Email Facebook Twitter

Tech company Mporium delivers an outstanding set of Q1 results says CEO De Groot
IronRidge Resources CEO hails spectacular lithium project and money making potential for gold

ShareCast News

Sector movers: Retailers add more unlikely gains

Mon, 11th Feb 2019 15:57

(Sharecast News) - Retailers provided perhaps a surprising thrust on Monday, with only four sectors in negative territory.

The general retail sector was the top riser on the same day that industry data showed that shopper footfall declined for the fourteenth consecutive month. The report from Springboard and the British Retail Consortium also showed that almost one in ten shops stands empty in town centres around the UK.

Investors perhaps saw that the footfall decline in January of 0.7 was not as bad a decline as the 1.6% and thought the decline is coming to an end.

With food retail being the second best performer so far in 2019 and the general retail sector third, investors also appear to be bargain hunting that the depressed valuations aren't going to get any worse with whatever Brexit deal or no-deal Theresa May secures in the coming month or two.

N Brown was the top FTSE 350 riser, up over 4%, while Next and B&M European Value, JD Sports, Kingfisher, Dunelm and Marks & Spencer were all up around 2% or so.

Tobacco construction and mobile telecoms were among the other risers.

Leading the health care equipment sector to its bottom spot was Smith & Nephew, following a report late on Friday that it is in discussions to buy US medical equipment company NuVasive for more than $3bn.

Some analysts reported that investors were not impressed. But those at Cantor Fitzgerald said they thought the deal "is unlikely because we think there are more attractive acquisition targets that would better align with the goals of SNN's renewed M&A focus".

Top performing sectors so far today

General Retailers +2.09%

Tobacco +2.09%

Forestry & Paper +2.08%

Construction & Materials +1.96%

Mobile Telecommunications +1.73%

Bottom performing sectors so far today

Health Care Equipment & Services -1.61%

Pharmaceuticals & Biotechnology -0.47%

Technology Hardware & Equipment -0.27%

Insurance (non-life) -0.04%

Mining +0.04%

Market Movers

FTSE 100 (UKX) 7,134.53 0.90%

FTSE 250 (MCX) 18,839.49 1.00%

techMARK (TASX) 3,452.84 0.34%

FTSE 100 - Risers

TUI AG Reg Shs (DI) (TUI) 958.48p 4.94%

Smurfit Kappa Group (SKG) 2,232.00p 3.91%

Ocado Group (OCDO) 939.40p 3.87%

Hargreaves Lansdown (HL.) 1,680.50p 2.88%

WPP (WPP) 825.80p 2.86%

Schroders (SDR) 2,660.00p 2.66%

NMC Health (NMC) 2,658.00p 2.55%

British American Tobacco (BATS) 2,757.00p 2.53%

Scottish Mortgage Inv Trust (SMT) 494.70p 2.48%

Carnival (CCL) 4,333.00p 2.43%

FTSE 100 - Fallers

Antofagasta (ANTO) 838.40p -3.79%

Smith & Nephew (SN.) 1,472.00p -2.84%

Anglo American (AAL) 1,910.60p -1.25%

GlaxoSmithKline (GSK) 1,547.80p -1.09%

Glencore (GLEN) 289.65p -0.82%

Direct Line Insurance Group (DLG) 340.70p -0.76%

Royal Bank of Scotland Group (RBS) 237.40p -0.71%

Admiral Group (ADM) 2,129.00p -0.51%

Compass Group (CPG) 1,745.00p -0.23%

AstraZeneca (AZN) 5,684.00p -0.21%

FTSE 250 - Risers

Contour Global (GLO) 171.80p 7.98%

Metro Bank (MTRO) 1,340.09p 5.52%

Indivior (INDV) 106.60p 5.49%

IWG (IWG) 231.20p 4.05%

Just Eat (JE.) 731.40p 3.89%

Travis Perkins (TPK) 1,263.50p 3.86%

Wizz Air Holdings (WIZZ) 3,173.00p 3.83%

Daejan Holdings (DJAN) 6,010.00p 3.62%

Funding Circle Holdings (FCH) 344.85p 3.26%

Ted Baker (TED) 1,878.00p 3.19%

FTSE 250 - Fallers

Hilton Food Group (HFG) 888.00p -2.84%

Kaz Minerals (KAZ) 606.40p -1.88%

Tritax Big Box Reit (BBOX) 136.40p -1.52%

Petrofac Ltd. (PFC) 388.50p -1.40%

Beazley (BEZ) 502.00p -1.28%

Playtech (PTEC) 379.00p -1.22%

Acacia Mining (ACA) 190.00p -1.12%

Euromoney Institutional Investor (ERM) 1,286.00p -1.08%

Diploma (DPLM) 1,274.00p -1.01%

Coats Group (COA) 89.00p -1.00%

Back to ShareCast News

Share Price, Share Chat, Stock Market news at
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at

Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.