10 Best Performing FTSE 350 Shares of 2018

For all the year’s doom and gloom, some stocks have still found a way to shine. But what exactly were the best performing FTSE 350 shares in 2018?

#10. Auto Trader Group PLC

2^nd January 2018 Opening Price: £3.60
19^th December 2018 Closing Price: £4.48
Percentage Change: +24.4%

Auto Trader’s big moment came in early June, as a 10% rise in full year pre-tax profits to £210 million countered its warnings about the UK new and used car markets.

#9. Ei Group PLC

2^nd January 2018 Opening Price: £1.46
19^th December 2018 Closing Price: £1.84
Percentage Change: +26.0%

The UK’s largest pub company capped off a strong 2018 with November’s full year results, which saw the firm announce it was putting its commercial property estate up for sale.

#8. Pearson PLC

2^nd January 2018 Opening Price: £7.42
19^th December 2018 Closing Price: £9.40
Percentage Change: +26.7%

The former FT-owner saw most of its growth in the first half of the year, as it reassured investors its turnaround was on track.

#7. QinetiQ Group PLC

2^nd January 2018 Opening Price: £2.31
19^th December 2018 Closing Price: £2.93
Percentage Change: +26.8%

The turning point for QinetiQ’s 2018 came in late-May, with a 3% rise in annual organic revenue to £833 million, its consecutive year of growth.

#6. Syncona PLC

2^nd January 2018 Opening Price: £2.02
19^th December 2018 Closing Price: £2.63
Percentage Change: +30.2%

Life science investment trust Syncona really built up a head of steam over the summer, in large part thanks to the successful IPO of Autolus Therapeutics, of which the firm is a major shareholder.

#5. Drax Group PLC

2^nd January 2018 Opening Price: £2.69
19^th December 2018 Closing Price: £3.63
Percentage Change: +34.9%

An already strong year was made all the better for Drax in October, as it confirmed the acquisition of Scottish Power’s portfolio of pumped storage, hydro and gas-fired generation from Iberdrola.

#4. Jardine Lloyd Thompson Group PLC

2^nd January 2018 Opening Price: £14.04
19^th December 2018 Closing Price: £18.97
Percentage Change: 35.1%

There is no way Jardine would have been on this list if it weren’t for September’s announcement it had accepted a takeover bid, worth £4.9 billion, from Marsh & McLennan.

#3. Evraz PLC

2^nd January 2018 Opening Price: £3.44
19^th December 2018 Closing Price: £4.80
Percentage Change: 39.5%

Though there were plenty of mining wobbles in 2018, as the sector tracked China’s economic slowdown, Evraz managed to beat its peers with a near 40% climb.

#2. Hikma Pharmaceuticals PLC

2^nd January 2018 Opening Price: £11.49
19^th December 2018 Closing Price: £18.45
Percentage Change: +60.6%

While Hikma’s 2018 rise has to be put in the context of 2017’s slide, a comeback is a comeback, one fuelled here by ‘improved profitability’ in its Generics and Injectables divisions.

#1. Ocado Group PLC

2^nd January 2018 Opening Price: £3.98
19^th December 2018 Closing Price: £7.79
Percentage Change: +95.7%

Ocado’s spot at no. 1 is all the more remarkable because, at under £8, it is well off July’s £11.50 all-time highs. Still, that’s nearly double where it began 2018, the stock transformed by the announcement of a deal with American grocery giant Kroger.

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