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Pin to quick picks888 Holdings Share News (888)

Share Price Information for 888 Holdings (888)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 87.45
Bid: 86.90
Ask: 87.15
Change: 1.90 (2.22%)
Spread: 0.25 (0.288%)
Open: 82.00
High: 87.45
Low: 82.00
Prev. Close: 85.55
888 Live PriceLast checked at -

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FTSE 100 gains ahead of central bank meetings, Unilever up on new CEO

Mon, 30th Jan 2023 17:31

Unilever names Dutch dairy boss Schumacher as CEO

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BoE seen hiking rate by 50 bps

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888 Holdings tanks to FTSE 250 bottom as CEO quits

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FTSE 100 up 0.3%, FTSE 250 off 0.5%

Jan 30 (Reuters) - The FTSE 100 gained on Monday as investors awaited a slew of central bank decisions this week, with Unilever supporting the index after the consumer goods giant announced a new chief executive officer.

The blue-chip FTSE 100 ticked 0.3% higher, while the midcap FTSE 250 dropped 0.5%.

Unilever rose 1.3% after the company appointed Hein Schumacher, currently the chief of Dutch dairy business FrieslandCampina, to replace CEO Alan Jope from July 1.

"Unilever has been managing to navigate through the turbulence pretty adeptly, and the appointment of a new CEO has been greeted positively by the market, in expectation he will help steady the ship further," said Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown.

The personal care index gained 1.5%.

Investors have their eyes on the Bank of England, first of the major central banks to turn hawkish, which is expected to deliver its 10th rate hike since December 2021 on Thursday. Traders have priced in a 50 bps rate hike, followed by another 25 bps in March before the BoE pauses.

"How far might they dial back rate hikes and the hints they might drop about the future trajectory of their policy decisions are the two things which will be keeping investors up at night," said Russ Mould, investment director at AJ Bell.

Limiting gains on the FTSE 100, life insurers dropped 1.6% as insurer Legal & General said Chief Executive Nigel Wilson was retiring after a decade in the top job but would remain in the post until a successor took the helm. The stock fell 1.8%.

888 Holdings tumbled 27.5%, its biggest percentage loss since 2006, after the bookmaker said CEO Itai Pazner would step down immediately and it would suspend VIP activities in some markets pending an internal investigation. 888 did not give a reason for Pazner's departure.

Ryanair slipped 2.7% despite posting a record after-tax profit for its October-December quarter. The stock hit an 11-month high last week amid a recovery in stock markets. (Reporting by Sruthi Shankar and Shristi Achar A in Bengaluru; Editing by Subhranshu Sahu, Shinjini Ganguli and Alison Williams)

More News
2 May 2024 20:54

888 prices notes; enters GBP50 million revolving credit facility

(Alliance News) - 888 Holdings PLC on Thursday announced the pricing of its senior secured notes, and said it has entered a new revolving credit facility.

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19 Apr 2024 17:32

UK's FTSE 100 rises as traders ramp up rate cut bets

BoE's Ramsden more confident UK inflation risks are ebbing

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19 Apr 2024 17:03

LONDON MARKET CLOSE: Stocks tentative on rising Israel-Iran tensions

(Alliance News) - Stock prices in London closed up on Friday, as investors showed caution in reaction to Israel carrying out retaliatory strikes on the Iranian central province of Isfahan.

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19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

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19 Apr 2024 09:46

SMALL-CAP WINNERS & LOSERS: 888 revenue fall beats expectations

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

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19 Apr 2024 08:25

888 beats quarterly revenue guidance and eyes future growth

(Alliance News) - 888 Holdings PLC on Friday said first-quarter revenue declined but topped expectations, ahead of a possible name change for the William Hill owner.

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19 Apr 2024 08:02

888 beats its own guidance with solid Q1 revenues

(Sharecast News) - Shares in gambling group 888 Holdings rose on Friday after the company delivered first-quarter revenues ahead of guidance and reiterated its confidence in hitting full-year targets.

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19 Apr 2024 07:47

LONDON BRIEFING: Man Group assets up; 888 revenue above outlook

(Alliance News) - London's FTSE 100 is called to open lower on Friday, though oil prices got a boost, on fears of a conflict escalation in the Middle East.

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18 Apr 2024 09:17

Bridgepoint picks former William Hill CFO Prior as new finance chief

(Alliance News) - Bridgepoint Group PLC on Thursday named Ruth Prior as its new chief financial officer.

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15 Apr 2024 14:09

UK earnings, trading statements calendar - next 7 days

Tuesday 16 April 
Accesso Technology Group PLCFull Year Results
Antofagasta PLCTrading Statement
Ashtead Technology Holdings PLCFull Year Results
Billington Holdings PLCFull Year Results
Chapel Down Group PLCFull Year Results
Entain PLCTrading Statement
Equals Group PLCFull Year Results
Gattaca PLCHalf Year Results
Gresham Technologies PLCFull Year Results
IntegraFin Holdings PLCTrading Statement
Learning Technologies Group PLCFull Year Results
Next 15 Group PLCFull Year Results
Ninety One PLC and LtdTrading Statement
Oxford Instruments PLCTrading Statement
Qinetiq Group PLCTrading Statement
Petra Diamonds PLCTrading Statement
Robert Walters PLCTrading Statement
Team17 Group PLCFull Year Results
Wednesday 17 April 
Brooks Macdonald Group PLCTrading Statement
Hays PLCTrading Statement
Inspecs Group PLCFull Year Results
Liontrust Asset Management PLCTrading Statement
M Winkworth PLCFull Year Results
Menhaden Resource Efficiency PLCFull Year Results
Rio Tinto PLCTrading Statement
Saga PLCFull Year Results
Thursday 18 April 
AJ Bell PLCTrading Statement
BHP Group LtdTrading Statement
Devolver Digital IncFull Year Results
Dunelm Group PLCTrading Statement
easyJet PLCTrading Statement
Foxtons Group PLCTrading Statement
HydrogenOne Capital Growth PLCFull Year Results
Keystone Law Group PLCFull Year Results
LBG Media PLCFull Year Results
Pod Point Group Holdings PLCFull Year Results
Rentokil Initial PLCTrading Statement
Segro PLCTrading Statement
Friday 19 April 
888 Holdings PLCTrading Statement
Man Group PLCTrading Statement
Monday 22 April 
Brave Bison Group PLCFull Year Results
Elixirr International PLCFull Year Results
Frenkel Topping Group PLCFull Year Results
South32 LtdQ3 Results
Ten Lifestyle Group PLCHalf Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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28 Mar 2024 14:35

EARNINGS AND TRADING: 888 advances US exit; Arrow ups reserve estimate

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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28 Mar 2024 07:42

888 reaches deal to sell US B2C operations for undisclosed amount

(Sharecast News) - Gambling group 888 has announced that it is selling its B2C operations in the US to online sports betting and interactive gaming company Hard Rock Digital after a strategic review of the business.

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27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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26 Mar 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 flat amid China-West tension

(Alliance News) - The FTSE 100 recovered slightly from a tricky morning on Tuesday to trade flat heading into the afternoon, though simmering global tensions have kept a lid on its progress in the early part of the week.

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