Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksClarkson Share News (CKN)

Share Price Information for Clarkson (CKN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3,925.00
Bid: 3,945.00
Ask: 3,955.00
Change: -35.00 (-0.88%)
Spread: 10.00 (0.253%)
Open: 3,950.00
High: 3,975.00
Low: 3,925.00
Prev. Close: 3,960.00
CKN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

LONDON MARKET CLOSE: Airlines lift off as Omicron fears ease

Mon, 06th Dec 2021 16:58

(Alliance News) - Stocks in London kicked off the new week on the front foot on the hope that the Omicron variant may not be a severe as once thought, and governments around the globe may be able to avoid further restrictions and a return to lockdowns.

"It's been a positive start to the week for the FTSE 100, and European markets more generally as concerns over the Omicron variant continue to diminish on further evidence of mild symptoms and so far, no deaths reported because of getting the virus," Chief Market Analyst at CMC Markets Michael Hewson said.

The FTSE 100 index closed up 109.96 points, or 1.5%, at 7,232.28 on Monday. The mid-cap FTSE 250 index closed up 235.25 points, or 1.0%, at 22,881.33. The AIM All-Share index ended down 2.27 points, or 0.2%, at 1,180.03.

ThinkMarkets analyst Fawad Razaqzada said: "Most of the attention remains on Omicron. While cases of the new Covid variant have been rising across the world, question marks remain as to whether the current vaccines are effective and exactly how transmissible Omicron really is. Until there's more clarity, expect to see more chop and churn in the markets. In South Africa, cases of younger people with more serious symptoms being admitted to hospital have been rising, but most are unvaccinated or have only had one dose.

"This suggests that getting two does - and a booster - might still prove affective against Omicron. If that's proven to be the case by experts, then we may not see significant further restrictions and lockdowns that could send the global economy into another recession. Further lockdowns are the last thing anyone wants right now, and government will do their best to avoid such measures as much as possible."

The Cboe UK 100 index closed up 1.8% at 718.17. The Cboe 250 finished up 1.3% at 20,367.98, and the Cboe Small Companies closed up 0.9% at 14,914.82.

"The biggest beneficiaries are in travel and leisure with British Airways owner IAG shrugging off the tighter rules around testing and quarantine, on reports that the EU could consider easing Omicron travel restrictions to South Africa in the next week or so."

IAG gained 8.1%, easyJet added 5.3%, Ryanair 4.4%, Wizz Air 4.3%, while cruise operator Carnival added 6.6% and travel agent Tui rose 4.2%.

Midcap hospitality stocks Mitchell & Butlers, Restaurant Group and JD Wetherspoon also had a strong session on Monday - adding 6.6%, 8.4% and 6.4%, respectively.

In mainland Europe, the CAC 40 stock index in Paris gained 1.5%, while the DAX 40 in Frankfurt was up 1.4%.

Heading in the opposite direction, Ocado propped up the FTSE 100, losing 2.7%, while online delivery platforms Deliveroo and Just Eat Takeaway gave back 3.1% and 4.9%.

CMC's Hewson said: "The likes of Deliveroo, and Just Eat are also getting a hammering, with the shares of both slipping to record lows over concerns that the EU Commission will propose stricter rules to regulate the gig economy later this week, which could mean much higher costs in the longer term. While this is certainly a valid concern it's also been a well-trailed expectation for several weeks now, which might suggest that the current sell-off might be a little overdone."

BT Group advanced 2.0% after Discovery Communications offered to create a joint venture for BT's UK sports broadcasting, potentially disrupting a GBP600 million sale of BT Sport to DAZN, the Telegraph newspaper reported on Saturday citing "City sources".

The Financial Times on Sunday said "multiple people familiar with the talks" confirmed the Telegraph story.

London Stock Exchange Group gained 1.1% after it agreed to acquire portfolio, margin and capital optimisation services provider Quantile Group. LSEG will pay up to GBP274 million for London-based Quantile. The deal will enable the stock exchange to expand its range of post-trade risk management solutions, it said.

In the FTSE 250, Clarkson added 4.9%. The shipping services provider guided that results for 2021 will be ahead of current market expectations.

