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Pin to quick picksAuto Trader Share News (AUTO)

Share Price Information for Auto Trader (AUTO)

London Stock Exchange
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Share Price: 735.80
Bid: 736.80
Ask: 737.00
Change: 12.80 (1.77%)
Spread: 0.20 (0.027%)
Open: 731.00
High: 737.80
Low: 730.60
Prev. Close: 723.00
AUTO Live PriceLast checked at -

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LONDON MARKET OPEN: Stocks Open Higher As Aviva Sets New Course

Thu, 06th Jun 2019 08:57

LONDON (Alliance News) - Stock prices in London opened broadly in the green Thursday with blue-chips led by Aviva and mid-caps by Entertainment One. The FTSE 100 index was up 34.04 points, or 0.5%, at 7,254.28 early Thursday. The mid-cap FTSE 250 index was up 56.11 points, or 0.3%, at 19,128.28. The AIM All-Share index was down marginally at 939.40.The Cboe UK 100 index was up 0.5% at 12,305.55. The Cboe 250 was up 0.3% at 17,185.65, and the Cboe Small Companies was down 0.1% at 11,711.38.Sterling was quoted at USD1.2678 early Thursday, lower than USD1.2725 at the London equities close on Wednesday.In mainland Europe, the CAC 40 in Paris was flat while the DAX 30 in Frankfurt was up 0.1% in early trading. The euro was quoted at USD1.1230 early, lower from USD1.1257 at the European equities close yesterday.Later Thursday, the European Central Bank Governing Council meets in the Lithuanian capital of Vilnius, announcing its latest policy decision at 1245 BST. This will be followed by a press conference with ECB President Mario Draghi at 1330 BST.Analysts expect the ECB to maintain a dovish stance, while focus for investors will likely be on details of the central bank's latest round of targeted longer-term refinancing operations, as well as the latest round of economic projections."With investors already anticipating the central bank to be dovish, we might not see too much of a reaction. In fact, the bigger risk as far as the markets are concerned is if the ECB turns out to be surprisingly less dovish than expected, although that would indeed be a big surprise given the cooling of inflation and anaemic growth in the eurozone, not to mention ongoing Brexit and trade uncertainties," said Forex.com analyst Fawad Razaqzada.Added analysts at Daiwa Capital Markets: "All eyes today will be on the conclusion of the ECB's latest policy meeting. The meeting will be the first to be conducted under the ECB's new chief economist, Philip Lane, who replaced Peter Praet at the start of the month. Among other things, the meeting will be watched closely for the updated staff economic forecasts and additional details for the pricing of the forthcoming TLTRO-III liquidity operations, due to start in September."While the central bank's updated economic forecasts might well be little changed from three months ago, the Governing Council's guidance on future policy will be watched closely not least given the recent slide in market-based measures of inflation expectations close to record lows."On the London Stock Exchange, Aviva was among the early gainers in the FTSE 100, rising 1.7%, after the insurer said it will separate its UK businesses and cut 1,800 jobs over next three years as part of a plan to simplify the business, reduce costs and remove duplication. The insurer, which is hosting a investor presentation later on Thursday, intends to separate its life and general insurance businesses in the UK, with the online direct business being integrated into UK general insurance unit.Angela Darlington has been appointed interim chief executive officer of UK Life and Colm Holmes is appointed chief executive officer of general insurance. The company also intends to reduce costs by GBP300 million per annum by 2022 through lower central costs, savings in contractor and consultant spending, reduction in project expenditure and other efficiencies. The cost savings is expected to lead to 1,800 job cuts over the next three years, out of a total workforce of around 30,000. Rolls Royce and Legal & General were both higher in early trade, gaining 1.1% and 1.3%, respectively, after Rolls-Royce Holdings transferred around GBP4.1 billion of pension risk liabilities to L&G.The jet engine maker said its UK pension trustee has completed a deal to transfer pension risk liabilities to Legal & General Assurance Society Ltd, a unit of Legal & General Group. The deal covers the transfer of assets and liabilities relating to around 33,000 pensioners who are members of the Rolls-Royce UK Pension Fund, out of a total of 76,000 members.Alongside the transfer of around GBP4.1 billion of liabilities to Legal & General, the Rolls-Royce pension trustee will also transfer around GBP4.6 billion in assets. The transaction will result in a reduction in Rolls-Royce's net assets by around GBP500 million. Rolls-Royce will continue to maintain its funding of its remaining pension plans unchanged. Legal & General has transacted over GBP6.2 billion of global pension risk transfer in the year to date versus GBP700 million in the same period a year ago.Anchoring the blue chip index were J Sainsbury, Kingfisher and Vodafone as all three stocks went ex-dividend Thursday. The supermarket was down 3.5%, the D&Y store chain down 2.8% and the mobile operator down 2.3%.Auto Trader was off 1.6% despite saying it is confident of meeting its growth expectations in its recently started financial year after reporting double-digit growth in annual profit. The automotive marketplace revealed a 15% increase in pretax profit for the year to the end of March to GBP242.2 million from GBP210.7 million the year before, including GBP8.7 million profit recognised on disposal of its Smart Buying platform.Revenue climbed 7.6% to GBP355.1 million from GBP330.1 million, with average revenue per retailer improving to GBP1,844 per month in financial 2019 from GBP1,695 the year before. Looking ahead, Chief Executive Trevor Mather said: "The new financial year has started well, and despite the continued wider market uncertainty, the board is confident of meeting its growth expectations for the year."Rising sharply to the top of the FTSE 250 index was Entertainment One, gaining 14% after announcing that President & Chief Content Officer Mark Gordon will be staying at the company, contrary to reports in media industry magazine Variety. Entertainment One said Gordon will be a part of the company "both now and into the future".Go-Ahead added 8.1% in early trade. The transport operator said it saw revenue growth across all three of its operation divisions in 2019 to date. Go-Ahead's full-year expectations for its London & International bus division have been increased due to a "strong operating performance". Go-Ahead said it seen "high levels of punctuality" across all of its divisions in the year to date. Mitchells & Butlers was up 4.1% following German investment bank Berenberg upgrading the stock to Buy from Hold.SIG was languishing at the bottom of the FTSE 250, down 2.0%. The stock went ex-dividend Thursday.Elsewhere on the London Stock Exchange, CMC Markets was down 2.6% after the company's profit in its most recently ended financial year took a hard hit from new European regulations and a reduction in overall client volumes. Pretax profit of GBP6.3 million for the year that ended on March 31, down 89% from GBP60.1 million reported a year earlier, as net operating income fell by 30% to GBP130.8 million from GBP187.1 million.The company explained that it had a "difficult" year due to the introduction of new measures by the European Securities & Markets Authority in July and August 2018, which caused many clients in the UK and Europe to stop trading or trade less.Revenue per active client was 30% lower at GBP2,068 compared to GBP2,964 a year ago, while the number of active clients declined by 10% to 53,308 from 59,165. CMC proposed a final dividend of 0.68 pence, resulting in a full year dividend of 2.03p, down 77% from 8.9p paid the year earlier. In addition, CMC confirmed that Chief Operating & Financial Officer Grant Foley will step down on Friday to pursue other opportunities. The departure was first announced in early April.At the time, CMC said it will "run a rigorous process" to find a replacement, but a successor was not yet named. Head of Finance Euan Marshall was named interim CFO.In Asia on Thursday, the Japanese Nikkei 225 index closed marginally down. In China, the Shanghai Composite closed down 1.2%, while the Hang Seng index in Hong Kong is down 0.1%.The economic events calendar on Thursday has EU first-quarter GDP at 1000 BST, with the US issuing its April trade balance and jobless claims for May at 1330 BST.

