Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



3 Shares Set to Beat the FTSE Today

LONDON -- The FTSE 100 (INDEX: ^FTSE  ) is flat at 5,850 points mid-morning, having dropped when the market opened and then recovered to get back to yesterday's close. We've had a strong few weeks, with the index of the U.K.'s biggest shares up 6.5% since mid-July and perhaps poised to beat its 52-week high of 5,966 points set in March.

But wherever the index overall is going, many individual companies in the various FTSE indexes are performing well. Here are three that have gained today.

Gulf Keystone (LSE: GKP.L  )
Gulf Keystone Petroleum
perked up 4% to 213 pence after announcing a significant development in its Shaikan Field in Kurdistan, Iraq. In what was described as an important milestone, the company told us it has submitted a Declaration of Commercial Discovery for the field, and it will now move on to creating a development plan.

Gulf shares have been erratic this year, but they've put on a strong 47% since the end of June, and there are strong forecasts for 2013.

Lonrho (LSE: LONR.L  )
, which invests in agriculture, infrastructure, and other sectors in Africa, rose 5.8% to 8.4 pence on the release of interim results that saw like-for-like revenue up 29% to 123 million pounds in the six months to June 30. Gross margin increased by 3.6% to 25.6%, and net debt was reduced by 23% to 78.7 million pounds.

The boost came mainly from the company's focus on agribusiness, but its no-frills airline FastJet (backed by Sir Stelios Haji-Ioannou) helped it to a 32.5 million pounds pretax profit, up from 23.7 million pounds. A dividend is expected to be introduced in 2013.

Dixons (LSE: DXNS.L  )
Dixons Retail
continued its strong run with a 3% rise to 16.5 pence on the acquisition of a further 22% of PIXmania for 8 million pounds cash to add to the 77% it already owns. PIXmania owns the e-commerce platform that Dixons uses in the U.K. and Ireland, and the buyout improves Dixons' control over its online and other multichannel business.

Dixons shares have gained 72% since their 2012 low point in January, suggesting the high-street retailer has turned the corner, with forecasts suggesting nearly 30% earnings-per-share growth this year and a further 40% next year. However, there won't be much of a dividend for a while.

Neil Woodford owes his success to finding companies in strong sectors paying high dividends and avoiding risky shares like banks. To find out where he has his money, check out the Motley Fool report "8 Shares Held By Britain's Super Investor." It will only be free for a limited period, so click here to get your free copy now.

If you're interested in potentially rich sectors, the new Motley Fool report, "How To Unearth Great Oil & Gas Shares" might give you some ideas. It's a tricky business to analyze, and we need all the help we can get.

Further Motley Fool investment opportunities:

Alan Oscroft does not own any shares mentioned in this article. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.

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: 1980177, ~/Articles/ArticleHandler.aspx, 10/27/2016 5:12:53 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 18,169.68 -29.65 -0.16%
S&P 500 2,133.04 -6.39 -0.30%
NASD 5,215.97 -34.29 -0.65%

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

10/27/2016 11:35 AM
^FTSE $6986.57 Up +28.48 +0.41%
FTSE 100 CAPS Rating: No stars