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Share Price Information for De La Rue (DLAR)

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Share Price: 97.80
Bid: 96.40
Ask: 98.00
Change: -0.20 (-0.20%)
Spread: 1.60 (1.66%)
Open: 95.00
High: 97.80
Low: 95.00
Prev. Close: 98.00
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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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17 Feb 2020 07:38

PRESS: De La Rue Preparing For Crunch Talks With Banking Syndicate

PRESS: De La Rue Preparing For Crunch Talks With Banking Syndicate

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10 Feb 2020 15:00

De La Rue Hires Co-op Insurance Interim CFO Rob Harding As CFO

De La Rue Hires Co-op Insurance Interim CFO Rob Harding As CFO

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10 Feb 2020 14:20

De La Rue appoints Rob Harding as interim chief financial officer

Feb 10 (Reuters) - De La Rue said on Monday that Rob Harding has been appointed as interim chief financial officer, effective March 9.De La Rue, which prints around seven billion banknotes and 15 million passports a year, said that Harding is not ...

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24 Jan 2020 11:21

De La Rue Finance Chief Helen Willis Departs On Mutual Agreement

De La Rue Finance Chief Helen Willis Departs On Mutual Agreement

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22 Jan 2020 14:35

Great Portland Adds Former Hays Director Vicky Jarman To Board

Great Portland Adds Former Hays Director Vicky Jarman To Board

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3 Dec 2019 17:47

Crystal Amber Fund Doubles Holding In Troubled Banknote Firm De La Rue

Crystal Amber Fund Doubles Holding In Troubled Banknote Firm De La Rue

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26 Nov 2019 17:10

LIVE MARKETS-Closing snapshot: Europe up

* European stocks end up 0.1% after lower open * Focus on progress in U.S.-China trade talks * Compass outlook disappoints, shares tumble * S&P 500, Nasdaq and Dow Jones hit new record highs Welcome to the home for real-time cov...

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26 Nov 2019 16:59

LONDON MARKET CLOSE: Stocks Muted Ahead Of Thanksgiving; Pound Softens

LONDON MARKET CLOSE: Stocks Muted Ahead Of Thanksgiving; Pound Softens

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26 Nov 2019 14:05

TIMELINE-From Libya to China, banknote printer De La Rue's 200-year history

Nov 26 (Reuters) - British banknote printer De La Rue , whose roots stretch back nearly 200 years, on Tuesday warned its future was in doubt, wiping almost a quarter off the company's value.From printing cash during World War Two to developing the...

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26 Nov 2019 11:51

LONDON MARKET MIDDAY: FTSE Edges Up, Pound Down On UK Poll Jitters

LONDON MARKET MIDDAY: FTSE Edges Up, Pound Down On UK Poll Jitters

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26 Nov 2019 10:23

LIVE MARKETS-2020 markets horoscope: slow and steady

* European stocks slide 0.1% * Compass outlook disappoints, shares down 5.6% * Trade-sensitive autos, mining, tech sectors retreat * Travel & leisure sector set for worst day in 3 months Welcome to the home for real-time coverag...

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26 Nov 2019 10:18

UK WINNERS & LOSERS SUMMARY: De La Rue Sinks 20% After Axing Dividend

UK WINNERS & LOSERS SUMMARY: De La Rue Sinks 20% After Axing Dividend

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26 Nov 2019 09:30

UPDATE 2-Trade hopes, pound dip pull FTSE 100 out of red

* FTSE 100 up 0.1%, FTSE 250 up 0.8%* Miners, banks biggest boost to main index* Compass Group slips after warning on Europe performance* LSE up as shareholders vote in favour of Refinitiv deal* De La Rue issues going concern warning, scraps dividend...

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26 Nov 2019 09:23

De La Rue scraps dividend as it warns over its future

(Sharecast News) - Banknote printer De La Rue said on Tuesday that it swung to a loss in the first half as it scrapped its dividend and warned of "significant doubt" over its ability to continue as a going concern.

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26 Nov 2019 09:03

De La Rue Skips Dividend Payment As It Grapples With Growing Debt

De La Rue Skips Dividend Payment As It Grapples With Growing Debt

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