Clarkson said underlying pretax profit is now expected to be "not less than" GBP65 million. It posted underlying pretax profit of GBP44.7 million in 2020.

Victrex rose 4.1% after the speciality chemicals company said it delivered a solid and sustainable recovery during financial 2021, prompting it to declare a special dividend.

For the financial year ended September 30, Victrex posted revenue of GBP306.3 million, up 15% from GBP266.0 million last year and pretax profit of GBP92.5 million, up 46% from GBP63.5 million.

Victrex declared a full year dividend to 59.56 pence, up 29% from 46.14p paid last year. In addition, as a result of its available cash balance exceeding the GBP85 million threshold, Victrex also proposed a 50p share special dividend.

The North Sea benchmark was quoted at USD71.92 a barrel Monday evening, up from USD71.43 late Friday. As a result, London's oil majors BP advanced % and Shell 'A' and 'B' gained % and %.

Stocks in New York were following European counterparts higher at the London equities close. The DJIA was up 1.8%, the S&P 500 index up 1.0% and the Nasdaq Composite up 0.2%.

The pound was quoted at USD1.3253 at the London equities close on Monday, up from USD1.3223 on Friday evening.

The euro was priced at USD1.1278 on Monday evening, lower from USD1.1291 late Friday. Against the Japanese yen, the dollar was trading at JPY113.46, up from JPY113.06 on Friday.

Gold stood at USD1,780.00 an ounce, up from USD1,775.82 late Friday.

In the international economic calendar on Tuesday, there is Chinese trade balance figures and a Reserve Bank of Australia rate decision overnight, followed by eurozone unemployment and GDP, UK Halifax house prices, German industrial production and US goods trade.

The local corporate calendar has a trading statement from British American Tobacco, first quarter results from Ferguson and Renalytix and full-year results from Premier Miton and GB Group.

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
9 May 2024 21:59

TRADING UPDATES: Light Science inks South Africa distribution deal

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

Read more
9 May 2024 13:33

Clarkson in "positive start" to 2024 but notes Suez Canal disruption

(Alliance News) - Clarkson PLC on Thursday said it has made a strong start to the year, despite the conflict in the Middle East harming its shipping customers.

Read more
9 May 2024 12:20

Clarksons still upbeat despite tough conditions for investment banking

(Sharecast News) - Clarksons, which provides services and investment banking to the shipping industry and offshore markets, has said it made a positive start to the year and that full-year expectations remain unchanged despite "challenging" conditions in the financial division.