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3 Nov 2022 15:47

UK earnings, trading statements calendar - next 7 days

Friday 4 November 
Apax Global Alpha LtdFull Year Results
Monday 7 November 
Great Eastern Energy Corp LtdHalf Year Results
Kingspan Group PLCTrading Statement
Ryanair Holdings PLCHalf Year Results
Tuesday 8 November 
3i Infrastructure PLCHalf Year Results
Argentex Group PLCHalf Year Results
Associated British Foods PLCFull Year Results
Aveva Group PLCHalf Year Results
Beximco Pharmaceuticals LtdFull Year Results
Coca-Cola HBC AGTrading Statement
DCC PLCHalf Year Results
Direct Line Insurance Group PLCTrading Statement
Egdon Resources PLCFull Year Results
Hilton Food Group PLCTrading Statement
IMI PLCTrading Statement
Marks Electrical Group PLCHalf Year Results
Oxford Instruments PLCHalf Year Results
Persimmon PLCTrading Statement
Vaalco Energy Inc Q3 Results
Warehouse REIT PLCHalf Year Results
YouGov PLCFull Year Results
Zoo Digital Group PLCHalf Year Results
Wednesday 9 November 
Aviva PLCTrading Statement
Biffa PLCHalf Year Results
Conduit Holdings LtdTrading Statement
Dignity PLCTrading Statement
Esken LtdHalf Year Results
Flutter Entertainment PLCTrading Statement
Gelion PLCFull Year Results
Georgia Capital PLCQ3 Results
Gym Group PLCTrading Statement
JD Wetherspoon PLCTrading Statement
ITV PLCTrading Statement
Marks & Spencer Group PLCHalf Year Results
MaxCyte IncQ3 Results
Norcros PLCHalf Year Results
Picton Property Income LtdHalf Year Results
Smiths Group PLCTrading Statement
Smiths News PLCFull Year Results
Taylor Wimpey PLCTrading Statement
Tracsis PLCFull Year Results
Volex PLCHalf Year Results
Watches of Switzerland Group PLCHalf Year Results
Thursday 10 November 
3i Group PLCHalf Year Results
Allianz Technology Trust PLCQ3 Results
AstraZeneca PLCQ3 Results
Auto Trader Group PLCHalf Year Results
B&M European Value Retail SAHalf Year Results
Bank of Georgia Group PLCQ3 Results
ConvaTec Group PLCTrading Statement
Domino's Pizza Group PLCTrading Statement
Endeavour Mining PLCQ3 Results
Grafton Group PLCTrading Statement
Haleon PLCQ3 Results
Manolete Partners PLCHalf Year Results
National Grid PLCHalf Year Results
Nightcap PLCFull Year Results
Qinetiq Group PLCHalf Year Results
Regional REIT LtdTrading Statement
Renewi PLCHalf Year Results
Spirent Communications PLCTrading Statement
Smoove PLCHalf Year Results
Tate & Lyle PLCHalf Year Results
TT Electronics PLCTrading Statement
Vistry Group PLCTrading Statement
Young & Co's Brewery PLCHalf Year Results
WH Smith PLCFull Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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Auto Trader sells Webzone subsidiary in Ireland for EUR30 million

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17 Oct 2022 12:39

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16 Sep 2022 15:55

UK dividends calendar - next 7 days

Monday 19 September 
no events scheduled 
Tuesday 20 September 
Capital & Counties Properties PLCdividend payment date
Hikma Pharmaceuticals PLCdividend payment date
Hiscox Ltddividend payment date
IP Group PLCdividend payment date
London Stock Exchange Group PLCdividend payment date
Quilter PLCdividend payment date
Scottish American Investment Company PLCdividend payment date
Wednesday 21 September 
OSB Group PLCdividend payment date
Domino's Pizza Group PLCdividend payment date
Thursday 22 September 
abrdn Equity Income Trust PLCdividend payment date
abrdn Private Equity Opportunities Trust PLCex-dividend date
BlackRock Energy & Resources Income Trust PLCex-dividend date
Brooks Macdonald Group PLCex-dividend date
Chelverton UK Dividend Trust PLCex-dividend date
Crest Nicholson Holdings PLCex-dividend date
Essentra PLCex-dividend date
Fidelity European Trust PLCex-dividend date
Forterra PLCex-dividend date
FRP Advisory Group PLCex-dividend date
Gamma Communications PLCex-dividend date
Gateley Holdings PLCex-dividend date
Glencore PLCdividend payment date
Hargreaves Lansdown PLCex-dividend date
Harworth Group PLCex-dividend date
HgCapital Trust PLCex-dividend date
IG Group Holdings PLCex-dividend date
JTC PLCex-dividend date
Kenmare Resources PLCex-dividend date
Mattioli Woods PLCex-dividend date
Mid Wynd International Investment Trust PLCex-dividend date
Old Mutual Ltdex-dividend date
Palace Capital PLCex-dividend date
Provident Financial PLCdividend payment date
Redrow PLCex-dividend date
Rio Tinto PLCdividend payment date
Sabre Insurance Group PLCdividend payment date
SSE PLCdividend payment date
STV Group PLCex-dividend date
TT Electronics PLCex-dividend date
Videndum PCCex-dividend date
Walker Crips Group PLCex-dividend date
XPS Pensions Group PLCdividend payment date
Friday 23 September 
Anglo American PLCdividend payment date
Apax Global Alpha Ltddividend payment date
Arbuthnot Banking Group PLCdividend payment date
Auto Trader Group PLCdividend payment date
BP PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
Hochschild Mining PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
Momentum Multi-Asset Value Trust PLCdividend payment date
Reach PLCdividend payment date
Rotork PLCdividend payment date
Segro PLCdividend payment date
Speedy Hire PLCdividend payment date
St James's Place PLCdividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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