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ArvinIG

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  1. Hi CedyB, There is no App for laptops ( Mac or Windows) you will need to open a web browser, preferably Google Chrome and go on IG.com to login. You do not need to download anything. All the best - Arvin
  2. Hi Magdalena, If your experience/wealth have not been met it means that your application has been rejected. You can reach out to heldesk.uk@ig.com for further details. All the best - Arvin
  3. Hi Ravinder, Please send your request to helpdesk.uk@ig.com. You can download your transaction history from My IG > Live Accounts > History, from there you will be able to work out the amounts you are after. All the best - Arvin
  4. Hi Marco, It is likely that the chart fee is in relation to ProRealTime : https://www.ig.com/uk/help-and-support/charts/prorealtime-charts/how-does-the-prorealtime-fee-and-rebate-work Please go to My IG > Settings > ProRealTime check if the chart is activated. If you need further assistance please contact helpdesk.uk@ig.com. All the best - Arvin
  5. The pandemic has brought both disruption and innovation to the cosmetics and beauty industry, plus unique opportunities for traders and investors. Check out some attractive cosmetics stocks to buy, short and invest in now. Source: Bloomberg Shares Cosmetics Estée Lauder Companies Coty Inc. Unilever Brand What's on this page? 1. Five cosmetics and beauty stocks to watch 2. How to trade or invest in cosmetic stocks 3. What you need to know about the cosmetics and beauty industry Five cosmetics and beauty stocks to watch Unilever Kao Corporation Coty Inc. L'Oréal SA Estée Lauder Unilever London Stock Exchange (LSE) listed powerhouse Unilever is perhaps not the first name you’d associate with cosmetics. However, in 2017, it created a new company called Unilever Cosmetics International, housing some of the company’s beauty brands, including Tom Ford fragrances and Calvin Klein fragrances and cosmetics. Unilever also has under its umbrella the Prestige Group, a subdivision for other higher-end cosmetics brands, including Dermologica, Living Proof and Kate Somerville. It also owns Dove, Axe and Brut, making the company a force to be reckoned with in the fragrance space as well. During the first quarter (Q1) of 2021, the company’s beauty products category grew by 2.3% and, interestingly, the Prestige Group showed strong sales as the self-care trend swept a self-isolating globe. This was on top of Unilever already reaching its pre-pandemic sales growth figures by the first week of February, weeks before the end of Q1 2021.1 Unilever has also announced that it aims to increase future profits by spending over €1 billion in various strategies, such as the very on-trend expansion of its cruelty-free, plant-based beauty products. Trade Unilever Kao Corporation Japanese company Kao Corporation is one of the biggest beauty and cosmetics players in the world, owning well-known brands such as Kanebo, Bioré, John Frieda, Molton Brown and more. Much like Unilever, the business is well known for its bullish acquisition of cosmetics brands. However, Kao is even more storied, tracing its roots all the way back to 1887. With its mighty market cap of over ¥29 billion, Kao outstrips even Unilever in size. This didn’t shield the company from having a rocky 2020 though, with revenues of its cosmetics business dropping over 22% compared with financial year 2019 (FY2019).2 The company also has a sizable Kao Salons division, which also suffered in the wake of the year’s quarantines. However, Kao’s many other businesses, especially those producing hand sanitisers and home cleaning items, bolstered its performance. Kao Corporation has said it’s putting a significant investment into its cosmetics business, despite 2020 losses, and in particular is overhauling its ‘digital offering’. This is to make a compelling new e-commerce functionality available – a move sure to be greeted with enthusiasm by an increasingly online shopping world. Another thing that bodes well for Kao is its often pioneering social conscience, with its zero carbon dioxide (CO2) emissions by 2040 plan and being one of the world’s most ethical companies for the fifteenth year in a row.2 Research has shown this to be vital for the very influential Generation Z consumers, a fact Kao seems well placed to benefit from. Trade Kao Corporation Coty Inc. American fragrance, hair and cosmetics conglomerate Coty Inc. is home to a number of brands, famous for owning Kylie Cosmetics, Rimmel, Wella, CoverGirl, Clairol, Max Factor and more. Coty’s recent results show a disruption from Covid-19, due to the decreased use of cosmetics and fragrances with the prevalence of self-isolation. Its latest results show an overall decrease in revenues of 3.3%, including a mass net decrease in sales of 14.3%. However, the company’s e-commerce business and Asia sales rose over 30%, plus prestige brands showed a 6.5% increase in revenue.3 Partially, this was due to the company owning the license for Burberry fragrances and cosmetics. While Burberry’s fashion line took a predictable