of the market.’ And it’s by far the most traded share on IG right now, making up 10.3% of all trades. Moderna comes a distant second at 3.6%. But could Tesla soon return to fundamentals? It’s delivered around 600,000 cars so far this year. Meanwhile, Toyota alone sold over 9,000,000 in 2020. If monetary policy tightens, its exuberant growth prospects could be reined in, and fast. Source: Bloomberg An end to the bull run? The SEC is ‘actively investigating’ whether Tesla knowingly sold unsafe solar panels, with a whistle-blower saying that it ‘failed to properly notify its shareholders and the public of fire risks associated with solar panel system defects over several years.’ The problem could be costly, affecting 60,000 residential customers as well as 500 government and commercial accounts. And CEO Elon Musk is already no stranger to SEC scrutiny. After a Twitter poll in November, he’s sold 10.1 million Tesla shares for about $10.9 billion. However, he’s exercising options to buy the shares back at $6.24 per share. Having bought 10.7 million shares since he started selling, he now owns nearly 600,000 more than when he started. As he must exercise the options before they expire in August next year, it’s possible that the SEC will deem his Twitter poll as misleading to consumers. In addition, the New York Times has reported that Tesla ‘may have undermined safety in designing its Autopilot driver-assistance system for electric cars.’ The US’s National Highway Traffic Safety Administration is currently investigating whether this might be why there have been ‘at least 12 accidents in which Tesla’s using Autopilot drove into parked fire trucks, police cars and other emergency vehicles.’ And Cathie Wood’s ARK Innovation ETF has been offloading the stock, selling 33,919 shares on Monday to invest in the DocuSign dip. The famous investor has already sold hundreds of thousands of Tesla shares so far this year. Meanwhile, Rivian's $99 billion and Lucid's $72 billion market caps have both been making headlines, and it's only a matter of time before more challengers want a piece of the pie. Retail investors may think their growth opportunities are too big to ignore, while institutions now have different options to invest in the EV revolution. Politically, Musk is experiencing tension with US President Jo Biden. In August, Tesla’s CEO was angered to miss out on an invite to an EV summit at the White House, saying that Biden ‘didn’t mention Tesla once.’ And yesterday, he called Biden’s proposed $2 trillion ‘Build Back Better’ bill, ‘insane’ saying that ‘there’s no need for support for a charging network.’ With the rest of the NASDAQ falling over Omicron fears and potential interest rate hikes, the Tesla bull run might finally be over. But as one of the world’s highest-volume stocks, it could continue to defy gravity. Go short and long with spread bets, CFDs and share dealing on 16,000+ shares with the UK’s No.1 platform.* Learn more about trading shares with us, or open an account to get started today. * Best trading platform as awarded at the ADVFN International Financial Awards 2021 Charles Archer | Financial Writer, London 09 December 2021
  9. The short journey of the Chinese ride-hailing giant is the smallest of the overseas listed Chinese technology giants, with total losses amounting to more than $1 trillion since February 2021. Source: Bloomberg Shares DiDi China Alibaba Group IPO Stock 2021 is an extraordinary year for US listed Chinese stocks. Just when investors are getting ready to turn over the page, DiDi Global Inc's withdrawal from the New York stock market reminds us that it may not be over yet. Only five months after going public, China’s app giant DiDi Global, the largest ride hailing company with 10.9 million active daily users, announced to switch its listing to Hong Kong last Friday. After five volatile months, DiDi’s stock is now priced with an over 50% discount to its IPO price ($14). What happened to DiDi? DiDi’s delisting plan didn’t come without warning. It’s not news to traders that the Chinese government has opposed the company’s New York IPO from early stages, reason being concerns over potential leakage of sensitive data to the US, viewed as the main geopolitical rival to China. As a response to DiDi’s ‘unapproved’ listing, within days of the initial public offering, Beijing announced to restrict DiDi’s app downloads and started to crackdown on technology companies listed overseas. DiDi, slumped by 44% in the first month, dropped the most in its initial months among all Chinese IPOs. Source: TradingView Perhaps what surprised the markets most is not just the withdrawal of DiDi, but the extreme power policy maker hold over