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National Grid Plc - ADR Shares Near 52-Week High - Market Mover

07:30am, Friday, 24'th Dec 2021 Kwhen Finance
National Grid Plc - ADR (NGG) shares closed today at 0.1% below its 52 week high of $72.41, giving the company a market cap of $52B. The stock is currently up 28.9% year-to-date, up 34.0% over the past 12 months, and up 49.0% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 0.3%. Trading Activity Trading volume this week was 0.0% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 109.8% The company's stock price performance over the past 12 months beats the peer average by 106.6% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.
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Coraza to raise RM33m from IPO

11:44am, Wednesday, 22'nd Dec 2021 The Sun Daily
PETALING JAYA : Integrated engineering supporting services provider Coraza Integrated Technology Bhd expects to raise RM33 million under its listing on the ACE Market of Bursa Malaysia Securities Bhd for business expansion. Under the listing exercise, Coraza is issuing 117.8 million new shares in Coraza representing 27.5% of the enlarged share capital at an issue price of 28 sen per share. Of the 117.8 million new shares, 21.4 million new shares will be made available to the Malaysian public via balloting; 21.4 million new shares for its eligible directors, employees and persons while the remaining 74.9 million new shares are earmarked for private placement to selected investors by way of the private placement. As part of its listing exercise, the existing shareholders of the company will also make an offer for the sale of 21.4 million existing shares to selected investors by way of the private placement. Coraza executive chairman Tony Ng said semiconductor is the biggest contributor to the turnover of Coraza. The group FY2020 revenue by industries are semiconductor 58.7% followed by instrumentation 19.6%, life science and medical devices 16.8% followed by aerospace, telecommunications, and E&E 4.9%, Ng told reporters during its virtual prospectus launch today.

Ann Demeulemeester steps up relaunch as special guest of Pitti Oumo

10:00am, Wednesday, 22'nd Dec 2021 FashionUnitedUK
Foto: Ann Demeulemeester is the Special Guest at Pitti Immagine Uomo 101. Courtesy of Ann Demeulemeester BACKGROUND Ann Demeulemeester changed ownership, returned to the catwalk in October with a new creative team, and will be a special guest at the Pitti Uomo fashion fair in Florence in January. Demeulemeester herself resigned in 2013, but says she is happy with the brands new course. Ann Demeulemeester between future and past Things had not been going so well for the Ann Demeulemeester label for a while. Since the departure of the legendary designer, in 2013, the brand was looking for new energy, without much success. Artistic director Sebastien Meunier, a veteran at Demeulemeester, tried to reach a younger audience, however, bar from a small fan base, could never really persuade. Moreover, the brand had lost quite a few traditional customers in recent years, often because they felt that the quality had deteriorated. Whats more, it just wasnt good timing for the label. Demeulemeester''s dark, romantic goth essence clashed with the garish, poppy streetwear of the decade.

DSR Taiko eyes bigger market share with Musang King global expansion

09:48am, Wednesday, 22'nd Dec 2021 The Sun Daily
PETALING JAYA : Integrated durian company DSR Taiko Bhd has set its sights on expansion in 2022 with plans to increase its production capacity upstream as well as creating a bigger market presence domestically and overseas. Its CEO Datuk Ng Lian Poh revealed that the company, which is involved in the upstream orchard durian production to the downstream value added products, is looking to acquire another 50 acres of mature durian trees in the coming year. In total, we expect to spend RM30-45 million for our upstream expansion, subject to the price of the orchard, he told the media at the opening of its DMasKing flagship outlet today. As for its market presence, Ng stated that it has already started the export of its Musang King durian products under the D.MasKing brand to a few countries namely Australia, Dubai, Bahrain. He elaborated that the company is looking to export to more countries via the Daily Fresh networks which has a presence in 15 countries such as China, UAE, Indonesia, Singapore and South Africa. Thus far, the durian industry has mostly exported durian fruits.

