- Member Benefits
- Manage your personalised Watchlist.
- Set up an online Virtual Portfolio.
- Participate in Share Chat.
- See more trades and director dealings.
- Play the Fantasy Share Trading Game.
Share:
HomeShare PricesStock PickerFinancial DiaryUK IndicesUK Industry SectorsCompany LookupShare RisersShare FallersBroker RatingsFinance GlossarySMS ServicesShare ChatFinance NewsBlogsLive PricesShares BookshopFinance ToolsMembers
Latest Share Chat
Royal Dutch Shell ShareCast News (RDSA)
ShareCast News for Royal Dutch Shell (RDSA)
| Share Price: 2,263.00 | Bid: 2,262.50 | Ask: 2,263.50 | Change: 3.00 (+0.13%) |  | ||||||
| ||||||||||
London close: Markets surge on Draghi's euro pledge
Thu, 26th Jul 2012 16:48
- Stocks surge on comments from ECB head
- Peripheral bond yields drop
- Rolls, ITV and Unilever lead gainers on Footsie
Mario Draghi's pledge to do whatever it takes to save the euro saw stocks worldwide rocket toda,y as markets attempt to regain lost ground from the steep sell-off earlier this week.
Italian and Spanish bonds surged on Thursday after the President of the European Central Bank (ECB), Mario Draghi, said the bank would do "whatever it takes to preserve the euro...and believe me, it will be big enough". This is the clearest indication yet the ECB may be prepared to buy the debt of under pressure Eurozone countries in order to drive down yields.
Speaking in London, he said: "To the extent that the size of the sovereign premia hamper the functioning of the monetary policy transmission channels, they come within our mandate."
Yields on 10-year Spanish and Italian bonds dropped 44 basis points and 36 points on the secondary market this afternoon, meaning that borrowing costs for 10-yar Spanish debt were back below the 'unsustainable' level of 7%.
Markets were lifted yesterday afternoon after ECB policy-maker Ewald Nowotny suggested that the European Stability Mechanism (ESM) should be given a banking licence, which could help it provide bigger loans to struggling countries.
If that wasn't enough, markets were attempting to digest a flurry of corporate results today, with several heavyweight blue chips providing big swings in the London market this afternoon.
FTSE 100 risers: Rolls-Royce, ITV, Unilever...
Power systems group Rolls-Royce advanced after saying that underlying revenues and pre-tax profits rose 5% and 7% in the first half, respectively, and said it expects "good" growth for the full year.
Broadcaster ITV surged after reporting double-digit revenues and profit growth in the first half, as its 'Transformation Plan' "continues to gain momentum", according to CEO Adam Crozier.
Consumer products firm Unilever jumped after turnover increased 11.5% in the first six months of the year. CEO Paul Polman said that the group is continuing to deliver volume growth ahead of its markets and gained value share across the majority of the business.
Intertek, the international provider of quality and safety services, also gained after it delivered soaring revenues and strong profit growth in the six months to the end of June.
Publishing group Reed Elsevier was a high riser after underlying revenues grew 5% in the first half, with all five business areas showing growth.
Catering firm Compass also rose after delivering a "good" performance in the third quarter, as strong growth in North America and emerging markets offset weakness in Europe.
FTSE 100 fallers: Shell, CSCG, Lloyds
Oil major Royal Dutch Shell was leading the fallers after second-quarter earnings dropped from $8bn to $6bn in the second quarter, as profits have tracked energy prices lower.
Real estate investment trust Capital Shopping Centres Group (CSCG) fell after reporting a 2.3% LFL decline in net rental income in the first half.
Banking group Lloyds fell after posting a half-year loss of £439m and upping its PPI provisions by £700m. Nevertheless, underlying profits increased from £715m to £1.1bn.
