Impact of Covid-19 On Trading of Some of The Prominent FTSE 100 Companies

FTSE 100 Index is the key benchmark index of the London Stock Exchange and tends to indicate the direction in which the financial markets, as well as the overall economy, might potentially move. In such a scenario, the company’s listed on the FTSE 100 index could be the most impacted from either the cyclical movement of the market or anything that has an overall impact on the economy. The Covid-19 crisis is one of them, and during the months of March and April, it had a significant impact on the business scenarios of some of the biggest companies in the United Kingdom.

Last week, the office for national statistics (ONS), on the basis of its Business Impact of Coronavirus Survey (BICS), published a report detailing on how the Covid-19 crisis has impacted the economic and the business scenario in the UK. In the survey it was highlighted that for the duration 23 March to 5 April 2020, around 24 per cent of the respondents reported that they temporarily closed or suspended trading, 0.3 per cent reportedly permanently ceased trading, while 75 per cent continued trading. Of all those businesses responding within the arts, entertainment and recreation sector, 82 per cent reported a temporary pause to trading. Two-thirds of all businesses that were continuing to trade indicated their financial performance was much below their normal range, with 93 per cent of these responding that their turnover was much lower than usual. Of those enterprises whose turnover was below their usual range, the hospitality and food services industry had the highest percentage of businesses that said that their turnover was more than 87 per cent below the usual, meaning they would have to face large amounts of losses.

FTSE 100 businesses have already been facing a lot of challenges, and the Covid-19 has further weighed on their performances. While some have shown signs to come through this tough period in flying colours, some are still struggling to cope with the broader economic resistance. The following is an overall stock performance of some major companies that are a part of the FTSE 100 index.

HSBC Holdings Plc (LON:HSBA) Stock Price Performance (Sector: Banking)

On 28th April 2020, at 09:30 A.M (Greenwich Mean Time), when this report was being written, the HSBC Holdings Plc stock was trading at a price of GBX 414.50 per stock on the London Stock Exchange market, a decline in the value of 0.52 per cent or GBX 2.15 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 416.30 per share. HSBC Holdings Plc's market capitalisation was estimated to be GBP 84.36 billion, with regards to the current market price of the company's stock.

The company’s stock has yielded a negative return of approximately 10.80 per cent in the last one month since March 28, 2020. It has also yielded a negative return of around 25.50 per cent in the last three months since October 28, 2019. The company’s stock price has also given a negative return of approximately 29.70 per cent from Year to Date (27^th April 2020). At the time of writing, the beta of the firm's stock was recorded at a value of 0.92.

Reckitt Benckiser Plc (LON:RB) Stock Price Performance (Sector: Consumer Goods)

On 28th April 2020, at 09:35 A.M (Greenwich Mean Time), when this report was being written, the Reckitt Benckiser Plc stock was trading at a price of GBX 6466.00 per stock on the London Stock Exchange market, a decline in the value of 1.73 per cent or GBX 114.000 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 6580.00 per share. Reckitt Benckiser Plc's market capitalisation was estimated to be GBP 46.48 billion, with regards to the current market price of the company's stock.

The company’s stock has yielded a positive return of approximately 11.30 per cent in the last one month since March 28, 2020. It yielded a positive return of around 9.10 per cent in the last three months since October 28, 2019. The company’s stock price has also given a positive return of approximately 9.10 per cent from Year to Date (27^th April 2020). At the time of writing, the beta of the firm's stock was recorded at a value of 0.47.

London Stock Exchange Group Plc (LON:LSE) Stock Price Performance (Sector: Financial Services)

On 28th April 2020, at 09:40 A.M (Greenwich Mean Time), when this report was being written, the London Stock Exchange Group Plc stock was trading at a price of GBX 7490.00 per stock on the London Stock Exchange market, an increase in the value of 0.05 per cent or GBX 4.00 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 7486.00 per share. London Stock Exchange Group Plc's market capitalisation was estimated to be GBP 26.18 billion, with regards to the current market price of the company's stock.

The company’s stock has yielded a positive return of approximately 7.70 per cent in the last one month since March 28, 2020. It has also yielded a negative return of around 3.60 per cent in the last three months since October 28, 2019. The company’s stock price has also given a negative return of approximately 3.40 per cent from Year to Date (27^th April 2020). At the time of writing, the beta of the firm's stock was recorded at a value of 0.58.

Comparative Share Price Chart of HSBA, RB. And LSE

(Source: Thomson Reuters) Daily Chart as on 28 – April - 2020, before the closing of the London Stock Exchange Market

Anglo American Plc (LON:AAL) Stock Price Performance (Sector: Metals and Mining)

On 28th April 2020, at 09:45 A.M (Greenwich Mean Time), when this report was being written, the Anglo American Plc stock was trading at a price of GBX 1431.00 per stock on the London Stock Exchange market, an increase in the value of 3.29 per cent or GBX 45.60 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 1385.40 per share. Anglo American Plc's market capitalisation was estimated to be GBP 18.791 billion, with regards to the current market price of the company's stock.

The company’s stock has yielded a positive return of approximately 2.50 per cent in the last one month since March 28, 2020. It has also yielded a negative return of around 29.80 per cent in the last three months since October 28, 2019. The company’s stock price has also given a negative return of approximately 34.30 per cent from Year to Date (27^th April 2020). At the time of writing, the beta of the firm's stock was recorded at a value of 1.46.

Rolls-Royce Holdings Plc (LON: RR.) Stock Price Performance (Sector: Aerospace and Defence)

On 28th April 2020, at 09:50 A.M (Greenwich Mean Time), when this report was being written, the Rolls-Royce Holdings Plc stock was trading at a price of GBX 317.60 per stock on the London Stock Exchange market, an increase in the value of 3.18 per cent or GBX 9.80 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 307.80 per share. Rolls-Royce Holdings Plc's market capitalisation was estimated to be GBP 5.914 billion, with regards to the current market price of the company's stock.

The company’s stock has yielded a negative return of approximately 15.60 per cent in the last one month since March 28, 2020. It has also yielded a negative return of around 51.60 per cent in the last three months since October 28, 2019. The company’s stock price has also given a negative return of approximately 54.90 per cent from Year to Date (27^th April 2020). At the time of writing, the beta of the firm's stock was recorded at a value of 1.50.

Domino’s Pizza Group Plc (LON:DOM) Stock Price Performance (Sector: Food Producers and Retailers)

On 28th April 2020, at 09:55 A.M (Greenwich Mean Time), when this report was being written, the Domino’s Pizza Group Plc stock was trading at a price of GBX 328.00 per stock on the London Stock Exchange market, an increase in the value of 0.92 per cent or GBX 3.00 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 325.00 per share. Domino’s Pizza Group Plc's market capitalisation was estimated to be GBP 1.495 billion, with regards to the current market price of the company's stock.

The company’s stock has yielded a positive return of approximately 18.20 per cent in the last one month since March 28, 2020. It has also yielded a positive return of around 11.10 per cent in the last three months since October 28, 2019. The company’s stock price has also given a positive return of approximately 1.50 per cent from Year to Date (27^th April 2020). At the time of writing, the beta of the firm's stock was recorded at a value of 0.94.

Comparative Share Price Chart of AAL, RR. And DOM

(Source: Thomson Reuters) Daily Chart as on 28 – April - 2020, before the closing of the London Stock Exchange Market