Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCentrica Share News (CNA)

Share Price Information for Centrica (CNA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 141.55
Bid: 142.90
Ask: 143.00
Change: 2.40 (1.72%)
Spread: 0.10 (0.07%)
Open: 141.35
High: 145.50
Low: 141.35
Prev. Close: 139.15
CNA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 100 closes above 8,000 on positive Centrica, StanChart earnings

Thu, 16th Feb 2023 17:31

Centrica, StanChart jump on upbeat earnings

*

Vodafone up on report exploring options for African Unit

*

FTSE 100 up 0.2%, FTSE 250 flat

Feb 16 (Reuters) - Britain's internationally-focussed FTSE 100 on Thursday closed above 8,000 points for the first time as upbeat earnings from Centrica and Standard Chartered countered global risk-off sentiment after hotter-than-expected U.S. inflation data.

The blue-chip FTSE 100 gained 0.2%, off an intra-day record high hit earlier in the day, but still at its highest ever closing level of 8,012.53 points.

The exporter-heavy index has had a stellar start to the year, gaining 7.5% so far as positive corporate earnings and rising commodity prices supported the index.

Data showed U.S. producer prices rose more than expected in January while jobless claims unexpectedly fell, fanning speculation the U.S. Federal Reserve would keep raising interest rates for longer than expected.

"The fact that it (inflation) hasn't weakened has given the market bit of a reason to pause," said Chris Beauchamp, chief market analyst at IG Group.

"Having rallied so much, the index does need a lot of good news to drive it higher from here. But we might be at risk of running out of that in the short term."

The domestically-focussed FTSE 250 midcaps closed flat.

Shares of Centrica jumped to top the FTSE 100, adding 5.7%, after the British Gas owner's annual profit more than tripled and it announced an extension of its share buyback programme.

Standard Chartered rose 4.1% after the lender reported a 28% rise in annual pretax profit and unveiled a $1 billion share buyback.

Meanwhile, investors will have an eye out for Bank of England Chief Economist Huw Pill's speech on the UK economy later in the day.

Among individual stocks, pharmaceutical company Indivior tumbled 13.6% after reporting its full-year results, tanking to the bottom of FTSE 250.

Shares of Vodafone rose 2.3% on a report the telecom company is exploring options for its African unit Vodacom. Gains in the stock lifted the telecommunications sector up 2.3%. (Reporting by Shashwat Chauhan and Shristi Achar A in Bengaluru; Editing by Sherry Jacob-Phillips and Mark Potter)

More News
7 Feb 2023 09:34

LONDON BROKER RATINGS: Jefferies resumes Taylor Maritime with 'buy'

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

Read more
3 Feb 2023 12:15

LONDON MARKET MIDDAY: FTSE outperforms with minor gain before US jobs

(Alliance News) - London's FTSE 100 was slightly higher at midday in London on Friday, as the dust settles on a slew of central bank decisions, ahead of an eagerly anticipated US nonfarm payrolls reading.

Read more
3 Feb 2023 08:53

LONDON MARKET OPEN: FTSE 100 treads water as traders digest rate hikes

(Alliance News) - Stock prices in London opened mostly lower on Friday, after a week dominated by interest rate decisions, which were all in line with market expectations.

Read more
3 Feb 2023 08:32

Ofgem extends UK ban on new customer energy tariff offers

(Alliance News) - UK energy watchdog Ofgem on Friday said it has extended the ban on acquisition-only tariffs, which are designed by firms to entice new customers.

Read more
3 Feb 2023 06:02

British Gas under pressure to compensate 'mistreated' customers

(Alliance News) - Centrica PLC's British Gas is under pressure to explain how it will compensate "vulnerable" customers who faced debt collectors forcibly installing prepayment meters in their homes.

Read more
2 Feb 2023 19:42

UK asks energy suppliers to pause forced installation of prepayment meters

Times reports vulnerable people forced to have prepayment meters

*

Read more
2 Feb 2023 11:02

Centrica halts forced meter installations

(Sharecast News) - British Gas-owner Centrica has suspended the forced instalment of prepayment meters, after an investigation showed the homes of vulnerable customers were being broken into.

Read more
2 Feb 2023 07:46

British Gas no longer applying for warrants to fit prepayment meters

(Alliance News) - Centrica PLC's British Gas has announced it will stop applying for court warrants to enter customers' homes and fit prepayment meters following reports they had been forced on "vulnerable" customers.

Read more
1 Feb 2023 19:42

Capricorn to review business after shareholders back new directors

Craig van der Laan named as chair

*

Read more
18 Jan 2023 09:47

LONDON BROKER RATINGS: Bank of America and Oddo BHF cut Whitbread

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

Read more
16 Jan 2023 13:12

British Gas in heat pump sales push amid soaring energy costs

(Sharecast News) - British Gas has started a price war for heat pumps as people look for alternatives to expensive gas boilers amid the cost-of-living crisis.

Read more
16 Jan 2023 09:34

LONDON BROKER RATINGS: SocGen raises Severn Trent to 'buy'

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

Read more
13 Jan 2023 09:40

LONDON BROKER RATINGS: Berenberg likes Pendragon; HSBC cuts Keywords

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

Read more
12 Jan 2023 17:03

LONDON MARKET CLOSE: Cooling US inflation, housebuilders lift FTSE 100

(Alliance News) - Stock prices in London closed higher on Thursday, boosted by a strong performance from UK housebuilders and positive news for inflation in the US.

Read more
12 Jan 2023 09:02

TOP NEWS: British Gas owner Centrica lifts outlook; names O'Brien CFO

(Alliance News) - Centrica PLC on Thursday raised its outlook on a "strong operational performance" recently, and it appointed a former Shell PLC treasurer as its new chief financial officer from March.

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.