Market's view on London Stock Exchange

Published on April 2024

  • A stock watcher observed that the share price is looking good, having broken above 9000.
  • Positive feedback on decent financial numbers was noted.
  • Experience with a primary bid offering was shared, recommending it after receiving shares at 8050.
  • Discussion around a secondary offer, not a capital raise, expecting possible disclosures from larger institutions due to the requirement to disclose charges in holdings.
  • A significant sale of 33 million shares was mentioned, increased from an initial 28 million due to strong demand.
  • Mention of a block trade similar to an event in March, indicating ongoing trading strategies.
  • A placing was announced without further details.
  • A suggestion was made that it might be a good time to go short on the stock.
  • Elated reactions to great financial results were expressed.
  • Questions were raised about the reasons behind a drop in LSEG’s stock price and speculations on where it might bottom out.
  • UBS was noted to have allowed the share price to increase, improving performance metrics.
  • London Stock Group was included in a bank’s top 30 global picks, highlighting a positive outlook.
  • Query about the reason behind low share buy-backs on a day with high trading volume.
  • A call to action for making money was hinted at without specifics.
  • Partial allocations from a bid were reported, and a query about PrimaryBid allocations was raised.
  • Thanks were given to UBS for a price drop, allowing a stock watcher to increase their holdings, optimistic about future price recovery due to a partnership announcement between LSEG and Microsoft.
  • UBS downgraded London Stock Exchange Group and reduced the price target, citing forex headwinds overshadowing improvements.
  • Concerns about EU legislation impacting London’s derivatives trading market were discussed.
  • Clarifications were made that LSEG does not have a monopoly on the market as it only provides infrastructure.
  • Discussion on the implications of windfall taxes and its relevance to stock market activity.
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