Today's release of the CBI Industrial Trends survey showed the strongest increase in total orders since 2007:
This would suggest that positive trends in U.K. Industrial Production continue:
The Industrial sector in MSCI United Kingdom is the third best performer (behind the Telecom and Consumer Discretionary sectors) on an absolute and relative basis over the last year:
Digging deeper, the best performing sub-industry over the last year has been the Airlines (comprised of just one stock, EasyJet), followed by Industrial Machinery:
A quick look at the constituents of the U.K. Industrial Machinery sub-industry reveals one especially outstanding performer in the group:
Finally, when we look at our point-and-figure charts, along with the underlying data on price movements, we see that, once again, the highest average daily percent change generates the best relative performance: