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



FTSE Shares That Soared and Plunged This Week

LONDON -- The FTSE 100 enjoyed a second winning week in a row, picking up 140 points (2.3%) to end Friday at 6,356. That comes despite lingering fears surrounding the future of the Federal Reserve's quantitative easing policy, jitters over U.S. jobs figures, and further uncertainty over Chinese growth.

We had a mixed week for individual stocks, with a variety of risers and fallers. Here are two of each from the U.K.'s top-tier index.

Lloyds Banking Group (LSE: VOD  )
Lloyds Banking Group had another up week, gaining a further 1.5 pence (2.3%) to 64.6 pence. That might not sound like a lot, but the price of the taxpayer-funded bank has more than doubled over the past 12 months, and it may well have a lot further to go. After slumping to massive losses during the crisis, Lloyds is expected to turn in a pre-tax profit of around 3 billion pounds this year, climbing to 4 billion based on 2014 estimates. That gives us forward a P/E multiple for this year of over 14, which is high for the sector, but it drops to 11 for 2014.

Glencore Xstrata (LSE: GLEN  )
It's been another bad week for the miners, as investors just can't shake off their fears over Chinese economic growth. One of the biggest fallers this week was Glencore Xstrata, the biggest miner in the FTSE since the merger of its two halves. Over the week, the price slipped a further 15 pence (5.6%) to end the week at 257 pence -- it is now down 27% since the start of 2013, although others in the sector have fared worse. With a 20% fall in earnings forecast for the year, Glencore shares are on a forward P/E of 11.

Television broadcaster and producer ITV is another that has seen its stock double over the past year, and again it had a positive week, with a 9.4 pence (6.7%) rise to 150 pence. Recovering advertising revenues have done their bit to help, and the company has seen rising earnings for the past few years. And its dividend, which was suspended in 2009, is back and growing. Even after such a great price rise, forecasts put ITV at a forward P/E of a fairly modest 15. There's only a 2.4% dividend yield expected, but it should be three-times covered.

G4S (LSE: GFS  )
Ever since failing in its security contract for the London Olympics, G4S has been in the market's bad books, and though the price did recover some during the first few months of 2013, it has since slumped badly. This week saw no respite, with a further fall of 4.1 pence (1.8%) to 226 pence -- that's a 28% fall from April's high of 316 pence. But at a forward P/E of only 11 based on this year's flat earnings forecast, dropping to under 10 based on a return to earnings growth expected for 2014, and with a likely dividend yield of around 4%, G4S is looking cheap to me.

What now?
Dividends form a core part of many a successful long-term portfolio. Whether you need that income to live on, or want to reinvest it for the long term, there's nothing wrong with collecting robust and attractive payouts. And that's what the Fool's top U.K. analysts have been looking for.

In fact, they have uncovered a stock offering a yield of 5%, which they have declared their "Top Income Stock for 2013." The full in-depth report is free and can be accessed immediately -- just click here.

The Motley Fool is helping Britain invest. Better. And with the economy so uncertain, we're urging everyone to read "10 Steps to Making a Million in the Market" -- it may transform your wealth. Click here now to request your free, no-obligation copy.

Further Motley Fool investment opportunities:

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

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: 2525016, ~/Articles/ArticleHandler.aspx, 10/20/2016 5:28:14 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 18,162.35 -40.27 -0.22%
S&P 500 2,141.34 -2.95 -0.14%
NASD 5,241.83 -4.58 -0.09%

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

10/20/2016 12:09 PM
GFS $234.18 Down -1.22 -0.52%
G4S CAPS Rating: No stars
GLEN $237.03 Down -1.77 -0.74%
Glencore CAPS Rating: No stars
ITV $173.81 Down -5.99 -3.33%
ITV CAPS Rating: No stars
VOD $223.69 Down -0.26 -0.12%
Vodafone CAPS Rating: No stars