The last six months have been terrific for the . The UK’s flagship index has been busy gaining momentum this year as economic conditions improve. And after years of lacklustre returns, British investors are reaping some chunky payouts.
Sadly, not all constituents have been so lucky. Despite overall positive momentum, some firms have been left behind, falling significantly. But could these downward trajectories secretly have created incredible buying opportunities? Let’s explore the five biggest losers of 2024 so far and determine whether any bargains have emerged.
Inspecting FTSE 100 losers Here are those biggest losers of the year to date. Immediately, it’s clear that the losses haven’t been isolated to a single industry. This list of worst performers covers the fashion, leisure, retail, and engineering sectors.
And plenty of other businesses from these industries have fared far better. The most obvious example in engineering would be with shares surging over 50% in the last six months. The catalyst behind the fall of each business is ultimately different.
So let’s zoom in to the biggest loser – Burberry – to work out what went wrong and whether now’s a good time to buy. What’s going on at Burberry? Being a luxury fashion brand in 2024 isn’t easy. The higher cost of living’s proven to be a significant headwind for luxury retailers as households are more focused on saving rather than spending.
However, the firm’s new creative direction doesn’t appear.