Market Report

Market Report by Email

If you would like to receive the daily Market Report by email please fill out your name and email address in the sign-up form below and you will be added to our mailing list.

* indicates required

Please select all the ways you would like to hear from Ramsey Crookall:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our email marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing.

Learn more about Mailchimp's privacy practices here.

Monday,20 June 2022 at 16:00

Primark, which is owned by Associated British Foods, is launching a trial that will mean shoppers can “click and collect” children’s products from 25 of its stores.

The budget fashion retailer was severely hit during the pandemic when it lost billions of sales as all of its stores were forced to shut during lockdowns and its lack of a website meant that it had no buffer from online revenues.

Analysts have said that it is only a matter of time before Associated British Foods relents and launches online, but it has so far resisted as it fears this would stop customers coming to its stores.

The new click and collect service will allow customers to shop from 2,000 children’s products which it says will “cater for a broad range of family needs, from furnishing a nursery to clothing children of all ages”.

UK & European stocks closed higher after a tumultuous five days of trading last week.

U.S. markets were closed for the Juneteenth public holiday.

Oil priced higher.

Gold extended losses as an elevated dollar weighed on bullion demand.

Markets
At the close
FTSE 100 7,121 +1.50%
FTSE 250 19,010 +0.45%
DAX 13,265 +1.06%
At 17:00
Dow Jones 29,888 +0.00%
S&P 500 3,674 +0.00%
NASDAQ 3,674 +0.00%
Fixed Income
UK 10-YR YIELD 2.598
Exchange Rates
GBP/USD 1.224
GBP/EUR 1.162
Commodities
Gold $1,838 (-0.07%)
Brent $113.60 +0.42%
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.

We use cookies to improve your experience on our website.
By continuing to browse, you agree to our use of cookies. Cookie Policy

Accept
Members of the London Stock Exchange and PIMFA | Licensed by the Isle of Man Financial Services Authority (IoMFSA) Registered Office: Ramsey Crookall and Co. Ltd., 38/42 Athol Street, Douglas, Isle of Man, IM1 1QH
Copyright © 2022 - Ramsey Crookall & Co. Ltd
Building Personal Finance Futures London Stock Exchange