Top Ten Trending Stocks On FTSE 250 In January 2020

The Year 2020 is going to be a year of transformation of the markets in United Kingdom. Brexit, while being responsible for a lot of economic and political turmoil in the country also promises to bring in a new era of transformation as far as economic possibilities are concerned for United Kingdom. One of the direct beneficiaries from the outcome of Brexit would be the domestically focused companies which would see increased business activities on account of reduction in flow of goods and services from other eurozone countries. The prominence  of FTSE 250 index thus will increase in 2020, as it is home to many of the country’s mid-sized domestically focused companies from a wider array of industries which could very well lead the charge for the next phase of economic development of United Kingdom, post Brexit.

Below is a list of top 10 companies from the FTSE 250 index which have been trending on the London Stock Exchange in the Month of January 2020.

1. Premier Oil PLC – Premier Oil Plc (LON:PMO) is a London, United Kingdom-headquartered multinational oil and gas exploration and production company, with reserves and resources of around 867 million barrels of oil equivalent as at 31 December 2018. The company has oil and gas interests in Latin America, the Falkland Islands, South East Asia and the North Sea, where the group seeks to invest in high-quality opportunities.

Performance on the London Stock Exchange

Source – Thomson Reuters (one-month price chart)

At the time of writing this report on 23 January 2020 the shares of the company were trading on the London Stock Exchange for GBX 112.60.

In last one month, the shares have generated a return of +21.15 % and also a return of +15.43 % on a year to date basis.

2. Centamin PLC – Centamin Plc (LON:CEY) is a United Kingdom domiciled gold mining and production company. Headquartered in St Helier, Jersey, the company primarily explores gold ore deposits, with its principal operations being at the Sukari Gold Mine, which started operations in 2009.

Performance on the London Stock Exchange

Source – Thomson Reuters (one-month price chart)

At the time of writing this report on 23 January 2020 the shares of the company were trading on the London Stock Exchange for GBX 128.30.

In last one month, the shares have generated a return of +16.44 % and also a return of +2.36 % on a year to date basis.

3. Wizz Air Holdings PLC – Wizz Air Holdings Plc (LON:WIZZ) is a Geneva, Switzerland-headquartered budget airline which is the largest low-cost airline in Eastern and Central Europe. The airline connects 146 destinations across 44 countries and offers more than 650 routes from 25 bases through a fleet of 115 Airbus A320 and Airbus A321 aircrafts, which is one of the youngest aircraft fleets in the world with an average age of approximately 4 years. The operations of the business are differentiated in two operating segments, namely Airline and Wizz Tours.

Performance on the London Stock Exchange

Source – Thomson Reuters (one-month price chart)

At the time of writing this report on 23 January 2020 the shares of the company were trading on the London Stock Exchange for GBX 4203.00.

In last one month, the shares have generated a return of +6.71 % and also a return of +9.04 % on a year to date basis.

4. Synthomer PLC – Synthomer Plc (LON:SYNT) is one of the world’s leading suppliers of polymers. The company helps its clients from multiple industries, which include paper, construction, textiles, synthetic latex gloves and coatings to develop new products and improve performance for the existing products. The company operates globally with Europe, Asia, Middle East and North America being the key markets.

Performance on the London Stock Exchange

Source – Thomson Reuters (one-month price chart)

At the time of writing this report on 23 January 2020 the shares of the company were trading on the London Stock Exchange for GBX 348.40.

In last one month, the shares have generated a return of -3.03 % and also a return of -3.96 % on a year to date basis.

5. Syncona Ltd – Syncona Ltd (LON:SYNC) makes selective investments in the advanced areas of the healthcare sector. The company takes a long-term view before investing and works deeply in partnership with other companies to build market leaders in life sciences. The company is presently focussing on the European and UK markets.

Performance on the London Stock Exchange

Source – Thomson Reuters (one-month price chart)

At the time of writing this report on 23 January 2020 the shares of the company were trading on the London Stock Exchange for GBX 227.10.

In last one month, the shares have generated a return of +1.36 % and also a return of +1.83 % on a year to date basis.

6. Redrow PLC – Redrow Plc (LON:RDW) is a United Kingdom domiciled housing development company. The company’s product range is mainly focused on regional businesses in Greater London and traditional family housing in its apartment schemes.

Performance on the London Stock Exchange

Source – Thomson Reuters (one-month price chart)

At the time of writing this report on 23 January 2020 the shares of the company were trading on the London Stock Exchange for GBX 786.25.

In last one month, the shares have generated a return of +7.65 % and also a return of +5.77 % on a year to date basis.

7. Oxford Instruments PLC – Oxford Instruments Plc (LON:OXIG) is an Abingdon, United Kingdom-headquartered leading provider of high technology products, systems and tools to leading scientific research communities and industrial companies in the world to enable their analytical, manufacturing, monitoring and research goals across a wide range of applications. The group helps in achieving increased connectivity, improved health and advances in scientific understanding by enabling its customers to accelerate their R&D, increase productivity and make new scientific discoveries by analysing and manipulating materials down to the atomic and molecular levels. The operations of the group are differentiated in three operating segments, namely Materials & Characterisation, Research & Discovery, and Service & Healthcare

Performance on the London Stock Exchange

Source – Thomson Reuters (one-month price chart)

At the time of writing this report on 23 January 2020 the shares of the company were trading on the London Stock Exchange for GBX 1582.00.

In last one month, the shares have generated a return of +7.19 % and also a return of +2.60 % on a year to date basis.

8. Micro Focus International PLC – Micro Focus International Plc (LON:MCRO) is a British company engaged in the business of delivering and supporting software solutions, and its business involves acquiring companies whose margins it believes it can improve. The company operates five portfolios with approximately 500 product lines and helps around 40,000 customers, ranging from small and medium-sized enterprises to most of the companies listed in the Forbes Global 2000 rankings.

 Performance on the London Stock Exchange

Source – Thomson Reuters (one-month price chart)

At the time of writing this report on 23 January 2020 the shares of the company were trading on the London Stock Exchange for GBX 1081.80.

In last one month, the shares have generated a return of +2.69 % and also a return of +3.21 % on a year to date basis.

9. Greggs PLC – Greggs Plc (LON:GRG) is a United Kingdom domiciled bakery product retailing company. The company operates the largest bakery chain in the United Kingdom with more than 2000 locations across the United Kingdom.

Performance on the London Stock Exchange

Source – Thomson Reuters (one-month price chart)

At the time of writing this report on 23 January 2020 the shares of the company were trading on the London Stock Exchange for GBX 2,358.00.

In last one month, the shares have generated a return of +4.84 % and also a return of +3.66 % on a year to date basis.

10. Fresnillo PLC - Fresnillo Plc (LON:FRES) is a Mexico-based precious metal group, which provides mining and exploration services. The group has seven operating mines - all of them in Mexico - along with other development and exploration projects. It develops high potential silver and gold projects into low-cost, world-class mines, with business model spanning the full mining value chain right from exploration, construction and development, to mining operations. The company primarily serves customers in the United Kingdom and Mexico.

Performance on the London Stock Exchange

Source – Thomson Reuters (one-month price chart)

At the time of writing this report on 23 January 2020 the shares of the company were trading on the London Stock Exchange for GBX 626.60.

In last one month, the shares have generated a return of +9.63 % and also a return of -0.41 % on a year to date basis.