giant firms. Even the market has repeatedly witnessed Chinese tech companies grappling with Beijing’s tightened regulations, ranging from digital service, education to online games and the regulatory risk for Chinese companies is still way beyond most investor’s expectations. Who will be the next DiDi? The short journey of the Chinese ride-hailing giant is the smallest of almost all the overseas listed Chinese technology giants, with total losses amounting to more than $1 trillion since February 2021. Amongst them, Alibaba is one of the most prominent, whose shares have plummeted by more than 55% since February, landing on its four-year-low this month. So, will Alibaba or any other data-rich Chinese company repeat the story of DiDi in the near future? This month, Beijing was reported drafting regulations to effectively ban companies from going public on overseas markets, while the US government is also pushing ahead to remove Chinese and Hong Kong listed companies if they don’t comply with Washington’s disclosure requirements. Both sides show little sign to ease the trading environment for Chinese stocks but opens the door for any possibility. No one can predict what may come next for these bruised Chinese leading firms, however, the market has certainly priced in the soaring risks. For example, pessimistic analysts disclosed their value of Alibaba at all-time low of 13 times projected earnings, down almost 30 times from a year ago, compared to its e-commerce peer Amazon’s 66 times. Source: macrotrends.com Alibaba technical analysis Alibaba Group Holding Ltd (All Sessions) rose this week after announcing a reorganisation of its e-commerce teams and appointing a new Chief Financial Officer. In addition to this, the People’s Bank of China’s decision to expand support for the slowing down economy by reducing banks’ reserve requirement ratio also helped to boost the broad Chinese sectors. As a result, Alibaba’s share price jumped by almost 10% on Monday and closed the gap left by last week’s dip. However, even though the stock is immensely undervalued, worries and uncertainty will likely remain to weigh on the sentiment. Current support is hanging around $110, all the way back to September 2016, the next support will be further down to $95. On top of current levels is the resistance line around $139, which if broken could see the stock jump back on the 50 days moving average to fill the gap between $144 and $151. Source: TradingView Hebe Chen | Market Analyst, Australia 08 December 2021
  10. Hi @Sjg1234, Please reach out to webapisupport@ig.com with your account ID. The demo account are usually auto allocated. The API IT team will be able to change the account for you. Thank you - Arvin
  11. Hi @47Tsial, There is no share dealing demo accounts only Spread bet or CFD account ( Leverage) 1) Yes 2) The data feed prices are for a month of data for one exchange. It will be active for a month for that specific exchange. I hope that it helps. All the best - Arvin
  12. Hi @keith30, There is a minimum consideration of GBP 90. You might need to increase the number of shares for the order to go through. All the best - Arvin
  13. The European Central Bank is coming under increasing pressure to raise its base interest rate, amid surging inflation and a fast-moving German political landscape. Source: Bloomberg Forex Inflation European Central Bank Eurozone Germany Euro As one half of the EUR/USD major currency pair, the Euro is one of the most important currencies in the world. And right now, 65% of IG clients are long on the market. This might be because an interest rate rise on this side of the Atlantic could be here soon. US Federal Reserve Chair Jerome Powell recently commented that the word ‘transitory’ should be ‘retired’ when it comes to inflation. With the US inflation rate hitting 6.2% last month, the Reserve is contemplating tapering the USA’s quantitative easing program at a faster rate. But there’s been little talk yet of an interest rate rise across the pond. However, change is afoot across the European Union. Inflation in Germany has hit a multi-decade high. Pressure on the European Central Bank (ECB) to tighten monetary policy, end its seven-year money printing program, and hike rates is rising fast. Eurozone inflation November figures show that Eurozone has soared to 4.9%, a 0.8 percentage point increase over October. According to Eurostat, this is the highest inflationary rate in Europe since 1997, two years before the introduction of the Euro. This reality echoes the situation facing the US Federal Reserve, where its 6.2% inflation rate is the highest since 1990. The ECB is now under intense pressure to review its ultra-low interest rate