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Pin to quick picksCastelnau Group Share News (CGL)

Share Price Information for Castelnau Group (CGL)

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Share Price: 78.50
Bid: 77.00
Ask: 80.00
Change: 0.00 (0.00%)
Spread: 3.00 (3.896%)
Open: 78.50
High: 78.50
Low: 78.50
Prev. Close: 78.50
CGL Live PriceLast checked at -

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London midday: UK stocks retreat on rate-hike uncertainty

Wed, 20th Aug 2014 12:00

- MPC split on rate decision for first time since 2011- FOMC minutes due out after the close- Ex-dividend stocks, Balfour Beatty weigh on market- Beverage shares hit by Carlsberg resultstechMARK 2,798.96 -0.07%FTSE 100 6,752.88 -0.39%FTSE 250 15,794.83 -0.63%UK equities retreated from a three-week high on Wednesday as investors took profits after five straight days of gains, with ex-dividend stocks providing a drag on the market.News that the Bank of England's Monetary Policy Committee (MPC) saw a split vote on interest rates for the first time in three years has also prompted an element of caution on the markets as rate-hike fears resurfaced.Meanwhile, the abrupt end to a ceasefire between Hamas and Israel as well as the reported killing of an American photojournalist by Islamic State militants dampened sentiment amongst traders, as geopolitical tensions once again sapped risk appetite.The FTSE 100 was trading down 0.4% at 6,753 by midday after having settled at 6,779.31 the previous session, its highest close since 29 July.Central bank minutes in focusWith economic data thin on the ground, the focus of Wednesday's trading session was on central banks in the UK and US.Minutes from the MPC meeting surprised economists by showing that two out of the nine members on the committee voted in favour of a rate hike - the first time this has happened since July 2011. The MPC agreed that the degree of spare capacity in the economy has narrowed though individual members continued to hold a wide range of views.Capital Economics senior UK economist Samuel Tombs said following the minutes that "it would be foolish to rule out the possibility of a 2014 rate hike". Meanwhile, Barclays Research analysts said they continue to foresee a rate hike in the fourth quarter of this year despite data showing a larger-than-expected dip in inflation in July.Minutes from last month's Federal Open Market Committee (FOMC) meeting in the States will be released at 19:00 and could also spark some volatility on financial markets worldwide. The FOMC delivered a relatively hawkish message about inflation at its latest meeting, lifting its medium-term forecasts for price rises. Investors may also be on the lookout for comments about the Fed's exit strategy from its quantitative easing programme which is on course to finish in October.Ex-div stocks fall, Balfour slumpsA number of blue chips were weighing on the market on Wednesday morning after going ex-dividend, including British American Tobacco, Hammerson, InterContinental Hotels Group, Mondi, Prudential, Rexam and Carnival. Stocks on the FTSE 250 trading without access to their latest dividend payouts included Brit, Catlin, Fidessa and Taylor Wimpey.Infrastructure firm Balfour Beatty saw shares sink sharply after the company rejected an improved merger offer from construction group Carillion and decided not to extend the 'put up or shut up' deadline that expires on Thursday. Analysts at Liberum said there is "little (if anything) Carillion can do ahead of [the] deadline" and that the group will have to wait until November to make another approach under UK takeover rules.Beverage companies Diageo, SABMiller and Stock Spirits were all trading in the red on negative readacross from Carlsberg after the Danish brewer said that sales have been hit by falling demand in Russia and Ukraine because of geopolitical tensions.Mining and trading giant Glencore was flat despite reporting an 11% increase in its interim dividend and unveiling a $1bn share buyback after profits rose in the first half of 2014.Meanwhile, a reduction in risk appetite was benefiting stocks in the defensive sectors such as utilities, with National Grid, SSE, Centrica and United Utilities among the best performers.Housebuilders such as Persimmon, Barratt Developments and Berkeley Group were pulling back after a decent performance on Tuesday, with renewed worries about a rate hike - and its potential impact on the UK housing market - hit share prices.FTSE 100 - RisersRoyal Mail (RMG) 451.20p +2.83%Hargreaves Lansdown (HL.) 1,122.00p +1.35%Kingfisher (KGF) 313.30p +0.87%SSE (SSE) 1,518.00p +0.86%Sage Group (SGE) 400.50p +0.86%Coca-Cola HBC AG (CDI) (CCH) 1,364.00p +0.81%Centrica (CNA) 317.00p +0.67%AstraZeneca (AZN) 4,266.50p +0.66%Standard Chartered (STAN) 1,223.00p +0.45%National Grid (NG.) 885.50p +0.45%FTSE 100 - FallersMondi (MNDI) 1,001.00p -2.15%CRH (CRH) 1,398.00p -2.10%British American Tobacco (BATS) 3,508.50p -2.04%Hammerson (HMSO) 603.00p -1.87%Barratt Developments (BDEV) 362.00p -1.79%3i Group (III) 385.10p -1.76%Royal Dutch Shell 'B' (RDSB) 2,507.00p -1.53%Old Mutual (OML) 193.90p -1.37%Royal Dutch Shell 'A' (RDSA) 2,403.50p -1.27%Persimmon (PSN) 1,333.00p -1.26%FTSE 250 - RisersFirstGroup (FGP) 126.10p +5.61%Keller Group (KLR) 889.50p +2.48%CSR (CSR) 582.00p +2.37%Diploma (DPLM) 667.50p +1.75%PayPoint (PAY) 1,093.00p +1.67%Imagination Technologies Group (IMG) 201.80p +1.66%Rightmove (RMV) 2,495.00p +1.55%Genus (GNS) 1,144.00p +1.24%Go-Ahead Group (GOG) 2,233.00p +1.22%Debenhams (DEB) 65.25p +1.16%FTSE 250 - FallersBalfour Beatty (BBY) 239.20p -6.56%Berkeley Group Holdings (The) (BKG) 2,433.00p -5.81%COLT Group SA (COLT) 141.00p -3.75%Domino's Pizza Group (DOM) 579.50p -3.17%Brit (BRIT) 252.40p -2.92%Soco International (SIA) 432.90p -2.87%Taylor Wimpey (TW.) 115.30p -2.86%Just Eat (JE.) 244.50p -2.86%Carillion (CLLN) 327.10p -2.85%Hikma Pharmaceuticals (HIK) 1,753.00p -2.83%BC
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EARNINGS AND TRADING: Nostrum swings to profit, Albion grows value