beating from the pandemic, its 2021 Q1 results showed the company’s beauty sales, under the division of ‘children’s, beauty and other’, reported an increase from £127 million in 2019 to £144 million in 2020.4 Coty has also said that it expects to end the summer with net revenues somewhere between $4.5 billion and $4.6 billion, plans for which include a high-profile relaunch of Kylie Cosmetics. Source: IG charts Trade Coty Inc L'Oréal SA L'Oréal is a name that needs no introduction, the French cosmetics and hair care giant is more than a 110 years old. The beauty brand showed its staying power in its latest results, going from a 4% drop in overall sales figures in 2020's Q1 to a 10.2% increase in 2021's Q1, mostly from skincare lines like Lancôme and Kiehl’s. However, most impressive in these results is a glamorous 47% increase in e-commerce sales over the same period, , as digital shopping becomes increasingly popular.5 The company seems keen to keep this momentum going, with recent releases announcing new eco-refill packaging. There are also plans to capitalise on its 2018 acquisition of the beauty and fragrance arm of fashion house Valentino, with a roll-out of new Valentino stores in the US. L'Oréal seems well placed to continue to give its shareholders dividends. Trade L'Oréal SA The Estée Lauder Companies Inc One of the oldest and largest US beauty brands, The Estée Lauder Companies Inc owns many of the world’s most famous cosmetics and fragrance names, from Clinique to Tommy Hilfiger, Jo Malone, Bobbi Brown, La Mer and, of course, the eponymous Estée Lauder. The company’s latest results of 2021's quarter three (Q3) showed a profit of $456 million, compared with a net loss of $6 million in the same quarter in 2020. This was largely due to an increase in sales for Estée Lauder, La Mer, Jo Malone London, Clinique, and Tom Ford cosmetics, as well as double-digit growth for these in Asia specifically. Both earnings and sales figures were ahead of analysts’ expectations and forecasts were rosy. The company forecasted a net sales increase of 11% to 12% for 2021.6 Reported diluted net earnings per common share are also projected to be $5.48, approximately. Trade Estée Lauder Companies How to trade or invest in cosmetics stocks Research which beauty and cosmetics stocks you want to trade Carry out analysis on that stock – both technical and fundamental Practise your trading strategy with an IG demo account, or create a live account and start trading cosmetics stocks on our award-winning platform7 You can invest in US stocks commission free and UK stocks from as little as £3 with our share dealing service,8 or trade on their prices using spread bets or CFDs. What you need to know about the cosmetics and beauty industry Cosmetics stocks is a broad term for companies selling makeup, toiletries, hair products, perfumes and even feminine hygiene products. It’s a huge industry, estimated to be worth over $500 billion globally. Cosmetics is a small pond, with the vast majority of brands all belonging to a handful of ‘parent companies’. These include The Estée Lauder Companies, L’Oréal and Coty. Cosmetics stocks have had a mixed bag in 2020 and 2021, with some performing well while others were disrupted by the pandemic. Traditionally, cosmetics stocks are governed by the so-called ‘lipstick index’. This means that, in tough economic climates, certain luxury items such as lipstick will do well as people ‘treat’ themselves with smaller items, while cutting back on larger splurges like holidays. The pandemic certainly caused a dip in lipstick sales, as surgical and cloth masks became the norm, but caused strong growth in other cosmetics such as eye makeup and skincare. Best cosmetics and beauty stocks summed up Some beauty stocks have suffered during the pandemic, including makeup brands and salons. Others, like self-care stocks, luxury skincare and hair care, have flourished in the stay-at-home environment Many beauty stocks have recovered from the disruption of the Covid-19 pandemic and are reporting, or forecasting, a rise in profits during 2021 so far The big parent companies of the beauty stocks world look well placed to make good revenues (and returns for investors) for 2021 and 2022 You can invest in cosmetics stocks with our share dealing service, or speculate on their prices using spread bets or CFDs Sources 1 Reuters, 2021 2 Kao Corporation, 2021 3 Burberry Group, 2021 4 Beauty Packaging, 2021 5 L'Oréal SA, 2021 6 Yahoo Finance, 2021 Footnotes 7 Awarded ‘best finance app’ and ‘best multi-platform provider’ at the ADVFN International Financial Awards 20208 Deal three or more times in the previous month to qualify for our best commission rates. Katya Stead | Financial Writer, Johannesburg 02 August 2021
