FTSE 100 closed with good gain for the week ended 13 August, reaching the 52-week high. Here we are giving the roundup of gainers and losers of every day during the passing week.
9 August 2021:
Top riser:
- SSE Plc (LON: SSE): Shares of the electricity distribution company was up by 5.01% at GBX 1623.50, with a day’s high of GBX 1,646 and a volume of 7.50 million shares. The stock price was up following the market rumours that the US investment firm Elliot Management has taken a large stake in the company, which could mean a possible takeover bid for the energy provider.
Top faller:
- Hargreaves Lansdown Plc (LON: HL.): Shares of the investment service provider was down by 11.34% at GBX 1,454.50, with a day’s low of GBX 1,431 and a volume of 6.02 million shares after the company’s full-year profit before tax declined by 3% at £366 million during the period ended 30 June 2021. Also, the company remained cautious and warned of a slowdown in dealing volume and client activity compared to last year.
10 August 2021:
Top riser:
- Flutter Entertainment Plc (LON: FLTR): Stock of sports betting, and gaming company was up by 7.81% at GBX 13,950, with a day’s high of GBX 14,350 and a volume of 0.58 million shares after the company announced a 30% rise in group revenue at £3053 million during the first half of 2021. The company’s US business reported revenue growth of 159% at £652 million and is expecting to turn EBITDA positive by 2023.
Top faller:
- M&G Plc (LON: MNG): Shares of the financial service provider was down by 3.07% at GBX 230.80, with a day’s low of GBX 228.60 and a volume of 8.42 million shares after the company reported IFRS loss after tax of £248 million, impacted by the short term market fluctuations.
11 August 2021:
Top riser:
- Spirax-Sarco Engineering Plc (LON:SPX): Stock of industrial engineering group was up by 4.23% at GBX 15,765, with a day’s high of GBX 16,145 and a volume of 0.12 million shares after the company reported a 17% rise in organic revenue and 37% growth in operating profit during the six-months ended 30 June.
Top faller:
- Just Eat Takeaway.com (LON: JET): Shares of the food delivery company was down by 4.01% at GBX 6,271, with a day’s low of GBX 6,271 and a volume of 0.31 million shares. The company’s stock and food delivery sector saw a profit booking from investors after rival food delivery company Deliveroo suffered a 6% drop following its half-yearly result announcement. The company’s loss before tax was at £104.8 million.
12 August 2021:
Top riser:
- Aviva Plc (LON: AV.): Shares of the life insurance company was up by 3.47% at GBX 420.90, with a day’s high of GBX 425.80 and a volume of 15.76 million shares after the company announced share buyback program of up to 300 million shares for the total consideration of £750 million. The buyback program is expected to complete by 17 February 2022.
Top faller:
- Rio Tinto Plc (LON: RIO): Share of the mining and exploration company was down by 7.61% at GBX 5,637, with a day’s low of GBX 5,581 and a volume of 6.06 million shares after the stock went ex-dividend.
13 August 2021:
Top riser:
- Segro Plc (REIT) (LON: SGRO): Shares of the Real Estates Investment Trust was up by around 2.00%, with a day’s high of GBX 1,263.50 and a volume of over 0.46 million shares. Investment in the REIT sector is on the rise in recent times as reopening of offices post lifting of lockdown is likely to drive demand for the commercial and industrial properties.
Top faller:
- Evraz Plc (LON: EVR): Shares of industrial metal and mining company was down by around 2.00%, with a day’s low of GBX 583.80 and a volume of over 0.83 million shares. The stock continues to see profit booking from after it went ex-dividend on 12 August. The stock lost over 9% in last two trading session.