Week 18 #WOTD – Leaders Scoring From Everywhere

Back to the league this week and the leaders are battling it out. Second place Glencore tried to take top spot by scoring a 9.3% growth in the week but Anglo American retained their place scoring an amazing 10.8% in the week (more than each of the teams in the bottom half’s year to date growth!).

Both benefitting from the surge in copper prices (new all time high) but Anglo American (AAL) followed this up with news of a mine reopening and investor approval of spinning off their South African thermal coal business. Glencore (GLEN) still provided good additional news in the form of a ‘balance sheet turnaround’ and increasingly likely share buyback (Full Story) but it wasn’t enough to beat Glencore this week.

London Stock Exchange (LSEG) remain bottom racking up another 2.5% loss for the week bringing year to date down 19.9%. This was following them stating they had a good quarter with increases in their ‘favoured’ profit measure of 4% and gross profit (excluding currency fluctuation and a deferred revenue adjustment) of 4%. Unfortunately, they trade in multiple currencies and the market goes by actual results which was a reduction in gross profit by 0.5% and reported income also fell 1.2%. Full Story

And Reckitt Benckiser (RKT) plummeted down to 19th after being the only other company with a loss for the week (-1.7%) thanks to a dent in sales in their health and nutrition businesses. Full Story

What can SMEs take from this weeks movements?

  1. Measure your results the same way everyone does – without excuses or reasons.
  2. If you’re doing well, keep going!
  3. When you are big enough, diversify so that dents in sales for some products do not impact your business too much overall.

League Table

Now to the all important league table.

PosCompanyWeekYTD Change
1Anglo American10.8%40.3%
2Glencore9.3%38.5%
3Lloyds Banking2.2%27.5%
4BP3.5%23.1%
5BHP Group7.2%21.6%
6Rio Tinto PLC7.7%19.7%
7HSBC-0.3%19.2%
8Vodafone Group PLC3.9%17.5%
9Prudential2.8%17.1%
10Diageo1.0%14.0%
11Royal Dutch Shell A4.7%10.1%
12Royal Dutch Shell B5.4%8.7%
13National Grid2.7%8.1%
14Relx1.7%6.7%
15AstraZeneca0.3%5.7%
16British American Tobacco6.2%5.1%
17GlaxoSmithKline1.2%1.0%
18Unilever1.3%-2.4%
19Reckitt Benckiser-1.7%-3.0%
20London Stock Exchange-2.5%-19.9%
Source: https://uk.investing.com/equities/united-kingdom

Who is going to lose it all?

Who is going to recover?

What do you think? Let us know in the comments.

Until next week.

Contributor

Gary LinTicker – Talking business from a gamification point of view and how this can help you, includes Watch of The Day

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