Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBeazley Share News (BEZ)

Share Price Information for Beazley (BEZ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 654.50
Bid: 657.00
Ask: 658.00
Change: -12.50 (-1.87%)
Spread: 1.00 (0.152%)
Open: 668.50
High: 669.50
Low: 653.00
Prev. Close: 667.00
BEZ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London close: Stocks slip ahead of central bank decisions

Mon, 18th Mar 2024 15:33

(Sharecast News) - London markets closed with a slight downturn on Monday as investors monitored upcoming rate decisions from a number of central banks.

The FTSE 100 edged down 0.06%, closing at 7,722.55 points, while the FTSE 250 experienced a modest decline of 0.14%, ending the day at 19,486.53 points.

In currency markets, sterling was last down 0.08% on the dollar, trading at $1.2726, while it inched up 0.05% against the euro to change hands at €1.1703.

"The FTSE 100 continued to retrace its recent gains on Monday, though the selling is confined to specific names such as BT and Phoenix Group, both of which had poor news this morning," said IG chief market analyst Chris Beauchamp.

"Having touched an eight-month high last week, this looks more like consolidation rather than a full-blown reversal."

Beauchamp noted that Alphabet had taken the lead in US trading, rallying over 6% on news that it could be partnering with Apple, allowing the latter to utilise its Gemini AI for iPhones.

"AI continues to excite investors, and the news has helped the stock to recoup almost all the losses from late January.

"This has propelled the Nasdaq 100 higher, shrugging off the poor end to last week, but the Fed meeting and Nvidia conference this week are still potential short-term hurdles for the broader market."

UK house asking prices rise in March, China releases slew of data

In economic news, UK house prices rose in March, suggesting a strengthening confidence in the housing market, according to fresh data from property marketing portal Rightmove.

The Rightmove house price index showed a 1.5% increase in national average asking prices, surpassing February's 0.9% uptick and exceeding the historical March average rise of 1%.

It marked the most significant increase in 10 months, with year-on-year prices up 0.8%.

The average asking price now stood at £368,118, while agreed sales saw a 13% uptick compared to the prior year.

Rightmove highlighted an 8% increase in buyer demand, particularly driven by larger homes and the London market, which are less sensitive to mortgage rates.

"March is typically a strong month for asking price growth, as both buyer and seller activity levels rise and the spring selling season gets underway," said Tim Bannister, Rightmove's director of property science.

"However, the stronger-than-usual price growth this March indicates that new sellers are feeling much more confident - with some perhaps being over-optimistic - that there is enough buyer activity and affordability in their local market to achieve a higher price."

Meanwhile, UK manufacturers showed resilience despite a subdued economic forecast, according to a joint survey by Make UK and BDO.

The quarterly Manufacturing Outlook report, based on responses from 326 companies between January and February, revealed that confidence levels remained "robust".

Recruitment and investment intentions for the first quarter were described as "fairly strong", with recruitment intentions maintaining a +12% balance and expected to rise to +14% in the next quarter.

Investment intentions increased from +10% last quarter to +15%.

"While manufacturers' own confidence remains robust, the overall prospects for the sector are weak for the foreseeable future," said Fhaheen Khan, senior economist at Make UK.

"While there are clearly external factors at play, the UK economy has a fundamental growth problem which a business as usual policy process simply will not address.

"The next government of whatever colour must address this fundamental problem as a matter of national urgency, beginning with a long-term industrial strategy which will really shift the dial on the UK's economic performance."

On the continent, official data confirmed a slight dip in eurozone inflation in February, with the rate settling at 2.6% compared to 2.8% in January.

The decrease was more pronounced from the previous year's 8.5%.

Across the broader European Union, annual inflation stood at 2.8% in February, down from 3.1% in January and significantly lower than the 9.9% recorded at the same time in 2023.

Notably, Latvia, Denmark, and Italy reported the lowest annual rates, while Romania, Croatia, and Estonia recorded the highest.

Meanwhile, the euro area trade surplus with the rest of the world was €11.4bn in January, a significant turnaround from the deficit of €32.6bn a year earlier.

Exports of goods increased by 1.3% compared to the previous year, while imports fell by 16.1%.

Finally on data, economic measures in China for the first two months of the year surpassed expectations, with retail sales rising by 5.5% and industrial production climbing 7%.

Fixed asset investment grew 4.2%.

However, the real estate sector continued to struggle, with investment in real estate declining by 9% in January-February compared to the same period a year earlier.

Reckitt rebounds from late-week fall, Centrica in the red

On London's equity markets, Reckitt Benckiser Group increased 4.24%, bouncing from a recent downturn caused by concerns regarding baby formula compensation, which had impacted its Mead Johnson subsidiary.

Electricals retailer Currys jumped 5.42% following positive updates on sales performance and lifted guidance.