  6. As US payments giant Square moves to acquire Afterpay, we take a closer look at the most important implications of this proposed deal. Source: Bloomberg Shares Takeover Price United States Cash Investor It looks as if we’re at the end of an era. On Monday, 2 August, the US-listed payments giant Square (SQ) revealed that it had entered into an agreement to acquire Afterpay (APT) in a deal valued at US$29 billion or AUD$39 billion. Afterpay share price in focus The Afterpay share price skyrocketed in response, opening a shade below the takeover price, at $124.00 per share. The stock would drift lower as the session wore on as investors mulled the deal, closing Monday up 18.77% at $114.80 per share. Square investors appeared equally enthusiastic about the prospect of the combined company, with the stock closing out Monday's US session up 10.16% to US$272.38 per share. Commenting on the deal, IG Market Analyst, Kyle Rodda, yesterday said: ‘In any takeover, especially between one very large company and another rapidly growing one, the first question to ask is what synergies might each or either company see created by the acquisition.' ‘Given increased growth and competition in the payments space, Square Inc is looking to find a market leader, with a proven history of growth, ample data, strong brand to leverage its broader service offering, and ample network effects,’ Mr Rodda added. Implications of the deal The primarily all scrip deal will see Afterpay shareholders receive a fixed exchange of 0.375 Square shares – which at the time of the announcement sat at US$247.26 per share – for every Afterpay share currently held. At the time of Square’s initial offer, such a swap implies a takeover value of approximately $126 per share – or AUD$39 billion. Importantly however, with the Square share price surging overnight off the back of this announcement, the takeover bid for Afterpay just got a little juicier. This is counter to the share price weakness the market seems to have been expecting on Monday, when Afterpay traded at a moderate discount to the offer price. The agreement specifies that Square has the option to pay for 1% of the acquisition in cash. Elsewhere, Square said that it has agreed to establish a secondary listing on the ASX. Once listed, Square, inclusive of Afterpay, would surely be a force to be reckoned with, given the payments company’s market capitalisation stands at over US$120 billion and the initial takeover offer valued Afterpay at US$29 billion. Against FY20 revenue levels, the initial takeover bid implies a transaction sales multiple ~40x. Does history favour the bold? The deal – which would ultimately see close to 20% of Square owned by Afterpay investors – is a bold play by any step. Yet Square’s rationale seems to have as much to do with business synergies as it does with values alignment. Indeed, while Afterpay is expected to help boost Square’s 'gross profit growth', it is also likely to negatively impact the company’s Adjusted EBITDA margins, during the early stages of the acquisitions, management said. Such short-term considerations appear less important to both company's management teams than providing better outcomes for consumers, with it being noted that the combined group will be well placed for both companies 'to better deliver compelling financial products and services that expand across to more consumers and drive incremental revenue for merchants of all sizes.' But beyond building better financial products and growing the company at a faster rate, Jack Dorsey – Square’s CEO and co-founder – stressed the importance of the value alignment between both companies. 'Square and Afterpay have a shared purpose. We built our business to make the financial system more fair, accessible, and inclusive, and Afterpay has built a trusted brand aligned with those principles.' Mr Dorsey added that 'Together, we can better connect our Cash App and Seller ecosystems to deliver even more compelling products and services for merchants and consumers, putting the power back in their hands. From a Board-level, it was noted that Square would appoint one member of Afterpay’s team to the Square Board. FY21 results in focus Beyond the acquisition announcement, on Monday, 2 August, Afterpay simultaneously released its FY21 full-year results. On the top-line, fiscal 2021 proved to be a blockbuster result for the company, with Afterpay reporting total underlying sales of $21.1 billion (+90%) and $22.4 billion (+102%), on a constant currency basis. Management had previously set a target for $20 billion in annual sales by the close of FY22 – with today’s results representing an early beat on those lofty ambitions. Volumes were driven primarily by growth in Afterpay’s US business, with underlying sales surging 177%, to come in at $9.8 billion. By comparison, the company's Australian operations slowed considerably, growing 44% year-on-year to come in at $9.4 billion. Clearpay rounded out those results, booking underlying sales of $1.8 billion. This translated into strong revenues of $925 million (+78%) or $978 million (+88%) on a constant currency basis, while gross profits hit $675 million. Elsewhere, the strength of Afterpay's flywheel remains intact: active customers tipped over the 16 million mark by the close of the year, while active merchants were onboarded at an even more accelerated pace, rising 77% to come in at 98.2 thousand by year's end. Finally, speaking to the strength of the Afterpay ecosystem, the company proudly reported that over