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

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29 Jan 2024 17:36

Silverwood reports trading in-line; converts loan into equity

(Alliance News) - Silverwood Brands PLC on Monday reported in-line trading as it unveiled an influx of fresh funds and the conversion of an existing loan into equity.

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14 Sep 2023 12:15

Castelnau asset value falls but says outlook still "very promising"

(Alliance News) - Castelnau Group Ltd on Thursday said its net asset value decreased during its latest half year although its pretax loss narrowed, but said it is "still early days" and is confident in its outlook.

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6 Sep 2023 15:46

UK shareholder meetings calendar - next 7 days

Thursday 7 September 
Alpha Real Trust LtdAGM
Baillie Gifford UK Growth Trust PLCAGM
Chariot LtdAGM
Chaarat Gold Holdings LtdGM re sale of Chaarat Kapan
Currys PLCAGM
De La Rue PLCAGM
ECO Animal Health Group PLCAGM
Jet2 PLCAGM
LXI REIT PLCAGM
Monks Investment Trust PLCAGM
Montanaro European Smaller Cos Trust PLCAGM
Mulberry Group PLCAGM
PayPoint PLCAGM
Picton Property Income LtdAGM
Polar Capital Technology Trust PLCAGM
Powerhouse Energy Group PLCAGM
Semper Fortis Esports PLCAGM
Sivota PLCGM re directors' remuneration policy
Speedy Hire PLCAGM
Wise PLCAGM
XPS Pensions Group PLCAGM
Friday 8 September 
Berkeley Group Holdings PLCAGM
Byotrol PLCAGM
Gear4Music PLCAGM
JLEN Environmental Assets Group LtdAGM
Kenmare Resources PLCEGM re proposed tender offer
Mid Wynd International Investment Trust PLCAGM
SVM UK Emerging Fund PLCAGM
Monday 11 September 
SDCL Energy Efficiency Income Trust PLCAGM
Tuesday 12 September 
DWF Group PLCGM re cash acquisition by Aquila Bidco Ltd
Northern Bear PLCAGM
RC365 Holding PLCAGM
Rockwood Strategic PLCAGM
Sure Ventures PLCAGM
Warehouse REIT PLCAGM
Wednesday 13 September 
BH Macro LtdAGM
Castelnau Group LtdAGM
Creightons PLCAGM
Eckoh PLCAGM
Glantus Holdings PLCEGM re takeover by Basware
Hornby PLCAGM
Marlowe PLCAGM
Worsley Investors LtdAGM
  
