Rio Tinto, Vodafone lift FTSE 100 for first day in three

By Sara Sjolin, MarketWatch

LONDON (MarketWatch) — U.K.’s FTSE 100 index snapped a two-day losing streak on Wednesday, with shares of Rio Tinto PLC and Vodafone Group PLC pushing the benchmark higher.

The FTSE 100 index /zigman2/quotes/210598409/delayed UK:UKX +1.19%  gained 0.5% to 6,706.27, rising in line with the broader European trading mood.

Movers: Rio Tinto PLC /zigman2/quotes/208934945/delayed UK:RIO +1.91%   /zigman2/quotes/202627887/composite RIO +2.37%   /zigman2/quotes/200083756/delayed AU:RIO +1.50%  gained 2.4% after Morgan Stanley lifted the mining giant to overweight from equal weight.

Precious-metals miner Fresnillo PLC /zigman2/quotes/201300065/delayed UK:FRES +1.32%  rose 2.2% after UBS added the company to its most-preferred list.

Vodafone Group PLC /zigman2/quotes/202484985/delayed UK:VOD +2.23%   /zigman2/quotes/202862751/composite VOD +2.75%  put on 2.8% after the company’s Chief Executive Jeroen Hoencamp late Tuesday said he expects to return the business to growth, in both profit and revenue terms, over the next 18 to 24 months.

Meanwhile, shares of AstraZeneca PLC /zigman2/quotes/203048482/delayed UK:AZN +2.38%   /zigman2/quotes/200304487/composite AZN +2.59%  lost 0.4%. The drop in the pharmaceutical company shares followed a 3.6% loss from Tuesday, after the U.S. Treasury Department issued new rules meant to dampen an influx of merger’s (including announced mergers involving AstraZeneca) intended to sidestep U.S. taxes.

Tate & Lyle PLC /zigman2/quotes/205109332/delayed UK:TATE +1.96%  fell 1.3% after Société Générale cut the ingredients maker to hold from buy.

/zigman2/quotes/210598409/delayed

Add to watchlist UK:UKX

FTSE 100 Index

UK : FTSE UK

7,389.98

+87.24 +1.19%

Volume: 722,321

May 20, 2022 4:56p

/zigman2/quotes/208934945/delayed

Add to watchlist UK:RIO

Rio Tinto PLC

UK : U.K.: London

5,449.00 p

+102.00 +1.91%

Volume: 2.34M

May 20, 2022 4:35p

P/E Ratio

5.80

Dividend Yield

13.04%

Market Cap

£90.68 billion

Rev. per Employee

£935,616

/zigman2/quotes/202627887/composite

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Rio Tinto PLC ADR

US : U.S.: NYSE

$ 69.54

+1.61 +2.37%

Volume: 3.18M

May 20, 2022 4:00p

P/E Ratio

5.35

Dividend Yield

11.39%

Market Cap

$113.05 billion

Rev. per Employee

$1.29M

/zigman2/quotes/200083756/delayed

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Rio Tinto Ltd.

AU : Australia: Sydney

$ 108.35

+1.60 +1.50%

Volume: 1.87M

May 20, 2022 4:10p

P/E Ratio

6.31

Dividend Yield

10.03%

Market Cap

$160.85 billion

Rev. per Employee

$1.71M

/zigman2/quotes/201300065/delayed

Add to watchlist UK:FRES

Fresnillo PLC

UK : U.K.: London

784.40 p

+10.20 +1.32%

Volume: 710,332

May 20, 2022 4:35p

P/E Ratio

18.96

Dividend Yield

3.36%

Market Cap

£5.78 billion

Rev. per Employee

£97,801

/zigman2/quotes/202484985/delayed

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Vodafone Group PLC

UK : U.K.: London

121.10 p

+2.64 +2.23%

Volume: 80.87M

May 20, 2022 4:35p

P/E Ratio

19.79

Dividend Yield

6.29%

Market Cap

£34.11 billion

Rev. per Employee

£369,116

/zigman2/quotes/202862751/composite

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Vodafone Group PLC ADR

US : U.S.: Nasdaq

$ 15.33

+0.41 +2.75%

Volume: 7.46M

May 20, 2022 4:00p

P/E Ratio

18.36

Dividend Yield

6.18%

Market Cap

$42.52 billion

Rev. per Employee

$504,156

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Add to watchlist UK:AZN

AstraZeneca PLC

UK : U.K.: London

10,494.00 p

+244.00 +2.38%

Volume: 1.84M

May 20, 2022 4:35p

P/E Ratio

N/A

Dividend Yield

2.00%

Market Cap

£162.60 billion

Rev. per Employee

£367,302

/zigman2/quotes/200304487/composite

Add to watchlist AZN

AstraZeneca PLC ADR

US : U.S.: Nasdaq

$ 66.21

+1.67 +2.59%

Volume: 7.17M

May 20, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

2.12%

Market Cap

$202.71 billion

Rev. per Employee

$500,529

/zigman2/quotes/205109332/delayed

Add to watchlist UK:TATE

Tate & Lyle PLC

UK : U.K.: London

754.50 p

+14.50 +1.96%

Volume: 896,444

May 20, 2022 4:35p

P/E Ratio

13.69

Dividend Yield

4.79%

Market Cap

£3.00 billion

Rev. per Employee

£467,012