the last 12-months the top 10% of its customer-base, on average, transacted with Afterpay around 32 times. Region-by-region, the economics remain most impressive in Australia & New Zealand, with the top 10% of customers on average transacting with Afterpay ~62 times annually, compared to North America: ~25 times annually, and the UK: ~34 times, annually. Management did not provide FY22 guidance or an outlook as part of the full-year update. What's your view on the BNPL sector? Whatever you think, you can use CFDs to trade both rising and falling markets, through IG’s world-class trading platform now. For example, to buy (long) or sell (short) a stock using CFDs, follow these easy steps: Create an IG Account or log in to your existing account Enter <company name> in the search bar and select it Choose your position size Click on ‘buy’ or ‘sell’ in the deal ticket Confirm the trade Alternatively, you can invest in shares directly through our share trading service. Rumours & speculation? The fact that Afterpay wasn’t bid closer to the $126 level on Monday does raise some questions. Will there be opposition on the deal, from either shareholders or regulators? Or are investors not happy with the all-scrip, ‘no’ cash deal? It should be noted that with Square surging 10% on Monday (US time), the implied deal value has changed moderately Or, could there be another company keen to acquire Afterpay? As is typical, it was noted that Afterpay’s Board unanimously endorses the offer – save for the appearance of a better offer or the conclusion from an independent auditor that the transaction is not in the best interest of shareholders. Analysts from RBC argue that such a counter-bid is unlikely to emerge, saying: ‘Given the nature of the SQ business and their Merchant and Consumer ecosystem, we see few realistic competing suitors beyond the major technology giants, given Klarna, Affirm, and PayPal’s native interests in BNPL would effectively see them purchasing customers, should they lob a competing bid.’ Other analysts, such as those at Citi, described Square’s offer as both low and surprising. ‘Given we are still early in the BNPL penetration story, we see the timing as surprising and also see the offer price as low.’ Despite that, the investment bank acknowledged the relative strength of the combined Square-Afterpay entity, saying: ‘We see the strategic value in Afterpay combining with Square’s Cash App and Seller ecosystem and see the combined business as being in a much stronger position to succeed, especially in the US.’ The transaction, if it faces no roadblocks, is expected to be completed during the first quarter of 2022. Shane Walton | Financial Writer, Australia 03 August 2021
  7. Hi @steveccc, You will need to send an email to helpdesk.au@ig.com with your account details and a request to delete your TFN. Once done you will be able to add the new one on the platform directly. All the best - Arvin
  8. Hi @DavidDPJ @esspeegee, The Trade Analytics feature is now back online and functional. Thank you for your patience - Arvin
  9. Hi @ssha, please reach out to helpdesk.au@ig.com with your account details and screenshots. They will be able to check you settings and assist you further. All the best - Arvin
  10. Hi @spsbv, The P/L does not include the commission only your opening and current level. All the best - Arvin
  11. Afterpay shares are surging this morning, after Jack Dorsey’s Square and the company announced an acquisition of the buy-now-pay-later company. Source: Bloomberg Indices Shares Stock Price Day trading Valuation As stated in the joint press release by the two firms, “the transaction has an implied value of approximately US$29 billion (A$39 billion) based on the closing price of Square common stock on July 30, 2021, and is expected to be paid in all stock”. The Afterpay Holdings Limited board has unanimously endorsed the acquisition. In any takeover, especially between one very large company and another rapidly growing one, the first question to ask is what synergies might each or either company see created by the acquisition. It’s likely that, given increased growth and competition in the payments space, Square Inc is looking to find a market leader, with a proven history of growth, ample data, strong brand to leverage its broader service offering, and ample network effects. For Afterpay, it appears the company’s management sees this as an ideal time to sell the business, with an increasingly competitive buy-now-pay-later space (PayPal Holdings Inc (All Sessions) and Apple Inc have recently flagged their intentions to launch similar services) meaning growing market share and revenues independently will be more difficult in the future. The deal won't be finalized until early 2022 However, the company’s share price has already rocketed this morning. The implied valuation by square for Afterpay stock is around $126 per share. That puts the price at a roughly 30% premium to where it closed on Friday the 30th of June, at around $96. Already in early ASX trade, the stock has traded at an intraday high of $125, before sliding slightly as the morning has unfolded. Want to trade Afterpay? Create an IG trading account or log in to your existing account to get started now. Source: IG charts Kyle Rodda | Market Analyst, Australia | Publication date: Monday 02 August 2021 11:06 Prices above are subject to our website terms and agreements. All share prices are delayed by at least 20
