Gulf (LSE: GKP), Lonrho (LSE: LONR) and Dixons (LSE: DXNS) all gain today.
The FTSE 100 (UKX) is flat on 5,850 points mid-morning, after dropping when the market opened, but then recovering to get back to yesterday's close. We've had a strong few weeks, with the index of the UK's biggest shares up 6.5% since mid-July, and it might be heading to beat its 52-week high of 5,966 points set in March.
But wherever the index overall is going, many individual companies in the various FTSE indices are performing well. Here are three that have gained today...
Gulf Keystone Petroleum (LSE: GKP) perked up a nice 8.25p (4%) to 213p after announcing a significant development in its Shaikan Field in Kurdistan, Iraq. In what was described as an important milestone, the company told us it has submitted a Declaration of Commercial Discovery for the field, and it will now move on to creating a development plan.
Gulf shares have been erratic this year, but they've put on a strong 47% since the end of June, and there are strong forecasts for 2013.
Lonrho (LSE: LONR), which invests in agriculture, infrastructure and other sectors in Africa, gained 5.8% to 8.4p on the release of interim results that saw like-for-like revenues up 29% to £123m in the six months to June 30th. Gross margin increased by 3.6% to 25.6%, and net debt was reduced by 23% to £78.7m.
The boost came mainly from the company's focus on agribusiness, but its no-frills airline FastJet (backed by Sir Stelios Haji-Ioannou) helped it to a £32.5m pre-tax profit, up from £23.7m. A dividend is expected to be introduced in 2013.
Dixons Retail (LSE: DXNS) continued its strong run with a 3% rise to 16.5p, on the acquisition of a further 22% of PIXmania for £8m cash to add to the 77% it already owns. PIXmania owns the e-commerce platform that Dixons uses in the UK and Ireland, and the buyout improves Dixons' control over its online and other multi-channel business.
Dixons shares have gained 72% since their 2012 low point in January, suggesting the high street retailer has turned the corner, with forecasts suggesting nearly 30% earnings per share growth this year and a further 40% next. But there won't be much of a dividend for a while.
Neil Woodford owes his success to finding companies in strong sectors paying high dividends, and avoiding risky shares like banks. To find out where has his money, check out the Motley Fool report “8 Shares Held By Britain's Super Investor”. It will only be free for a limited period, so click here to get your free copy now.
If you're interested in potentially rich sectors, the new Motley Fool report, “How To Unearth Great Oil & Gas Shares” might give you some ideas -- it's a tricky business to analyze, and we need all the help we can get.
Further Motley Fool investment opportunities:
> Alan Oscroft does not own any shares mentioned in this article