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Covid-19 costs hospitality £100bn in sales

Hospitality businesses suffered a £100.2bn drop in sales from pre-pandemic levels in the 15 months since the start of the Covid-19 pandemic, the latest UKHospitality Quarterly Tracker with CGA reveals.
Prolonged closures and severe trading restrictions limited total sector sales in the 12 months to end-June 2021 to an estimated £59.8bn down by £72bn from the total of £131.9bn in the 12 months to end-June 2019.
Adding on the second quarter of 2020, this brings total sales in the last 15 months to £64.4bn, which equates to £100.2bn below the total of £164.6bn in the 15-month period to June 2019.

The latest quarterly figures are a notable improvement on recent year-on-year comparatives, following the easing of restrictions for restaurants, pubs, bars, hotels and entertainment venues since mid-April, compared to a period when hospitality was almost totally shut in 2020. ....

Kate Nicholls , Quarterly Tracker , Trading Index , கேட் நிக்கோல்ஸ் , காலாண்டு டிராக்கர் , வர்த்தக குறியீட்டு ,

Coronavirus pandemic wipes out £80.8bn of sales in hospitality over 12 months

The Covid-19 pandemic has wiped a staggering £80.8bn off hospitality’s sales in just 12 months, the latest edition of the UKHospitality Quarterly Tracker with CGA reveals.
It shows sales from the start of April 2020 to the end of March 2021 totalled £46bn, down by 64% on £126.8bn in the previous 12 months.
The drop of £80.8bn is equivalent to around £220m of sales lost every day, or more than £9m every hour.
This collapse in trade fall reflects the waves of national and local lockdowns and severe trading restrictions that the UK’s hospitality businesses have endured since the pandemic began.
Many venues have been unable to trade for the majority of the past year, and all restaurants, pubs and bars have been limited to deliveries and takeaways throughout the first quarter of 2021. ....

United Kingdom , Kate Nicholls , Group Crest Panel , Market Recovery Monitor , Quarterly Tracker , Trading Index , Crest Panel , ஒன்றுபட்டது கிஂக்டம் , கேட் நிக்கோல்ஸ் , குழு முகடு குழு , சந்தை மீட்பு மானிட்டர் , காலாண்டு டிராக்கர் , வர்த்தக குறியீட்டு , முகடு குழு ,

Tech view: Sensex may hit 54,000 within next six months, charts show

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The Market Picks Up Where It Left Off

The Market Picks Up Where It Left Off
Small caps stayed green while breadth lagged, and the S&P 500 has gone red for four days straight now, can we rally?
Stocks quotes in this article:
PFE,
XLI
The market picked up on Monday, where it left off last week. By that I mean we saw the small-cap index, the Russell 2000, do some heavy lifting last week by rallying 1%, but we also saw breadth flat. A divergence.
On Monday the market might have turned lower, but even when it was higher in the early going, breadth was lagging. The Russell 2000 ended the day still in the green (barely, but green is green) and breadth was decidedly negative. That s what I mean: What started last week continued this week. ....

York Stock Exchange , New York Stock Exchange , Mcclellan Summation Index , Summation Index , New York Stock , Trading Index , Industrial Select Sector , யார்க் ஸ்டாக் பரிமாற்றம் , புதியது யார்க் ஸ்டாக் பரிமாற்றம் , புதியது யார்க் ஸ்டாக் , வர்த்தக குறியீட்டு , தொழில்துறை தேர்ந்தெடுக்கவும் துறை ,

Finally, the Nasdaq Slips

Finally, the Nasdaq Slips
After 11 days of up for the QQQs, we saw some down. Let s check under the hood to see what happened, and what to expect next.
Stocks quotes in this article:
QQQ
It seems Nasdaq does have the ability to go down, after all.
I suppose 11 straight days for the Invesco QQQs (QQQ) coupled with that Daily Sentiment Index (DSI) over 90 and all that speculation we discussed from late last week was enough to push it over the edge and force a correction.
So how was breadth, you wonder? Why New York Stock Exchange breadth was flat as a pancake. Yes, the S&P 500 was down 29 points. The Russell lost just shy of 1% and breadth was flat. That is quite an accomplishment. Net volume (up minus down volume) was red, but quite frankly it was worse on Monday than it was on Wednesday. ....

Invesco Qqqs , Why New York Stock Exchange , Daily Sentiment Index , Trading Index , For Nasdaq , Mcclellan Summation Index , Summation Index , Oversold Oscillator , ஏன் புதியது யார்க் ஸ்டாக் பரிமாற்றம் , தினசரி உணர்வு குறியீட்டு , வர்த்தக குறியீட்டு , க்கு நாஸ்டாக் ,