FTSE 100 - Risers
Polymetal International (POLY) 873.50p +7.64%
Rolls-Royce Holdings (RR.) 885.00p +6.69%
ITV (ITV) 75.85p +6.23%
Unilever (ULVR) 2,256.00p +5.42%
Reed Elsevier (REL) 544.00p +5.32%
Intertek Group (ITRK) 2,831.00p +5.20%
Compass Group (CPG) 682.00p +4.52%
Evraz (EVR) 220.70p +4.35%
Weir Group (WEIR) 1,600.00p +4.23%
Wolseley (WOS) 2,330.00p +4.06%
FTSE 100 - Fallers
Royal Dutch Shell 'B' (RDSB) 2,208.00p -2.52%
Royal Dutch Shell 'A' (RDSA) 2,137.50p -2.26%
Admiral Group (ADM) 1,118.00p -1.58%
Carnival (CCL) 2,083.00p -1.42%
Pennon Group (PNN) 754.50p -1.18%
Capital Shopping Centres Group (CSCG) 325.90p -0.67%
Lloyds Banking Group (LLOY) 29.14p -0.53%
Rexam (REX) 435.70p -0.53%
British Land Co (BLND) 531.00p -0.19%
Hammerson (HMSO) 466.50p -0.11%
FTSE 250 - Risers
Laird (LRD) 213.00p +15.45%
Talvivaara Mining Company (TALV) 132.00p +7.40%
Avocet Mining (AVM) 71.60p +6.63%
St James's Place (STJ) 339.50p +6.49%
Drax Group (DRX) 469.00p +6.11%
Moneysupermarket.com Group (MONY) 141.20p +5.45%
Petropavlovsk (POG) 421.70p +5.21%
Taylor Wimpey (TW.) 44.91p +5.13%
Imagination Technologies Group (IMG) 504.50p +5.10%
easyJet (EZJ) 569.50p +4.98%
FTSE 250 - Fallers
De La Rue (DLAR) 1,016.00p -4.60%
Synergy Health (SYR) 920.00p -3.11%
Cookson Group (CKSN) 533.00p -2.83%
Daejan Holdings (DJAN) 2,834.00p -2.51%
BTG (BTG) 381.00p -2.41%
Capital & Counties Properties (CAPC) 208.30p -1.75%
London & Stamford Property (LSP) 113.00p -1.57%
Ferrexpo (FXPO) 173.60p -1.53%
Genus (GNS) 1,270.00p -1.24%
Diploma (DPLM) 442.00p -1.18%
BC
- Peripheral bond yields drop
- Rolls, ITV and Unilever lead gainers on Footsie
Mario Draghi's pledge to do whatever it takes to save the euro saw stocks worldwide rocket toda,y as markets attempt to regain lost ground from the steep sell-off earlier this week.
Italian and Spanish bonds surged on Thursday after the President of the European Central Bank (ECB), Mario Draghi, said the bank would do "whatever it takes to preserve the euro...and believe me, it will be big enough". This is the clearest indication yet the ECB may be prepared to buy the debt of under pressure Eurozone countries in order to drive down yields.
Speaking in London, he said: "To the extent that the size of the sovereign premia hamper the functioning of the monetary policy transmission channels, they come within our mandate."
Yields on 10-year Spanish and Italian bonds dropped 44 basis points and 36 points on the secondary market this afternoon, meaning that borrowing costs for 10-yar Spanish debt were back below the 'unsustainable' level of 7%.
Markets were lifted yesterday afternoon after ECB policy-maker Ewald Nowotny suggested that the European Stability Mechanism (ESM) should be given a banking licence, which could help it provide bigger loans to struggling countries.
If that wasn't enough, markets were attempting to digest a flurry of corporate results today, with several heavyweight blue chips providing big swings in the London market this afternoon.
FTSE 100 risers: Rolls-Royce, ITV, Unilever...
Power systems group Rolls-Royce advanced after saying that underlying revenues and pre-tax profits rose 5% and 7% in the first half, respectively, and said it expects "good" growth for the full year.
Broadcaster ITV surged after reporting double-digit revenues and profit growth in the first half, as its 'Transformation Plan' "continues to gain momentum", according to CEO Adam Crozier.
Consumer products firm Unilever jumped after turnover increased 11.5% in the first six months of the year. CEO Paul Polman said that the group is continuing to deliver volume growth ahead of its markets and gained value share across the majority of the business.
Intertek, the international provider of quality and safety services, also gained after it delivered soaring revenues and strong profit growth in the six months to the end of June.
Publishing group Reed Elsevier was a high riser after underlying revenues grew 5% in the first half, with all five business areas showing growth.
Catering firm Compass also rose after delivering a "good" performance in the third quarter, as strong growth in North America and emerging markets offset weakness in Europe.
FTSE 100 fallers: Shell, CSCG, Lloyds
Oil major Royal Dutch Shell was leading the fallers after second-quarter earnings dropped from $8bn to $6bn in the second quarter, as profits have tracked energy prices lower.
Real estate investment trust Capital Shopping Centres Group (CSCG) fell after reporting a 2.3% LFL decline in net rental income in the first half.
Banking group Lloyds fell after posting a half-year loss of £439m and upping its PPI provisions by £700m. Nevertheless, underlying profits increased from £715m to £1.1bn.
