1116 GMT - Hays's share price has already priced in the risks of an economic downturn, HSBC analysts Matthew Lloyd and Ayanda Malinga say in a research note. Therefore, any sign of economic recovery could boost the stock, they note. "If the world tips into a more acute economic downturn, from its current stagnation, we would argue that many other stocks would likely go down in price to a greater extent," they add. Shares fall 0.6% to 70.25 pence. (maitane.sardon@wsj.com)
(END) Dow Jones Newswires
February 28, 2025 06:16 ET (11:16 GMT)
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