Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Indexes
  3. United Kingdom
  4. Great Britain
  5. FTSE 100
  6. News
  7. Summary
    UKX   GB0001383545

FTSE 100

Delayed Quote. Delayed Great Britain - 09/27 11:35:29 am
7063.4 PTS   +0.17%
7061.8 PTS
09/27European Stocks Mixed as Social Democrats Top German Election Results
09/27FTSE 100 Index Ends 0.17% Higher at 7063.40 -- Data Talk
09/27Wall Street Sees Mixed Open as Markets Weigh Evergrande Risks
SummaryMost relevantAll NewsOther languagesNews of the index componentsMarketScreener Strategies

FTSE 100 gains on robust earnings, bumper dividends

07/29/2021 | 11:59am EDT
FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain

(Reuters) - London's FTSE 100 ended higher on Thursday, as encouraging earnings and huge dividend payouts from some of the UK's biggest corporates helped support optimism around faster economic growth.

The blue-chip index rose 0.9%, led by a set of strong earnings and bumper dividends from oil major Royal Dutch Shell, miner Anglo American, pest control company Rentokil Initial, and event firm Informa. Their shares ended up between 3.8% and 7.3%.

Shell jumped 3.8% to be the top boost to the FTSE 100 after its second-quarter profit jumped to $5.5 billion, the highest in over two years, while Anglo American gained 5.4% after it increased its shareholder payout to $4.1 billion, following bumper earnings.

"Some of today's updates could raise optimism that there still remain a significant number of UK companies that may have further to go in terms of share price upside," said Michael Hewson, chief market analyst at CMC Markets.

Also supporting sentiment was Bank of England data that showed mortgage lending surged by a record amount in June as home buyers rushed to take advantage of a tax break before it was scaled back. Shares of homebuilders gained 0.9%

The domestically focussed mid-cap index edged 0.2% higher.

The FTSE 100 has recovered 41% from its March 2020 lows, supported by dovish central bank policies, although it has largely underperformed the local mid-cap index and wider European market peers on concerns about higher inflation and rising coronavirus cases.

"The UK market has been underowned and unloved for most of the global funds since Brexit and this perception doesn't look to change soon enough," said Keith Temperton, sales trader at Forte Securities.

Among other earnings, caterer Compass Group and information provider Relx added 3.8% and 3.5% respectively after reporting strong results.

Shares of communications company BT and medical technology company Smith & Nephew were the top losers on the FTSE 100 as their results failed to impress investors. (Graphic: FTSE 100 performance,


(Reporting by Shashank Nayar in Bengaluru; editing by Uttaresh.V and Jonathan Oatis)

By Shashank Nayar

ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BT GROUP PLC 2.62% 162.6 Delayed Quote.22.95%
COMPASS GROUP PLC 3.61% 1536.5 Delayed Quote.12.73%
FTSE 100 0.17% 7063.4 Delayed Quote.9.15%
INFORMA PLC 0.43% 556.8 Delayed Quote.1.42%
RELX PLC -2.10% 2148 Delayed Quote.19.83%
RENTOKIL INITIAL PLC -2.47% 577.4 Delayed Quote.13.30%
SMITH & NEPHEW PLC 0.04% 1333 Delayed Quote.-11.92%
All news about FTSE 100
09/27European Stocks Mixed as Social Democrats Top German Election Results
09/27FTSE 100 Index Ends 0.17% Higher at 7063.40 -- Data Talk
09/27Wall Street Sees Mixed Open as Markets Weigh Evergrande Risks
09/27STOXX EUROPE 600 : European Bourses Mixed Midday; Banks, Energy and Property Issues Higher
09/27FTSE 100 Rises, Supply Constraints Could Hit Pound
09/27LONDON STOCK EXCHANGE : Germany, Evergrande and petrol shortages
09/27FTSE Rises as Oil Stocks Gain Due to Higher Crude Prices
09/27Energy stocks, banks lift FTSE 100; Rolls-Royce top performer
09/27FTSE 100 Seen Opening Higher
09/24European Stocks End Lower Ahead of German Elections
More news
News of the index components FTSE 100
02:48aSMITHS : Ups FY21 Dividend as Profit Climbs, Expects Pre-Pandemic Revenue Level in FY22
02:41aFERGUSON : FY21 Profit Soars On Strong Trading
02:38aFerguson Fiscal Year 2021 Pretax Profit Rose; Expects Fiscal Year 2022 2nd Half Taperin..
02:31aASTRAZENECA : Lupus Drug Gets Japanese Approval
02:23aFERGUSON : annual profit rises on pandemic-driven home improvement demand
02:12aASTRAZENECA : Saphnelo approved in Japan for systemic lupus erythematosus
02:12aSMITHS : Annual Results for the year ended 31 July 2021
More news
Chart FTSE 100
Duration : Period :
FTSE 100 Technical Analysis Chart | UKX | GB0001383545 | MarketScreener
Technical analysis trends FTSE 100
Short TermMid-TermLong Term
Top / Flop FTSE 100
Heatmap :