Chemring Group saw a rise of 4.76% after receiving funding from the European Union to enhance its ammunition production capacity.

British Land rose 1.17% after announcing the sale of half its stake in London office 1 Triton Square and the formation of a joint venture to transform the building into a science and innovation hub.

Additionally, Beazley's shares rose by 2.97% after RBC Capital Markets raised its price target and maintained its position as the "top pick".

On the downside, Centrica fell 2% following a downgrade from RBC, while Haleon declined 2.26% after Pfizer announced plans to sell a significant portion of its shares in the company.

Phoenix Group retreated 4.5% amid speculations about a one-off provision in its upcoming annual results to cover certain costs.

Bytes Technology Group saw a decrease of 7.5% despite reporting a "record year", as the circumstances surrounding the resignation of its former CEO raised concerns among investors.

Marshalls faced a significant downturn of 8.53% after revising its profit and revenue outlook for 2024 and reporting a decline in full-year profits and revenue.

Hipgnosis Songs Fund saw a 6.13% decline due to a further valuation drop in its portfolio attributed to an accounting error by its investment adviser.

Reporting by Josh White for Sharecast.com.

Market Movers

FTSE 100 (UKX) 7,722.55 -0.06%

FTSE 250 (MCX) 19,486.53 -0.14%

techMARK (TASX) 4,459.64 -0.30%

FTSE 100 - Risers

Beazley (BEZ) 671.50p 2.97%

British American Tobacco (BATS) 2,399.00p 2.50%

Reckitt Benckiser Group (RKT) 4,575.00p 1.98%

Hikma Pharmaceuticals (HIK) 1,883.00p 1.95%

SSE (SSE) 1,609.00p 1.64%

RS Group (RS1) 735.80p 1.35%

Imperial Brands (IMB) 1,715.00p 1.33%

Unite Group (UTG) 957.50p 1.32%

Legal & General Group (LGEN) 247.10p 1.31%

Scottish Mortgage Inv Trust (SMT) 833.00p 1.07%

FTSE 100 - Fallers

Phoenix Group Holdings (PHNX) 481.70p -4.50%

Vodafone Group (VOD) 67.33p -3.61%

BT Group (BT.A) 104.65p -3.59%

United Utilities Group (UU.) 1,026.50p -3.02%

Severn Trent (SVT) 2,513.00p -2.41%

St James's Place (STJ) 415.30p -2.35%

Haleon (HLN) 315.00p -2.26%

Schroders (SDR) 382.10p -2.08%

Centrica (CNA) 129.95p -2.00%

Associated British Foods (ABF) 2,304.00p -1.62%

FTSE 250 - Risers

Currys (CURY) 59.55p 6.01%

PPHE Hotel Group Ltd (PPH) 1,415.00p 5.99%

Aston Martin Lagonda Global Holdings (AML) 167.40p 4.95%

Chemring Group (CHG) 365.00p 4.76%

Lancashire Holdings Limited (LRE) 640.50p 4.06%

Future (FUTR) 599.00p 3.81%

PureTech Health (PRTC) 204.00p 3.76%

Renishaw (RSW) 4,154.00p 3.64%

PZ Cussons (PZC) 89.20p 3.48%

Telecom Plus (TEP) 1,560.00p 2.93%

FTSE 250 - Fallers

Marshalls (MSLH) 265.80p -8.53%

Bytes Technology Group (BYIT) 524.50p -7.50%

FirstGroup (FGP) 175.60p -6.50%

Darktrace (DARK) 462.80p -4.12%

W.A.G Payment Solutions (WPS) 72.00p -4.00%

Apax Global Alpha Limited (APAX) 144.40p -3.86%

Mobico Group (MCG) 66.75p -3.82%

Pennon Group (PNN) 661.00p -3.71%

Hipgnosis Songs Fund Limited NPV (SONG) 60.10p -3.38%

Wizz Air Holdings (WIZZ) 2,059.00p -3.36%

More News
21 May 2024 10:00

IN BRIEF: Beazley confirms appointment of new CFO Barbara Jensen

Beazley PLC - London-based specialist insurance underwriter, managing six Lloyd's of London syndicates - Appoints new Group Chief Financial Officer Barbara Plucnar Jensen to its board with immediate effect. Jensen joined Beazley as CFO on May 1, having previously served as CFO of Danish insurance company Tryg AS which is the Nordic region's largest general insurance service provider. She replaces former CFO Sally Lake, who announced her resignation in August after five years in the role.

