The London Stock Exchange has given a good performance during the month of October 2019. All the three headline Stock Indices of the exchange the FTSE 100, the FTSE 250 and the FTSE All Share index have given positive returns for the period. With the backdrop of the Benn Act to stop a no-deal Brexit from happening, a draft agreement between Boris Johnson and European Union representatives has brought about a feeling of relief among the British people, investors and other such interested parties. This was the reason behind the rally on the bourses that was seen in the last month. Towards the end of the month however, fresh elections have been called and the Brexit date has been extended till 31 of January 2020. The Chinese and the American are entangled in a trade war and the renewed fears of the slowdown of the Chinese economy have revived concerns of a choppy market in the near future.
Below is a list of five companies that have been popular and trending during the month of October 2019 at the London Stock Exchange.
Wizz Air Holdings Plc – Wizz Air Holdings Plc (WIZZ) is a holding company of the Hungarian low-cost carrier Wizz Air. The carrier serves destinations in Europe, North America and the Middle East. The airline, although not the flagship carrier of Hungary is the largest carrier of that country in terms of fleet size. The company has its operational hub at the Budapest Airport from where it delivers its services to 60 destinations ferrying nearly 33.8 million passengers in 2018.
The company’s shares are listed at the London Stock Exchange where its shares trade with the ticker name WIZZ. The shares of the company are also constituents of the FTSE 250 index.
During the past one month the stock has given a positive return, the stocks closing price on 8 October 2019 was GBX 3553, and its closing price on 7 November 2019 was GBX 3935. The company is one of the most successful budget airlines in Europe, in the quarter of April- June 2019 the company had witnessed a 20.1 per cent jump in its passenger traffic. Given the collapse of Thomas Cook this airline is expected be able to garner most of the market vacated by Thomas Cook airline.
Unilever Plc – Unilever Plc is a global fast-moving consumer goods giant. The company has a presence in almost all corners of the world. The company is present in all spheres of the consumer goods market, from toiletries, to food items, to beverages, home care products and consumer health formulations. The company owns some of the most popular brands in the world namely, Rexona, Sunsilk, Hellmann's, Knorr, Surf, Axe, Lipton, Lux and Magnum to name a few.
The shares of the company trade on the London Stock Exchange with the ticker name ULVR, and they also form part of the FTSE 100 index.
During the past one month, the stock has given a negative return, its closing prices were at GBX 4,836.50 on 8 October 2019 while on 7 November 2019 it was priced at GBX 4,654.50. The stock however is purported to perform well during the medium to long term as its business in mostly a cash business and it deals with products for daily requirement, whose demand has a low correlation with the economic cycle.
Bunzl Plc – Bunzl Plc is a British outsourcing and distribution company. The company operates across Western Europe, United States of America and other important markets in the Middle East and South Asia. The company deals with products including food items, packaging items, non- consumable items and stationary materials. The traditional clients of the company are supermarkets, hotels and restaurants where guest amenities always high in demand.
The shares of the company have their listing on the London Stock Exchange where they trade using the ticker symbol BNZL. The stocks of the company also form part of the FTSE 100 index.
During the past one month the stock has given a positive return, the stock’s closing price on 8 October 2019 was GBX 2009.00 and its closing price on 7 November 2019 was GBX 2099.00. The company is a net exporter of the above items to the United States and given the present state of the British Pound Sterling this company will give a good revenue performance in the near to medium term.
Reckitt Benckiser Group Plc- Reckitt Benckiser Group Plc is a Slough, United Kingdom-headquartered leading consumer health, hygiene and home group that manufactures and markets household, toiletry and health care products under several famous brands like Dettol, Harpic, Air Wick, and many others. The products of the company can be found globally in stores in nearly 200 countries across four continents and include air fresheners, laundry products, dishwashing detergents, disinfectant sprays, water softeners, household cleaners, and personal care products. The operations of the group are differentiated in two operating segments, namely Health, and Hygiene and Home
The shares of the company have their listing on the London Stock Exchange in the main market segment. There they trade with the ticker name RB. The shares of the company also form components of the FTSE 100 Index.
During the past one month the stock has given a negative return, the stock’s closing price on 8 October 2019 was GBX 6199.00 and its closing price on 7 November 2019 was GBX 5959.00.
Aviva Plc– Aviva Plc is a multinational Insurance company based out of St Helen’s EC3 London. The company operates in 16 countries and serves nearly 33 million customers worldwide. The company is the largest insurer in United Kingdom and second largest in Canada with significant presence in other developing markets as well. In fact, less than half, or approximately 48 per cent of AVIVA’s customers are from the United Kingdom while about 52 percent reside in United States, Europe and South-Asia. The company is making concerted efforts to expand rapidly in China and South East Asia where it seeks to materialize its next round of strategic growth.
The company’s shares are listed on the London Stock exchange in the main market segment, where they trade under the ticker name AV. The stocks of the company also form components of FTSE 100 index.
During the past one month the stock has given a positive return, the stock’s closing price on 8 October 2019 was GBX 373.34 and its closing price on 7 November 2019 was GBX 433.70.
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