3 Shares Set To Beat The FTSE Today

Published in Investing on 17 October 2012

Royal Bank of Scotland (LSE: RBS) and Cable & Wireless (LSE: CWC) help boost the FTSE.

The FTSE 100 (UKX) is continuing on up, gaining 30 points to 5,900 by early afternoon, which is less than 100 points away from its 52-week high of 5,989. All we need is for Europe not to melt down over the next few weeks, and we could be in for a new high!

Meanwhile, individual companies are running ahead of the index, as good news comes in from a number of sectors. Here are three names that are rising nicely today and look set to beat the FTSE:


Royal Bank of Scotland (LSE: RBS) enjoyed a modest lift, up 4.8p (1.7%) to 285p, after the bailed-out bank announced it is now able to leave the government's Asset Protection Scheme, effective tomorrow. The scheme was a means of providing support for the bank's turnaround plans, and the exit -- at the earliest opportunity possible for RBS -- should help support the growing sentiment towards the bank.

Forecasts do suggest a significant return to profit this year, so are the banks sufficiently rehabilitated to invest in now? Only you can decide that.

Cable & Wireless

Cable & Wireless Communications (LSE: CWC) received a 3.8% boost this morning after the global telecommunications firm confirmed press speculation that it is in discussions with CITIC Telecom International concerning a possible sale of its 51% stake in Companhia de Telecomunicações de Macau.

Cable & Wireless Communications shares had a poor first six months of 2012, but since June they've been recovering nicely, and there's a whopping 7% dividend forecast for the full year to March 2013. It won't be very well covered, but earnings are expected to rise the following year.

Looking for strong dividend yielders such as C&W is a popular strategy, and you can find out how ace dividend investor Neil Woodford's regularly beats the market by reading the Motley Fool report "8 Shares Held By Britain's Super Investor". It's free for a limited period only, so click here to get your copy.


Centamin (LSE: CEY), the Egypt-based gold miner, popped up a further 3.7% to 103p today. The move was helped by upbeat reports on the outlook for gold, and recent confirmation that the firm still expects to meet its full-year targets.

Centamin's shares have nearly doubled since June, but they're still not back up to their 52-week high of 117p, mind. However, with a forecast full-year P/E ratio of less than 9, there could still be further to go.

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> Alan Oscroft does not own any shares mentioned in this article.

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ScottishPound 17 Oct 2012 , 5:45pm

Carnival (LSE:CCL) is another one - up 34% since the post-Costa Concordia drop in January and up 2.19% today.

I managed to buy some at 1927p on the drop and looking for a recovery to around 2700p before too long.

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