  12. Hi @spsbv, The pricing is live unless indicated otherwise. You can send an email to helpdesk.uk@ig.com with a screenshot and clarification on what do you mean by extra section. The helpdesk team will be able to answer your question precisely. All the best- Arvin
  13. Hi @MikeRob, The Australian statements were released last week. You should have received one if you received dividends during the 2020-2021 financial year. You can find your transaction history in for EOFY 2021 in My IG > Live Accounts > History. All the best - Arvin
  14. Hi @Bnjmntcknr, I can see that your documents have been uploaded. Your account should shortly be active. Could you please send an email to helpdesk.au@ig.com, they will be able to provide you with an update on your account. All the best - Arvin
  15. Hi @Mardi, Bitcoin is available 24h/24h the only time when you won't be able to trade is when IG is doing it's data back-up on Saturday mornings. All the best - Arvin
  16. Robinhood faced heavy selling pressure during its first day as a public company, falling 8.37%, to finish Thursday’s session at $34.82 per share. Source: Bloomberg Forex Shares Robinhood IPO Stock Price Robinhood’s IPO reception Robinhood’s first day as a public company was likely not what investors were hoping for. After pricing its initial public offering (IPO) at $38 per share, the stock would lag throughout Thursday’s session, finishing out the day below the IPO price at $34.82 per share. At those price levels, Robinhood is valued at close to $30 billion, and trades on a relatively demanding sales multiple. The company trades under the ticker HOOD on the Nasdaq. Democratising finance Robinhood’s mission is both simple and memorable: with the company's stated aim to 'democratise finance' for all. That is the messaging found in many of the company’s media releases and was front and centre as part of the IPO prospectus. Ultimately, commission free trades, a slick app, access to options trading, and a mission that resonates with clients – have seen users rush to the platform in recent years. Robinhood’s operational results have also surged in response. That is well reflected in the company’s 2020 results – revealed as part of the IPO prospectus. As with many online trading companies, 2020 was a boon for Robinhood, with the company seeing its revenue grow 245%, coming in at $959 million. On the bottom-line, net income swung from a heady loss in 2019 to a gain of $7 million in 2020, while adjusted earnings (EBITDA) came in at $155 million. Those trends were maintained as we entered the 2021 calendar year. For the three months ended March 31, the company saw its revenue growth accelerate even further: up 309% to $522 million. And on a per user basis, average revenue per user hit $137.0, well ahead of 2020 levels. Adjusted EBITDA was $115 million, representing another milestone for the company. Even so, Robinhood reported a somewhat shocking net loss of $1.4 billion. To be fair, this was due to 'a $1.5 billion fair value adjustment to our convertible notes and warrant liability.' Yet one point that traders and investors should be aware of is just how concentrated some of this growth is. Indeed, Robinhood made a specific point to highlight just how much of its recent net revenue were driven by cryptocurrency transactions – in the IPO prospectus. Illustrating that point, for the March quarter, a significant 17% of total revenues were derived from cryptocurrency transactions. Startlingly however, some 34% of those crypto revenues were derived from just Dogecoin transactions. Painting a picture of an uncertain future, management noted that the: ‘Business may be adversely affected, and growth in our net revenue earned from cryptocurrency transactions may slow or decline, if the markets for Dogecoin deteriorate or if the price of Dogecoin declines, including as a result of factors such as negative perceptions of Dogecoin or the increased availability of Dogecoin on other cryptocurrency trading platforms.’ Robinhood share price outlook With the stock listing just yesterday, 29 July, analyst coverage on the name is thin. The one analyst currently covering the stock – John Heagerty from Atlantic Equities – has a $65 price target on Robinhood, suggesting the expectation of significant upside from the stock’s last close. Additional sell-side coverage on Robinhood will likely emerge in the coming days and weeks. Watch this space. What’s your view on Robinhood? Take a long or short position today. Go short and long with CFDs on more than 16,000+ shares with our award-winning platform.* Learn more about trading shares with us, or open an account to get started today. Shane Walton | Financial Writer, Australia 30 July 2021 * Awarded ‘best finance app’ and ‘best multi-platform provider’ at the ADVFN International Financial Awards 2020.
