Latest Share Chat

REMOVE ADS

-1x Boeing Share News (BAES)

-1x Boeing Information

Share Price Information for -1x Boeing (BAES)

Share Price is delayed by 15 minutes

Get Live Data

2.86 -0.01 (-0.34%)

Bid:

2.88

Ask:

2.94

Spread: 0.06 (2.083%)

Market Cap: -

Last checked at -

Intraday -1x Boeing Share Chart

REMOVE ADS

BUZZ-Rolls Royce: sector rotation boost

Thu, 19th Feb 2015 11:35

** Rolls Royce enjoys brief stint at top of FTSE 100 & up at 4-mth highs, rallying with peers as defencesector falls into focus after BAE Systems reports FY

** One UK-based trader said sector rotation was at play

** While BAE up 19 pct over the past 12 mths, investors inRR have had a rough ride & shares still down 19 pct since aprofit warning this time last yr, blamed on declining US &European military budgets

** RR rises 2.2 pct & for BAE, profit-taking after resultsproves short-lived on Thurs as stock bounces back from 4.4 pctslide to trade near highs of the day

** One London-based analyst cites headlines relating toBAE's optimism over US military spend next yr as the catalystfor BAE's rally

** Of the stocks, Galvan's head of trading Ed Woolfitt sayshe would choose RR over BAE as underperformance narrows

** Smaller peer Meggitt up 1.3 pct (RM: tricia.wright1.thomsonreuters.com@reuters.net)