Weekly roundup of FTSE 100 risers and fallers (August 02-06)

FTSE 100 closed in positive territory in the week ended 6 August, though it was a choppy week of trade. Here we are giving the roundup of gainers and losers of every day during the passing week.

2 August 2021:

Top riser:

  • Melrose Industries Plc (LON: MRO): Shares of the diversified industrial group was up by 5.18% at GBX 168.40, with a day high of GBX 170.80 and a volume of 12.5 million shares. Acquisition news of Meggitt Plc at 71% premium over its closing share price saw an upside move across the aerospace and defence sectors, including Melrose Industries, which operates in the aerospace and air management business.

Top faller:

  • Pearson Plc (LON: PSON): Shares of education and learning technology company was down by 4.88% and closed at GBX 827, with a day low of GBX 819.20 and a volume of 3.3 million shares. The stock saw profit booking from investors after a rise of over 3% on Friday closing when the company reported a 17% rise in revenue during the first half of 2021.

3 August 2021:

Top riser:

  • BP Plc (LON: BP.): Stock of integrated oil and gas company was up by 5.64% at GBX 306.10, with a day high of GBX 307.10 and volume of 83.9 million shares after the company announced the strong result and net debt reduction in the first half of 2021. BP Plc has announced a share buyback and increases in dividends to its shareholders.

Top faller:

  • Smiths Group Plc (LON: SMIN): The medical technology company’s stock was down by 10.02% at GBX 1414.50, with a day low of GBX 1414.50 and a volume of 2.5 million shares. The share price fall was triggered after the company agreed to sell the Smiths Medical business segment to the US-based private equity firm TA Associates LLP.

4 August 2021:

Top riser:

  • Entain Plc (LON: ENT): Shares of sports betting and gaming group was up by 6.10% at GBX 1912.50, with a day high of GBX 1950 and volume of 2.60 million shares. The stock gave a new 52-week high after investors rush to buy the shares of the company. The company has doubled its investment in its in-house games studios to provide exclusive and innovative content for the customers.

Top faller:

  • Pearson Plc (LON: PSON): Shares of education and learning technology company was down by 3.58% and closed at GBX 786.40, with a day low of GBX 781.40 and a volume of 1.69 million shares. The stock continues to see investor sell-off after its result announcement. Pearson Plc shares are down by 9.8% since its half-yearly results came out on 30 July.

5 August 2021:

Top riser:

  • Rolls-Royce Holdings Plc (LON: RR.): Shares of aircraft engine maker was up by 5.87% at GBX 110.68, with a day high of GBX 110.68 and volume of 91.38 million shares after the company reported upbeat earnings numbers with higher profits during the first six months of this year.

Top faller:

  • Anglo American Plc (LON: AAL): The mining and exploration company’s stock was down by 5.04% at GBX 3270.50, with a day low of GBX 3263.50 and a volume of 4.6 million shares. The stock saw profit booking from investors after rising over 7% since its results announcement on 2 August 2021. The company has decided to return an additional USD 2 billion to investors through share buyback and special dividends.

6 August 2021:

Top riser:

  • London Stock Exchange Group Plc (LON: LSEG): The stock exchange group was the top gainer of the day, up by over 5.00%, touching an intraday high of GBX 7,996.00 and volume of over 0.4 million shares. The company reported a strong half yearly performance, posting good growth across all the divisions in H1 and is in line to report mid-single digit cost expansion for FY 2021 (constant currency basis). It also announced a 7% increase in interim dividend to 25p per share.

Top faller:              

  • Hikma Pharmaceuticals Plc (LON: HIK): The pharma major was the top loser of the day, suffering a jolt of over 5% for the day and touching an intraday low of GBX 2,437.00, with a volume of around 0.6 million. The company reported a decent set of numbers for the first half of the year, while the revenue was up by 7%, operating profit for the reported period increased by around 10%. The company also raised its annual guidance; however, the street was expecting better, and hence its stocks suffered correction for the day.

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