FTSE 100 index went through a choppy trade in the passing week, though it managed a positive close on weekly basis trade towards the end turned weak.
Here we are giving the roundup of the top gainers and top losers of the passing week.
Top risers of the week:
- 10 January 2022- Vodafone Group Plc (LON: VOD): Shares of the telecommunication service provider were up by 2.50% at GBX 117.46, with a day’s high of GBX 119.14 and a volume of 26.9 million shares. The stock price continued the momentum after last week’s positive close. The share price has been up by over 4.60% since the start of 2022 as investors anticipate an increase in revenue and profitability amid a plan to reintroduce roaming charges for UK phone users.
- 11 January 2022- Scottish Mortgage Investment Trust Plc (LON: SMT): Shares of the investment firm were up by 5.00% at GBX 1,196, with a day’s high of GBX 1,199 and a volume of 5.2 million shares. The stock price moved up following recovery in the technology-heavy Nasdaq index. The investment firm has a considerable amount of investment in different technology companies in the US index. The shares price had been in red for the last five trading sessions following a sell-off in the US technology index.
- 12 January 2022- Antofagasta Plc (LON: ANTO): Shares of the copper mining company were up by 7.49% at GBX 1,442.50, with a day’s high of GBX 1,447.50 and a volume of 1.73 million shares. The stock price gained following the rise in copper prices in the international market. The near month future contract of copper was up by over 3.3%. The company’s total copper production was at 542.6 kt in the first nine months of 2021.
- 13 January 2022- Prudential Plc (LON: PRU): Shares of the life insurance service provider were up by 2.93% at GBX 1,337, with a day’s high of GBX 1,339 and a volume of 9.46 million shares. The stock price saw buying interest following three days of sell-off from investors. The share price is up by 1.29% since the start of the week.
- 14 January 2022- Standard Chartered Plc (LON: STAN): Shares of the banking services company were up by around 2% at GBX 521, with a day’s high of GBX 524 and a volume of over 5.2 million shares. The bank, in its quest to open a standalone wealth management unit in China, has hired Sandie Okoro, World Bank’s senior vice president, as its general counsel.
Top fallers of the week:
- 10 January 2022- Spirax-Sarco Engineering Plc (LON: SPX): Shares of the industrial engineering service provider were down by 6.54% at GBX 14,215, with a day’s low of GBX 14,185 and a volume of 0.13 million shares. The stock continued its weakness after last week’s fall. The share price is down by nearly 12% since the start of 2022.
- 11 January 2022- Reckitt Benckiser Group Plc (LON: RKT): Shares of the hygiene and wellness product maker were down by 1.47% at GBX 6,228, with a day’s low of GBX 6,174 and a volume of 1.5 million shares. The stock continued to see profit booking from investors for the second consecutive trading session.
- 12 January 2022- Taylor Wimpey Plc (LON: TW.): Shares of the housebuilding company were down by 4.80% at GBX 161.80 with a day’s low of GBX 161.50 and a volume of 40.9 million shares. The stock price was down along with other stocks from the residential development segment following a letter by the housing secretary that developers in the UK should agree to £4 billion proposed plans to fix unsafe cladding in low-rise flats by March 2022 or else the authority will bring in the new law that will enforce the act on them.
- 13 January 2022- JD Sports Fashion Plc (LON: JD.): Shares of the sports and fashionwear retailer were down by 6.41% at GBX 197.95 with a day’s low of GBX 194.60 and a volume of 37.1 million shares. The stock price was down after the company’s Executive Chair Peter Cowgill sold 10 million shares valued at around £3 million. The share price is down nearly 7.5% since the start of the week.
- 14 January 2022- Royal Mail Plc (LON: RMG): Shares of the multinational postal services company were down by around 6.00% at GBX 495.80 with a day’s low of GBX 493.90 and a volume of around 4 million shares. The company has been witnessing some selling pressure on the expectation of an increase in cost due to wage inflation.
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