3 Shares Set To Beat The FTSE Today

Published in Investing on 1 August 2012

Next (LSE: NXT) gets a high-street boost, and Rightmove (LSE: RMV) sees profits soar.

The FTSE 100 (UKX) rose 33 points to 5,668 points in morning trading, as interim earnings from big blue-chip shares boosted confidence. We are still expecting policy updates from Europe and the USA after much recent talk in favour of supporting the eurozone and the banks, so people are still being a little cautious.

But, however the FTSE 100 is going, some individual companies are doing well. Here are three benefiting from good news today...


We had yet more high-street good news today, from Next (LSE: NXT), whose shares jumped 176p (5.5%) to 3,395p, pushing their 12-month rise to over 40%.

A strong trading update ahead of interims was the reason, with total sales for the six months to 28 July up 4.5%, topping previous guidance. Next Retail was pretty flat, but online Next Directory sales surged by 13.3% on the same period last year.

Estimates for interim profits, which will be announced on 13 September, have been lifted. Pre-tax profit is now expected to come in between £575m and £620m, with basic earnings per share forecast to grow between 7 and 15%.


Housing market dull? That didn't bother Rightmove (LSE: RMV), whose shares leaped 119p (8%) to 1,611p after the online home search operator reported a 23% rise in revenues at its half-way stage to £57.9m, from which it extracted an underlying profit boost of 28% to £42.6m.

With underlying earnings per share up 30% to 32.2p, the half-time dividend has been lifted 29% to 9p per share. The same rise extended to the full-year payout would suggest a yield of 1.4%, which is not income to retire on, but it's a nice trend from a share in a growth phase.

Rightmove shares are now 30% up over the past 12 months, while the FTSE has gone nowhere.

Standard Chartered

Standard Chartered (LSE: STAN) gained 53p to 1,517p, a rise of 3.6%, after the LSE's second largest bank released interim figures. The bank that focuses on emerging markets lifted first half pre-tax profit by 9% to $3.63bn, from $3.14bn in the previous six months, and raised its half-time dividend by 10% to 27.23 cents per share.

With the world economy increasingly being driven by Eastern markets, Standard Chartered has a foot in both hemispheres, and that's helped isolate it from much of the troubles that have afflicted the Western banking sector. At the current price, there are dividend yields of 3.5% and 3.8% forecast for this year and next.

If you like to invest in good dividend-paying shares, Neil Woodford is an acknowledged expert in that strategy, and the free Motley Fool report "8 Shares Held By Britain's Super Investor" takes a look at some of his major holdings. Click here to get your free copy, while it's still available.

If you're looking for riches from the oil and gas industry, the new Motley Fool report, "How To Unearth Great Oil & Gas Shares" might be just what you want. It's free, so click here for your personal copy.

Further Motley Fool investment opportunities:

> Alan does not own any shares mentioned in this article. The Motley Fool owns shares in Standard Chartered.

Share & subscribe


The opinions expressed here are those of the individual writers and are not representative of The Motley Fool. If you spot any comments that are unsuitable hit the flag to alert our moderators.


There are no comments yet - why not be the first?

Join the conversation

Please take note - some tags have changed.

Line breaks are converted automatically.

You may use the following tags in your post: [b]bolded text[/b], [i]italicised text[/i]. All other tags will be removed from your post.

If you want to add a link, please ensure you type it as http://www.fool.co.uk as opposed to www.fool.co.uk.

Hello stranger

To add your own comment, please login.

Not yet registered? Register now.