Prominent FTSE 100 Shares Reaching Record Heights
In a noteworthy development, three FTSE 100 shares have reached new 52-week highs, according to a recent article on Fool.com. The article, titled "3 FTSE 100 Shares Hitting New Highs", does not provide specific names of the stocks, but the impressive gains are worth highlighting.
One of the companies experiencing a significant surge is British American Tobacco. The company's earnings per share for the year to December 2012 rose by an impressive 26%. Despite a decrease in the number of cigarettes sold, revenue for the company rose. As of today, British American Tobacco's shares have peaked at a new 52-week high of 3,639 pence.
Another standout performer is easyJet. The budget airline's share price today reached a new 52-week high of 1,078 pence, up almost 150% over the past 12 months. The company's first-quarter update in January showed a 9.2% rise in revenue to 833 million pounds. However, the share price closed at 1,064 pence today, slightly down from its peak.
The London Stock Exchange is also making headlines with its impressive performance. Today, the share price touched a new 52-week high of 1,431 pence, up 46% since the start of the year. Despite individual estimates for the London Stock Exchange's earnings being wildly disparate, current forecasts for the year ending March 2013 suggest flat earnings for the company.
It's important to note that the author of the article does not own any shares mentioned in this article. The Motley Fool, the publication where the article appeared, has a disclosure policy. The article also includes a recommendation for "The Motley Fool's Top Income Share For 2013".
The FTSE 100 itself is also performing well, with a 0.11% rise today to a fresh 52-week closing high of 6,510.6. The London Stock Exchange's share price closed at 1,414 pence, up 1.4% for the day.
In conclusion, the performance of these three FTSE 100 shares, along with the FTSE 100 itself, is a testament to the resilience and growth potential of the UK market. Investors should keep a close eye on these companies as they continue to make strides in their respective industries.
Read also:
- Nightly sweat episodes linked to GERD: Crucial insights explained
- Antitussives: List of Examples, Functions, Adverse Reactions, and Additional Details
- Asthma Diagnosis: Exploring FeNO Tests and Related Treatments
- Unfortunate Financial Disarray for a Family from California After an Expensive Emergency Room Visit with Their Burned Infant