Mondi PLC shares rally 2.61% to £7.56, outperforming market decline

9 articles · Updated · MarketWatch · Apr 29

On Wednesday, Mondi PLC shares closed at £7.56, up 2.61%, while the FTSE 100 Index dropped 1.16% to 10,213.11.
Trading volume for Mondi reached 1.2 million, slightly below its 50-day average of 1.4 million, amid a generally weak market session.
Despite this rally, Mondi PLC remains 39.54% below its 52-week high of £12.51, last achieved on July 3rd.

With profits down 29%, will Mondi be forced to slash its dividend to survive the downturn?

Mondi's stock defied a market crash, but what is the hidden force behind its surprising surge?

An insider is buying shares, but a major bank is selling. Who is right about Mondi's future?

As Europe mandates more recycling, can Mondi’s leadership in virgin paper survive?

Can Mondi's price hikes combat soaring energy costs fueled by the ongoing Iran war?