Miners rated the year's biggest FTSE 100 losers in HL report
Updated : 11:02
Mining stocks were among the biggest FTSE losers this year after the plunge in commodity prices, according to Hargreaves Lansdown.
The financial services company released its FTSE 100 winners and losers for 2015 on Wednesday.
It noted that the commodity rout has claimed numerous victims in the year – not just in the oil and mining sectors but also the sectors servicing those industries.
“Companies exposed to emerging markets have also suffered. Brazil and Russia have fallen into recession and China’s growth has continued to slow, as it undertakes a painful economic restructuring,” it noted.
Of the market’s biggest fallers, Hargreaves Lansdown highlighted that five came from the mining sector led by Anglo American, which was down 75%.
That was followed closely by Glencore, which plunged in late September on debt fears, down 71% since the start of the year.
“On measures such as price to book and price to cyclically-adjusted earnings, valuations for the oil and mining sectors are at multi-decade lows although remember prices could still fall further,” the report said.
While the market is down 8% in the year-to-date, it wasn’t all bad news.
Hargreaves Lansdown noted that housebuilders have enjoyed another strong year with Taylor Wimpey up 46%, Barratt Developments up 32% and Persimmon up 24% - all featuring in the top ten.
“Record low mortgage rates, a benign land market and favourable government policy are all playing their part; supporting margins, cash flows and dividends.”
Hargreaves Lansdown was the market’s second biggest riser, but declined to comment on its own stock in the report.
The ten worst performing shares so far in 2015
| Company | Sector | % change | Index impact (points) |
|---|---|---|---|
| Anglo American | Mining | -75 | -46 |
| Glencore | Mining | -71 | -90 |
| Standard Chartered | Banking | -47 | -38 |
| BHP Billiton | Mining | -43 | -49 |
| Antofagasta | Mining | -43 | -5 |
| Pearson | Media | -40 | -15 |
| Rio Tinto | Mining | -37 | -53 |
| Rolls Royce | Aerospace & Defence | -35 | -22 |
| Royal Dutch Shell B | Oil | -35 | -75 |
| Weir Group | Industrial Engineering | -33 | -5 |
The ten best performing shares so far in 2015
| Company | Sector | % change | Index impact (points) |
|---|---|---|---|
| Taylor Wimpey | Housebuilding | +46 | +8 |
| Hargreaves Lansdown | Financial Services | +43 | +4 |
| Barratt Developments | Housebuilding | +32 | +6 |
| Direct Line | Nonlife Insurance | +26 | +5 |
| Sage | Software | +25 | +5 |
| Mondi | Forestry and Paper | +25 | +4 |
| CRH | Construction & Materials | +24 | +11 |
| Persimmon | Housebuilding | +24 | +4 |
| ITV | Media | +24 | +8 |
| Admiral | Nonlife Insurance | +23 | +2 |