Shares Magazine – August 15, 2019

(Axel Boer) #1

22 | SHARES | 15 Aurgst 20198


as do leisure enterprise, like Cineworld.
Also includes media businesses such as
broadcaster ITV (ITV) and advertising agency
WPP (WPP).

INDUSTRIALS – 62 (11.4%)

Think aero-engine maker Rolls-Royce (RR.)
or engineering firms like Renishaw (RSW)
and steam and heating systems designer
Spirax-Sarco (SPX). This sector also includes
bus and train operators plus business
services suppliers.

HEALTHCARE – 11 (9.3%)

Big pharmaceutical companies like
AstraZeneca (AZN) and GlaxoSmithKline
(GSK) dominate here. But there are
also a handful of healthcare equipment
manufacturers, such as Smith & Nephew
(SN.), which makes prosthetic limbs and
joints, plus private hospital operators like
NMC Health (NMC).

BASIC MATERIALS – 20 (8.1%)

Natural resources that are not oil related,
this is mainly made up of multi-billion
pound gold, iron, copper and other
material miners like Anglo American (AAL),
BHP (BHP) and Rio Tinto (RIO). Also include
paper-based packaging firms like DS Smith

(SMDS), which makes those corrugated
cardboard coverings that Amazon deliveries
tend to arrive in.

TELECOMMUNICATIONS – 5 (2.7%)

Pretty self-explanatory, suppliers of services
around phones, the internet and streaming
TV sit here. Vodafone and BT are the real
heavyweights, with TalkTalk (TALK) and
Utility Warehouse operator Telecom Plus
(TEP) other constituents.

UTILITIES – 8 (2.6%)

Utility energy suppliers like British Gas-owner
Centrica (CNA) or SSE (SSE) are joined by
a handful of water network suppliers, like
United Utilities (UU.), the UK’s largest by
market value.

TECHNOLOGY – 11 (1.0%)

This is really software companies led by
accounting and payroll platform provider
Sage (SGE). IT infrastructure developer Micro
Focus (MCRO) and engineering software
provider AVEVA (AVV) are also prominent.

By Steven Frazer News Editor
Free download pdf