policy as the cost of living across the bloc soars to new highs. And problematically, the EU's economically weakest nations are being hit disproportionately hard. Estonia’s inflation rose to 8.4%, and Lithuania to 9.3%. This is an issue as citizens in these countries spend a higher proportion of their income on essentials like food, energy, and travel. Energy alone surged 27% across the bloc. And France’s inflation rate rose to 3.4%, its highest in ten years. This is hardly a desirable outcome for President Emmanuel Macron in an election year. ECB President Christine Lagarde has maintained that inflation is temporary and will settle down in mid-2022. But with her US counterpart breaking rank, this position may no longer be tenable. Source: Bloomberg German inflation hits 6% Meanwhile, inflation in Germany rose to 6%, its highest rate since 1992. Inflation is a particularly sensitive topic in the country, where multiple historical financial crises are seared into the public consciousness. The hyperinflation of the Weimar Republic, the 1948 currency reforms, and the fall of the Berlin Wall have all left their mark, leaving Germans more fearful, and perhaps wise to, the damage runaway inflation can wreak on their country. Last month, Lagarde was branded ‘Ms Chanel’ over her spending on designer jackets, while ordinary Germans feel the economic pain under her financial stewardship. She had told the Frankfurter Allgemeine Zeitung newspaper that raising interest rates to counter ‘the current high level of inflation’ would be ‘wrong.’ As the effect of a rate rise would take 18 months to be felt, she believes that a hike would cause economic pain to deal with a problem that may yet prove to be temporary. And in a interview with German public service broadcaster ZDF, ECB member Isabel Schnabel said that that ‘November will prove to be the peak,’ for inflation, and ‘there is no evidence to suggest that inflation is spiralling out of control.’ But if inflation continues to rise, the ECB may soon start to lose credibility. This delicate economic balancing act also features a fast-changing political situation. The German Centre for European Economic Research has published a paper saying that ECB bankers from indebted EU states are using quantitative easing to bail out their insolvent governments. Meanwhile, the soaring cost of housing saw 56% of Berliners vote to expropriate 240,000 apartments from corporate landlords and return them to social housing. And after 16 years of power, Chancellor Angela Merkel is being replaced by a disjointed coalition of the Social Democrats, the Greens and the Free Democrats under Olaf Scholz. Climate protection is a major component of their coalition deal, in a country where coal is still the primary source of electricity. If the ECB decides to raise the base rate, the Euro will strengthen. But until then, volatility is all but guaranteed. Trade 100+ FX pairs with the UK’s No. 1 retail forex provider.* Enjoy fast execution, low spreads – plus we’ll never fill your order at a worse price. Learn more about our forex trading platform or create an account to start trading today. Charles Archer | Financial Writer, London 08 December 2021
  14. Hi @Coresead, Depending on the account opening team and if the application has all the information required the application process timeframe will vary. Could you please reach out to newaccounts.uk@ig.com, the account opening team will come back to you with the status on your application. All the best - Arvin
  15. Hi @NoComment, Effectively when order is partially filled the a commission will be deducted as an order went through. You might want to change your expiry from "Day" to Good 'til cancelled" You order won't close at the and of the trading day but will carry on until filled or cancelled on your end. With Good 'til cancelled there is no commission or fee at the end of the trading day, you will be charged only if your order is fully executed. I hope that it helps ! All the best - Arvin
  16. Hi @davidaaxyaaig, I deleted the attached picture as your account ID was visible. Could you please confirm that you do no have a drop down menu when you click on the word guaranteed under stop? Thank you - Arvin
  17. Hi @RayNik2020, With Spread bet accounts you can add Trailing stops (see example of SB account): You can find further information here. All the best - Arvin
  18. Hi @pdoisy, You can find the Touch ID feature on the Iphone once you open the app. At the bottom right hand corner "Account" then " Settings" at the bottom you will see "Touch ID Authentication" All the best - Arvin
