FTSE 100 snapped the week in red but managed to hold the key support level of 7,000 after a mid-week rally. Here we are giving the roundup of the top gainer and top loser of every day during the passing week.
20 September 2021
Top riser:
- International Consolidated Airlines Group (LON: IAG): Shares of the passenger airlines company was up by 11.16% at GBX 166.18, with a day’s high of GBX 167.20 and a volume of 92.2 million shares. The stock price was up following the lifting of the Covid travel ban and the opening of the transatlantic route for fully vaccinated passengers by the US. The transatlantic route is a major revenue contributor to the IAG group business.
Top faller:
- Prudential Plc (LON: PRU): Shares of the life insurance company was down by 8.37% at GBX 1,324.50, with a day’s low of GBX 1,313 and a volume of 11.44 million shares after the company made an announcement of share listing on the Hong Kong Exchange. The company intends to raise up to 5% of its issued share capital by offering 130.8 million new shares for the subscription.
21 September 2021
Top riser:
- Entain Plc (LON: ENT): Shares of the sports betting and gaming company was up by 18.04% at GBX 2,261, with a day’s high of GBX 2,400 and a volume of 6.68 million shares after the company received an acquisition offer from DraftKings, which includes stock and cash deal proposal.
Top faller:
- Kingfisher Plc (LON: KGF): Shares of the home improvement company was down by 4.92% at GBX 349.90, with a day’s low of GBX 344.40 and a volume of 9.90 million shares after the company announced its results for the six months ended 31 July 2021. The company reported sales of £7,101 million. However, the sales growth slowed, which led to a decline in the stock price.
22 September 2021
Top riser:
- Antofagasta Plc (LON: ANTO): Shares of metals and mining company was up by 6.88% at GBX 1,420.50, with a day’s high of GBX 1,477 and a volume of 5.34 million shares. The copper-mining company was trading in the green, following jump in the copper prices in the international market after an ease in the Evergrande Group crises. The company has struck a deal with its borrowers on interest payment.
Top faller:
- Severn Trent Plc (LON: SVT): Shares of the water utility company was down by 1.49% at GBX 2,775, with a day’s low of GBX 2,749 and a volume of 0.38 million shares. The stock saw some profit booking after a rise of over 1.50% in the previous session.
23 September 2021
Top riser:
- Rolls-Royce Holdings Plc (LON: RR.): The airline engine maker’s shares were up by 3.90% at GBX 126.94, with a day’s high of GBX 127.30 and a volume of 64.21 million shares. The stock price was up as investors anticipated that the US’s decision to ease travel restrictions would benefit the company revenue as the airlines industry is a major revenue contributor to the company.
Top faller:
- Entain Plc (LON: ENT): Shares of the sports betting and gaming company was down by 4.84% at GBX 2,262, with a day’s low of GBX 2,257 and a volume of 9.26 million shares. The stock saw profit booking for the second consecutive day after a rise of over 18% following a takeover bid by the US-based rival betting firm DraftKings.
24 September 2021:
Top riser:
- Rolls-Royce Holdings Plc (LON: RR.): Shares of the airline engine maker was top gainer for the second consecutive day, adding over 5%, with a day’s high of GBX 133.56 and a volume of over 54.00 million shares. The stock price moved up by over 18% this week as investors anticipate demand revival in the aerospace industry after an ease in travel restrictions globally.
Top faller:
- Rentokil Initial Plc (LON: RTO): Shares of the pest control and business service company was down by around 3%, with a day’s low of GBX 589.40 and a volume of over 3.95 million shares. The stock price was down for the second consecutive day as investors anticipate a fall in the company’s revenue due to weak economic data in the UK.
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