LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.
----------
FTSE 100 - WINNERS
----------
Taylor Wimpey, up 1.2%. The housebuilder continued the string of good news from the UK sector as it said the market has continued to be very positive and its sales rate has increased in the second half. Taylor said high levels of customer confidence and demand have been converted into increased sales and healthy sales price growth, boosted by a wide range of mortgage products currently available and tighter lending requirements, keeping monthly payments sustainable and affordable. Thanks to the robust market and its strong performance, Taylor Wimpey said it expects its operating profit margin to improve by 200 basis points in 2015.
----------
FTSE 100 - LOSERS
----------
TUI, down 4.9%, International Consolidated Airlines Group, down 2.8%, Carnival, down 2.5%, InterContinental Hotels Group, down 2.2%, easyJet, down 1.3%. Travel company shares were suffering following the terrorist attack in Paris late Friday, in which 129 people were killed. Responsibility for the attack has been claimed by the Islamic State, the extremist organisation, and France has responded by intensifying airstrikes in Syria and Iraq. Shares in Thomas Cook Group, the mid-cap travel operator, were down 3.9%.
----------
FTSE 250 - WINNERS
----------
Diploma, up 11%. The technical products and services company said its pretax profit and revenue edged higher in its recently-ended financial year, albeit as sales were held back in the second half by softer industrial markets and cost-cutting in the healthcare sector. Diploma said its pretax profit for the year to the end of September was GBP51.8 million, compared to GBP49.8 million a year earlier, as revenue rose to GBP333.8 million from GBP305.8 million. The group will pay a final dividend of 12.4 pence per share, up 7.0% year-on-year, bringing its total dividend up to 18.2p from 17.0p.
SIG, up 5.8%. The building products company said trading improved in October, following the profit warning it issued last month as it was hit by sluggish conditions in its key markets. The group had downgraded its underlying operating profit guidance for all of 2015 to GBP85.0 million to GBP90.0 million, down from the GBP98.1 million it made a year earlier. On Monday, the group said trading had improved in October and affirmed that reduced full-year guidance.
Keller Group, up 5.8%. The ground engineering company said it is on track to meet market expectations for 2015 after an in-line second half so far. The company, which provides engineering services for ground structures, primarily for construction projects but also for underground structures, said said overall trading in the four months to the end of October had been in line with its expectations. Keller said its order book at the end of October was around 20% higher year-on-year, or up 15% on a like-for-like basis.
----------
FTSE 250 - LOSERS
----------
Restaurant Group, down 4.2%. Nomura downgraded its rating on the company to Reduce from Neutral, arguing markets are failing to appreciate the threat the restaurant operator faces from the introduction of the National Living Wage in the UK. Nomura analysts Tim Barrett and Richard Stuber said in a labour-intensive sector such as restaurants, the National Living Wage represents an unprecedented cost headwind and threat to margins.
----------
MAIN MARKET AND AIM - WINNERS
----------
Eden Research, up 26%. The company said its Kenyan partner, Lachlan Kenya, has received approval to begin sales of Eden's fungicide 3AEY, to be sold under the trade name Hawk. Under Eden's licence agreement with Lachlan, it is now due a milestone payment and will receive royalties based on the net sales of 3AEY. It will supply Lachlan from the UK and has received an initial order to provide enough 3AEY to treat an area of around 1,667 hectares. "This is the first commercial order for 3AEY which will generate product sales revenue and royalties. We expect this to be the first of many such orders not only from Kenya, but also from our other partners in Europe in due course," Chief Executive Sean Smith said.
Safeland, up 8.1%. The property company said pretax profit surged in the first half thanks to higher revenue, driven by the completion of some key developments. Safeland said its pretax profit for the half to the end of September was GBP4.3 million, up from GBP2.2 million a year earlier, as revenue rose to GBP12.5 million from GBP7.8 million. The company said its results were boosted by the completion of a number of property developments, including two phases of its project in Wimbledon in south west London. Safeland did note the results were in part the result of the timing of completions and therefore do not necessarily provide a guide for the second half.
----------
MAIN MARKET AND AIM - LOSERS
----------
Juridica Investments, down 19%. The corporate legal claims advisor said it will see a return of USD2.0 million in relation to a recently completed legal case, below its original investment of USD3.5 million. A recent case, 5009-S, which involved a theft of trade secret dispute brought by a smaller plaintiff against a much larger company, has been completed. Although there was a full win on liability, the jury only awarded an amount that will result in Juridica receiving USD2.0 million. This falls below the USD3.5 million it had invested originally in the case, and a valuation of USD9.4 million related to the case in its net asset value as at the end of June.