Read more
7 May 2024 09:51

LONDON BROKER RATINGS: AstraZeneca target raised; Antofagasta lowered

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

Read more
2 May 2024 13:49

UK dividends calendar - next 7 days

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
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Begbies Traynor Group PLCdividend payment date
Ferguson PLCdividend payment date
Manchester & London Investment Trust PLCdividend payment date
Mobius Investment Trust PLCdividend payment date
Nexus Infrastructure PLCdividend payment date
Pebble Group PLCdividend payment date
Pinewood Technologies Group PLCspecial dividend payment date
Thungela Resources Ltddividend payment date
Volution Group PLCdividend payment date
Wednesday 8 May 
Melrose Industries PLCdividend payment date
Personal Group Holdings PLCdividend payment date
Thursday 9 May 
Admiral Group PLCex-dividend payment date
AG Barr PLCex-dividend payment date
Aurora Investment Trust PLCex-dividend payment date
Balanced Commercial Property Trust Ltdex-dividend payment date
Bank of Ireland Group PLCex-dividend payment date
Bellevue Healthcare Trust PLCex-dividend payment date
Braime Group PLCex-dividend payment date
Centaur Media PLCex-dividend payment date
Chenavari Toro Income Fund Ltdex-dividend payment date
Clarkson PLCex-dividend payment date
Coca-Cola Europacific Partners PLCex-dividend payment date
Custodian Property Income REIT PLCex-dividend payment date
CVC Income & Growth Ltd EUROex-dividend payment date
CVC Income & Growth Ltd GBPex-dividend payment date
Domino's Pizza Group PLCdividend payment date
Epwin Group PLCex-dividend payment date
F&C Investment Trust PLCdividend payment date
Fidelity Special Values PLCex-dividend payment date
Focusrite PLCex-dividend payment date
Grafton Group PLCdividend payment date
Gresham Technologies PLCex-dividend payment date
Headlam Group PLCex-dividend payment date
Henderson International Income Trust PLCex-dividend payment date
HSBC Holdings PLCex-dividend payment date
Ibstock PLCex-dividend payment date
Invesco Perpetual UK Smaller Cos Investment Trust PLCex-dividend payment date
JPMorgan Global Core Real Assets Ltdex-dividend payment date
Lancashire Holdings Ltdex-dividend payment date
LSL Property Services PLCex-dividend payment date
M&C Saatchi PLCex-dividend payment date
M&G PLCdividend payment date
Macfarlane Group PLCex-dividend payment date
Marwyn Value Investors Ltdex-dividend payment date
Midwich Group PLCex-dividend payment date
Montanaro UK Smaller Cos Investments Trust PLCdividend payment date
Octopus Titan VCT PLCex-dividend payment date
One Media iP Group PLCex-dividend payment date
Petershill Partners PLCex-dividend payment date
Picton Property Income Ltdex-dividend payment date
PRS REIT PLCex-dividend payment date
Reach PLCex-dividend payment date
Sherborne Investors Guernsey C Ltdex-dividend payment date
Sthree PLCex-dividend payment date
Sylvania Platinum Ltdex-dividend payment date
Taylor Maritime Investments Ltdex-dividend payment date
Tracsis PLCex-dividend payment date
Travis Perkins PLCdividend payment date
UIL Ltdex-dividend 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
2 May 2024 13:48

UK shareholder meetings calendar - next 7 days

Friday 3 May 
Ashoka India Equity Investment Trust PLCGM re share issue
HSBC Holdings PLCAGM
Intercontinental Hotels Group PLCAGM
Mondi PLCAGM
More Acquisitions PLCAGM
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Caledonia Mining Corp PLCAGM
CPPGroup PLCAGM
Just Group PLCAGM
Macfarlane Group PLC AGM
Plus500 LtdAGM
Supernova Digital Assets PLCAGM
Wednesday 8 May 
Airea PLCAGM
Antofagasta PLCAGM
Aston Martin Lagonda Global Holdings PLCAGM
Deltex Medical Group PLCAGM
Direct Line Insurance Group PLCAGM
Fidelity European Trust PLCAGM
Haleon PLCAGM
Jardine Matheson PLCAGM
JZ Capital Partners LtdEGM re investing in a secondary fund
Oscillate PLCAGM
Pershing Square Holdings LtdAGM
Rentokil Initial PLCAGM
WPP PLCAGM
Thursday 9 May 
Ascential PLCAGM
BAE Systems PLCAGM
Balfour Beatty PLCAGM
Barclays PLCAGM
CAB Payments Holdings PLCAGM
Catenai PLCGM re convertible loan note
Clarkson PLCAGM
FBD Holdings PLCAGM
Genel Energy plcAGM
Gym Group PLCAGM
Harbour Energy PLCAGM
Hiscox LtdAGM
IMI PLCAGM
Inchcape PLCAGM
Indivior PLCAGM
John Wood Group PLCAGM
Jupiter Fund Management PLCAGM
Logistics Development Group PLCAGM
Man Group PLCAGM
Morgan Advanced Materials PLCAGM
OSB Group PLCAGM
Public Policy Holding Co IncAGM
Rathbones Group PLCAGM
RM PLCAGM
Spire Healthcare Group PLCAGM
Synthomer PLCAGM
Uniphar 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
5 Mar 2024 16:13

Canaccord Genuity raises target price on Clarkson

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on shipping services firm Clarkson from 4,325.0p to 4,500.0p on Tuesday after the group delivered a 23% incremental pre-tax profit margin in FY23, lower tax, and a dividend per share of 102.0p with still sizeable net free cash balances at end of the trading year.

