3 Shares Beating the FTSE Today

LONDON -- The FTSE 100 (INDEX: ^FTSE  ) has been falling back this week, but that was arrested today, and it's currently seven points up at 5,805. It's looking unlikely that its 52-week high of 5,989 points will be beaten this week.

But if the Footsie is stumbling, there are plenty of individual companies in the various indexes that are doing fine. Here are three beating the FTSE today.

Home Retail (LSE: HOME.L  )
Home Retail gained 3.6% to 1.8 pence on the day it released half-year results. The real point of interest was its Argos stores, where online retail is going strong: Multichannel sales accounted for 51% of all sales during the period. As Argos moves its focus further from catalogue shopping to online, at least 75 stores will be closed or relocated.

Overall "benchmark" operating profit was down 29% to 19 million pounds, but that was expected, and the progress at Argos looks like a further step in a hopefully successful recovery.

Punch Taverns (LSE: PUB.L  )
Preliminary results from Punch Taverns lifted the shares 6.8% to 6.9 pence, as the figures were pretty much in line with expectations. Pre-tax profit is down 11% to 64 million pounds from last year, and earnings per share are down 16% to 7.2 pence. Net debt increased by 137 million pounds, but the firm's cash reserves stood at 264 million pounds at year-end.

So far, all of this seems to represent decent progress on the pub chain's restructuring.

If you're a new investor and want a bit more insight into the things that drive share prices, a copy of the Motley Fool report "What Every New Investor Needs To Know" could be very valuable. It's free, so you have nothing to lose. Just click here for your copy.

Condor Gold (LSE: CNR.L  )
Condor Gold rose 5.5 pence (3%) to 188 pence after the precious-metals explorer announced it has received approval from Nicaragua's Department of Mines to transfer the La Mojarra Concession to Condor's Nicaraguan subsidiary.

Condor, which also operates in El Salvador, has been on a good run of late, with the shares having more than quadrupled since their June low of 44 pence.

If digging for gold is risky but potentially rewarding, oil and gas can me more so. The Motley Fool report "How To Unearth Great Oil & Gas Shares" is intended to help, so click here to get your free copy while it's still available.

Further Motley Fool investment opportunities:

Alan 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.

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: 2073323, ~/Articles/ArticleHandler.aspx, 10/28/2016 12:51:02 AM

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 3 hours 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 Down +0.00 +0.00%
FTSE 100 CAPS Rating: No stars