Weekly roundup of FTSE 100 risers and fallers (June 21-25)

4 min read | June 26, 2021 12:41 AM BST | By Kamalika Ghosh

FTSE 100 trended higher in the week ended 25 June. Here we are giving the roundup of gainers and losers of every day during the passing week.

21 June 2021

Top riser

  •    Ocado Group Plc (LON: OCDO): The online grocery retailer closed at GBX 1957, up by 4.04% with an intraday high of GBX 1,980 after an overweight rating issued by Morgan Stanley. The Investment banking firm said that the recent fall in price has been too harsh. The stock was also up because Morrisons, which belongs to the same sector, received a takeover offer.

Top faller:

  • HSBC Holdings Plc (LON: HSBA): The banking stock closed the day at GBX 426.55, down by 0.66% with an intraday low of 422.1. The stock was in red after last Friday announcement of the potential sale of 100% ownership interest in the retail banking business in France. The business consists of 244 branches that serve 0.8 million customers and has an employee count of 3900.

22 June 2021:

Top riser:

  • British Land Company Plc (LON: BLND): The real estate management stock was the top gainer of the day, up by 4.72% at GBX 516.80 with an intraday high of GBX 523.20 after its price target got an upgrade from JPMorgan Chase. The Investment analyst at the firm gave an overweight rating on the stock.

Top faller:

  • Hargreaves Lansdown Plc (LON: HL.): The stocks of the company closed the day at GBX 1588, down by 2.64%, registering an intraday low of GBX 1,577. The stock was down after potential profit-booking by investor following the Monday close of GBX 1631, which was after a buy rating on the stock by Berenberg Bank.

23 June 2021

Top riser from FTSE 100:

  • JD Sports Fashion Plc (LON: JD.): Stock of JD Sports, which operates retail stores of branded sports fashionwear was up by 1.83% at GBX 903.20, with an intraday high of GBX 905.20. The stock moved higher on investors’ expectation of a positive earnings outlook. The company will be releasing its earnings soon, which is expected to be better than earlier estimated.

Top faller from FTSE 100:

  • Melrose Industries Plc (LON: MRO): was down by 2.65% at GBX 158.10 with a day low of 157.10. The stock saw profit booking after an intraday high of 163.20 pence. Recently the company announced a £730 million cash return to its shareholders, equivalent to 15p per share, as it sealed the £2.62 billion sales of its Nortek Air Management Division.

24 June 2021

Top riser:

  • Flutter Entertainment Plc (LON: FLTR): Stock of the sports betting and gaming company was up by 72% at GBX 14,370 as investor expectations of more restaurants and casinos to open up and betting industry reviving in upcoming months heightened. Recently the company had announced plans to spin off FanDuel and other US assets into a separate publically listed company which will create value for shareholders.

Top faller:

  • Vodafone Group Plc (LON: VOD): The telecom giant’s stock closed at GBX 125.30, down by 4.10%, on ex-dividend date of 24 June, which means the new buyer of the Vodafone share will not qualify for the 3.855p per share dividend, that the company declared on 18 May 2021.

25 June 2021

Top riser from FTSE 100:

  • JD Sports Fashion Plc (LON: JD.): Stock of JD Sports turned out to be the top gainer for the second day in the week, moving up by 4% to a record high of GBX 948. It was the impact of Nike’s better than expected earnings that led to a rally in the JD Sports shares, which intraday touched the high of GBX 958.00.

Top faller:

  • Flutter Entertainment Plc (LON: FLTR): The international sports betting company shares suffered profit booking on the last trading day of the week, losing almost 4% to GBX 13,800.00, more than what it had gained in the last session notching the top position among the FTSE 100. The volume also turned low as compared to the last day.

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