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The coronavirus outbreak in China is having a telling effect on the world economy. Travel and tourism industry has been badly affected. The movement of goods from one country to the other via sea has severely slowed down, and the scare of infection is keeping most people indoors leading to retail businesses across the world witnessing reduced footfall. There have been several companies on the London Stock Exchange which have issued profit warnings for the forthcoming year with the result that their stocks are getting severely beaten.
There are, however, several companies which have been performing well amidst all this chaos. Below we look at five of such stocks belonging to the FTSE 250 index which have performed well since the beginning of the year 2020.
- Daejan Holdings Plc â The stock of the company from the beginning of the year 2020 till the closing of trade on 2 March 2020 has given a return of 47.77 per cent in price returns on the London Stock Exchange. In the 52-week period to 2 March 2020 the shares of the company have registered the lowest price of GBX 4715.00 and the highest price of GBX 8,050.00.
Recent News â The company had recently announced that it had received a final cash offer from Dock Newco Limited for the already issued and to be issued share capital of Daejan Holdings Plc. The cash offer values each share of Daejan Holdings Plc at £80.50 each. The share prices of the company jumped significantly on the London Stock Exchange after the announcement.
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About Daejan Holdings Plc â Daejan Holdings Plc (LON:DJAN) is a British real estate rental company and part of the Freshwater Group of companies. The company manages a number of landmark properties in London, other parts of the United Kingdom and in the United States of America. The shares of the company trade on the main market segment of the London Stock Exchange.
- Avon Rubber Plc - The stock of the company from the beginning of the year 2020 till the closing of trade on 2 March 2020 has provided a return of 25.12 per cent in price returns on the London Stock Exchange. In the 52 week period to 2 March, 2020 the shares of the company have registered the lowest price of GBX 1,190.00 and the highest price of GBX 2,900.00.
Recent news â The company had announced on 2 March 2020 that it had won a contract from the United States Army for the supply of next-generation Vital Torso Protection, X-Side Ballistic Insert body armour plates. Under the order, deliveries are set to commence by 2021.
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About Avon Rubber Plc - Avon Rubber Plc (LON:AVON) is a technology group, which designs and manufactures products and provides services to its customers. The company operates in Chemical, Biological, Radiological and Nuclear (âCBRNâ) and milking point solutions. The company mainly has two businesses Avon Protection and milkrite InterPuls. Avon protection is used by military and fire markets. It is an advanced system used for CBRN respiratory protection. The milkrite InterPuls is providing solutions related to complete milking point to farmers across the world. Its shares trade on the London Stock Exchange, in the premium main market segment.
- Morgan Sindall Group Plc - The stock of the company from the beginning of the year 2020 till the closing of trade on 2 March 2020 has provided a return of 10.37 per cent in price returns on the London Stock Exchange. In the 52 week period to 2 March 2020 the shares of the company have registered the lowest price of GBX 1,056.60 and the highest price of GBX 1,980.00.
Recent News â The company was placed on the FTSE 250 list on 24 February 2020 after Sophos Group was deleted from the list on account of a cash offer from Surf Buyer Ltd. The shares of the company were previously on the FTSE small-cap index.
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About Morgan Sindall Group Plc â Morgan Sindall Group Plc (LON:MGNS) is the United Kingdom domiciled Construction & Regeneration group. The company has six operating divisions, namely the Partnership Housing, the Construction & Infrastructure, the Property Services, the Fitting  Out and the Urban Regeneration and Investments. Its shares trade on the London Stock Exchange, in the premium main market segment.
- IntegraFin Holdings Plc - The stock of the company from the beginning of the year 2020 till the closing of trade on 2 March 2020 has given a return of 9.43 per cent in price returns on the London Stock Exchange. In the 52 week period to 2 March 2020 the shares of the company have registered the lowest price of GBX 328.55 and the highest price of GBX 530.00.
Recent News â The company has recently been in news when founder and executive director of the company Michael Howard sold 8.5 million shares of its shares for a total consideration of £39.4 million. The proceeds of the sale were used to fund a charitable foundation that Michael Howard is promoting.
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About IntegraFin Holdings Plc â The company is a United Kingdom domiciled financial services firm providing its services to financial intermediaries like financial advisers and their clients. The shares of the company trade on the main market segment of the London Stock Exchange.
- Pennon Group Plc- The stock of the company from the beginning of the year 2020 till the closing of trade on 2 March 2020 has provided a return of 8.29 per cent in price returns on the London Stock Exchange. In the 52 week period to 2 March, 2020 the shares of the company have registered the lowest price of GBX 693.40 and the highest price of GBX 1,210.50.
Recent News â The company recently announced that it had reached an understanding with South West Water company on the water supply price determination for the 2020-2025 period. The announcement further states that as per the terms of the agreement, water bills for consumers will be lower than what they are today.
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About Pennon Group Plc - Pennon Group Plc (LON:PNN) is an Exeter, United Kingdom-based environmental utility infrastructure group. The operations of the group are differentiated in three operating segments: Waste Management, Water and wastewater services, and Non-household retail business. The shares of the company trade on the main market segment of the London Stock Exchange.