  17. Lumber has suffered massive losses over recent months, yet historical trends highlight the potential for another bullish surge this year. Source: Bloomberg Lumber Market sentiment COVID-19 pandemic in the United Kingdom Lumber valuations axed after incredible pandemic rally Lumber has gone from one of the bigger pandemic outperformers to simply an example of incredible volatility, with the price falling 70% in the two-months following the May peak of $1711.88. On the supply-side, the huge surge in prices appears to have come as a result of the supply constraints emerging off the back of Covid-19 restrictions and lockdowns. Meanwhile, the surge in government spending and lockdown DIY demand saw the market tighten further. However, with restrictions easing, both sides of that dynamic appear to have eased over recent months. Nonetheless, with the US looking likely to approve a $1 trillion infrastructure package and house prices continuing to rise thanks to rock bottom rates, there is a good chance we will see prices turn higher before long. Long-term trend highlights move towards key support The monthly chart highlights how this capitulation has brought the price back down towards the crucial October 2020 swing low of $460. A break below that threshold would point towards a potential move back down towards the wider ascending trendline. However, whether we do see a break below that $460 threshold or not, any weakness over the coming months are likely to provide another buying opportunity given the long-term uptrend in play over the past 13-years. Source: ProRealTime The weekly chart highlights the break back into oversold territory in July. While an oversold reading does not necessarily result in a buying opportunity, the past two rallies up out of that zone have provided timely signals that Lumber was about to surge higher. With the stochastic crossing over this week, there is a good chance we are gearing up for such a bullish signal. Source: ProRealTime From an intraday perspective, we can see the potential for a bullish reversal here. Today’s rally comes after a pullback into the 76.4% Fibonacci support level. Crucially, the descending trendline and $732 resistance level provide key hurdles which have to be overcome to bring about a more bullish picture for Lumber. Source: ProRealTime Seasonality chart brings optimism for the bulls From a seasonality perspective, we can see that the fourth quarter (Q4) typically provides a particularly buoyant period for Lumber prices. However, that comes off the back of a relatively dramatic decline in September. Could this point towards another leg lower to bring price into the longer-term ascending trendline before we rise once again? Perhaps. However, what we can see is that a sharp eradication of the year’s gains in the second half of the year is not abnormal. That reversal historically results in a bullish reversal to regain lost ground and bring us back into a positive end to the year. Thus whether we do see further short-term downside, this current pullback is in fact part of a seasonal trend that typically resolves in a dramatic recovery towards the end of the year. Source: EquityClock.com Finally, transmitting that seasonality onto price action, we can look at the quarterly chart to see how this has played out specifically throughout the 13-year uptrend. The vertical lines have been drawn on Q4, which the graph above highlights as the best three-month period for Lumber. Undoubtably, we have seen an impressive trend of outperformance in Q4 over the years, with nine of the past 12 Q4 periods ending in the green (75%). Notably, those three quarters where Lumber did lose ground were minimal in nature (>5% downside). With this in mind, there is good reasoning behind the idea that the losses we are seeing over recent months could soon enough bring another major buying opportunity for the bulls to come back into dominance. Soruce: ProRealTime Joshua Mahony | Senior Market Analyst, London 30 July 2021
  18. Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 2nd August 2021. 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 SHEN US 3/08/2021 Special Div 18.75 RTY GSHD US 6/08/2021 Special Div 1.63 RTY JBSS US 9/08/2021 Special Div 2.3 SPX COF US 6/08/2021 Special Div 0.6 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.