  19. Hi @traderjoey, The exchanges you are mentioning are available on Leverage accounts. On share dealing account you will have access to : On leverage accounts CFD and Spreadbet: On Share dealing accounts I haven't heard about adding new countries. Share dealing rely on heavily on regulations for each country. I hope that it helps ! All the best - Arvin
  20. The DocuSign share price collapsed 40% on Friday, losing much of the ground it gained during the pandemic. As companies worldwide grapple with the novelty of hybrid working patterns, DocuSign's future is far from certain. Source: Bloomberg Indices Shares DocuSign Price Telecommuting Share price At its IPO on 26 April 2018, DocuSign (NASDAQ: DOCU) was initially priced at $29 per share. It raised $629 million, valuing the company at $4.4 billion. By 3 September 2021, the DocuSign share price hit a high of $310, a tenfold return for initial investors. Like most stocks with such high returns, a good portion of this success was down to luck. When the pandemic began in early 2020, the NASDAQ Composite index lost almost 3,000 points in the space of a month. Meanwhile, DocuSign was barely affected, instead rising to $264 by 19 February 2021, as globally enforced remote working massively increased demand for its online agreements and eSignature services. But it has been volatile over the past two years. It fell to $186 by 14 May 2021, before rising back to its $310 high. It’s been falling since, losing $50 even before Q3 results were reported last week. Then on Friday, the DocuSign (NASDAQ: DOCU) share price collapsed over 40%, as investors deserted the stock over weakened growth prospects. It fell from $232 to $137, erasing much of its pandemic gains. DocuSign share price: Q3 results At first glance, results were robust for the technology stock. Revenue rose 42% year-over-year to $545.5 million, with most of this income derived from subscriptions. Meanwhile, billings were up to $565.2 million, a 28% increase year-over-year. GAAP gross margin increased by five percentage points, from 74% to 79% since the same quarter last year. And free cash flow rose to $90 million, while cash and cash equivalents were $908.2 million by the end of the quarter. CEO Dan Springer commented that ‘third quarter revenue growth of 42% year-over-year and operating margin of 22% exceeded our expectations.’ He further believes that with ‘1.11 million customers worldwide, we are confident in the value DocuSign delivers in an increasingly digital anywhere economy.’ However, amongst this optimism, investors latched on to one sentence in his statement, that ‘after six quarters of accelerated growth, we saw customers return to more normalized buying patterns.’ The company predicts that Q4 revenue will be between $557 million and $563 million, while Refinitiv data shows an average analyst expectation of $573.8 million. In an earnings call with investors, Springer said that ‘the environment shifted more quickly than we anticipated.’ Source: Bloomberg Hybrid model? It appears that even if the Omicron variant causes further pressure to continue with remote working, DocuSign’s pandemic-driven hypergrowth may be over. In an investor note, JPMorgan analyst Sterling Auty said that ‘pandemic tailwinds came to a much faster than expected halt for DocuSign, catching the company off guard.’ But in an interview with CNBC, Springer said that the share price fall was an ‘overly strong reaction.’ However, he admitted that ‘we got to a place over the last year, year and a half where we were sort of fulfilling demand,’ rather than generating new demand. DocuSign’s valuation was built on expectations for continued high growth. Now that the stock appears to be moving into a consolidation stage, it's possible that the share price fall has simply returned the stock to its fair value. But Google has just pushed back an employee return to the office, saying that it needs to come up with a plan to develop a ‘stable, long-term working environment.’ However, Morgan Stanley Managing Director Chris O’Deir called young workers ‘nuts’ for not wanting to ‘be in the office all the time.’ With many employees prepared to resign over remote working conditions, it will take some time to determine whether remote working, a return to the office, or a hybrid model becomes the norm. If the remote working phenomenon continues beyond the pandemic, demand for DocuSign’s services is likely to increase. But a strong 'back-to-the-office' push could see a further share price fall. It’s worth noting that the NASDAQ composite as a whole fell by 344 points on Friday. Some of DocuSign’s fall can be ascribed to wider worries over a potential Federal Reserve interest rate hike, the Omicron variant, and fears over a potential market correction. But like fellow tech stock Zoom, DocuSign’s share price is going to be determined by the working patterns of the future. And unfortunately for investors, this variable is outside of its control. Go short and long with spread bets, CFDs and share dealing on 16,000+ shares with the UK’s No.1 platform.* Learn more about trading shares with us, or open an account to get started today. * Best trading platform as awarded at the ADVFN International Financial Awards 2021 Charles Archer | Financial Writer, London 07 December 2021
