Overall, it’s been a pretty decent week for UK share prices in my opinion. Here are 4 shares making gains since the start of play on Monday.
Vodafone Group plc (LON:VOD) (LSE:VOD.L) shares are 2.8% higher than they were on Monday morning. I think Vodafone has relative investment appeal for the long run due in part to opportunities within the quad play space. I think its venture into new product categories could yield cross-selling opportunities. I also feel Vodafone’s recent partnerships and investment in infrastructure may have strengthened its competitive position and this may boost its share price performance.
Glencore PLC (LON:GLEN) (LSE:GLEN.L) shares are 10% higher than a week ago. It’s been a pretty good week for commodities despite an interest rate rise in the US. The dollar has weakened as the outlook for interest rates has not changed. This has helped commodity stocks such as Glencore. I think its long term share price potential is relatively impressive, with its strategy to reduce costs and de-leverage a positive for its shareholders.
Rolls-Royce Holding PLC (LON:RR) (LSE:RR.L) shares have gained 2% in the last week. I’m optimistic about the prospects for the company’s share price due to potentially higher spending in the US on defence. I feel this could stimulate the entire defence industry and lead to higher profitability for Rolls-Royce. I also like its new strategy and feel cost reduction could act as another positive catalyst on its share price.
Prudential plc (LON:PRU) (LSE:PRU.L) has registered a share price rise of 8.3% in the last week. I’m upbeat about its outlook and think its recent results showed it is making good progress. I think there is opportunity for growth in a range of its markets, and feel its diversified business model could hold relative appeal for investors. Although its share price is now 31% higher than a year, ago I think Prudential still offers good value for money on a relative basis.