focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCranswick Share News (CWK)

Share Price Information for Cranswick (CWK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4,425.00
Bid: 4,420.00
Ask: 4,425.00
Change: 20.00 (0.45%)
Spread: 5.00 (0.113%)
Open: 4,480.00
High: 4,480.00
Low: 4,395.00
Prev. Close: 4,405.00
CWK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 2-Miners lift FTSE 100 for first time in 3 days on China stimulus

Mon, 17th Aug 2020 09:17

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)

* Miners among biggest drivers on FTSE 100

* Mid-cap index closes up as Cranswick boosts

* Retail sales, inflation, PMI numbers due this week

* Travel and leisure stocks extend slide

* FTSE 100 up 0.8%, FTSE 250 up 0.2%
(Updates to close, adds comments)

By Sagarika Jaisinghani and Shreyashi Sanyal

Aug 17 (Reuters) - London's FTSE 100 index ended higher for
the first time in three sessions on Monday as more stimulus in
China powered mining stocks, while investors eyed a slate of
economic data due later in the week to gauge the pace of a
post-pandemic rebound.

The commodity-heavy FTSE 100 was up 0.8%, with
miners Rio Tinto Plc, BHP Group Plc and Anglo
American Plc adding between 1.7% and 2.4%.

Fresh liquidity from China's central bank helped investors
brush past a delay in a weekend meeting of U.S. and Chinese
officials to review their Phase-1 trade pact.

The FTSE 100 has bounced back 24% from a coronavirus-driven
crash in March as data signalled a nascent rebound in key
sectors such as housing, but a recent surge in COVID-19
infections has made investors cautious about betting on risky
assets in the absence of a vaccine.

The mid-cap FTSE 250, reversed earlier declines to
close 0.2% higher. Meat processor Cranswick Plc boosted
the index with a 6.5% jump after it said it expected retail
demand to normalise in the rest of the year as more people start
dining out. Eating in during lockdowns helped Cranswick's
revenue surge 25% in the first quarter.

The mid-cap FTSE 250 reversed earlier declines to
close 0.2% higher, powered by a 6.5% jump in meat processor
Cranswick Plc expectations of retail demand to normalise
in the rest of the year as more people start dining out, after
eating in during lockdowns helped its revenue surge 25% in the
first quarter.

After retail sales for July disappointed in both China and
the United States last week, investors are awaiting UK figures
on Friday. Inflation, consumer confidence and flash readings of
business activity surveys are also due this week.

"There is the potential for positive surprises from the
retail sales data or the flash PMIs, if the positive impact of
restrictions being relaxed can be sustained," said Ian Williams,
economics and strategy analyst at Peel Hunt.

Travel and leisure stocks fell for their fourth
straight day after Britain expanded its quarantine list to
include France and other countries last week.
(Reporting by Sagarika Jaisinghani and Shreyashi Sanyal in
Bengaluru; Editing by Subhranshu Sahu and Mark Heinrich)

More News
18 May 2021 13:47

IN BRIEF: Cranswick annual profit grows and new year starts well

IN BRIEF: Cranswick annual profit grows and new year starts well

Read more
18 May 2021 07:01

Cranswick lifts dividend as FY profits rise

(Sharecast News) - Food producer and supplier Cranswick lifted its dividend after reporting a 10.4% rise in annual profits as sales to retail customers offset a fall in food service due to Covid lockdowns.

Read more
11 May 2021 16:14

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
23 Mar 2021 14:20

DIRECTOR DEALINGS: Intertek, Centamin chairs buy; Cranswick CFO sells

DIRECTOR DEALINGS: Intertek, Centamin chairs buy; Cranswick CFO sells

Read more
16 Mar 2021 16:38

EXECUTIVE CHANGES: Sterling Energy recruits former Tullow Oil top team

EXECUTIVE CHANGES: Sterling Energy recruits former Tullow Oil top team

Read more
12 Feb 2021 09:33

BROKER RATINGS: Exane Raises M&S; HSBC Ups Diploma To Buy

BROKER RATINGS: Exane Raises M&S; HSBC Ups Diploma To Buy

Read more
11 Feb 2021 14:18

Thursday broker round-up

(Sharecast News) - JD Wetherspoons: Peel Hunt downgrades to reduce with a target price of 1,150p.

Read more
4 Feb 2021 09:26

Cranswick Trading Ahead Of Expectations Amid Strong Earnings Momentum

Cranswick Trading Ahead Of Expectations Amid Strong Earnings Momentum

Read more
4 Feb 2021 08:01

Cranswick sees full-year performance ahead of expectations

(Sharecast News) - FTSE 250 food producer Cranswick said its performance for the current financial year is set to be ahead of the board's previous expectations, after strong revenue and earnings momentum in the first half continued into the third quarter.

Read more
28 Jan 2021 16:18

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
25 Jan 2021 16:59

EXECUTIVE CHANGES: New CEOs At Minds + Machines And ULS Technologies

EXECUTIVE CHANGES: New CEOs At Minds + Machines And ULS Technologies

Read more
22 Jan 2021 16:17

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

Read more
17 Dec 2020 11:34

Cranswick Withdraws From Acquisition Of Inspired Pet Nutrition

Cranswick Withdraws From Acquisition Of Inspired Pet Nutrition

Read more
17 Dec 2020 07:48

Cranswick withdraws from process to buy pet food business

(Sharecast News) - Food producer Cranswick said on Thursday that it has withdrawn from the process to buy UK pet food business Inspired Pet Nutrition, which owns the Wagg and Harringtons brands.

Read more
16 Dec 2020 14:37

Cranswick Looks Set To Gobble Up Pet Food Firm Pet Nutrition

Cranswick Looks Set To Gobble Up Pet Food Firm Pet Nutrition

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.