  21. Hi @Roger_xy, If the refer a friend section is not showing up on your Settings screen, it is likely that you are not eligible unfortunately. The Refer a friend scheme is available for leverage accounts. All the best - Arvin
  22. The FTSE 100 is up over 8% this year, and has almost recovered from the pandemic-induced mini-crash of March 2020. However, the Omicron variant is causing uncertainty over the index's direction next year. Source: Bloomberg Indices Shares FTSE 100 Investor Price Stock On 11 November, the entire FTSE 100 was worth 7,384 points, up 12.3% since the start of the year. But over the past month, the index has slipped to 7,122 points, as fears over the Omicron variant and potential interest rate rises have hit investors' nerves. Last year, the FTSE 100 collapsed 30% in the space of a month, from 7,404 points on 21 February, to 5,191 points on 20 March. Having now recovered much of this ground, investors now want to know where the index will go heading into an uncertain 2022. Some investors will continue to follow a FTSE 100 tracker fund. Warren Buffet is a great proponent of index investing, saying in this year’s Berkshire Hathaway meeting that ‘here’s a great argument for index funds.’ And plenty of investors who pick individual stocks do worse than the index average. But the situation right now is special. Either the Omicron variant sends the UK back into a healthcare crisis, or the economic recovery continues apace. And the outlook for individual FTSE 100 stocks is very different in these two scenarios, which is likely to tempt investors to try to beat the market. Of course, having risen so quickly over the past year, the index may simply reverse to the mean. 2022 could even be a year of relative stability. FTSE 100 boom stocks Travel stocks Rolls-Royce and IAG (British Airways and Iberia owner) are two strong candidates to boom if the economic recovery strengthens. At 132p, IAG is 71% below its pre-pandemic share price of 457p it was worth on 17 January 2020, while Rolls-Royce at 125p, is 89% below its 5-year high of 1,088p. And IAG is expecting a €3 billion loss this year, while Rolls-Royce is continuing with a £2 billion disposal program. Meanwhile, the Business Travel Association has described the requirement for expensive pre-departure PCR testing as a ‘hammer blow’ to the industry. But if restrictions are loosened soon, pent up demand for international travel could see both rocket in the new year. Lloyds could also boom if the economic recovery strengthens. It recently posted a £2 billion Q3 profit, almost double compared to the same quarter last year. A continued recovery should come with increased inflation, so the Bank of England will be more likely to raise the base interest rate. As the UK’s largest mortgage lender, its profits would soar on increased mortgage payments. And a rate rise would increase its profits more sharply than its competitors, as it has no international operations. Of course, rates may take some time to rise. MPC member Michael Saunders said on Friday that there are ‘particular advantages in waiting to see more evidence on (Omicron’s) possible effects on public health outcomes and hence on the economy… continued delay also could be costly.’ The fates of both Persimmon and Rightmove are also tied to the housing market. Persimmon delivered 10% more completions in 2021 than in 2020 and is currently paying out an 8.9% dividend yield. With the housing market red-hot, a small interest rate rise is unlikely to dent demand for the housebuilder’s property. Rightmove is the UK’s largest property portal and has extremely low operating costs due to its online nature. And at 738p, it’s up 18.8% in the past year. Hospitality stocks Compass Group, Whitbread, and Diageo are also stocks to watch. All three are significantly below their pre-pandemic highs, as demand for hotels, catering and alcohol is tied up with consumer confidence. But if the UK turns a corner over the winter, a hospitality resurgence becomes likely. Then there’s oil stocks BP and Shell. Both are recording record profits as the price of oil and gas continues to hit multi-year highs. For climate-conscious investors, they’re also investing heavily in green