FTSE 100 Shares Reaching All-Time Peaks
The FTSE 100 experienced a significant rise yesterday, driven by gains in the mining, banking, and travel and leisure sectors. Three notable companies within this index reached new 52-week highs: easyJet, British American Tobacco, and the London Stock Exchange.
easyJet's share price reached a new 52-week high of 1,078 pence today before closing at 1,064 pence. The airline's first-quarter update showed a 9.2% rise in revenue to 833 million pounds, with the increase coming from a combination of higher passenger numbers and revenue per seat. easyJet's share price has more than tripled from the 310 pence price it was first offered at back in 2000.
British American Tobacco's share price has soared by 16% since the start of the year, with the shares peaking at a new 52-week high of 3,639 pence today. Despite the rise in revenue, the actual number of cigarettes sold by British American Tobacco fell. The company's earnings per share for the year to December 2012 rose by 26%.
Today, the London Stock Exchange's share price touched a new 52-week high of 1,431 pence before dropping to 1,414 pence at the close. The London Stock Exchange's share price has soared by 46% since the start of the year, and it is up 1.4% for the day.
It's important to note that the article does not provide information about which three FTSE 100 stocks have reached new record highs in the last days. For those interested in dividend income, The Motley Fool's Top Income Share For 2013 is a new report identifying a share believed to provide handsome dividend income for years to come. However, it's essential to remember that all investments carry risk, and it's always a good idea to do thorough research before making any investment decisions.
The Motley Fool has a disclosure policy, and the article originally appeared on Fool.com. The search results do not provide information about which three FTSE 100 stocks have reached new record highs in the last days. The FTSE 100 rose 0.11% today, reaching a new 52-week closing high of 6,510.6.
Alan does not own any shares mentioned in this article. The Motley Fool's Top Income Share For 2013 can be accessed by clicking here, but please note that the report will only be available for a limited period.
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