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UK WINNERS & LOSERS SUMMARY: Housebuilders Up, Gold Miners Lose Out

Fri, 08th Jan 2021 11:03

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.

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FTSE 100 - WINNERS

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Hargreaves Lansdown, up 4.1%. Shore Capital raised the stock to Buy from Hold.

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Barratt Developments and Taylor Wimpey, up 3.5% and 1.9%. In Barratt's first half ended December, its sales rate climbed 12% yearly to 0.77 net private reservation per active outlet per week from 0.69. In addition, Halifax's monthly tracker showed average UK house prices climbed to a record high in December.

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FTSE 100 - LOSERS

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Fresnillo and Polymetal International, down 3.8% and 3.0%. The duo tracked spot gold prices lower on Friday. An ounce of gold slipped back below USD1,900 on Friday morning.

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FTSE 250 - WINNERS

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Pets At Home, up 7.1%. The animal products retailer now expects annual underlying pretax profit to exceed previous guidance and said like-for-like sales in December alone rose at a "high teens" rate.

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Essentra up 4.8%. The plastics and fibre products manufacturer said it is now on track to meet annual operating profit consensus.

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Clarkson, up 3.4%. The shipping services firm said its underlying profit in 2020 will top market forecasts.

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FTSE 250 - LOSERS

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Tui, down 17% at 405.60 pence. The Anglo-German tour operator on Thursday announced a rights offer to raise EUR544.6 million through the issue of 509.0 million shares. Shareholders would be offered 25 new shares for every 29 shares already owned, at a subscription price of EUR1.07, about 96p.

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Petropavlovsk, down 4.2%. The miner tracked gold prices lower.

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OTHER MAIN MARKET AND AIM - WINNERS

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Malvern International, up 23%. Learning and skills firm Malvern said it has entered into a GBP350,000 short-term loan pact with Boost & Co, as well as securing a GBP30,000 unsecured loan note with its own chief executive, Richard Mace.

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Baron Oil, up 20%. Notes "significant upgrade" in estimated resources at Chuditch PSC. Baron has 33% stake in SundaGas, the parent company of a subsidiary holding the Chuditch interest.

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OTHER MAIN MARKET AND AIM - LOSERS

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Petards, down 8.0%. The security services firm said it was not aware of any reason for its recent share price increase.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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