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10 Jul 2023 09:28

Castelnau assists its brand Hornby in Warlord minority stake deal

(Alliance News) - Castelnau Group Ltd on Monday said it assisted Hornby PLC, which is part of its portfolio, in its 25% stake acquisition in Warlord Games Ltd.

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19 Apr 2023 17:39

TRADING UPDATES: Deepverge reviews funding, proposes Microsaic deal

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

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14 Apr 2023 19:42

TRADING UPDATES: Anexo announces proceedings issued against Mercedes

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4 Apr 2023 21:12

IN BRIEF: Castelnau underperforms benchmark as NAV per share drops

Castelnau Group Ltd - Guernsey-based closed-ended investment company - Reports a net asset value per share of 75.02 pence at December 31, down from 93.55p at the same time a year prior. Total NAV return for 2022 was negative 20% compared to a positive 0.3% return for its benchmark index, the FTSE All Share Total Return Index. Pretax loss in the year totals GBP34.1 million, widening from GBP12 million the year prior. Says that while the short-term performance is "disappointing", the outlook for the future is "very promising." Declares no dividend.

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10 Mar 2023 12:31

Castelnau says Ocula Technologies receives new Lloyds investment

(Alliance News) - Castelnau Group Ltd on Monday said Ocula Technologies Holdings Ltd has received new investment from Lloyds Banking Group PLC and their financial technology investment team.

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23 Jan 2023 17:05

UK stocks rise on boost from consumer firms, miners

Dignity jumps on sweetened buyout

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23 Jan 2023 09:26

UK funeral service provider Dignity agrees to $349 mln takeover

Shares of FTSE Small Cap firm hit over 9-month high

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23 Jan 2023 08:59

TOP NEWS: Dignity agrees to takeover offer as revenue, earnings fall

(Alliance news) - Funeral services profit Dignity PLC on Monday said its board has accepted a takeover offer from a consortium of existing shareholders, while also revealing a decline in revenue and operating profit last year.

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4 Nov 2022 11:23

IN BRIEF: Castelnau invests in data sciences business Ocula

Castelnau Group Ltd - closed-ended investment firm - Invests an additional GBP700,000 in Ocula Technologies Holdings Ltd, in which it owns a majority stake. Ocula is a London-based data sciences business. Castelnau says the additional funding is part of a "proposed additional funding round which it is hoped will see new, third-party investors become part owners of Ocula alongside Castelnau and Ocula's founders and employees".

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14 Oct 2022 07:33

IN BRIEF: Castelnau invests in equity and loan of Silverwood Brands

Castelnau Group Ltd - closed-ended investment firm - Invests GBP1.6 million in equity and an unsecured loan of GBP4.4 million in Silverwood Brands PLC. Says it is the first significant investment in a new entity since Castelnau was listed on the London Stock Exchange in October last year. Silverwood is a London-based investing company targeting food, organic food, wellness, lifestyle and leisure sectors.

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7 Sep 2022 14:38

IN BRIEF: Castelnau posts maiden interim loss of GBP30 million

Castelnau Group Ltd - closed-ended investment firm - Reports loss for its first complete half-year since its initial public offering on the London Stock Exchange in October 2021.

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