----------
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
UK dividends calendar - next 7 days
Friday 24 May | |
abrdn Asian Income Fund Ltd | dividend payment date |
AVI Japan Opportunity Trust PLC | dividend payment date |
Braime Group PLC | dividend payment date |
Capricorn Energy PLC | ex-dividend payment date |
Centaur Media PLC | dividend payment date |
Clarkson PLC | dividend payment date |
Edinburgh Investment Trust PLC | dividend payment date |
Foresight Solar Fund Ltd | dividend payment date |
Greencoat Renewables PLC | dividend payment date |
Greggs PLC | dividend payment date |
Harworth Group PLC | dividend payment date |
Howden Joinery Group PLC | dividend payment date |
JPMorgan Asia Growth & Income PLC | dividend payment date |
M&G Credit Income Investment Trust PLC | dividend payment date |
Maven Income & Growth VCT 4 PLC | dividend payment date |
Nippon Active Value Fund PLC | dividend payment date |
Public Policy Holding Co Inc | dividend payment date |
Reckitt Benckiser Group PLC | dividend payment date |
Rightmove PLC | dividend payment date |
Rotork PLC | dividend payment date |
Spirax-Sarco Engineering PLC | dividend payment date |
St James's Place PLC | dividend payment date |
Starwood European Real Estate Finance Ltd | dividend payment date |
TP ICAP Group PLC | dividend payment date |
Tracsis PLC | dividend payment date |
Unite Group PLC | dividend payment date |
Monday 27 May | |
no events scheduled | |
Tuesday 28 May | |
Atrato Onsite Energy PLC | dividend payment date |
Chesnara PLC | dividend payment date |
Costain Group PLC | dividend payment date |
CQS Natural Resources Growth & Income PLC | dividend payment date |
Foxtons Group PLC | dividend payment date |
Quilter PLC | dividend payment date |
Team Internet Group PLC | dividend payment date |
Tetragon Financial Group Ltd | dividend payment date |
Wednesday 29 May | |
Fresnillo PLC | dividend payment date |
Mortgage Advice Bureau Holdings PLC | dividend payment date |
Seplat Energy PLC | special dividend payment date |
Stelrad Group PLC | dividend payment date |
Tyman PLC | dividend payment date |
Wheaton Precious Metals Corp | ex-dividend payment date |
Thursday 30 May | |
Advanced Medical Solutions Group PLC | ex-dividend payment date |
Alfa Financial Software Holdings PLC | ex-dividend payment date |
Alfa Financial Software Holdings PLC | special dividend payment date |
Alliance Trust PLC | ex-dividend payment date |
Anexo Group PLC | ex-dividend payment date |
Associated British Foods PLC | ex-dividend payment date |
Baillie Gifford Shin Nippon PLC | dividend payment date |
BlackRock World Mining Trust PLC | ex-dividend payment date |
British Smaller Cos VCT2 PLC | ex-dividend payment date |
Britvic PLC | ex-dividend payment date |
Canadian General Investments Ltd | ex-dividend payment date |
Card Factory PLC | ex-dividend payment date |
Centamin PLC | ex-dividend payment date |
Centrica PLC | ex-dividend payment date |
Cerillion PLC | ex-dividend payment date |
Coats Group PLC | dividend payment date |
Coca-Cola HBC AG | ex-dividend payment date |
DFS Furniture PLC | dividend payment date |
Dowlais Group PLC | dividend payment date |
Downing Renewables & Infrastructure Trust PLC | ex-dividend payment date |
Fair Oaks Income Ltd | ex-dividend payment date |
Fair Oaks Income Ltd Realisation | ex-dividend payment date |
Gamma Communications PLC | ex-dividend payment date |
Great Portland Estates PLC | ex-dividend payment date |
H&T Group PLC | ex-dividend payment date |
Henderson EuroTrust PLC | ex-dividend payment date |
Hill & Smith PLC | ex-dividend payment date |
Hilton Food Group PLC | ex-dividend payment date |
Intertek Group PLC | ex-dividend payment date |
JPMorgan European Growth & Income PLC | ex-dividend payment date |
JPMorgan Global Growth & Income PLC | ex-dividend payment date |
JTC PLC | ex-dividend payment date |
Keller Group PLC | ex-dividend payment date |
Law Debenture Corp PLC | ex-dividend payment date |
Likewise Group PLC | ex-dividend payment date |
LMS Capital PLC | ex-dividend payment date |
Macfarlane Group PLC | dividend payment date |
Marks & Spencer Group PLC | ex-dividend payment date |
Mobeus Income & Growth 2 VCT PLC | ex-dividend payment date |
Octopus AIM VCT 2 PLC | ex-dividend payment date |
Octopus Titan VCT PLC | dividend payment date |
On the Beach Group PLC | ex-dividend payment date |
Origin Enterprises PLC | ex-dividend payment date |
PetroTal Corp | ex-dividend payment date |
Premier Miton Global Renewables Trust PLC | ex-dividend payment date |
Regional REIT Ltd | ex-dividend payment date |
Sage Group PLC | ex-dividend payment date |
Seplat Energy PLC | ex-dividend payment date |
Severn Trent PLC | ex-dividend payment date |
Temple Bar Investment Trust PLC | ex-dividend payment date |
Triple Point Social Housing REIT PLC | ex-dividend payment date |
Ultimate Products PLC | ex-dividend payment date |
Vanquis Banking Group PLC | dividend payment date |
Victrex PLC | ex-dividend payment date |
Yu Group PLC | ex-dividend payment date |
Comments and questions to newsroom@alliancenews.com | |
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional. | |
Copyright 2024 Alliance News Ltd. All Rights Reserved. |