Spirax-Sarco Engineering (SPX)

Sector:

Engineering

Index:

FTSE 100

8,850.00p
   
  • Change Today:
      50.00p
  • 52 Week High: 9,400.00
  • 52 Week Low: 5,900.00
  • Currency: UK Pounds
  • Shares Issued: 73.61m
  • Volume: 111,774
  • Market Cap: £6,515m
  • RiskGrade: 110
  • Beta: 1.18

FTSE 100 movers: DCC rallies on results; Vodafone retreats

By Michele Maatouk

Date: Tuesday 14 May 2019

LONDON (ShareCast) - (Sharecast News) - London's FTSE 100 was up 0.9% to 7,224.87 in afternoon trade on Tuesday as investors digested the latest UK jobs data and Sino-US trade developments.
Spirax-Sarco Engineering rallied ahead of its inclusion in an MSCI index series, while DCC gained after it said annual pre-tax profit rose 3.3% as acquisitions helped the sales and support services group overcome mild weather that affected its heating businesses.

Miners were the standout gainers overall, with Glencore, Antofagasta, Rio Tinto and Anglo American all higher as copper prices rose.

BHP was also in focus after the miner's chief executive said his company had a strong future no matter how climate change and other developments play out.

Andrew Mackenzie told a conference the FTSE 100 miner's mix of businesses would do well under almost all scenarios. Decarbonisation, electric transport, the future of work and food security are among the themes BHP monitors, he said.

On the downside, Vodafone retreated, revering earlier gains as it cut its full-year dividend to 9 cents a share from 15 cents and said it swung to an annual loss of €7.6bn from a profit of €2.8bn the year before. Revenue at the company fell 6.2% to €43.7bn.

Richard Hunter, head of markets at Interactive Investor, argued that while there is "a long list of reasons to be uncheerful" about the results, there are also grounds for optimism over Vodafone's ambitions.

"The reduction to the dividend is prudent, given the enormous constraints on cash flow, not to mention that dividend cover had slipped to unsustainable levels. Even after the cut, the yield will remain punchy and the group has committed to returning to a progressive policy."

Land Securities was weaker as it said a "significant" drop in the value of its retail assets led to wider full-year pre-tax losses as retail failures increased vacancies and the company warned of no let-up in the near term.



FTSE 100 - Risers

Evraz (EVR) 585.60p 5.25%
Spirax-Sarco Engineering (SPX) 8,405.00p 4.28%
Fresnillo (FRES) 750.60p 3.39%
DCC (DCC) 6,678.00p 2.96%
Glencore (GLEN) 279.35p 2.82%
Antofagasta (ANTO) 825.00p 2.71%
Rio Tinto (RIO) 4,474.50p 2.44%
Anglo American (AAL) 1,909.00p 2.41%
Hargreaves Lansdown (HL.) 2,303.00p 2.26%
BHP Group (BHP) 1,750.00p 2.15%

FTSE 100 - Fallers

Vodafone Group (VOD) 129.28p -1.90%
Land Securities Group (LAND) 876.00p -1.82%
Ocado Group (OCDO) 1,299.79p -1.49%
easyJet (EZJ) 1,006.00p -1.03%
Imperial Brands (IMB) 2,151.00p -0.94%
Bunzl (BNZL) 2,088.00p -0.57%
Rentokil Initial (RTO) 379.90p -0.45%
British Land Company (BLND) 561.59p -0.36%
Unilever (ULVR) 4,635.50p -0.30%
NMC Health (NMC) 2,543.00p -0.27%

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SPX Market Data

Currency UK Pounds
Share Price 8,850.00p
Change Today 50.00p
% Change 0.57 %
52 Week High 9,400.00
52 Week Low 5,900.00
Volume 111,774
Shares Issued 73.61m
Market Cap £6,515m
Beta 1.18
RiskGrade 110

SPX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.54% below the market average99.54% below the market average99.54% below the market average99.54% below the market average99.54% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
79.80% above the market average79.80% above the market average79.80% above the market average79.80% above the market average79.80% above the market average
56.10% above the sector average56.10% above the sector average56.10% above the sector average56.10% above the sector average56.10% above the sector average
Income
94.21% below the market average94.21% below the market average94.21% below the market average94.21% below the market average94.21% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
78.27% above the market average78.27% above the market average78.27% above the market average78.27% above the market average78.27% above the market average
63.16% above the sector average63.16% above the sector average63.16% above the sector average63.16% above the sector average63.16% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 6
Sell 0
Strong Sell 3
Total 12
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SPX Dividends

  Latest Previous
  Interim Final
Ex-Div 10-Oct-19 25-Apr-19
Paid 08-Nov-19 24-May-19
Amount 32.00p 71.00p

Trades for 06-Dec-2019

Time Volume / Share Price
16:35 30,607 @ 8,850.00p
16:29 77 @ 8,845.00p
16:29 150 @ 8,845.00p
16:29 8 @ 8,840.00p
16:29 70 @ 8,840.00p

SPX Key Personnel

CEO Nicholas John Anderson
Chair Jamie Pike

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