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UK stocks are outperforming the U.S. and one CIO says they look 'very cheap' - TL;DR CNBC

UK stocks are outperforming the U.S. and one CIO says they look 'very cheap'

Publishing timestamp: 2024-05-20 06:48:22


Summary

U.K. stocks are finally turning a corner after years of underperformance, with the FTSE 100 and FTSE 250 index showing significant gains. Private equity group EQT is in advanced talks to buy Keywords Studios at a premium, highlighting the undervaluation of U.K. equities. CEO of BRI Wealth Management emphasizes that U.K. companies are cheap compared to other markets, driving investor interest.


Sentiment: POSITIVE

Tickers: EQT.FTSE.SPXSHEL-GBKWS-GB.FTMC

Keywords: ftse 100s&p 500 indexmarketsunited statesftse 250 indexbusiness newskeywords studios plcbreaking news: marketseqt corpshell plc

Source: https://www.cnbc.com/2024/05/20/uk-stocks-are-outperforming-the-us-and-one-cio-says-they-look-very-cheap.html


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