UK movers – Stories for Shell, Anglo American and Lloyds

0
62
imageStock Markets18 hours ago (Jul 29, 2021 08:48)

© Reuters

By Samuel Indyk

Investing.com – At 08:44BST, the FTSE 100 is trading higher by 0.3% at 7,038.75. The midcap FTSE 250 index is trading higher by 0.2% at 23,064.05.  

Gainers

Rentokil (LON:RTO) (+4.5%) – Expects market expectations for annual profit to increase following H1 results which were “slightly ahead of expectations”.

Royal Dutch Shell (LON:RDSa) (+3.4%) – To buyback $2 billion shares, raise dividend as higher oil prices boosted earnings.

Anglo American (LON:AAL) (+4.1%) – Record profit in the first half of the year. Declared dividend of $3.1 billion and share buyback of $1 billion.

Lloyds (LON:LLOY) (+1.2%)– Restores dividend after reporting pretax profit of £3.9 billion in the first half.

BAE Systems (LON:BAES) (+2.2%) – Raises dividend by 5% and additional $500 million share buyback. Expects underlying EPS to grow by 3%-5% over last year.

Relx (LON:REL) (+2.4%) – Expects revenue and profit growth to be slightly above historical trends. Increasing interim dividend by 5% to 14.3p.

Laggards

Smith & Nephew (LON:SN) (-7.0%) – On track to meet full-year guidance assuming surgery volumes not constrained by the pandemic in the second half of the year.

BT Group (LON:BT) (-5.5%) – Revenue of £5.07 billion slightly below consensus of £5.15 billion.

National Express (LON:NEX) (-3.9%) – Half year revenue down 3.8% vs 2020. Group EBITDA increased 45% to £128.1 million.

UK movers – Stories for Shell, Anglo American and Lloyds

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

LEAVE A REPLY

Please enter your comment!
Please enter your name here