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Pin to quick picksBeazley Share News (BEZ)

Share Price Information for Beazley (BEZ)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 840.50
Bid: 840.50
Ask: 841.50
Change: 3.50 (0.42%)
Spread: 1.00 (0.119%)
Open: 834.00
High: 841.50
Low: 833.00
Prev. Close: 837.00
BEZ Live PriceLast checked at -

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London's FTSE 100 hits over two-month low amid election jitters

Tue, 02nd Jul 2024 17:23

FTSE 100 down 0.6%, FTSE 250 off 0.1%

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Sainsbury falls after maintaining annual financial guidance

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Energy shares gain on higher oil prices

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British election in focus

July 2 (Reuters) - London's benchmark stock index closed at more than a two-month low on Tuesday as investors were cautious ahead of parliamentary elections, although an uptick in oil prices helped offset the declines.

The blue-chip FTSE 100 fell 0.6% at 8,121.2, while the mid-cap FTSE 250 was off 0.1%. The pound gained 0.2% against the dollar and was last at $1.2676.

Markets were clouded with caution as polls suggested the Conservatives looked set to be replaced after 14 years in voting on July 4.

"Financial markets don't like uncertainty... there is still an uncertainty as to Labour getting an absolute majority or not and therefore, investors have just taken money off the table," said Axel Rudolph, senior market analyst at IG Group.

Among sectors, nonlife insurers fell the most, dropping 2.5%, as Hurricane Beryl intensifies.

Insurer Beazley was the biggest casualty on the FTSE 100, losing 5.2%, and leading declines for the nonlife insurers.

Oil giant BP gained 1.3% after oil prices held near two-month highs on expectations of rising fuel demand for the summer travel season and possible U.S. interest rate cuts.

GSK slipped 1.5% after a Delaware judge rebuffed a request by the drugmaker and others to appeal a ruling allowing over 70,000 lawsuits to go forward claiming the heartburn drug Zantac caused cancer.

Sainsbury's, Britain's second largest supermarket group, fell 2.9% after it kept its annual financial guidance as it reported a 3% rise in first-quarter underlying sales.

Across the Atlantic, Federal Reserve Chair Jerome Powell said the U.S. central bank still needs more data before cutting interest rates to ensure that recent weaker inflation readings give a true picture.

U.S. job openings

increased in May after posting outsized declines in the prior two months, data showed.

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LONDON BRIEFING: Direct Line sells brokered commercial lines unit

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Beazley post record H1 profit, but combined ratio jumps

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31 Aug 2023 15:52

UK earnings, trading statements calendar - next 7 days

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30 Aug 2023 09:55

LONDON BROKER RATINGS: Barclays edges up Beazley price target

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

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30 Aug 2023 07:49

LONDON BRIEFING: Direct Line appoints CEO; Prudential swings to profit

(Alliance News) - Stocks in London are called up on Wednesday, in hopes markets will extend Tuesday's rally.

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

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LONDON MARKET CLOSE: Stocks slide on rate hike fears after UK GDP data

(Alliance News) - Stocks in London closed in the red on Friday, as markets worried that better-than-expected economic growth in the UK during the second-quarter of the year may prompt the Bank of England to keep interest rates higher for longer.

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TOP NEWS: Beazley CFO to resign next year; starts search for successor

(Alliance News) - Beazley on Thursday announced Chief Financial Officer Sally Lake will step down in 2024 after five years in the role and 18 years at the company.

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Beazley CFO announces exit

(Sharecast News) - Beazley announced on Thursday that its chief financial officer Sally Lake is to leave the company next year, just two weeks after the company delivered an impressive set of results for the first half.

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