SHEL, BA., GSK: Should you eye these FTSE 100 stocks for now?

UK’s blue-chip FTSE 100 index was trading in the green on Wednesday, gaining ground amid the rising volatility in the market. While inflation levels are soaring and economic growth is slowing down, the FTSE 100 index has gone higher, outstripping the fears of recession. The index was up by 0.51% or 38.40 points on Wednesday, 25 May 2022.  

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Going through the market ups and downs, the overall value of the blue-chip index has gone up over the last one week, from 7,373.78 on 19 May to 7,522.75 on Wednesday. The index pushed higher despite reports of UK business activity hitting a record low level in May, with the S&P Global/CIPS composite purchasing managers’ index falling to 51.8 from 58.2 in April.

Even though FTSE 100 has been on a roller coaster ride amid rising inflation and growing threats of a recession, investors go for FTSE 100 stocks as they are considered to be more stable during times of market instability and they generally offer dividend incomes to shareholders.

Let’s look at the share price performance of 3 FTSE 100-listed stocks that investors may explore in these uncertain times.

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Shell plc (LON: SHEL)

The shares of the oil and gas giant, Shell plc, closed at GBX 2,738.50, down by 0.53% on 25 May 2022. The FTSE 100 index constituent has provided its shareholders with a return of 70.57% over the last one year as of 25 May 2022. The company’s market cap stands at £176,415.00m as of 25 May 2022 and it is currently offering a dividend yield of 3.3% a year.

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BAE Systems Plc (LON: BA.)

The shares of the UK-based aerospace company, BAE Systems plc, closed at GBX 764.80, down by 0.60% on 25 May 2022. The FTSE 100 index constituent has provided its shareholders with a return of 47.08% over the last one year as of 25 May 2022. The company’s market cap stands at £26,282.41 million, as of 25 May 2022, and it is currently offering a dividend yield of 3.3% a year.

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GSK plc (LON: GSK)

The shares of the British manufacturer of medicines, vaccines, and consumer healthcare products, GSK plc, closed at GBX 1,775.00, down by 0.39% on 25 May 2022. The FTSE 100 index constituent has provided its shareholders with a return of 31.29% over the last one year as of 25 May 2022. The company’s market cap stands at £90,240.55 million, as of 25 May 2022, and it is currently offering a dividend yield of 4.2% a year.