Read more
5 Mar 2024 08:57

LONDON BROKER RATINGS: Barclays cuts Bank of Ireland to 'equal weight'

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

Read more
4 Mar 2024 16:53

LONDON MARKET CLOSE: Uninspiring trade before UK budget, ECB, US jobs

(Alliance News) - Stock prices in London closed lower on Monday, ahead of a key week of economic data, and monetary and fiscal policy announcements.

Read more
4 Mar 2024 15:29

London close: Stocks languish ahead of Wednesday's Budget

(Sharecast News) - London's stock markets finished in the red on Monday, reflecting investor apprehension ahead of the impending Spring Budget.

Read more
4 Mar 2024 10:04

TOP NEWS: Clarkson boasts "record" profit and further dividend growth

(Alliance News) - Clarkson PLC on Monday announced increased profit and revenue in "another record year", and expressed optimism about its short, medium and long-term prospects.

Read more
4 Mar 2024 08:50

Clarksons posts record full-year profits

(Sharecast News) - Shipping broker Clarksons posted record full-year profits on Monday.

Read more
4 Mar 2024 07:41

LONDON BRIEFING: Stocks called down; attention on UK's spring budget

(Alliance News) - Stocks in London are called to open lower, ahead of a busy week of economic news.

Read more
26 Feb 2024 15:46

UK earnings, trading statements calendar - next 7 days

Tuesday 27 February 
abrdn Equity Income Trust PLCFull Year Results
abrdn PLCFull Year Results
Croda International PLCFull Year Results
Kitwave Group PLCFull Year Results
McBride PLCHalf Year Results
PCI-PAL PLCHalf Year Results
Smith & Nephew PLCFull Year Results
Synectics PLCFull Year Results
Uniphar PLCFull Year Results
Unite Group PLCFull Year Results
Wednesday 28 February 
AB Dynamics PLCTrading Statement
ASA International Group PLCTrading Statement
Aston Martin Lagonda Global Holdings PLCFull Year Results
Avingtrans PLCHalf Year Results
Bluefield Solar Income Fund LtdHalf Year Results
Derwent London PLCFull Year Results
Glenveagh Properties PLCFull Year Results
Grit Real Estate Income Group LtdHalf Year Results
Harmony Energy Income Trust PLCFull Year Results
Hutchmed China LtdFull Year Results
International Personal Finance PLCFull Year Results
Just Eat Takeaway.com NVFull Year Results
Malin Corp PLCFull Year Results
Primary Health Properties PLCFull Year Results
Reckitt Benckiser Group PLCFull Year Results
Renewables Infrastructure Group LtdFull Year Results
RHI Magnesita NVFull Year Results
St James's Place PLCFull Year Results
Taylor Wimpey PLCFull Year Results
Thursday 29 February 
Cairn Homes PLCFull Year Results
CVS Group PLCFull Year Results
Drax Group PLCFull Year Results
Faron Pharmaceuticals LtdFull Year Results
Haleon PLCFull Year Results
Hammerson PLCFull Year Results
Howden Joinery Group PLCFull Year Results
Hunting PLCFull Year Results
International Biotechnology Trust PLCFull Year Results
International Consolidated Airlines Group SAFull Year Results
London Stock Exchange Group PLCFull Year Results
Macfarlane Group PLCFull Year Results
Man Group PLCFull Year Results
Mobico Group PLCFull Year Results
Nexus Infrastructure PLCFull Year Results
Ocado Group PLCFull Year Results
PPHE Hotel Group LtdFull Year Results
Schroder Oriental Income Fund LtdFull Year Results
Schroders PLCFull Year Results
Serco Group PLCFull Year Results
Shaftesbury Capital PLCFull Year Results
Spectris PLCFull Year Results
Spire Healthcare Group PLCFull Year Results
Vesuvius PLCFull Year Results
Weir Group PLCFull Year Results
Friday 1 March 
IMI PLCFull Year Results
Pearson PLCFull Year Results
Rightmove PLCFull Year Results
Tritax Big Box REIT PLCFull Year Results
Monday 4 March 
Clarkson PLCFull Year Results
Craneware PLCHalf Year Results
GlobalData PLCFull Year Results
Quartix Technologies 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
26 Jan 2024 09:07

LONDON BROKER RATINGS: Morgan Stanley ups Rightmove; Deutsche cuts IHG

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

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.