FTSE 100 Competition Results week 3
FTSE 100 rise to close at 6624, creating major swings in our competition table
Week 3 of our competition saw the FTSE 100 index rise from 6590 to 6624 but within that there were again some wide swings. Mining, banking and oil firms did well this week with the largest gains made by:-
Antofagasta Holdings (+20%), Glencore plc (+12%), International Consolidated Airlines Group SA (+11%), Evraz plc (+8%), Anglo American (+8%), BHP Group Plc (+8%).
Half the shares in the index made gains this week but of the other half, the poorest performers were:-
Hargreaves Lansdown plc (-8%), Imperial Brands Group (-7%), Smith & Nephew plc (-6%), RELX plc (-6%), Experian Plc (-6%), British American Tobacco plc (-6%)
78 of our players are currently up on their starting investment as at 1st February. Our leader remains Ogg of Echt up £4935 since 1st February, Michael Riddell has shot up 48 places into second. West Fife Rotarians or their partners occupy the next three spots – KC1, Margaret Farquharson and the Mushroom Man.
At the other end Calum Todd (-£2891) and McTart (-£2820) are contesting the wooden spoon but with the largest loss this week, Neil Spriddle has slumped to third bottom.
There were some big movers in our chart. The Riddell family were clearly in the know with Gavin climbing 60 places, Dave Riddell up 43 and Michael up 48 places. Roary also did well to jump 52 places. On the negative side Ian & Freyza lost 55 places, Trotter Independent Traders down 40 and Mrs B down 32.
Still a long way to go until the end of April and lots will happen yet.
