3 Shares Set To Beat The FTSE Today

Published in Investing on 9 July 2012

EMED (LSE: EMED) seals a deal, and Victoria (LSE: VOG) switches on production.

The FTSE 100 (UKX) fell a fraction, down 15 points to 5,647, after the big miners slipped a little. Fears of uncertainties from the forthcoming interim reporting season appear to be behind the wobble, though it may really only be noise following a couple of good weeks.

But even if the index of top shares is down, individual companies are moving in their own ways. Here are three from the FTSE indices that have had a good day so far...

EMED Mining

EMED Mining (LSE: EMED) enjoyed an early 10% rise as its shares gained 1.1p to 12.3p, after the copper and gold miner announced a deal to acquire land for depositing waste, or "tailings", at the Rio Tinto Copper Mine.

The deal should satisfy all the company's needs for its current plans, and helped the shares with an ongoing recovery that has taken them from a recent low of 7.75p in mid-June to today's price.

Victoria Oil & Gas

Victoria Oil & Gas (LSE: VOG) gained some respite this morning as its shares popped up 3.6% to 2.9p, after a positive update from the firm's Logbaba operation in Cameroon. Gas and condensate production has commenced, with a startup production of 0.7 million standard cubic feet per day (mmscf/d), and is on schedule for a year-end production rate of 8 mmscf/d.

Victoria's shares have slid all the way from a 4.8p peak in March, but with this new production, the first in Cameroon to supply the industrial market, we might well be looking at a corner turned.

GB Group

GB Group (LSE: GBG) shares perked up 2.5p (3.3%) to 78p on a strong Q1 update. Ahead of its AGM, the identity management specialist (electronic ID technology, and so on) said that its first quarter demonstrated "strong year on year growth, and continues to perform well".

The AIM-listed firm has been a classic growth story over the past few years, with the price rising from 16.5p in 2009. It's an area that should see increasing demand, and GB Group might be well positioned to benefit from it.

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> Alan  does not own any shares mentioned in this article.

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Comments

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theRealGrinch 09 Jul 2012 , 2:33pm

how short term are we going to get? :)

TMFBoing 09 Jul 2012 , 3:56pm

Well, I was wondering about going for "3 Shares Set To Beat The FTSE before breakfast" for tomorrow ;-)

Cheers,
Alan
TMFBoing

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