Month: June 2020

Is the recovery set to continue?

This is the very first in what will be a weekly spherical-up by our tech guru Richard Jeans

The debate rages on whether or not we are in a bear industry rally, or if the restoration will carry on on the back of ongoing stimulus measures. This 7 days buyers will be on the lookout for any clues to the shape of an economic restoration from economic facts, with the focus on Monday’s Uk CBI study, US retail product sales and industrial manufacturing facts on Tuesday and Germany’s IFO index on Wednesday. In the meantime, symptoms of a resurgence in Covid-19 scenarios in the US and Germany are a problem.

News roundup

Previous 7 days we observed once-a-year final results from () and (), and interims from (). Blue Prism is in our large cap index and IDOX. There was also an acquisition by () part-financed by a share placement.

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discoverIE Group reveals record order book and says it’s well positioned for return to strong growth

discoverIE Group’s () Nick Jefferies speaks to Proactive London’s Andrew Scott following the launch of its outcomes to March 2020. Profits grew six% to £466.4mln although functioning profit rose 21% to £37.1mln. Jefferies states the group’s in a powerful money position with a clear approach and is doing effectively regardless of some of the latest uncertainty with coronavirus.

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