Read more
8 May 2024 09:39

LONDON BROKER RATINGS: UBS raises Centrica to 'buy' from 'neutral

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

Read more
3 May 2024 09:14

LONDON BROKER RATINGS: Jefferies cuts AJ Bell; Deutsche likes ConvaTec

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

Read more
30 Apr 2024 09:46

LONDON BROKER RATINGS: Deutsche says buy Barr, Britvic and Fevertree

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

Read more
29 Apr 2024 15:08

London close: Stocks manage to finish above the waterline

(Sharecast News) - London markets showed resilience on Monday, finishing in the green as investors looked to the start of the US Federal Reserve's policy meeting.

Read more
29 Apr 2024 09:06

Beazley maintains annual growth outlook after "solid start to year"

(Alliance News) - Beazley PLC on Monday hailed a "solid start to the year" and maintained its annual guidance for insurance premium growth in response.

Read more
29 Apr 2024 07:50

LONDON BRIEFING: Hipgnosis Songs Fund backs new Blackstone bid

(Alliance News) - London's FTSE 100 is called to open higher on Monday, with heady gains for US tech stocks on Friday brightening the mood in Europe and Asia at the start of the new week.

Read more
29 Apr 2024 07:08

Insurer Beazley keeps guidance after solid Q1 premiums growth

(Sharecast News) - Insurance group Beazley said that first-quarter results were in line with guidance with insurance written premiums (IWP) growing at high single digits.

Read more
26 Apr 2024 13:36

UK dividends calendar - next 7 days

Monday 29 April 
NatWest Group PLCdividend payment date
New Star Investment Trust PLCdividend payment date
Quartix Technologies PLCdividend payment date
Tuesday 30 April 
Abrdn Private Equity Opportunities Trustdividend payment date
Amedeo Air Four Plus Ltddividend payment date
Balanced Commercial Property Trust Ltddividend payment date
BioPharma Credit PLCdividend payment date
CT Private Equity Trust PLCdividend payment date
Doric Nimrod Air Three Ltddividend payment date
Doric Nimrod Air Two Ltddividend payment date
European Assets Trust PLCdividend payment date
Kings Arms Yard VCT PLCdividend payment date
Lowland Investment Cos PLCdividend payment date
Middlefield Canadian Income PCCdividend payment date
Shires Income PLCdividend payment date
US Solar Fund PLCdividend payment date
Wynnstay Group PLCdividend payment date
Wednesday 1 May 
Dalata Hotel Group PLCdividend payment date
NWF Group PLCdividend payment date
Thursday 2 May 
4imprint Group PLCex-dividend payment date
AB Dynamics PLCex-dividend payment date
Albion Development VCT PLCex-dividend payment date
Alfa Financial Software Holdings PLCex-dividend payment date
Ashtead Technology Holdings PLCex-dividend payment date
Atrato Onsite Energy PLCex-dividend payment date
Blackstone Loan Financing Ltdex-dividend payment date
British American Tobacco PLCdividend payment date
Carr's Group PLCex-dividend payment date
CLS Holdings PLCdividend payment date
Coats Group PLCex-dividend payment date
CQS New City High Yield Fund Ltdex-dividend payment date
Dunedin Income Growth Investment Trust PLCex-dividend payment date
Edinburgh Investment Trust PLCex-dividend payment date
Elementis PLCex-dividend payment date
FBD Holdings PLCex-dividend payment date
Genuit Group PLCex-dividend payment date
Glencore PLCex-dividend payment date
Global Opportunities Trust PLCex-dividend payment date
Henry Boot PLCex-dividend payment date
Hiscox Ltdex-dividend payment date
Inchcape PLCex-dividend payment date
IWG PLCex-dividend payment date
J Smart & Co (Contractors) PLC ex-dividend payment date
M&G Credit Income Investment Trust PLCex-dividend payment date
Mobeus Income & Growth VCT PLCex-dividend payment date
Nichols PLCdividend payment date
Octopus Apollo VCT PLCdividend payment date
Porvair PLCex-dividend payment date
Relx PLCex-dividend payment date
Robert Walters PLCex-dividend payment date
Schroders PLCdividend payment date
Seneca Growth Capital VCT PLC B ex-dividend payment date
Senior PLCex-dividend payment date
Zotefoams PLCex-dividend payment date
Friday 3 May 
Anglo American PLCdividend payment date
Beazley PLCdividend payment date
BP Marsh & Partners PLCdividend payment date
CT UK High Income Trust PLCdividend payment date
CT UK High Income Trust PLC - Class Bdividend payment date
European Smaller Cos Trust PLCdividend payment date
Glanbia PLCdividend payment date
Hikma Pharmaceuticals PLCdividend payment date
i3 Energy PLCdividend payment date
Marble Point Loan Financing Ltddividend payment date
Maven Income & Growth VCT 3 PLCdividend payment date
Maven Income & Growth VCT 5 PLCdividend payment date
North American Income Trust PLCdividend payment date
Pearson PLCdividend payment date
Segro PLCdividend payment date
Synectics PLCdividend payment date
TwentyFour Income Fund Ltddividend payment date
TwentyFour Select Monthly Income Fund Ltddividend payment date
Comments and questions to newsroom@alliancenews.com
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
22 Apr 2024 14:45

