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Pin to quick picksDe La Rue Share News (DLAR)

Share Price Information for De La Rue (DLAR)

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Share Price: 97.80
Bid: 97.40
Ask: 98.80
Change: -0.20 (-0.20%)
Spread: 1.40 (1.437%)
Open: 95.00
High: 97.80
Low: 95.00
Prev. Close: 98.00
DLAR Live PriceLast checked at -

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FTSE 100 ends higher for fourth straight day, U.S inflation cools

Wed, 12th Apr 2023 17:31

March domestic pay growth slows - survey

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De La Rue hits record low on profit warning

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Petrofac slumps on wider annual loss forecast

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FTSE 100 up 0.5%, FTSE 250 up 0.3%

April 12 (Reuters) - London's FTSE 100 closed higher on Wednesday for the fourth straight session, supported by healthcare and energy stocks as signs of cooling inflation in the U.S., the world's largest economy, boosted investor sentiment.

The blue-chip FTSE 100 ended 0.5%, holding on to one month highs, though it had pared some earlier gains. The mid-cap FTSE 250 closed 0.3% higher.

Pharmaceutical companies surged 1.1% and energy heavyweights BP Plc and Shell Plc rose 0.5% and 0.6%, respectively tracking strength in crude oil prices.

Global stocks rallied after data showing a moderation in U.S. headline inflation in March spurred hopes that the Federal Reserve may soon pause its monetary tightening.

But analysts pointed to still sticky core inflation, and said the Fed was likely to deliver another 25 basis point rate hike in May.

"The data painted a mixed picture in terms of the deflationary story and headline inflation obviously was lower," said Stuart Cole, head macro economist at Equiti Capital

"The disappointing feature was that the core monthly figure is still incompatible with the Fed's 2% inflation target."

The pound climbed against the U.S. dollar hitting shares of some export-focused companies in the FTSE 100.

The FTSE 100 has been on a positive streak, helped by commodity stocks and defensives, such as pharmaceuticals, despite concerns over a potential U.S. recession.

Among other major movers, Petrofac Ltd slumped 13.2% after the company said it expected to report a wider operating loss.

De La Rue Plc plunged 19.0% and hit a record low after the banknote printer said it expects full-year profit to be below market expectations.

West Africa-focused oil producer Tullow Oil slid 6.0% on Jefferies' downgrade to "underperform" from "hold."

Meanwhile, a survey showed the sharp pace of pay growth in Britain showed signs of slowing in March, and a shortage of candidates eased for the first time in two years. (Reporting by Shristi Achar A and Johann M Cherian in Bengaluru; Editing by Savio D'Souza, Janane Venkatraman and Jane Merriman)

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23 Jun 2020 13:27

Tuesday broker round-up

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17 Jun 2020 10:39

De La Rue Profit Rises And Taps Investors For GBP100 Million Cash

De La Rue Profit Rises And Taps Investors For GBP100 Million Cash

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17 Jun 2020 09:07

De La Rue to raise £100m, cease Gateshead printing

(Sharecast News) - Banknote printer De La Rue said it was raising £100m and axing jobs at its Gateshead plant in England after losing the contract to produce UK passports after Brexit.

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17 Jun 2020 07:55

UPDATE 2-De La Rue seeks cash to fund shift to plastic notes

* 260 jobs at risk at Gateshead site - CEO* COVID-19 pandemic could boost plastic notes demand* Annual profit down 61% (Adds detail on job cuts, shares, analyst comment, CEO comments)By Yadarisa ShabongJune 17 (Reuters) - British banknote manufactu...

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16 Jun 2020 09:14

UK Serious Fraud Office Closes De La Rue Corruption Investigation

UK Serious Fraud Office Closes De La Rue Corruption Investigation

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16 Jun 2020 09:09

UPDATE 1-London stocks jump as Fed bond-buying boosts recovery hopes

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* Fed to start buying corporate bonds on Tuesday* BoE decision on asset purchase eyed later in the week* Cineworld jumps on plans to reopen all theatres by July* FTSE 100 jumps ...

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16 Jun 2020 07:42

Serious Fraud Office ends De La Rue probe

(Sharecast News) - The Serious Fraud Office has closed its investigation into De La Rue after almost a year in which the agency scrutinised the banknote printer's activities in South Sudan.

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10 Jun 2020 16:18

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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1 Jun 2020 11:58

LONDON MARKET MIDDAY: AB Foods And Travel Firms Rise As Lockdowns Ease

LONDON MARKET MIDDAY: AB Foods And Travel Firms Rise As Lockdowns Ease

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1 Jun 2020 10:40

UK WINNERS & LOSERS SUMMARY: De La Rue Surges On Strong Start To Year

UK WINNERS & LOSERS SUMMARY: De La Rue Surges On Strong Start To Year

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1 Jun 2020 10:32

De La Rue Shares Leap On Confident Outlook From Contract Wins

De La Rue Shares Leap On Confident Outlook From Contract Wins

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1 Jun 2020 09:47

De La Rue surges as it hails 'strong' start to year

(Sharecast News) - De La Rue shares surged on Monday after the banknote and passport printer hailed a "strong" start to the new financial year, left its full-year expectations unchanged and said it had only seen limited impact form the coronavirus crisis.

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1 Jun 2020 09:47

De La Rue surges as it hails 'strong' start to year

(Sharecast News) - De La Rue shares surged on Monday after the banknote and passport printer hailed a "strong" start to the new financial year, left its full-year expectations unchanged and said it had only seen limited impact form the coronavirus crisis.

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31 Mar 2020 11:18

De La Rue Earnings To Be In Line, To Early To Predict Virus Impact

De La Rue Earnings To Be In Line, To Early To Predict Virus Impact

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31 Mar 2020 08:13

De La Rue maintains FY guidance, says too early to assess virus impact

(Sharecast News) - Banknote printer De La Rue maintained its full-year guidance on Tuesday as it said it was too early to assess the impact of the coronavirus.

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