energy. Brent Crude is predicted to rise even further in 2022, which will deliver even more profits for shareholders — but oil prices can be unpredictable, in 2020, even hitting negative territory, as demand slumped in lockdown. And this could happen again Source: Bloomberg FTSE 100 defensive stocks Of course, there’s a pessimistic possibility that the pandemic is about to get worse. If the Omicron variant can evade the protection afforded by the vaccine roll-out to a sufficient degree, then very different FTSE 100 sectors will benefit. Healthcare stocks Reckitt Benckiser and AstraZeneca are two good examples. Reckitt Benckiser’s share price is up 2.5% in the past month, as demand for its Nurofen and Strepsils brands rises over the winter. Meanwhile, as the manufacturer of the UK’s home-grown vaccine effort, AstraZeneca’s share price would likely rise on international orders of vaccine booster jabs. Tesco is also a stock to watch if the pandemic surges. At 280p, its share price has soared 30% since March. And with a 27% market share, it’s the UK’s grocery market leader. The lockdown era saw its online offering soar, and a return to lockdowns could see revenues rise strongly again. Moreover, the supermarket giant is also a potential private equity buyout target after Morrisons was snapped up earlier this year. Vodafone and BT are also stocks to watch in a downturn. Vodafone is already seeking to profit from the EU’s €750 billion recovery fund and is seeing strong growth of its M-PESA Fintech venture in Africa. Meanwhile, BT has just signed on experienced new Chairman Adam Crozier, and the reintroduction of dividends and expansion of its Openreach network could both send the stock higher next year. Mining stocks have also historically done well during economic downturns. While the likes of Rio Tinto, Evraz, and Anglo American might all be smart choices, one to watch is Glencore, due to having one foot in oil and the other in the mining industry. Gold and silver miner Polymetal International is also a stock to watch. While its share price is down 26% year-to-date, this is largely down to the falling gold spot price. In recessions, demand for gold and silver rises, and Polymetal’s share price could rise with it. Of course, if the economy rebounds, demand for precious metals will continue to fall. Finally, British American Tobacco is also a popular choice as a defensive stock. It’s been one of the highest yielding stocks on the FTSE 100 for years, as the addictive nature of nicotine means that demand for its products stays stable regardless of the economic situation. While tobacco use is falling globally, it owns six out of 10 most valuable tobacco brands. Of course, there’s an ethical factor when it comes to investing, and some may be uncomfortable including the stock in their portfolios. Whether there’s a boom, a crash, or a period of calm in 2022, there will be winners and losers. Omicron or another variable could blow the FTSE 100 off course in 2022. Or the recovery could strengthen significantly. But wherever clients decide to put their money, there’s plenty of choices at IG. Trade what you want, when you want with the UK’s No.1 trading provider.* We have over 80 top global indices with more trading hours than anyone else. Find out more about indices trading or open an account to trade now. *Based on revenue excluding FX (published financial statements, June 2020). Charles Archer | Financial Writer, London 06 December 2021
  23. Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 6th December 2021. These are projected dividends and likely to change. IG cannot be held responsible for any changes made. Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. Amount in brackets is the expected adjustment after special dividends excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video. NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account. Special Dividends: Index Bloomberg Code Effective Date Summary Dividend Amount RTY CXP 7/12/2021 Special Div 2.17 RTY UVE 9/12/2021 Special Div 0.13 RTY FIZZ 10/12/2021 Special Div 3 RTY PSB 14/12/2021 Special Div 1.05 RTY UTMD 14/12/2021 Special Div 2 SPX EOG 14/12/2021 Special Div 2 How do dividend adjustments work? This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
  24. Hi @TradeMark, There is no limit for bank withdrawals, for card withdrawals it is 200k ZAR. All the best - Arvin
  25. Hi @funi18@Tywini, The IG IT team has escalated the issue with MT4 Team to be fixed. It is a work in progress at the moment. Alternatively you can trade on the IG platform directly on the web based platform or IG app. Thank you for your patience - Arvin
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