Stock Watch; stocks and shares.
Byline: By Bronwyn HuddlestonTHE FTSE 100 rallied yesterday after its poor post-weekend slide, although initial signs suggested the market was going to fly, as the day wore on it settled down to finish 54.7 points up at 6514.
Further to our column yesterday, the volatility of the mining industry was again highlighted with most of the big losers making their share price back up after the previous day's poor trading. The fact the mining industry is seemingly at the whim of investors is currently making the price incredibly unpredictable, as witnessed by Antofagasta - leaping 37.5p to 818p and Vedanta - climbing 96p to 2149p.
Elsewhere in the FTSE 100, other winners included Friends Provident 11100 whose price was buoyed on further firming of the proposed merger with Resolution; FP shares closed 6.9p up at 1 7 3 . 1 p.
Meanwhile, elsewhere, Persimmon Homes, the sixth worst performer on the FTSE this year, saw their shares jump at news of an opportunistic share buy-back. Chiefs at Persimmon said the recent sustained fall in the price prompted the move. Shares closed 39.5p up at 989p.
By Bronwyn Huddleston, Portfolio Manager, Barclays Wealth
Winners. . .
Rio Tinto +115 to 4165
Vedanta Resources +96 to 2150
Xstrata +83 to 3343
Anglo American +70 to 3116
Next +56 to 2055
Schroders +50 to 1483
Lonmin +48 to 3409
Schroders N/V +45 to 1287
BHP Billiton +41 to 1805
Persimmon +3912 to 98812
. . . & Losers
SABMiller - 17 to 1419
Tesco - 1014 to 45334
Br Am Tob - 5 to 1780
HSBC - 412 to 91812
Reuters Gp - 312 to 640
Royal Dutch Shell B - 3 to 2018
Vodafone Gp - 218 to 17758
Shire - 2 to 1170
Cadbury Schwep - 1 to 612
DSG International - 34 to 12038
CAPTION(S):
FTSE 100; FTSE 250; DOW JONES; NASDAQ
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Title Annotation: | Business |
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Publication: | The Journal (Newcastle, England) |
Date: | Oct 24, 2007 |
Words: | 300 |
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