Please ensure Javascript is enabled for purposes of website accessibility

FTSE Shares That Soared and Plunged This Week

By Alan Oscroft - Dec 28, 2013 at 11:45AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

A look back at the week in London.

LONDON -- There hasn't been much news during Christmas week, but the FTSE 100 (FTSEINDICES: ^FTSE) has at least made a bit of progress. The U.K.'s top index finished the week up 144 points at 6,751, giving us two weeks of gains following on from that six-week losing streak. The FTSE is now only 125 points short of the 13-year high it reached in May.

Here's a quick look at some of the week's movers.

British Sky Broadcasting (SKY)
The British Sky Broadcasting price took a dive when BT Group won the rights to European Football for the next couple of years, but it's been clawing its way back during December.

Last week we saw a gain of 50.5 pence (6.4%) to take it to 844.5 pence, as the company continues its aggressive share buyback programme. The stock is now on a pretty average P/E of 14.5 based on forecasts for the year to June 2014, with a dividend yield of close to 4% expected.

Fresnillo (FRES 1.32%)
Silver and gold miner Fresnillo has suffered badly from falling precious metals prices, and has slumped by more than 60% during 2013 -- though that was from a very optimistic valuation at the start of the year.

Could it have bottomed out? Well, last week brought a welcome 38 pence (5.5%) lift to 735 pence, but the stock is still valued at 26 times forecast earnings.

Intertek (ITRK 0.66%)
Intertek continued its December recovery with a one-week gain of 139 pence (4.7%) to finish at 3,110 pence, taking the price of the safety and quality specialist up 6.3% since its recent low of 2,927 pence on Dec. 16.

But over the past 12 months, the stock is still slightly under break even, and there's only a modest dividend yield of 1.6% expected. On a P/E of 22 after a strong run since 2009, Intertek shares are perhaps a little pricey now.

Royal Mail (RM -2.69%)
Royal Mail shares have done well since flotation. But they shed 11 pence to 580 pence as the company was admitted to the FTSE 100 in the index's latest reshuffle. That's a fall of only 1.9%, but it was one of the FTSE 100's biggest in a generally upbeat week.

At 580 pence, Royal Mail is up a very nice 76% on its flotation price of 330 pence, lending support to those who claimed the government sold it off too cheaply.

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 5.5% which they have declared their "Top Income Stock." 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:

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Intertek Group plc Stock Quote
Intertek Group plc
$4,899.00 (0.66%) $32.00
Sky plc Stock Quote
Sky plc
Fresnillo PLC Stock Quote
Fresnillo PLC
$784.40 (1.32%) $10.20
RM plc Stock Quote
RM plc
$145.00 (-2.69%) $-4.00

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/21/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.