UK earnings, trading statements calendar - next 7 days

Tuesday 23 April 
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Quilter PLCQ1 Results
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
Thursday 25 April 
Aquila European Renewables PLCFull Year Results
Argo Blockchain PLCFull Year Results
AstraZeneca PLCQ1 Results
Barclays PLCQ1 Results
Checkit PLCFull Year Results
Coca-Cola Europacific Partners PLCTrading Statement
Destiny Pharma PLCFull Year Results
Dillistone Group PLCFull Year Results
Focusrite PLCHalf Year Results
Gem Diamonds LtdTrading Statement
Hikma Pharmaceuticals PLCTrading Statement
Hummingbird Resources PLCTrading Statement
Ibstock PLCTrading Statement
Inchcape PLCTrading Statement
J Sainsbury PLCFull Year Results
London Stock Exchange Group PLCQ1 Results
Persimmon PLCTrading Statement
Pinewood Technologies Group PLCFull Year Results
PPHE Hotel Group LtdTrading Statement
PureTech Health PLCFull Year Results
Relx PLCTrading Statement
Renewi PLCTrading Statement
Schroders PLCQ1 Results
Skillcast Group PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
Unilever PLCQ1 Results
WAG Payment Solutions PLCTrading Statement
Weir Group PLCTrading Statement
WH Smith PLCHalf Year Results
WPP PLCTrading Statement
Zinc Media Group PLCFull Year Results
Friday 26 April 
Facilities by ADF PLCFull Year Results
Kingspan Group PLCTrading Statement
NatWest Group PLC Q1 Results
Pearson PLCTrading Statement
Record PLCTrading Statement
Smurfit Kappa Group PLCTrading Statement
Taylor Maritime Investments LtdTrading Statement
Monday 29 April 
Beazley PLCTrading Statement
Biome Technologies PLCFull Year Results
Christie Group PLCFull Year Results
Gresham Technologies PLCFull Year Results
Jadestone Energy PLCFull Year Results
Oxford BioMedica PLCFull Year Results
SpaceandPeople PLCFull 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.

Read more
18 Apr 2024 14:12

UK shareholder meetings calendar - next 7 days

Friday 19 April 
Murray International Trust PLCAGM
Quantum Exponential Group PLCGM re delisting or potential investment in company
Monday 22 April 
Renalytix PLCGM
Travis Perkins PLCAGM
Tuesday 23 April 
NatWest Group PLCAGM
Taylor Wimpey PLCAGM
Wednesday 24 April 
abrdn PLCAGM
abrdn Equity Income Trust PLCAGM
Breedon Group PLCAGM
British American Tobacco PLCAGM
Coro Energy PLCAGM
Croda International PLCAGM
Greencoat UK Wind PLCAGM
Primary Health Properties PLCAGM
Serco Group PLCAGM
Synectics PLCAGM
Thursday 25 April 
Admiral Group PLCAGM
Beazley PLCAGM
Dalata Hotel Group PLCAGM
Develop North PLCAGM
Drax Group PLCAGM
Everest Global PLCAGM
Greencoat Renewables PLCAGM
Hammerson PLCAGM
Helios Towers PLCAGM
Hikma Pharmaceuticals PLCAGM
International Biotechnology Trust PLCAGM
London Stock Exchange Group PLCAGM
Manx Financial Group PLCAGM
Mattioli Woods PLCGM re Pollen Street Capital Ltd takeover
Persimmon PLCAGM
Premier Miton Global Renewables Trust PLCAGM
Schroders PLCAGM
Smithson Investment Trust PLCAGM
Tissue Regenix Group PLCAGM
Weir Group PLCAGM
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.

Read more
11 Apr 2024 13:28

IN BRIEF: Beazley promotes former Hiscox executive to senior director

Beazley PLC - London-based specialist insurance underwriting, including managing six Lloyd's of London syndicates - Promotes Pierre-Olivier Desaulle to senior independent director, succeeding Christine LaSala when she steps down from the board following the company's annual general meeting on April 25. Desaulle has been on the Beazley board since January 2021. He is the former chief executive officer of Hiscox Europe, part of fellow insurer Hiscox Ltd.

Read more
8 Apr 2024 09:13

LONDON BROKER RATINGS: Wizz Air raised; HSBC cuts Rentokil to 'hold'

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

Read more
21 Mar 2024 16:33

London close: Stocks rise as BoE keeps rates on hold

(Sharecast News) - London markets closed higher on Thursday, sustaining gains after the Bank of England adhered to expectations by maintaining interest rates at a 16-year high.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.