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“Concerns over the fall in the confidence of the traveling public and concerns over future travel restrictions imposed due to the spread of the Omicron variant have resulted in further volatility for shares of airlines and companies dependent on the industry. . Investors had to arm themselves for a new wave of severe turbulence affecting the sector.
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This value fund used volatility to increase positions
DG Value Partners II’s class A fell 4.97% in November, while class C fell 7.53% net. Since the start of the year, class A is up 19.45% net, while class C has recorded a return of 37.08%. DG Value Partners II focuses on event value opportunities in the mid-market segment. He looks for securities whose price is lower than their intrinsic value with Read more
Airline Industry Seeks Government Help
It comes amid reports that the owner of British Airways, International Consolidated Airlns Grp SA (LON: IAG) and Ryanair Holdings plc (LON: RYA) have asked for government help to help them get through another gloomy winter. . Shares of both companies fell sharply on Monday, with losses accelerating towards the end of the working day after concerns were raised that new testing requirements could seriously impact booking rates over the next few years. month. News that Air France and KLM may seek another capital increase is also weighing on the industry, which has pushed Rolls Royce and Melrose down, given how reliant the two companies are on the health of commercial aviation. .
There was further downward pressure on the price of oil following last week’s rally, putting pressure on Royal Dutch Shell plc (NYSE: RDS.B) amid concerns that the rapid spread of Omicron and Reduced vaccine effectiveness will lead to lower global demand as countries close hatches and wait for a new wave of infections to strike. However, mining stocks are higher, with investors looking to the prospects for better growth in 2022 with the announcement that Beijing is ready to turn on the stimulus taps next year to help the recovery, reducing the amount of funding. money that banks must keep in reserve. as a share of deposits. ‘
Article by Susannah Streeter, Senior Investment and Markets Analyst, Hargreaves Lansdown
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Updated 13 Dec. 2021, 14:33
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