Worth Shorting the UK Retail Sector?

UK Retail Sector
Sales?


9 November 2017: Worth Shorting the UK Retail Sector?

This week we’ve seen:

  • trending_downBurberry down 10%
  • trending_downAssociated British Foods (Primark) down 3.7%
  • trending_downMarks and Spencer down 2%
  • trending_downSainsbury’s down 2%
  • trending_downxxx
If you trade UK stocks then take a look at the next FTSE 350 retail firms to report.

It might be worth a small short or perhaps small shorts on a couple of stocks to even things out.

Of course, before spread betting, take a look at the current price compared to the share price of 1-2 weeks ago.

The rest of the sector could easily have dragged the shares down already.

Having said that, that logic didn’t apply to the latest firms to report, i.e. Burberry and Sainsbury’s.

After 2 hours of trading Burberry is a firm 10% off yesterday’s close.


UK Retail Sector Taking a Hit

UK Retail Sector Taking a Hit
Prices as of 9.45am – 9 November 2017


UK Retail Sector Constituents

If you want to short (or buy) the whole UK retail sector, that’s easier said than done. The companies are not in a nice and simple sector.

Most of the firms you’re thinking about a spread across the “Personal Goods”, “General Retail” and “Food and Drug Retailers” sectors…

Just to be awkward AB Foods (i.e. ABF, i.e. the Primark owner) is actually in the “Food Producer” sector.


FTSE 350 “Personal Goods” Sector

  • arrow_forward B&M European ( BME )
  • arrow_forward Brown (N) Group ( BWNG )
  • arrow_forward Card Factory ( CARD )
  • arrow_forward Dignity ( DTY )
  • arrow_forward Dixons ( DC. )
  • arrow_forward Dunelm ( DNLM )
  • arrow_forward Halfords ( HFD )
  • arrow_forward Inchcape ( INCH )
  • arrow_forward Jd Sports ( JD. )
  • arrow_forward Just Eat ( JE. )
  • arrow_forward Kingfisher ( KGF )
  • arrow_forward Marks & Spencer ( MKS )
  • arrow_forward Next ( NXT )
  • arrow_forward Pets At Home ( PETS )
  • arrow_forward Saga ( SAGA )
  • arrow_forward Sportsdirect ( SPD )
  • arrow_forward Wh Smith ( SMWH )
Also see – LondonStockExchange.com FTSE 350 “Personal Goods” Sector


FTSE 350 “General Retail” Sector

  • arrow_forward Burberry ( BRBY )
  • arrow_forward Pz Cussons ( PZC )
  • arrow_forward Supergroup ( SGP )
  • arrow_forward Ted Baker ( TED )
  • arrow_forward Unilever ( ULVR )
Also see – LondonStockExchange.com FTSE 350 “General Retail” Sector


“Food and Drug Retailers” Sector

  • arrow_forward Booker ( BOK )
  • arrow_forward Greggs ( GRG )
  • arrow_forward Morrisons ( MRW )
  • arrow_forward Ocado ( OCDO )
  • arrow_forward Sainsburys ( SBRY )
  • arrow_forward Tesco ( TSCO )
Also see – LondonStockExchange.com FTSE 350 “Food and Drug Retailers” Sector


AuthorAlex Turner

Senior Editor, SpreadBetMagazine

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