The energy group is a heavyweight in the British leading index FTSE 100.
(Photo: IMAGO/Political Moments)
London, Frankfurt The leading British index FTSE 100 is one of the few stock market barometers this year that is still in positive territory – despite the high British inflation figures and recession warnings. The internationally oriented and less economically sensitive companies from classic industrial sectors are holding up well in an uncertain environment.
Neither the double-digit inflation figures in Great Britain of 10.1 percent for July nor the Bank of England’s warning of a “deep recession by 2024” make the former EU country feel confident. Nevertheless, large investors rely on shares from the FTSE 100, some of which are very cheaply valued.
The Handelsblatt explains below why the British stock market is currently doing better than the European and American stock exchanges and why the stock is still rated low. We also feature six UK stocks that big investors and analysts are betting on right now.
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