Stock market analysis from The Share Centre

Friday, 20 October 2006 12:00

Graham Spooner, investment adviser from The Share Centre, comments on this week's market.

He said: " This week saw the market continuing to move towards recent highs. Mining and Utilities were behind much of the strength, with the latter boosted by corporate activity and the former seeing investors take advantage of recent weakness."

The UK Market's Winners and Losers

Winners

Company Percentage change Closing price Comment
ITV 4.9% 105p Chairman announces intention to stay on.
Astrazeneca 4.1% 3502p Boosted by forecast-beating numbers from European peers.
BHP Billiton 2.2% 1020p Commodity prices increase.
Informa 13.6% 565p Confirms that it is in merger talks.
Misys 4.5% 198p New chief executive Mike Lawrie appointed.

Losers


Company Percentage change Closing price Comment
British Energy -19.9% 446p Warns that output will fall at two power stations due to cracks in boiler tubes.
Cadbury Schweppes -3.4% 538p Share price hit as peer Nestle announces sales figures that fall short of expectations.
Wolfson Electronics -36.4% 279p Warns that 4th quarter orders will be below par.
Benfield Group -10.5% 340p Disappointing trading statement.
Partygaming -15.2% 28.5p Announces that it will take a one-off charge of $250m to close down its US business.

NOTE: The companies detailed above may or may not be the biggest percentage movers (plus/minus) on the day.

Mondays companies reporting:

  • Interim Results:
    Tristel.

Tuesdays companies reporting:

  • Interim results:
    Hitachi Capital, BP (Q3), Reckitt Benckiser (Q3), Whitbread.
  • Final Results:
    Debenhams, Debts.co.uk.
  • Trading statements:
    Carpetright.

Wednesdays companies reporting:

  • Interim results:
    Amvescap (Q3), Elan Corporation (Q3).
  • Trading statements
    First Choice Holidays.

Thursdays companies reporting:

  • Interim Results:
    Blacks Leisure, Royal Dutch Shell (Q3), BAT (Q3), GlaxoSmithKline (Q3), Astrazeneca.
  • Final Results:
    Arcadia.
  • Trading statements
    Aviva.

Fridays companies reporting:

  • Interim Results:
    Clinphone, Shire (Q3).
  • Final Results:
    MJ Gleeson.
  • Trading statements:
    WPP (Q3).

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