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Pin to quick picksFondul Proprietatea Share News (FP.)

Share Price Information for Fondul Proprietatea (FP.)

London Stock Exchange
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Share Price: 5.45
Bid: 5.40
Ask: 5.45
Change: 0.00 (0.00%)
Spread: 0.05 (0.926%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 5.45
FP. Live PriceLast checked at -
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London afternoon: Retailers sag after sales data

Tue, 13th Oct 2009 14:26

Leading shares remain mixed, with the Footsie easing back into the red over the lunchtime session.Retailers are out of sorts despite some moderately optimistic news from the British Retail Consortium (BRC) concerning retail sales. The BRC said annual retail sales growth in September accelerated to 4.9% from 2.2% in August. The BRC cautioned, however, that this year's September figures include the late August Bank Holiday whereas last year's did not; furthermore, the September 2008 figures were very weak, coming as they did at the height of the crisis in consumer confidence.Clothing retailers Next and Marks & Spencer pull back, even though the BRC said stronger sales of clothing and footwear lifted non-food sales by 0.8%. Food sales growth slowed again, prompting selling pressure on the likes of supermarkets Tesco and Morrisons.Kazakhmys is on the up after revealing it is in talks with the China Development Bank and JSC Sovereign Wealth Fund Samruk-Kazyna regarding a potential corporate loan facility of around $2bn. The company also announced the sale of a 25% stake in its Ekibastuz GRES -1 power plant to Samruk-Kazyna.Ukrainian iron ore producer Ferrexpo is still in the red, however, despite a strong third quarter, in which it operated at full capacity. Lloyds Banking is marked down on fears it may have to pay a break fee of more than £1bn to pull out of the government's asset protection scheme. The company is expected to announce a huge fund raising exercise soon. Insurer Old Mutual is wanted after launching a £500m fixed rate senior bond with a coupon of 7-1/8% but sector peers Prudential, Legal & General and Friends Provident are stuck in reverse.Whitbread shareholders are happy to wake up and smell the coffee as the Costa Coffee company reported an improving trend at its budget hotel chain Premier Inn. That news offset disappointment with half-year profit, which dropped 10.4% to £110.5m (excluding exceptional items) and barely came within the range of market expectations. Among the mid-caps, ITV rallied on news it has no plans for a rights issue. It will raise £120m through convertible bonds, it said today.Footwear to condom group SSL lifted underlying sales by 3% to more than £321m in the half year to September, helped by new products and good demand in Europe and the Far East. 'We are pleased with the first half performance. Housebuilder Bellway slumped to a full-year loss after one-off items, but it's maintained the final dividend and is keen to start buying up land, especially in the South East of England. International service company Serco Group announced that Chairman Kevin Beeston will step down the group's AGM in May 2010. The group said it will now begin the process of appointing a new chairman.JJB Sports is on the rise after it finally unveiled its delayed £100m rights issue this morning. The company will issue 400m shares at 25p each a 23.7% discount to Friday's closing price.Social housing firm Connaught reported a 39% rise in annual pre-tax profit and is confident of future growth as orders continue to grow.Cash and carry firm Booker's half-year numbers have come in as expected, with like for like sales up 7.7% and profit up 12.1% on the year before. Profit before tax for the 24 weeks ended 11 September 2009 jumped to £29.7m from £26.5m in 2008 on total sales up 7.7% to £1.6bn.Shares in AEA Technology rallied after the climate change and energy consultancy said it is trading slightly ahead of management expectations. The group said it enters the second half with 80% of revenue secured to meet forecasts. Prospects remain good with the US market, in particular, providing significant opportunity for growth going forward.
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28 Oct 2009 16:26

London close: Triple-digit losses for FTSE 100

A poor performance from mining and financial stocks ensured that Footsie ended with triple-digit losses. Insurer Prudential, which saw a surge in US business but posted a fall in UK sales, was a heavy faller. The Pru lifted group-wide retail sales by 10% to £699m in the third quarter thanks largel

