IAG, Rolls-Royce and Natwest Shine as FTSE 100 Winners in 2024
The FTSE 100 saw significant gains in 2024, with IAG, Rolls-Royce, and Natwest leading the pack in stock performance.
FTSE 100, IAG, Rolls-Royce, Natwest, London, UK
Rolls-Royce wasn’t far behind, seeing a rise of over 90%. The company benefited from a rebound in the aviation sector and a growing interest in nuclear energy. Over the last couple of years, they’ve seen a whopping 500% return.
Natwest also had a fantastic year, with an 80% increase in stock value. Their strong results in October, including a 26% jump in third-quarter profits, really helped boost their standing. Barclays also hit a nine-year high, thanks to solid profits from its investment banking side.
On the flip side, some stocks took a hit. JD Sports lost over 40% of its value, mainly due to a profit warning at the start of the year. They struggled with weather issues and a dip in demand linked to the US election. B&M also faced challenges, with its founder planning to step back in 2025. It’s been a mixed bag for the FTSE 100, but the winners are definitely making headlines!