  19. Hi @POMTOM, You will need to make sure that you are not sharing any personal information and account details. I will ask the compliance team if that would be possible and come back to you when I have a reply. All the best - Arvin
  20. Hi @DavidDPJ, If you go to My IG > Live accounts > History > Transactions > Date > 3 days. Do you have these transactions showing up? If not please contact our support at helpdesk.uk@ig.com for further assistance. All the best - Arvin
  21. Hi Pritesh, If you right click on the chart on the platform you will see the price option. You can then adjust what price you would like to display, by default the Mid price is displaying. I hope that it helps ! All the best - Arvin
  22. Hi @akaBruce, There is no marker or indicator on the chart or platform showing that there was a split. You can find this information on the news or online. Otherwise for Corporate action such as Right issues, the Corporate Action team will send you an email with all the details and your options. All the best - Arvin
  23. Find out what to expect from Uber’s earnings results, how they will affect Uber share price, and how to trade Uber’s earnings. Source: Bloomberg Shares Uber Price Share price Ridesharing company Relative strength index When is Uber’s results date? With the FAANG+MT (Facebook, Apple, Amazon, Netflix, Google, Microsoft and Tesla) earnings results out of the way, attention will be turning to smaller (though still significant) tech companies like Uber, which will be releasing its figures on Wednesday, 4 August. Uber share price: forecasts from Q2 results But unlike the FAANG stocks, profitability has always been an issue when it comes to the ridesharing companies, even if Uber is aiming to achieve profitability by year end, on an adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) basis. Its optimism regarding achieving that goal might have to wait a bit longer, testing investors who had they purchased its shares at the start of the year would be in loss. Expectations last time around in Q1 were for an earnings per share (EPS) reading of -$0.54 (source: finance.yahoo.com), and the clear beat of -$0.06 last time around was noted while revenue was a miss. The issue was that the much smaller Q1 loss of $108 million instead of the near billion dollar loss in Q4 2020 was due to the $1.6 billion gain from the sale of its self-driving unit for $1.6 billion, something it can’t repeat this time around. And when it comes to Q2, estimates are pointing to another quarter of losses with an EPS of -$0.51. Analysts are mostly holding a buy rating with a handful in the hold and a tiny minority in the sell category, for a clear majority long bias that’s been tested on the latest share price moves. Their average Uber share price target is also higher than where its share price currently resides, and above the lower end of the target. It’s a somewhat familiar story for its competitor Lyft, but where more have a hold recommendation and with an average price target (of over $69) similar to Uber, only with a higher current Lyft share price means there’s less upside potential towards reaching that target. There have been a few factors to consider for future earnings and/or its share price: Reports according to Consumer news and business channel (CNBC) that SoftBank plans to sell one-third of its Uber shares to cover losses in ride-hailing DiDi sending share prices lower Uber’s trucking division to purchase Transplace in a $2.25 billion deal using $750 million worth of common stock of Uber, and the remainder in cash September’s expected end to enhanced unemployment benefits crucial to see how it’ll change the return of workers who might otherwise be disincentivised with demand currently for drivers above supply translating into longer wait times and higher prices There’s also car prices and semiconductor shortages making any conversion to ridesharing pricier than pre-Covid-19 costs. Trading Uber’s Q2 results: technical overview and trading strategies The technicals haven’t been too kind when it comes to Uber’s share price, spending much of it within the $40 to $54 ranges over the past few months or so in what would be described as a consolidatory technical overview, its price beneath most of its key long-term weekly moving averages (MA), a non-trending average directional movement index (ADX), directional movement index (DMI) crosses that have failed to offer much follow-through, and prices at the lower end of the Bollinger Bands that thus far has largely held. Prices that are close to key technical indicators who in turn are close to each other usually means plenty of false signals, and we’ve been getting plenty of that here. A similar picture is seen on the daily chart, where more negative technical bias is present, a negative DMI cross occurring last week and its relative strength index (RSI) crossing into oversold territory. Conformist strategies befitting its consolidatory technical overview involves reversal strategies off of its key support and resistance levels, waiting for levels to breach first to avoid getting stopped out on the initial move, especially if volatility