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28 Oct 2009 15:37

FTSE 100 movers: Miners among the wounded

The list of blue chip fallers is littered with miners as the dollar's ongoing recovery sends commodity prices lower. Xstrata, Lonmin, Kazakhmys and Rio Tinto are nursing losses, while a fall in oil prices towards $78 a barrel has hurt Petrofac, BP and Shell. Insurer Prudential fell as a 22% dive i

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28 Oct 2009 14:10

London afternoon: Stocks steady at lower levels

Miners and financials remain a dead weight around Footsie's neck, but elsewhere, leading shares are slowly beginning to claw back losses. Prudential, which saw a surge in US business but posted a fall in UK sales, is still among the heaviest fallers. The Pru lifted group-wide retail sales by 10% to

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13 Oct 2009 16:46

London close: Retailers weigh on Footsie

A poor performance from US shares dragged Footsie into the red and the leading index finished the day with substantial losses. Retailers were out of sorts despite some moderately optimistic news from the British Retail Consortium (BRC) concerning retail sales. The BRC said annual retail sales growt

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13 Oct 2009 12:14

London midday: Looking for direction

The Footsie has crawled into positive territory, helped by miners recovering from their weak opening. Kazakhmys is the pick of the sector after revealing it is in talks with the China Development Bank and JSC Sovereign Wealth Fund Samruk-Kazyna regarding a potential corporate loan facility of aroun

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18 Aug 2009 16:36

London close: Stocks in late surge

A late rally driven by early gains in the US had London back up at session highs, with gains among financial plays easily offsetting a weaker property sector. Investors overcame disappointing US housing starts data that had the blue chip index struggling at session lows mid-afternoon. The annual ra

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12 Aug 2009 16:14

London close: Stocks near session high

Footsie closed near a session high on Wednesday as London's top stocks continued to add to gains in afternoon trade, with banks among the best performers. Lloyds Banking finished up more than 6%, closely followed by fellow part-nationalised lender Royal Bank of Scotland . The FSA unveiled a new co

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12 Aug 2009 14:10

London afternoon: Gains trimmed

London is clinging onto positive territory as Wall Street gears up for a slow start ahead of tonight's Federal Reserve policy statement. Banks continue to do well. Royal Bank of Scotland agreed to sell its Pakistan unit to MCB Bank for $87m (£53m). The UK lender, 70%-owned by the British governmen

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11 Aug 2009 13:07

Resolution kicks off Life consolidation project

Friends Provident has finally succumbed to the overtures of Clive Cowdery's consolidation vehicle Resolution, but investors are already trying to guess who the insurance guru will target next. Although it took several attempts to nail the £1.86bn deal with Britain's sixth-largest life group, the f

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11 Aug 2009 12:25

Sector movers: International Power surges on results

Strong results from International Power have jolted the electricity sector higher. The power generator reported a rise in profit in the six month period, thanks to improved contributions from Australia and Asia. It is the strongest riser in the sector, with fellow electricity stocks such as Scottis

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11 Aug 2009 08:26

London open: Solid start for blue chips

London's blue chips have opened stronger than expected higher on a couple of decent results and the confirmation of Friends Provident's and Resolution's tie-up. Clive Cowdery's insurance investment vehicle Resolution will be catapulted into the FTSE 100 index after life insurer Friends Provident ac

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11 Aug 2009 07:35

London pre-open: Small gains ahead

London's top stocks look set to open marginally higher with traders expecting Footsie to add 5 points in early trading. Clive Cowdery's insurance investment vehicle Resolution will be catapulted into the FTSE 100 index after life insurer Friends Provident accepted a new £1.86bn bid on Tuesday. Fr

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11 Aug 2009 07:05

Friends Provident accepts £1.86bn Resolution bid

Clive Cowdery's insurance investment vehicle Resolution will be catapulted into the FTSE 100 index after life insurer Friends Provident accepted a new £1.86bn bid on Tuesday. Friends shareholders will get 0.9 Resolution shares for every Friends share held and may elect to receive 79.4p in cash for

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10 Aug 2009 16:41

London close: Struggling Footsie finishes lower

Footsie fought to lift itself into the blue all day but remained in the red as banks and miners weigh on the index. Lloyds Banking, which is apparently mulling a £15bn fundraising to keep down the cost of insuring toxic debt with the Government, fell. Reports in the weekend press suggest the Treasu

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