Phoenix Group Holdings (PHNX)

Sector:

Insurance

Index:

FTSE 100

633.20p
   
  • Change Today:
    -2.00p
  • 52 Week High: 803.00p
  • 52 Week Low: 467.45p
  • Currency: UK Pounds
  • Shares Issued: 721.68m
  • Volume: 865,834
  • Market Cap: £4,569.66m

FTSE 100 risers: Oil majors, insurers power 'bear market' rally

By Alexander Bueso

Date: Wednesday 25 Mar 2020

LONDON (ShareCast) - (Sharecast News) - Shares of oil majors BP and Royal Dutch Shell powered Tuesday's bear market rally on the Footsie, alongside big advances for insurers and some beaten down travel stocks.
By the end of trading, the top flight index had put on 9.05% to finish at 5,446.01.

Yet Brent crude oil futures were in fact lower on the day, dipping 0.59% to $26.87 a barrel on the ICE.

June gold futures on COMEX on the other hand were flying, rising by 5.58% to $1,660/oz., as the most recent actions by the US Federal Reserve relieved the squeeze on US dollar funding.

The yellow metal was also benefiting from expectations for a larger Fed balance sheet and hence asset price inflation and hopefully higher prices of the more common sort further down the line.

Analysts at Goldman Sachs also believed that doubts around the euro area's future might be at work.

Shares of Polymetal jumped against that backdrop to near their 52-week highs, tracking a similar advance for gold.

Among the insurers making the most headway meanwhile were Phoenix Group, RSA Insurance and Legal & General.

JD Sports was also higher after the retailer reassured investors regarding its liquidity position.

The combination of a strong balance sheet, net cash resources and the substantial working capital facilities available to the Group in its various territories are more than adequate to meet the cash deficiencies which may reasonably be anticipated during the closure periods in our various territories," the company said.

Last, but not least, cruise-line operator Carnival topped the leaderboard, mirroring gains among peers on the other side of the Pond.

Market Movers

FTSE 100 (UKX) 5,324.37 6.62%

FTSE 100 - Risers

Carnival (CCL) 1,056.00p 27.54%
Royal Dutch Shell 'B' (RDSB) 1,268.20p 18.79%
Evraz (EVR) 248.10p 18.09%
Royal Dutch Shell 'A' (RDSA) 1,327.80p 17.78%
Prudential (PRU) 934.00p 17.31%
JD Sports Fashion (JD.) 425.20p 16.88%
BP (BP.) 299.35p 16.52%
Phoenix Group Holdings (PHNX) 543.90p 16.35%
RSA Insurance Group (RSA) 379.70p 16.15%
Polymetal International (POLY) 1,310.50p 15.82%

FTSE 100 - Fallers

Reckitt Benckiser Group (RB.) 5,668.00p -3.36%
ITV (ITV) 58.76p -2.10%
Ocado Group (OCDO) 1,243.50p -1.74%
AstraZeneca (AZN) 6,722.00p -1.60%
Associated British Foods (ABF) 1,618.00p -0.58%
Unilever (ULVR) 3,918.00p -0.37%
Tesco (TSCO) 211.80p -0.19%
Vodafone Group (VOD) 110.02p -0.16%
Croda International (CRDA) 4,164.00p 0.10%
Bunzl (BNZL) 1,405.50p 0.75%

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

 

PHNX Market Data

Currency UK Pounds
Share Price 633.20p
Change Today -2.00p
% Change -0.31 %
52 Week High 803.00p
52 Week Low 467.45p
Volume 865,834
Shares Issued 721.68m
Market Cap £4,569.66m

PHNX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.00% above the market average95.00% above the market average95.00% above the market average95.00% above the market average95.00% above the market average
25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average
Price Trend
8.31% above the market average8.31% above the market average8.31% above the market average8.31% above the market average8.31% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Income
82.57% above the market average82.57% above the market average82.57% above the market average82.57% above the market average82.57% above the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
6.80% above the market average6.80% above the market average6.80% above the market average6.80% above the market average6.80% above the market average
Sector averageSector averageSector averageSector averageSector average

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 3
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PHNX Dividends

  Latest Previous
  Final Interim
Ex-Div 02-Apr-20 15-Aug-19
Paid 19-May-20 30-Sep-19
Amount 23.40p 23.40p

Trades for 09-Jul-2020

Time Volume / Share Price
16:35 327,268 @ 633.20p
16:29 251 @ 632.00p
16:29 530 @ 632.00p
16:29 9 @ 631.80p
16:29 4 @ 631.60p

PHNX Key Personnel

Chair Nicholas Lyons
CEO Andrew Briggs

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