BoP reverts to shortfall in Nov

04:30pm, Tuesday, 21'st Dec 2021 The Manila Times
THE national government''s external debt payments dragged the country''s balance of payments (BoP) into a deficit of $123 million in November, according to the Bangko Sentral ng Pilipinas (BSP). The outcome, announced on Tuesday, reversed a $1.47-billion surplus in November 2020 and erased a $1.14-billion surplus in October of this year. It was also the largest shortfall since September, when the payments situation was $412 million in the red. The payments balance is a record of all trade and financial transactions that took place between entities in one country and the rest of the world within a specific time period. When a country imports more products, services and capital than it exports, it has a deficit; when it exports more, it has a surplus. "The BoP deficit in November 2021 reflected outflows arising mainly from the national government''s (NG) foreign currency withdrawals from its deposits with the BSP as the NG settled its foreign currency debt obligations and paid for various expenditures," the central bank noted in a statement.

Tenable Appoints Nigel Ng as Vice President for Asia Pacific

10:41am, Monday, 20'th Dec 2021 Business News This Week
Mumbai, INDIA (December 20, 2021) Tenable®, Inc., the Cyber Exposure company, today announced the appointment of technology industry veteran, Nigel Ng, as vice president for the Asia Pacific (APAC). Based in Singapore, Ng will [] The post Tenable Appoints Nigel Ng as Vice President for Asia Pacific appeared first on Business News This Week .
Dynamic Advisor Solutions LLC decreased its position in shares of National Grid plc (NYSE:NGG) by 29.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,145 shares of the utilities providers stock after selling 6,599 shares during the quarter. Dynamic Advisor Solutions LLCs []
MANILA, Philippines More than 3 million families were affected by power outages caused by the onslaught of Typhoon Odette (international name: Rai), mostly in the Visayas and Mindanao, with efforts to restore electricity in many grids still proving difficult with the floods yet to subside in many areas. As of Saturday, the National Grid [] The post 3 million families affected by power outages due to Odette; floods stalling repairs appeared first on Cebu Daily News .

Spire Wealth Management Boosts Stake in National Grid plc (NYSE:NGG)

10:28am, Saturday, 18'th Dec 2021 Dakota Financial News
Spire Wealth Management raised its holdings in National Grid plc (NYSE:NGG) by 58.1% during the third quarter, Holdings Channel.com reports. The firm owned 1,168 shares of the utilities providers stock after purchasing an additional 429 shares during the period. Spire Wealth Managements holdings in National Grid were worth $70,000 at the end of the most []
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We Need Nationalised Energy Now

01:23pm, Friday, 17'th Dec 2021 Tribune Magazine
When our energy system was privatised beginning in the late 1980s, British Gas was sold off as a single private monopoly of the entire system. The electricity system was broken up, the twelve regional distribution companies were sold off in 1990, the transmission company National Grid was privatised a few years later, and the power […]

North Star eyes P9.1-B sales in 2022

04:04pm, Wednesday, 15'th Dec 2021 The Manila Times
A LEADING end-to-end supplier of fresh and processed meat products in the Philippines is eyeing expansion next year, relying on the Filipino consumer''s shift in meat buying preference to achieve its expansion goal, company''s top executive said. Anthony Ng, president of North Star Meat Merchants Inc., said their target is to increase cold storage capacity up to 6.4 million kilos to surpass the P6-billion sales in 2021 to reach P9.1-billion sales in 2022. Ng said they are hoping the slowly shifting modern trade of buying meat will hold next year, especially among the growing middle class. North Star aims to increase its total cold storage capacity from 4 million kilos to 6.4 million kilos of pork and beef annually. The company operates three cold storage facilities two in Bulacan and one in Cebu. North Star operates 400 meat shops but its products, especially the prepacked items, reach 2,000 stores nationwide, said Ng, who started the business as a thesis in college in 1999. "This shift in buying pattern has been catalyzed by the pandemic," Ng said. "People now prefer the cleaner display of the supermarket." "So, a lot of people really shifted to supermarkets.

National Grid plc (NYSE:NGG) Shares Sold by Cerity Partners LLC

11:02am, Tuesday, 14'th Dec 2021 Dakota Financial News
Cerity Partners LLC lowered its stake in National Grid plc (NYSE:NGG) by 25.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 8,047 shares of the utilities provider’s stock after selling 2,698 shares during the quarter. Cerity Partners LLC’s holdings in National Grid were worth $480,000 as of its most recent SEC filing. […]
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