3 Shares the FTSE Should Beat Today

LONDON -- The upbeat week for the FTSE 100 (FTSEINDICES: ^FTSE  ) has come to an end today, as the U.S. fiscal crisis appears to be back on after Republicans have dropped their tax reform proposal. The index of top U.K. stocks is down 0.76% to 5,913 points as of 9 a.m. EST, and now it does not look like it will break its 52-week high of 5,989 before Christmas.

Some constituents of the various FTSE indexes have fallen even further today. Here are three that are dropping.

BAE Systems (LSE: BA  )
You would think that the awarding of a new 2.5 billion pound contract might cause a company's shares to rise, would you not? Well, that's not what happened to BAE Systems, whose shares have dropped 2% to 341 pence after the aerospace and defense engineer announced a new contract with the government of Oman. BAE is to supply the Oman Royal Air Force with 12 Typhoon and eight Hawk trainer aircraft, with deliveries due to commence in 2017.

BP (LSE: BP  ) (NYSE: BP  )
Shares in BP dropped 0.8% after the oil giant announced a new share issue for investors wanting to take their shares as SCRIP -- that is, new shares instead of cash. BP's third-quarter dividend payment is due today, and the firm has issued nearly 73 million new shares to cover it. That might sound a lot, but BP already has about 20 billion shares in issue.

Speaking of dividends, with BP's share price still depressed, current forecasts suggest there will be a total dividend yield of 5% for the year to Dec. 31, rising to 5.3% next year.

Quindell (LSE: WTG  )
Quindell Portfolio, the provider of software and services to the insurance and telecommunications sectors, has seen its shares bouncing up and down of late. Earlier this week the price picked up following a positive trading update, but today it's down 4.3% to 15.7 pence after the firm announced the acquisition of Silverbeck Rymer Solicitors.

The deal was by way of 97 million new Quindell shares plus 12 million pounds in cash.

Finally, how does Britain's ace investor Neil Woodford avoid share price falls? He goes for a strategy of buying solid blue-chip shares paying dependable long-term dividends. And in doing so, he has built a record of beating the FTSE for nine straight years. If you want to see how Woodford manages to beat the market, the free Motley Fool report "8 Shares Held By Britain's Super Investor" takes a look at some of his key holdings. To get your copy, click here while it's still available.

Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2165926, ~/Articles/ArticleHandler.aspx, 10/25/2016 8:35:29 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,169.27 -53.76 -0.30%
S&P 500 2,143.16 -8.17 -0.38%
NASD 5,283.40 -26.43 -0.50%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/25/2016 12:01 PM
BA $541.77 Up +1.77 +0.33%
BAE Systems CAPS Rating: No stars
BP $496.39 Up +9.44 +1.94%
BP CAPS Rating: No stars
WTG $185.50 Up +0.50 +0.27%
Watchstone Group CAPS Rating: No stars
BP $36.04 Up +0.17 +0.47%
BP CAPS Rating: ****