The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
Top UK stocks to trade in June
Good news for FBS Traders! Top UK stocks have been just added to our platforms: MetaTrader 5 and FBS Trader App. These stocks are listed on the London Stock Exchange (LSE), that’s why you can trade them from 10:00 to 18:30 GMT+3. Just to remind you, US stocks are available for trading from 16:30 to 23:00 GMT+3. Let’s have a look at the top UK stocks! We bet you are already familiar with some of them.
What companies do have the highest potential to grow?
Companies with economic 'moat'
Warren Buffet, the famous investor, claims that investors should pay close attention to the company’s economic ‘moat’ – the competitive advantage. For example, Unilever has a unique brand with customer loyalty, which is a great economic ‘moat’. Thus, this company is likely to grow further.
Healthcare & biotech
The health industry has grown enormously amid the pandemic, especially AstraZeneca – the pharma giant that developed one of the most effective coronavirus vaccines! Stocks of this industry will continue rising as health care is one of those industries that are always in demand.
The banking industry was hit the most by the Covid-19 pandemic as investors concerned banks could face many loan defaults if high unemployment persists. In addition, interest rates have dropped to record lows. These days, economies are recovering, unemployment is declining, and interest rates are likely to rise in the near future. It would be beneficial for banks and especially well-known banks such as HSBC and Barclays.
Watch the full list and find your favorite stocks!
WPP WPP Plc
EZJ Easyjet Plc
IAG International Airlines Group SA / IAG [LSE]
Banking & Finances
BARC Barclays PLC
HSBA HSBC Holdings PLC
LLOY Lloyds Banking Group PLC
LGEN Legal & General Group Plc
Food and Drink Retailers
ABF Associated British Foods PLC
DGE Diageo PLC (beverage alcohol)
SBRY Sainsbury (J) Plc
TSCO Tesco PLC
KGF Kingfisher Plc
MRW Wm Morrison Supermarkets
ULVR Unilever PLC
RKT Reckitt Benckiser Group PLC
Fossil Fuel Producers
AAL Anglo American PLC
ANTO Antofagasta Plc
BHPB BHP Group PLC (LSE)
BP BP PLC
CNA Centrica Plc
GLEN Glencore PLC (LSE)
RDSB Royal Dutch Shell PLC B
RIO Rio Tinto PLC
Health Care and Related Services
AZN.UK AstraZeneca PLC
GSK GlaxoSmithKline PLC
TW Taylor Wimpey Plc
Mobile Telecommunications & TV
VOD Vodafone Group PLC
BT BT Group PLC
ITV ITV Plc
BATS British American Tobacco PLC
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.