should pick up. Those expecting the fundamentals to push prices to a new zone and a shift in its current technical overview can consider breakout strategies, opting to buy at the 1st resistance or sell on a break of the 1st support level for a move towards 2nd levels or beyond. Source: IG Uber weekly chart with ADX, DMI, RSI and MA Source: IG charts IG client sentiment* and short interest for Uber shares When it comes to retail sentiment, like with nearly all the main tech stocks, it has been a consistent extreme buy bias, and for Uber shares unchanged since the start of last week at 91%. Clear beneficiaries on gains in its share price above where it was at the start of the pandemic, but fresh buys stuck on the pullback from the $65 level witnessed in the first quarter. As for short interest data (according to shortsqueeze.com), 4.6% of floated shares are shorted, for a total of about 70 million, down 6% from a previous 74.6 million shares shorted. It has risen since the last quarter when we did the Uber and Lyft earnings preview, as it was 65 million for the former putting short interest at a lower 4%. A similar story for its competitor Lyft, short interest rising from nearly 10% at the start of May to nearly 11%. Source: IG *The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%, as of today morning 8am for the outer circle. Inner circle is from the previous trading day. Monte Safieddine | Market analyst, Dubai 30 July 2021
  24. Hi @shopvegn, I have requested for these stocks to be added, they are now live on the platform. All the best - Arvin
  25. We highlight five things that investors and traders need to know on Wednesday, 28 July. Source: Bloomberg Forex Indices Shares China Federal Reserve Apple Inc. Wall Street stocks end win streak on China tech jitters Wall Street snapped a five-day win streak overnight, after yesterday’s volatility drove a drop in big-tech stocks. US listed Chinese companies plunged, dragging with them the broader tech-space, as the regulatory crackdown from Chinese authorities on its private sector forced portfolio managers to liquidate tech exposure in their portfolios. The US Tech 100 ended the night’s trade 1.21% lower, though the index did finish off the day’s lows, with investors “buying the dip” at its 20-day moving average. Source: TradingView Apple, Microsoft and Alphabet post mixed results The negativity towards US tech stocks continued after the closing bell, after Apple Inc, Microsoft Corp (All Sessions) and Alphabet Inc - C (All Sessions) delivered its quarterly results. Though all three beat earnings and revenue estimates, only Alphabet shares rallied in post market trade. Apple shares dropped after the company refrained from giving guidance and warned of slowing growth and further supply constraints. While Microsoft shares fell after the company flagged a slowdown in its Azure cloud services business. Australian CPI data Quarterly CPI dropped in Australian today, and showed a very strong result. Prices were shown to have expanded by 3.8% on annualised basis, exceeding the 3.5% consensus estimate. The reaction in markets was muted however, with the AUD/USD dropping following the data, with market participants seeing the high inflation as mostly due to temporary factors. The stronger inflation pulse is also considered unlikely to influence the Reserve Bank of Australia policy, given the major hit to future growth from the recent lockdowns in New South Wales. Source: ABS ASX200 Nervousness in broader financial markets has put Australian investors on the back foot today, as Wall Street’ weak lead overnight, caused by concerns regarding China’s crackdown on its tech sector, keep investors on their toes. The Australia 200 has pulled back from record highs, in a day’s trade that has seen every sector trade into negative territory, with the IT sector unsurprisingly the market’s biggest underperformer. Markets turn attention to US Federal Reserve meeting Focus turns in markets now to tomorrow morning’s US Federal Reserve meeting, at which the central bank is tipped to keep policy unchanged. With the policy outcome all but certain, the interest in this meeting is in what the Fed says about its policy settings going forward. After last month’s so called “hawkish pivot”, market participants are looking for clues about the timing of QE-tapering and rate hikes, especially as some concern has developed in recent weeks that the US economy’s expansion could be slowing down. Do you have a view on the markets? Whatever you think, you can use CFDs to trade stocks and other assets, through IG’s world-class trading platform. For example, to buy (long) or sell (short) a variety of local and international stocks using CFDs, follow these easy steps: Create an IG Trading Account or log in to your existing account Enter <Company name> in the search bar and select it Choose your position size Click on ‘buy’ or ‘sell’ in the deal ticket Confirm the trade For investors not looking to trade stocks, you can invest in shares directly through our share trading service. Kyle Rodda | Market Analyst, Australia 28 July 2021
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