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Nov. 16, 2020, 9:11 a.m. EST

Another dash for trash triggered in London after Moderna vaccine news

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By Steve Goldstein

Another dash for trash was triggered in London on Monday, as a variety of hard-hit companies surged in the wake of news that biotechnology company Moderna /zigman2/quotes/205619834/composite MRNA -0.08% ‘s vaccine was 94.5% effective against coronavirus.

Double-digit gains were registered for casino operator Rank /zigman2/quotes/200887572/delayed UK:RNK -4.65% and cinema operator Cineworld /zigman2/quotes/206525056/delayed UK:CINE -6.89% , and in the FTSE 100, engine maker Rolls-Royce /zigman2/quotes/203646520/delayed UK:RR -5.07% , International Airlines Group /zigman2/quotes/208070069/delayed UK:IAG -5.69% , and GKN Aerospace owner Melrose Industries /zigman2/quotes/210306391/delayed UK:MRO -5.12% surged.

Major oil companies BP /zigman2/quotes/202286639/delayed UK:BP +1.82% and Royal Dutch Shell /zigman2/quotes/206428183/delayed UK:RDSA +1.68% both rallied as well in response to the vaccine news and the hope the economy will return to normal next year. Food delivery companies Ocado /zigman2/quotes/207225647/delayed UK:OCDO +0.24% and Just Eat Takeaway /zigman2/quotes/216303066/delayed UK:JET -2.74% declined, as did disinfectant maker Reckitt Benckiser /zigman2/quotes/206856088/delayed UK:RB -0.19% .

The FTSE 100 /zigman2/quotes/210598409/delayed UK:UKX -0.31% jumped 1.9%. The index was up about 0.7% before the vaccine news, helped by data out of resource-intensive China that showed a big jump in industrial production in October.

/zigman2/quotes/205619834/composite
US : U.S.: Nasdaq
$ 132.19
-0.11 -0.08%
Volume: 12.04M
March 5, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$52.85 billion
Rev. per Employee
$617,996
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/zigman2/quotes/200887572/delayed
UK : U.K.: London
180.60 p
-8.80 -4.65%
Volume: 942,730
March 5, 2021 4:35p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
£845.98 million
Rev. per Employee
£75,071
loading...
/zigman2/quotes/206525056/delayed
UK : U.K.: London
104.75 p
-7.75 -6.89%
Volume: 13.30M
March 5, 2021 4:40p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
£1.44 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/203646520/delayed
UK : U.K.: London
108.55 p
-5.80 -5.07%
Volume: 54.86M
March 5, 2021 4:35p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
£9.08 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/208070069/delayed
UK : U.K.: London
203.90 p
-12.30 -5.69%
Volume: 41.99M
March 5, 2021 4:35p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
£10.14 billion
Rev. per Employee
£120,743
loading...
/zigman2/quotes/210306391/delayed
UK : U.K.: London
174.10 p
-9.40 -5.12%
Volume: 8.53M
March 5, 2021 4:35p
P/E Ratio
N/A
Dividend Yield
0.43%
Market Cap
£8.46 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/202286639/delayed
UK : U.K.: London
318.80 p
+5.70 +1.82%
Volume: 74.81M
March 5, 2021 4:35p
P/E Ratio
N/A
Dividend Yield
4.77%
Market Cap
£64.35 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/206428183/delayed
UK : U.K.: London
£ 1,548.40
+25.60 +1.68%
Volume: 9.02M
March 5, 2021 4:35p
P/E Ratio
N/A
Dividend Yield
0.03%
Market Cap
£118.27 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/207225647/delayed
UK : U.K.: London
2,088.00 p
+5.00 +0.24%
Volume: 1.47M
March 5, 2021 4:35p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
£15.42 billion
Rev. per Employee
£125,244
loading...
/zigman2/quotes/216303066/delayed
UK : U.K.: London
6,382.00 p
-180.00 -2.74%
Volume: 216,821
March 5, 2021 4:35p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
£9.51 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/206856088/delayed
UK : U.K.: London
6,270.00 p
-12.00 -0.19%
Volume: 1.26M
March 5, 2021 4:35p
P/E Ratio
37.70
Dividend Yield
2.78%
Market Cap
£44.71 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/210598409/delayed
UK : FTSE UK
6,630.52
-20.36 -0.31%
Volume: 997,627
March 5, 2021 4:59p
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