Sector Review

Sector movers: Utilities pummeled, Aerospace and Defence seen impervious to politics

By Alexander Bueso

Date: Thursday 23 May 2024

(Sharecast News) - The Utilities sector was pummelled after the Chancellor announced general elections for 4 July, instead of in autumn as many analysts had anticipated.
Water companies were likely to suffer most from the increased political risk, analysts at Citi said.

Among other things, the purdah period before the...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page