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Pin to quick picksCentrica Share News (CNA)

Share Price Information for Centrica (CNA)

London Stock Exchange
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Share Price: 132.00
Bid: 131.55
Ask: 131.65
Change: 1.85 (1.42%)
Spread: 0.10 (0.076%)
Open: 130.35
High: 132.20
Low: 128.95
Prev. Close: 130.15
CNA Live PriceLast checked at -

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FTSE 100 falls as bonds selloff, geopolitical tensions weigh

Mon, 10th Oct 2022 17:17

Power stocks hit by report of price cap

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Mid-cap stocks at one-week lows

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DS Smith jumps on upbeat forecast

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FTSE 100 down 0.5%, FTSE 250 off 1.3%

Oct 10 (Reuters) - UK's blue-chip stock index fell for a fourth straight session on Monday, tracking a slide in global markets, while yields shot up across the range of British debt maturities despite a raft of announcements by the finance minister and the Bank of England.

The FTSE 100 index slipped 0.5% and the mid-cap FTSE 250 index dropped 1.3% to touch one-week lows, extending Friday's losses, also coming under pressure as strong U.S. jobs data doused hopes the Federal Reserve would temper rate hikes.

Energy stocks slid 1%, tracking crude prices as investors weighed potentially tight supply against economic storm clouds that could foreshadow a global recession and erosion of fuel demand.

British government bond prices tumbled in a sign that investors are yet to be convinced by finance minister Kwasi Kwarteng's drive to shore up fiscal credibility, which included bringing forward his new fiscal plan to Oct. 31.

"We've seen sell off in UK gilts once again," Daniela Hathorn, market analyst at Capital.com, said.

"The likelihood of the Bank of England to deliver an emergency rate hike before November 3 is picking up."

The Bank of England also moved to ease concerns about the expiry of its emergency programme at the end of this week to calm turmoil in the government bond market, including a doubling of the maximum size of its planned debt buy-back on Monday.

Weighing on global markets, massive explosions shook the Ukrainian capital and other cities in apparent revenge strikes by Russia after President Vladimir Putin declared an explosion on the bridge to Crimea to be a terrorist attack.

British power companies Centrica and Drax fell 2.7% and 4.9% respectively after the Financial Times reported the UK government was pressing ahead with plans to cap revenues of renewable electricity generators.

"Our view is that such a cap would be punitive for the sector and may distort investment incentives," Jefferies analysts said.

DS Smith jumped 12.1% after the cardboard maker forecast overall annual performance ahead of its expectations, helped by strong revenue growth and cost cuts. (Reporting by Sruthi Shankar and Bansari Mayur Kamdar in Bengaluru; Editing by Subhranshu Sahu, Savio D'Souza and Andrew Heavens)

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12 Jun 2024 19:27

IN BRIEF: Centrica announces results of tender offer of notes

Centrica PLC - Windsor-based energy and services provider - Announces results of tender offer for GBP770.0 million 7.00% notes due 2033. Reports final acceptance amount of GBP370.0 million. Offer had deadline of Tuesday, at which GBP611.3 million in notes had been validly tendered. Notes worth GBP400.0 million will remain outstanding.

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5 Jun 2024 17:09

FTSE 100 ends higher on revived US rate cut bets, ECB awaited

FTSE 100 up 0.2%, FTSE 250 off 0.2%

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5 Jun 2024 16:55

LONDON MARKET CLOSE: Europe outperforms FTSE 100 as eyes turn to ECB

(Alliance News) - The FTSE 100 in London closed higher on Wednesday, but underperformed against its European counterparts, as eyes turn to an expected interest rate cut from the European Central Bank on Thursday.

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5 Jun 2024 09:19

TOP NEWS: Centrica trading in line; profit weighted to first half

(Alliance News) - Centrica PLC on Wednesday said performance so far this year has been in line with expectations against the backdrop of a more "normalised" external environment.

