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British American Tobacco Share News (BATS)

Stock Market news at lse.co.uk - RSS News Feeds

Share News for British American Tobacco (BATS)


Share Price: 2,800.00Bid: 2,800.50Ask: 2,801.50Change: 0.00 (0.00%)No Movement on Br.amer.tob.
Spread: 1.00Spread as %: 0.04%Open: 2,816.00High: 2,821.00Low: 2,791.00Yesterday’s Close: 2,800.00




FTSE 100 flounders as miners, exporters fall; Metro Bank tanks

Thu, 2nd May 2019 08:41

(For a live blog on European stocks, type LIVE/ in an Eikon news window)

* FTSE 100 down 0.6 pct

* FTSE 250 down 0.7 pct

* Miners, exporter shares drag on main index

* Metro Bank hits life-low after Q1 results

May 2 (Reuters) - A fall in blue-chip copper miners and a firmer sterling drove the FTSE 100 lower on Thursday, while mid-cap Metro Bank tanked after an accounting error caused quarterly profit to halve.

The FTSE 100 was down 0.5 percent and the FTSE 250 was 0.7 percent lower by 0730 GMT.

Sterling gained after investors took comments made by Prime Minister Theresa May as an indication of progress in Brexit talks between the government and the main opposition Labour Party.

This led to shares of dollar earners such as British American Tobacco and Diageo shedding more than 1 percent.

Copper prices hit a more than two-month low, causing an index of miners to fall for the seventh consecutive session and leading heavyweights Rio Tinto, Glencore and BHP more than 2.2 percent lower.

But medical products maker Smith & Nephew outperformed the main bourse with a 2.9 percent gain, as it forecast annual revenue growth at the top half of its prior guidance range.

On the mid-cap index, Metro Bank slumped 16 percent to an all-time low after saying the fallout from an accounting error it disclosed in January hit quarterly profit, capital buffers and major business customer deposits. (Reporting by Shashwat Awasthi in Bengaluru Editing by Gareth Jones)



(c) Copyright Thomson Reuters 2019. Click For Restrictions - https://agency.reuters.com/en/copyright.html


Related Shares:
Glencore International (GLEN)Smith and Nephew (SN.)





UPDATE 2-FTSE 100 marks best week in 4 months; buyout offer lifts Millennium & Copthorne

* FTSE 100 up 1%; FTSE 250 up 0.9%* Disappointing U.S. jobs data raises rate cut hopes* Millennium & Copthorne surges after buyout offer* Ferrexpo ris
[7 Jun '19 09:29]

UPDATE 2-FTSE felled by Trump tariff threat, China data gloom

* FTSE 100 down 0.8%, FTSE 250 down 0.7%* Threat of tariffs on Mexico hits financials, miners* Recession fears make safe haven assets desirable* House
[31 May '19 08:57]

UPDATE 2-FTSE 100 gains as sterling slips on renewed hard Brexit concerns

* FTSE 100 up 0.5%, FTSE 250 up 0.9%* Exporter stocks gain after sterling slips* Mid-cap FirstGroup hits near 2-yr high* Daily Mail publisher surges o
[30 May '19 09:02]

LIVE MARKETS-Closing snapshot: May mayhem continues

* STOXX 600 hits lowest since March 11 as trade row grows * Pan European index closed 1.4% lower * China threatens to retaliate using its vast
[29 May '19 16:47]

LIVE MARKETS-Smoked!

* STOXX 600 hits lowest since March 11 as trade row grows * Pan European index now down 1.4% * China threatens to retaliate using its vast rar
[29 May '19 12:34]

UPDATE 2-Worsening trade conflict drags down London's FTSE 100

* FTSE 100 down 1.2%, FTSE 250 down 1.4%* Stobart up among mid-caps after results* Mining shares retreat after two days of gains* Oil majors weighed d
[29 May '19 09:33]

Chinese broadside weakens UK shares, miners hit

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100, FTSE 250 down 0.7%* AVEVA, Stobart up among mid-caps after results
[29 May '19 08:26]

UPDATE 2-FTSE 100 chokes as tobacco firms fall on sales report, drugmakers dip

* FTSE 100 down 0.1%, FTSE 250 up 0.4%* Tobacco cos, drugmakers lead losses on main index* NMC up after hiking FY forecast* Galliford gains after snub
[28 May '19 09:29]



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