RE: Dow,cable,Q1...gonna be an interesting morning....27 Apr 2022 08:21
This is exceptional result. Expectations was they will be down by 20 to 25%, but actually increased their revenue and profit after tax is decent. Shows the UK market is significantly undervalued. Personally, I expect some inflow of capital in the UK banking, technology and retail sector given the exchange rate of pound to dollar. Watch this for next two weeks. Expect rerating of some stocks in UK technology and banking sector.