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5 Jun 2024 07:03

Centrica sees all units hitting medium-term earnings two years early

(Sharecast News) - British Gas owner Centrica said trading was in line with expectations against the backdrop of a more "normalised" environment, with all retail supply and optimisation businesses to be within their medium-term sustainable adjusted operating profit ranges in 2024 - two years ahead of schedule.

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4 Jun 2024 20:31

TRADING UPDATES: Tasty restructuring backed; Alien Metals raises funds

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

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31 May 2024 16:57

LONDON MARKET CLOSE: FTSE 100 rounds off decent May with gain

(Alliance News) - Equities in Europe ended higher on Friday, though stocks in New York were weaker, despite a key US inflation gauge landing in line with expectations.

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31 May 2024 10:37

RBC Capital lifts Centrica to 'outperform', shares rally

(Sharecast News) - RBC Capital Markets upgraded Centrica on Friday to 'outperform' from 'sector perform' and lifted the price target to 170p from 145p.

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31 May 2024 09:15

LONDON BROKER RATINGS: RBC raises Centrica; Citigroup says buy BHP

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

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31 May 2024 08:58

LONDON MARKET OPEN: FTSE 100 up as markets wait for US PCE reading

(Alliance News) - The FTSE 100 in London opened higher on Friday, as investors eye a key US inflation data.

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31 May 2024 07:50

LONDON BRIEFING: FTSE 100 called up; UK house prices show resilience

(Alliance News) - The FTSE 100 in London is called to open higher on Friday, as investors shake off US inflation nerves.

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29 May 2024 16:02

UK shareholder meetings calendar - next 7 days

Thursday 30 May 
Aferian PLCAGM
Ashtead Technology Holdings PLCAGM
Bodycote PLCAGM
Endeavour Mining PLCAGM
Ferguson PLCEGM re merger agreement
Kelso Group Holdings PLCAGM
Learning Technologies Group PLCAGM
LifeSafe Holdings PLCGM re retail offer
Mast Energy Developments PLCAGM
National World PLCAGM
One Media iP Group PLCAGM
RM Infrastructure Income PLCAGM
Friday 31 May 
AG Barr PLCAGM
Alba Mineral Resources PLCAGM
Bushveld Minerals LtdGM re sale of Vanchem
Frenkel Topping Group PLCAGM
Genedrive PLCGM re share placing and open offer
Old Mutual LtdAGM
Pulsar Group PLCAGM
Monday 3 June 
abrdn UK Smaller Cos Growth Trust PLCGM re share repurchase authority
Capital & Regional PLCAGM
Chesterfield Resources PLCAGM
Fulcrum Metals PLCAGM
Hostmore PLCAGM
Oakley Capital Investments LtdAGM
PageGroup PLCAGM
Tuesday 4 June 
Chapel Down Group PLCAGM
Deltic Energy PLCAGM
Eleco PLCAGM
International Public Partnerships LtdAGM
Thungela Resources LtdAGM
Wednesday 5 June 
Albion Technology & General VCT PLCAGM
Capital LtdAGM
Centrica PLCAGM
Churchill China PLCAGM
DigitalBox PLCAGM
Distribution Finance Capital Holdings PLCAGM
Gem Diamonds LtdAGM
Great Western Mining Corp PLCAGM
Gulf Marine Services PLCAGM
LungLife AI IncAGM
Nostrum Oil & Gas 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.

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28 May 2024 11:55

Edinburgh Investment Trust outperforms thanks to M&S, BAE and Centrica

(Alliance News) - Edinburgh Investment Trust PLC on Tuesday lifted its annual payout, as net asset value rose and its total return beat the FTSE All-Share index.

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24 May 2024 09:04

UK household energy bills to fall from July as price cap lowered by 7%

(Alliance News) - The average household energy bill is to fall by 7% from July after Ofgem lowered its price cap in response to wholesale prices.

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23 May 2024 17:18

LONDON MARKET CLOSE: FTSE 100 falls as focus stays on Westminster

(Alliance News) - Stock prices in London closed predominantly lower on Thursday, following robust US data, and as eyes remained on Westminster after Prime Minister Rishi Sunak called a general election on Wednesday.

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