The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFresnillo Share News (FRES)

Share Price Information for Fresnillo (FRES)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 549.50
Bid: 552.50
Ask: 553.50
Change: -8.50 (-1.52%)
Spread: 1.00 (0.181%)
Open: 564.00
High: 564.50
Low: 549.50
Prev. Close: 558.00
FRES Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK WINNERS & LOSERS SUMMARY: Travel Stocks Fall As Coronavirus Spreads

Mon, 24th Feb 2020 10:25

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.

----------

FTSE 100 - WINNERS

----------

Bunzl, up 2.5%. The distribution firm said its revenue edged higher in 2019, despite "mixed macroeconomic and market conditions". For 2019, revenue rose 2.7% to GBP9.33 billion from GBP9.08 billion in 2018, helping pretax profit increase by 6.7% to GBP453.3 million from GBP424.8 million. By segment, only a 1.7% revenue decline to GBP1.24 billion in the UK & Ireland prevented growth across the board. In North America, revenue climbed 3.7% to GBP5.47 billion and in Continental Europe by 1.8% to GBP1.83 billion. In the Rest of the World, revenue rose by 5.6% to GBP781.6 million. Bunzl upped its full-year payout by 2.2% to 51.3 pence per share from 50.2p.

----------

Polymetal International, up 0.6%. The Russian gold miner Polymetal International was tracking spot gold prices higher. Gold was quoted at USD1,683.00 an ounce Monday morning, up sharply from USD1,643.10 late Friday, as demand for the safe-haven asset increased amid concerns over the spread of the coronavirus.

----------

FTSE 100 - LOSERS

----------

easyJet, down 13%, TUI down 9.0%, International Consolidated Airlines Group down 8.5%. The airline stocks were among the worst performers amid fears of weakening demand for travel as the spread of the coronavirus widened to 30 countries across the world. "Airlines, car makers and luxury goods stocks were among the big fallers on both European and UK markets. TUI, easyJet and International Consolidated Airlines were among the biggest fallers on the London Stock Exchange, perhaps implying that investors are fearful that consumers and business people may lose their appetite to travel," said AJ Bell's Russ Mould. In the FTSE 250, Wizz Air was the worst performer, down 8.2%, while Irish carrier Ryanair Holdings was down 9.9%.

----------

FTSE 250 - WINNERS

----------

Fresnillo, up 3.8%. The Mexican gold miner said it has accelerated the development of the Juanicipio project in Mexico's Zacatecas state and now expects to start producing silver and gold in mid-2020, ahead of schedule. Fresnillo said construction is well underway, engineering is complete, and all major process equipment has been purchased and received on site. It added that the mine's pre-operative capital expenditure has increased by 11% to USD440 million from its estimate of USD395 million back in January 2018. The mine is now expected to reach 85% name plate capacity in the fourth quarter of 2021, and 90% to 95% in 2022. Fresnillo expects a total average annual production of 11.7 million ounces of silver, 43,500 ounces of gold, with an initial mine life of 12 years. The mine is expected to reach 85% name plate capacity in the fourth quarter of 2021, and 90% to 95% in 2022. Fresnillo expects a total average annual production of 11.7 million ounces of silver, 43,500 ounces of gold, with an initial mine life of 12 years.

----------

OTHER MAIN MARKET AND AIM - LOSERS

----------

LoopUp Group, down 26%. The web conferencing company said user activity deteriorated in the US in the second half, hurting annual earnings. LoopUp said it expects to report revenue and earnings before interest, tax, depreciation and amortisation broadly in line with market forecasts at GBP42.5 million and GBP6.4 million, respectively. This represents a 24% revenue growth year-on-year, but a 17% decline in Ebitda. LoopUp said the macro headwinds were hurting UK user behaviour in the first half of 2019, but have stabilised since the summer. However, the company said it is now experiencing a similar effect in its US business. The AIM-listed company said decline in US minutes per active user worsened in the second half of 2019 to 8% after falling just by 2% year-on-year in the first half.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
29 Dec 2023 13:01

LONDON MARKET CLOSE: UK equities outclassed by other markets in 2023

(Alliance News) - Stock prices in London closed mixed on Friday, the final trading day of 2023, as the annual returns from UK equities were outshone by international markets.

