Stockmarket

Vodafone, Flutter, lead FTSE 100 weekly winners; Barclays, Lloyds among losers




Investing.com – Here are this week’s top movers, a week in which the FTSE 100 closed up 1.5%:

Top FTSE 100 gainers

  • Vodafone Group PLC (LON:): The telecoms company gained 11.2% this week, after Liberty Global (NASDAQ:) took a 4.92% stake in the company.
  • Flutter Entertainment PLC (LON:): The online gaming company gained 10.9% this week, as investors reacted positively to news that the company is considering a U.S. listing.
  • Coca Cola HBC AG (LON:): The soft drinks bottler rose 10.5% this week, after reporting better-than-expected operating profit in its Q4 results, which led to several sell-side price target hikes.
  • EasyJet PLC (LON:): The budget airline rose 9.1% this week, after Tui AG NA (ETR:) reported strong numbers, which boosted the travel sector as a whole.
  • Burberry Group PLC (LON:): The luxury fashion brand gained 7.3% this week, following strong results from Kering (LON:) (EPA:) and hopes for a recovery in China.

Top FTSE 100 losers

  • Hargreaves Lansdown PLC (LON:): The financial services company lost 7% this week, following the release of its results.
  • Barclays (LON:): The banking company lost 6.6% this week, after poor results due to weak investment banking fees.
  • NatWest Group PLC (LON:): The banking company lost 6.5% this week, amid worries that the UK government might divest its stake after the company’s strong performance.
  • Lloyds Banking Group PLC (LON:): The banking company lost 4.5% this week, dragged down by its peers.
  • Persimmon (LON:): The housebuilding company lost 3.7% this week, after DeutscheBank cut its rating of Persimmon to sell from hold.



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.