Most Active FTSE 100 Stocks in February 2020

UK has finally parted with the 47-year long membership with the EU and has entered in to an 11-month long transition period. Also, if the past three and half years were bad since Brexit referendum took place in June 2016, the next 11-months are going to be tumultuous.

Typically, equity market is considered as true reflector of the state of an economy. However, since first stage of Brexit has been delivered and the market has entered into the second month of 2020, broader equity indices are edging higher. The broader FTSE 100 index and domestically exposed FTSE 250 index bagged ~ 2.21% and ~ 1.65% since Brexit day to February 10^th, 2020, respectively

However, in this of work we are sharing a list of Top-10 most active FTSE 100 stocks in the early weeks of February 2020.

1. Lloyds Banking Group PLC –

Lloyds was the most active stock on the LSE by generating an average daily volume of ~124 million in the first 6 trading days of February 2020. The stock has generated a month-to-date (MTD) return of 0.2 per cent.

Lloyds Banking Group Plc (LON:LLOY) is a United Kingdom-based company engaged in the business of providing financial and banking services with an array of specialised services such as Investment Banking, Merchant Banking and Personal Banking. The company has segregated operations into the Retail segment, Commercial Banking segment, Consumer Finance segment as well as Insurance and Other business segments.

2. Vodafone Group PLC –

The stocks of Vodafone Group Plc were the second most actively traded stock on the London stock exchange, trading with an average daily volume of ~66 million in the first 6 trading days of February 2020. The month to date return of the stock during the period was -0.5 per cent.

Vodafone Group Plc (LSE: VOD) is a United Kingdom incorporated Global telecommunication company with standalone operations in 24 countries, network partnerships in 41 and fixed broadband operations in 19 countries. As on 30 June 2019 the company has approximately 640 million cellphone subscribers, 14 million TV service subscribers (includes joint ventures and associates) and 21 million fixed broadband subscribers.

3. BP PLC –

The average daily volume of trade generated by the stock of the company in February is ~45 million, being the third most active in the first 6 trading days of February 2020 on the London Stock Exchange. The month to date return of the stock during the period was -1.7 per cent.

BP Plc (LON:BP) is into the international energy business based out of the United Kingdom. The company has a diverse portfolio across businesses, resource types and geographies, and operations across 78 countries worldwide. It has operations in Africa, Asia, Australasia, North & South America and Europe and is one of the six supermajor oil groups in the world.

4. BT Group PLC –

BT Group was the next most active stock on the LSE by generating an average daily volume of ~36 million in the first 6 trading days of February 2020. The stock has generated an MTD return of 4.4 per cent.

BT Group Plc (LON: BT.A) is a fixed-line telecommunication company, based out of London. The group's business is built around its clients, delivering value and serving their needs persistently. The group is segregated into four customer-facing lines of businesses: Enterprise, Openreach, Consumer, and Global. The company's operations are divided into four reportable divisions namely Enterprise, Openreach, Consumer, and Global.

5. Glencore PLC –

The stocks of Glencore PLC were the next most actively traded stock on the London stock exchange, trading an average of ~33 million in the first 6 trading days of February 2020. The month to date return of the stock during the above period was -3.1 per cent.

Glencore Plc (LON:GLEN) is among the world's prominent diversified natural resource companies, which is involved in the business of production and distribution of minerals and metals, crude oil and oil products, coal and agricultural products. The company currently operates in more than 50 countries and has an employee base of 158,000, including contractors. The company is currently managing over 150 mines across the globe.

6. Barclays PLC –

The average volume of trades generated by the stocks of the company in February is ~31 million being the next most active in the first 6 trading days of February 2020 on the London Stock Exchange. The month to date return of the stock during the above period was -5.0 per cent.Â

Barclays PLC (LON:BARC) is a United Kingdom headquartered multinational banking group. The Bank is one of the oldest corporations in the United Kingdom, with its origins going back 328 years when it was incorporated on 17 November 1690, the bank is credited to be the first bank in the world to deploy cash vending machines. The bank has four core divisions namely, corporate banking, personal banking, wealth management and investment management.Â

7. Centrica PLC –

Centrica was the seventh most active stock on the LSE by generating an average daily volume of ~23 million in the first 6 trading days of February 2020. The stock has generated an MTD return of 2.6 per cent.

Centrica Plc (LON:CNA) is a United Kingdom-based energy utilities and trading company. It is in the business of distribution of electricity and gas in the United Kingdom, Ireland, United States of America and Canada. The company is the largest supplier of domestic gas in the United Kingdom with operations in Scotland being led under the brand name Scottish Gas, in England & Wales under the brand name British Gas and in Ireland, its gas supplying entity is known as Bord Gais Energy. The Company is also one among the largest suppliers of electricity to households in the United Kingdom, while also providing minor utility services like plumbing to its consumers.

8. HSBC Holdings PLC –

The stocks of HSBC Holdings PLC were the eighth most actively traded stocks on the London stock exchange, trading an average of ~18 million in the first 6 trading days of February 2020. The month to date return of the stock during the period was -4.6 per cent.

HSBC Holdings Plc (LON:HSBA) is a United Kingdom headquartered investment banking and financial services holding company with a multinational presence. As per market data, by the end of 2018, it was the world's seventh-largest lender and the largest within Europe. This banking company was first established 154 years ago in 1865 in the erstwhile far-east British territory of Hong Kong. It has grown exponentially over the years to be present now all across Asia, Oceania, Africa, Continental Europe, North America and in South America. Today it operates in over 67 countries having 3900 offices and serving over 38 million customers worldwide.

9. Tesco PLC –

The average volume of trades generated by the stocks of the company in February is ~17 million being the ninth most active in the first 6 trading days of February 2020 on the London Stock Exchange. The month to date return of the stock during the period was -3.9 per cent.

Tesco PLC (LON:TSCO) is a United Kingdom-based retail company and is one of the largest retailers of consumer goods in the world, serving millions of customers every week through stores as well as through online space. The company mainly operates as a retailer of grocery products. It also offers insurance and retail banking services. The group operates in Retail segment and Tesco Bank. The Retail division is further divided into three geographical segments: UK & ROI, Asia and Central Europe.

10. GlaxoSmithKline PLC -

Centrica was the tenth most active stock on the LSE by generating an average daily volume of ~12 million in the first 6 trading days of February 2020. The stock has generated an MTD return of 3.9 per cent.Â

Glaxo SmithKline Plc (LON:GSK) is a United Kingdom headquartered global pharmaceutical company. The company provides therapeutics and vaccines across a large range of diseases and has a distribution network spread across the world. It is amongst the top 10 largest pharmaceutical companies of the world.