Daily Mail market report - stock watch17 Nov 2022 23:27
“Harland and Wolff will build naval ships for the first time in almost 20 years.
The Belfast shipyard, which built the Titanic, has been appointed as the preferred bidder along with Navantia UK and naval architect BMT for a lucrative £1.6billion contract with the Royal Navy.
The consortium will build three ships, creating 1,200 UK shipyard jobs.
Around £77million will be invested in Harland & Wolff’s sites from Northern Ireland to Devon.
The shares surged 33.5 per cent, or 6p, to 23.9p.“
In my experience making this section usually leads to a rise in volume and a rise of 30-50% the next day as a lot of people check out the market report so it reaches a lot of new people who wouldn’t have otherwise been aware of yesterdays huge news. Let’s see what happens tomorrow.