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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 -6.19% ‘s vaccine was 94.5% effective against coronavirus.

Double-digit gains were registered for casino operator Rank /zigman2/quotes/200887572/delayed UK:RNK +1.54% and cinema operator Cineworld /zigman2/quotes/206525056/delayed UK:CINE -0.52% , and in the FTSE 100, engine maker Rolls-Royce /zigman2/quotes/203646520/delayed UK:RR +1.91% , International Airlines Group /zigman2/quotes/208070069/delayed UK:IAG +2.24% , and GKN Aerospace owner Melrose Industries /zigman2/quotes/210306391/delayed UK:MRO +2.02% surged.

Major oil companies BP /zigman2/quotes/202286639/delayed UK:BP -0.17% and Royal Dutch Shell /zigman2/quotes/206428183/delayed UK:RDSA +0.81% 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 -2.01% and Just Eat Takeaway /zigman2/quotes/216303066/delayed UK:JET -0.32% declined, as did disinfectant maker Reckitt Benckiser .

The FTSE 100 /zigman2/quotes/210598409/delayed UK:UKX +0.14% 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
$ 162.84
-10.75 -6.19%
Volume: 18.91M
May 5, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$69.47 billion
Rev. per Employee
$617,996
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/zigman2/quotes/200887572/delayed
UK : U.K.: London
198.00 p
+3.00 +1.54%
Volume: 52,330
May 6, 2021 12:59p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
£919.06 million
Rev. per Employee
£75,071
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/zigman2/quotes/206525056/delayed
UK : U.K.: London
92.28 p
-0.48 -0.52%
Volume: 4.69M
May 6, 2021 12:56p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
£1.29 billion
Rev. per Employee
N/A
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/zigman2/quotes/203646520/delayed
UK : U.K.: London
103.70 p
+1.94 +1.91%
Volume: 15.77M
May 6, 2021 1:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
£8.47 billion
Rev. per Employee
£244,046
loading...
/zigman2/quotes/208070069/delayed
UK : U.K.: London
207.85 p
+4.55 +2.24%
Volume: 14.81M
May 6, 2021 1:01p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
£10.12 billion
Rev. per Employee
£120,743
loading...
/zigman2/quotes/210306391/delayed
UK : U.K.: London
167.00 p
+3.30 +2.02%
Volume: 4.04M
May 6, 2021 1:01p
P/E Ratio
N/A
Dividend Yield
0.45%
Market Cap
£7.73 billion
Rev. per Employee
£169,354
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/zigman2/quotes/202286639/delayed
UK : U.K.: London
314.20 p
-0.53 -0.17%
Volume: 13.06M
May 6, 2021 1:00p
P/E Ratio
N/A
Dividend Yield
4.81%
Market Cap
£62.46 billion
Rev. per Employee
£2.21M
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/zigman2/quotes/206428183/delayed
UK : U.K.: London
£ 1,418.80
+11.40 +0.81%
Volume: 22.17M
May 6, 2021 1:01p
P/E Ratio
N/A
Dividend Yield
0.04%
Market Cap
£104.88 billion
Rev. per Employee
£1.52M
loading...
/zigman2/quotes/207225647/delayed
UK : U.K.: London
1,922.50 p
-39.50 -2.01%
Volume: 418,462
May 6, 2021 1:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
£14.81 billion
Rev. per Employee
£125,244
loading...
/zigman2/quotes/216303066/delayed
UK : U.K.: London
7,158.00 p
-23.00 -0.32%
Volume: 44,584
May 6, 2021 1:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
£10.85 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/210598409/delayed
UK : FTSE UK
7,049.16
+9.86 +0.14%
Volume: 236,763
May 6, 2021 1:01p
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