Friday was a gruesome day for UK shareholders, after the FTSE 100 index dived 3.6% on the day. Earlier in the week, the Footsie had pulled ahead by 1.2%, only to end the week 2.5% down. As a result of this mini-meltdown, the Footsie is now only 9% up in 2021. Meanwhile, the US S&P 500 index has shot up by 22.3% this calendar year.
FTSE 100: weekly winners and losers
Of course, few of the FTSE 100’s total of 101 stocks (one company is dual-listed) move exactly in line with the wider index. Indeed, several stocks made decent gains this week. For the record, a total of 21 Footsie shares rose over the past five trading days. These weekly gains ranged from a high of 6.1% to a mere 0.1%. The average rise across all 21 winners was 2.4%.
At the other end of the scale lie the FTSE … Read more