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Pin to quick picksEntain Share News (ENT)

Share Price Information for Entain (ENT)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 764.20
Bid: 763.20
Ask: 764.20
Change: -19.80 (-2.53%)
Spread: 1.00 (0.131%)
Open: 793.80
High: 796.80
Low: 752.40
Prev. Close: 784.00
ENT Live PriceLast checked at -

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UK stocks close higher on commodities lift

Mon, 08th Apr 2024 17:15

FTSE 100 up 0.4%, FTSE 250 adds 0.7%

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U.S. CPI, UK GDP figures due later this week

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UBS raises price target on Easyjet, shares up

April 8 (Reuters) - The main UK share indexes rose on Monday, supported by miners as Shanghai copper prices touched record highs, while betting group Entain rallied on speculation of a potential takeover.

The commodity-heavy FTSE 100 closed 0.4% higher following a sluggish start to the session, while the midcap FTSE 250 index added 0.7%.

Shares of mining giants Rio Tinto, Glencore and Anglo American rose in the range of 1.9% and 4.2% as copper prices climbed to new peaks, catching up with a rally in other commodities on strong manufacturing data from top metals consumer China.

"Mining stocks have generally lagged but they may be starting to move now which is definitely a trend that's worth watching," said Russ Mould, investment director at AJ Bell.

Investors looked ahead to U.S. inflation and UK GDP figures later this week for clues on the path of monetary policy.

UK equities logged weekly losses on Friday after stronger-than-expected U.S. economic data prompted investors to scale back bets of several interest rate hikes from the Federal Reserve this year.

Britain's GDP data on Friday is expected to show the economy grew 0.1% in February, on a month-on-month basis, following a 0.2% rise in January.

"Wetter weather and lower oil/energy production will, we think, keep GDP from budging very much," said Sanjay Raja, senior economist at Deutsche Bank. "Looking ahead, we think the UK economy is at a turning point following on from its short and shallow recession last year."

A Deloitte survey showed concern about economic uncertainty among large British companies has fallen to its lowest since mid-2021, but the improved mood is not yet translating into stronger investment.

Among other stocks, Entain rose 5.2% after a Sunday Times report said private equity firms including Apollo were circling the betting and gaming group.

Easyjet gained 3.3% after UBS raised its price target on the airline's stock. (Reporting by Pranav Kashyap, Khushi Singh and Sruthi Shankar in Bengaluru; Editing by Mrigank Dhaniwala, Shounak Dasgupta and Christina Fincher)

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21 Mar 2024 09:27

LONDON BROKER RATINGS: UBS cuts Entain; RBC raises IAG

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

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21 Mar 2024 07:52

LONDON BRIEFING: Stocks called up thanks to New York rally

(Alliance News) - Stocks in London are to open higher on Thursday, after a global equity market rally following the latest interest rate call from the US Federal Reserve.

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20 Mar 2024 08:52

LONDON BROKER RATINGS: UBS raises Halma; cuts Spirax-Sarco and Weir

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

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20 Mar 2024 07:40

LONDON BRIEFING: UK inflation cools to 3.4% in February; Eyes on Fed

(Alliance News) - Stocks in London are expected to open slightly lower on Wednesday, as investors digest some cooler-than-expected inflation in the UK and look ahead to the latest US interest rate decision.

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14 Mar 2024 16:33

London close: Stocks fall as US inflation tops forecasts

(Sharecast News) - London's equity markets finished in negative territory on Thursday, driven by a flurry of stocks going ex-dividend and investor reactions to the latest US producer inflation and jobless data.

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14 Mar 2024 12:00

PRESS: Entain considers selling overseas gambling brands - FT

(Alliance News) - The UK's Entain PLC has hired advisors to oversee potential disposals of several overseas brands, including recent acquisitions, the Financial Times reported on Thursday.

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14 Mar 2024 09:51

LONDON BROKER RATINGS: Kepler Cheuvreux likes Diageo; BofA lifts Man

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

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13 Mar 2024 09:34

JPMorgan upgrades Flutter Entertainment to 'overweight'

(Sharecast News) - JPMorgan Cazenove lifted its stance on Flutter Entertainment on Wednesday to 'overweight' from 'neutral' and hiked the price target to 21,300p from 16,300p.

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13 Mar 2024 09:25

LONDON BROKER RATINGS: JPMorgan raises Flutter and cuts Entain

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

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13 Mar 2024 08:51

LONDON MARKET OPEN: FTSE 100 slips but CAC and DAX hit record highs

(Alliance News) - European equities kicked off Wednesday largely on the front foot, picking up the baton after US stocks resumed an "inexorable march" on Tuesday, after shaking off a hot US inflation reading.

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13 Mar 2024 07:51

LONDON BRIEFING: Balfour Beatty announces buyback; 4imprint ups payout

(Alliance News) - London's FTSE 100 is set to move higher, after data showed the UK economy kicked off the new year with gross domestic product growth, and as investors digest Tuesday's US inflation data.

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12 Mar 2024 16:53

LONDON MARKET CLOSE: Europe shrugs off hotter-than-expected US CPI

(Alliance News) - European markets closed higher on Tuesday, as investors shrugged off higher-than-expected inflation data from the US.

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12 Mar 2024 16:17

London close: Stocks rise as UK wage growth moderates

(Sharecast News) - London markets closed with gains on Tuesday, buoyed by hopes for interest rate cuts following a modest increase in UK wage growth.

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12 Mar 2024 15:03

DIRECTOR DEALINGS: Entain interim CEO buys GBP1.4 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News:

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12 Mar 2024 12:40

Entain hires bankers to prepare for sale of PartyPoker - report

(Sharecast News) - Ladbrokes owner Entain has reportedly hired bankers to prepare for a sale of PartyPoker as it seeks to fend off activist investors by reinvigorating its core operations.

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