FTSE 100 - Risers
Polymetal International (POLY) 873.50p +7.64%
Rolls-Royce Holdings (RR.) 885.00p +6.69%
ITV (ITV) 75.85p +6.23%
Unilever (ULVR) 2,256.00p +5.42%
Reed Elsevier (REL) 544.00p +5.32%
Intertek Group (ITRK) 2,831.00p +5.20%
Compass Group (CPG) 682.00p +4.52%
Evraz (EVR) 220.70p +4.35%
Weir Group (WEIR) 1,600.00p +4.23%
Wolseley (WOS) 2,330.00p +4.06%
FTSE 100 - Fallers
Royal Dutch Shell 'B' (RDSB) 2,208.00p -2.52%
Royal Dutch Shell 'A' (RDSA) 2,137.50p -2.26%
Admiral Group (ADM) 1,118.00p -1.58%
Carnival (CCL) 2,083.00p -1.42%
Pennon Group (PNN) 754.50p -1.18%
Capital Shopping Centres Group (CSCG) 325.90p -0.67%
Lloyds Banking Group (LLOY) 29.14p -0.53%
Rexam (REX) 435.70p -0.53%
British Land Co (BLND) 531.00p -0.19%
Hammerson (HMSO) 466.50p -0.11%
FTSE 250 - Risers
Laird (LRD) 213.00p +15.45%
Talvivaara Mining Company (TALV) 132.00p +7.40%
Avocet Mining (AVM) 71.60p +6.63%
St James's Place (STJ) 339.50p +6.49%
Drax Group (DRX) 469.00p +6.11%
Moneysupermarket.com Group (MONY) 141.20p +5.45%
Petropavlovsk (POG) 421.70p +5.21%
Taylor Wimpey (TW.) 44.91p +5.13%
Imagination Technologies Group (IMG) 504.50p +5.10%
easyJet (EZJ) 569.50p +4.98%
FTSE 250 - Fallers
De La Rue (DLAR) 1,016.00p -4.60%
Synergy Health (SYR) 920.00p -3.11%
Cookson Group (CKSN) 533.00p -2.83%
Daejan Holdings (DJAN) 2,834.00p -2.51%
BTG (BTG) 381.00p -2.41%
Capital & Counties Properties (CAPC) 208.30p -1.75%
London & Stamford Property (LSP) 113.00p -1.57%
Ferrexpo (FXPO) 173.60p -1.53%
Genus (GNS) 1,270.00p -1.24%
Diploma (DPLM) 442.00p -1.18%
BC
FTSE 100 movers: easyJet rises after narrowing losses
easyJet narrowed its half-year losses as the low-cost airline took initiatives to boost revenues and cut costs.[15 May '13]
London midday: Stocks edge higher on improved outlook from BoE
An improved outlook from the Bank of England (BoE) lifted UK markets into the blue by Wednesday lunchtime as investors shrugged off disappointing growth figures from the Eurozone and rising unemployment at home.[15 May '13]
BP and Shell accused of rigging oil prices for over a decade
BP and Shell are being investigated into allegations they colluded to rig oil prices for more than a decade.[15 May '13]
London open: Eurozone GDP figures worry markets early on
Worse-than-expected growth figures from Eurozone powerhouses Germany and France dampened market sentiment in London on Wednesday morning, as stocks pulled back after hitting fresh multiyear highs the day before.[15 May '13]
Wednesday newspaper round-up: BP and Shell, RBS, M&S...
BP, Shell and a number of other oil majors are under investigation by European regulators into whether they rigged the price of oil for over a decade, writes The Telegraph. Authorities raided offices of the companies yesterday after MPs and officials suggested that the oil price could be vulnerable to being manipulated in the same way as LIBOR was rigged by the banks.[15 May '13]
Friday newspaper round-up: RBS, Barclays, Shell...
"Royal Bank of Scotland is poised to send the clearest signal yet that it is ready for the government to begin reprivatising its majority stake," writes the Financial Times. The paper says that the bank is expected to announce plans for a share sale that could start as soon as next year.[3 May '13]
Friday tips round-up: BG Group and Shell
In spite of falling operating profits and production in its first quarter, oil and gas outfit BG Group still beat expectations with its results yesterday, according to the Tempus column in The Times.[3 May '13]
London close: Stocks gain after ECB rate cut, US data
After a subdued start, the FTSE 100 ended Thursday's session in a volatile fashion as traders digested an underwhelming interest-rate cut from the European Central Bank (ECB), comments from Mario Draghi and better-than-expected economic data from the States.[2 May '13]
