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By Reuters Staff
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FILE PHOTO: Shoppers are seen walking near Bullring shopping centre, owned by mall operator Hammerson, after new nationwide restrictions were announced during the coronavirus disease (COVID-19) outbreak in Birmingham, Britain, November 4, 2020. REUTERS/Andrew Boyers
(Reuters) - Hammerson said on Wednesday it sold seven retail parks to Canadian private-equity firm Brookfield Asset Management for 330 million pounds ($459.33 million), marking the mall operator’s exit from the UK retail parks sector.
British shopping centres are set to be fully operational by mid-May under phased exit plan from coronavirus restrictions, which have kept shoppers at home and led to widespread retail rent deferrals.
Tech View: Hammer candle on Nifty charts signals active buying at lows
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Analysts said it was testing of the 14,200 level that brought buying on Nifty50 at lows. This level has been offering strong support to the index for the past few weeks and will do so in the immediate future, they said.
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Independent analyst Manish Shah said the context and the location of Monday’s Hammer suggest that the buyers were active in the market.
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NEW DELHI: Nifty50 tumbled over 250 points on Monday, but formed a Bullish Hammer candle on the daily scale, suggesting that intraday selling was bought into.
Canada and China should put their diplomatic differences aside and instead focus on building up business ties, according to participants in a recent webinar.
Thunderstorms set to hit the Bay of Plenty
14 Apr, 2021 02:02 AM
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The Bay of Plenty is in for some wet weather this afternoon. Photo / File
Bay of Plenty Times
Thunderstorms may be set to hammer the Bay of Plenty this afternoon.
MetService meteorologist Alwyn Bakker said about eight to 10 millimetres of rain had fallen in the region in the last couple of hours and the Bay was set to get another band of heavy rain and thunderstorms. It s just about over the region now, he said.
The Bay of Plenty was not on any thunderstorm or severe weather watch, however.