Bad week for most this week with an average 0.9% loss on values in a week.
BP had it worse with a 4.6% loss, but they retain 3rd position with over 20% year to date gains. This weeks loss was due to the drop in oil prices Full Story
Vodafone (VOD) are now in negative territory, dropping 3.1% in the week, now 2.3% loss for the year and down to 19th in the league. They can thank their India unit that is heavily in debt and has high competition Full Story
National Grid (NG) jumped a couple of spots with a 1.3% gain for the week, but the highest scorer of the week was BHP Group (BHPB) with 2%. Overall minor gains thanks to the increase in iron ore prices etc.
What can entrepreneurs take from this weeks movements?
- Do you know your supply and demand levels and risks?
- Have you got tight control of your cash flow?
- What changes can you make to improve your debt position, cash flow and profitability?
Now to the all important league table.
|8||Royal Dutch Shell B||-1.1%||12.4%|
|7||Royal Dutch Shell A||-1.8%||11.8%|
|12||Rio Tinto PLC||0.1%||9.0%|
|15||British American Tobacco||-2.0%||2.1%|
|17||Vodafone Group PLC||-3.1%||-2.3%|
|20||London Stock Exchange||-0.1%||-12.4%|
Who is going to lose it all?
Who is going to recover?
What do you think? Let us know in the comments.
Until next week.