Read more
29 Dec 2023 09:35

LONDON MARKET OPEN: Stocks mixed on final day of underperforming year

(Alliance News) - Stock prices in London opened mixed on Friday, the last trading day of 2023, as investors assess rather meagre returns from the UK equity market in the past year.

Read more
28 Dec 2023 11:49

LONDON MARKET MIDDAY: Stocks slide amid light trading volumes

(Alliance News) - Thursday morning's optimism was wearing thin by midday in London, as the Santa Rally fuelled by hopes of US rate cuts next year somewhat ran out of steam.

Read more
28 Dec 2023 09:02

LONDON MARKET OPEN: China-exposed firms rise as stocks drift higher

(Alliance News) - Stock prices in London opened slightly higher on Thursday, with investors feeling quietly optimistic on the penultimate day of trading for 2023.

Read more
18 Dec 2023 17:21

Energy stocks lift UK's FTSE 100, Vodafone shines

Vodafone jumps as Iliad offers to merge Italian units

*

Read more
18 Dec 2023 15:35

London close: Stocks make small gains in wake of rate decisions

(Sharecast News) - London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.

Read more
18 Dec 2023 11:50

LONDON MARKET MIDDAY: Stocks edge higher amid festive cheer

(Alliance News) - Stock prices in London were outperforming its European peers at midday Monday, after investors digested some hawkish comments from US Federal Reserve officials.

Read more
18 Dec 2023 09:17

LONDON BROKER RATINGS: UBS cuts Barratt, Berkeley, lifts Taylor Wimpey

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

Read more
18 Dec 2023 09:07

LONDON MARKET OPEN: FTSE 100 edges higher as Fed rally fades elsewhere

(Alliance News) - The FTSE 100 managed to eke out some minor gains at Monday's market open, while stocks elsewhere pulled back after last week's advance.

Read more
18 Dec 2023 07:55

LONDON BRIEFING: Games Workshop seals Amazon deal for Warhammer 40,000

(Alliance News) - Stocks in London were set to retreat slightly on Monday, in line with equity markets in Asia, at the start of the last week before the Christmas holidays.

Read more
11 Dec 2023 16:57

LONDON MARKET CLOSE: Blue-chips nurse modest losses despite late rally

(Alliance News) - Blue-chips in London posted modest losses at the close on Monday as a late rally saw most of the early deficit recouped.

Read more
5 Dec 2023 16:52

LONDON MARKET CLOSE: FTSE 100 in red as miners sink lower

(Alliance News) - The FTSE 100 closed lower on Tuesday, but the FTSE 250 index edged higher, ahead of key US jobs data out later this week.

Read more
1 Dec 2023 09:04

IN BRIEF: Fresnillo creates COO roles for central and north operations

Fresnillo PLC - gold and silver miner in Mexico - Creates new regional chief operating officer roles. Current COO Tomas Iturriaga will continue as COO of Central Operations. Fresnillo hires Daniel Diez as COO of the Northern Region, effective December 1. Central Operations comprise the Fresnillo, Saucito and Juanicipio mines plus the Orisyvo and Guanajuato exploration projects. The Northern Region consists of the Herradura, Cienega and San Julian mines as well as the Tajitos, Rodeo and Capricornio projects. Diez has served since March 2022 as country manager of Chile for Gold Fields Ltd, where he oversaw development of the Salares Norte gold-silver deposit.

Read more
29 Nov 2023 16:55

LONDON MARKET CLOSE: Cooler German CPI boosts DAX but FTSE 100 falls

(Alliance News) - The FTSE 100 closed lower on Wednesday, despite a bullish session for European peers, as the blue-chip index's China-exposed stocks and natural resources sector struggled.

Read more
29 Nov 2023 16:40

London close: Stocks mixed as US GDP growth tops forecasts

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.

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.