PYX Resources: Achieving volume and diversification milestones. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJohnson Matthey Share News (JMAT)

Share Price Information for Johnson Matthey (JMAT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,845.00
Bid: 1,845.00
Ask: 1,846.00
Change: 7.00 (0.38%)
Spread: 1.00 (0.054%)
Open: 1,837.00
High: 1,847.00
Low: 1,827.00
Prev. Close: 1,838.00
JMAT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: FTSE 100 tops 6,800 as earnings impress

Wed, 23rd Jul 2014 12:08

- Capital, BHP, Renishaw rise strongly after results/updates- BoE votes unanimously on rates- Ukraine, Gaza still in focus but fears easetechMARK 2,833.96 +0.26%FTSE 100 6,816.83 +0.32%FTSE 250 15,696.15 +0.29%UK stocks were trading at their highest level in over two weeks on Wednesday as well-received updates from Capita, BHP Billiton and Renishaw gave sentiment a boost.While investors still watch geopolitical developments in Ukraine and Gaza closely, risk appetite is continuing to return to markets following the volatility that ensued last week. The FTSE 100 was trading 0.3% higher at 6,817 by midday; it has not closed above the 6,800 mark since July 7th.Minutes from the Bank of England's latest policy meeting were in focus this morning, showing that policymakers voted unanimously to keep rates on hold at 0.5%. Nevertheless, speculation continues to rise about a sooner-than-expected rate hike after minutes indicated that "for some members the decision had become more balanced".US stock futures were showing further gains ahead of the opening bell on Wall Street, with investors taking an optimistic approach ahead of earnings from a number of heavyweights including Boeing, PepsiCo, Facebook and AT&T."These gains clearly show that investors are more concerned about economic data and earnings season right now than the conflicts in eastern Ukraine and the Gaza strip," said Market Analyst Craig Erlam from Alpari UK."That's not to say that both of these don't have the potential to cause further disruptions and weigh further on investor sentiment, it just means that the risk associated with these events is fully priced in and there has been no new significant developments."Capita, BHP and Renishaw provide a boostFuelled by its highest ever level of bid pipeline prospects, outsourcing group Capita has secured £1.3bn of new contracts in the first half from a customer base ranging from John Lewis to the Transport for London and driven growth broadly in line with expectations. The stock was trading around 4% higher by midday.BHP Billiton, the world's largest mining company by revenues, rose after hailing a strong first-half operating performance with annual records achieved across 12 operations and four commodity classes. Others in the mining sector such as Antofagasta and Kazakhmys were also on the rise this morning.Engineering group Renishaw surged 18% as the company delivered an all-time high annual revenue of £355.5m in the year to June 30th, up 2% year-on-year after a record fourth quarter. Numis upgraded the stock from 'hold' to 'add' today.Accountancy software firm Sage was subdued after revealing that organic revenue growth slowed slightly to 4.3% in the third quarter. However, it still expects growth to be much stronger in the final three months of its financial year.Chemicals group Johnson Matthey declined after saying that first-quarter results were affected, as expected, by currency headwinds and the loss of an important contract with platinum group Anglo American Platinum. Sales were more or less flat over the year.Utilities group SSE was a heavy faller on the FTSE 100 after going ex-dividend, along with exchange operator LSE.FTSE 100 - RisersCapita (CPI) 1,198.00p +3.72%GKN (GKN) 353.40p +1.73%Associated British Foods (ABF) 2,874.00p +1.52%Marks & Spencer Group (MKS) 448.30p +1.29%G4S (GFS) 261.50p +1.08%Ashtead Group (AHT) 947.50p +1.07%IMI (IMI) 1,442.00p +1.05%Rio Tinto (RIO) 3,369.50p +0.97%Vodafone Group (VOD) 197.40p +0.89%Aviva (AV.) 500.00p +0.89%FTSE 100 - FallersSSE (SSE) 1,495.00p -2.99%Hargreaves Lansdown (HL.) 1,073.00p -1.74%Weir Group (WEIR) 2,703.00p -1.64%Mondi (MNDI) 1,034.00p -1.62%Johnson Matthey (JMAT) 3,024.00p -1.14%Petrofac Ltd. (PFC) 1,197.00p -1.07%ITV (ITV) 205.20p -1.06%London Stock Exchange Group (LSE) 1,929.00p -0.87%Intu Properties (INTU) 320.90p -0.53%Hammerson (HMSO) 610.50p -0.49%FTSE 250 - RisersRenishaw (RSW) 1,735.00p +18.03%Kazakhmys (KAZ) 343.60p +7.78%Morgan Advanced Materials (MGAM) 316.40p +5.19%Perform Group (PER) 225.00p +4.70%RPS Group (RPS) 271.90p +3.58%Halfords Group (HFD) 496.90p +2.96%JD Sports Fashion (JD.) 400.10p +2.51%Intermediate Capital Group (ICP) 420.10p +2.44%Rank Group (RNK) 161.00p +2.42%Dixons Retail (DXNS) 50.95p +2.35%FTSE 250 - FallersHochschild Mining (HOC) 160.00p -3.03%QinetiQ Group (QQ.) 209.00p -3.02%Poundland Group (PLND) 319.50p -1.75%Rightmove (RMV) 2,165.00p -1.72%Greencore Group (GNC) 271.30p -1.52%ITE Group (ITE) 198.20p -1.39%IG Group Holdings (IGG) 611.50p -1.29%Ted Baker (TED) 1,679.00p -1.29%Jardine Lloyd Thompson Group (JLT) 1,067.00p -1.20%Hellermanntyton Group (HTY) 308.00p -1.12%BC
More News
19 Nov 2021 09:39

LONDON BROKER RATINGS: Credit Suisse cuts Johnson Matthey to Neutral

LONDON BROKER RATINGS: Credit Suisse cuts Johnson Matthey to Neutral

Read more
19 Nov 2021 08:06

LONDON BRIEFING: Ryanair to de-list from London as Brexit saps volume

LONDON BRIEFING: Ryanair to de-list from London as Brexit saps volume

Read more
17 Nov 2021 16:00

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
17 Nov 2021 09:34

LONDON BROKER RATINGS: Jefferies cuts M&S to Hold from Buy

LONDON BROKER RATINGS: Jefferies cuts M&S to Hold from Buy

Read more
12 Nov 2021 10:51

Berenberg lowers target price on Johnson Matthey

(Sharecast News) - Analyst at Berenberg lowered their target price on chemicals company Johnson Matthey from 3,600.0p to 2,800.0p on Friday, stating Thursday's announcement that it would exit its nascent battery materials business changed the nature of the stock's equity story.

Read more
12 Nov 2021 09:47

LONDON BROKER RATINGS: AVEVA cut to Hold; Berenberg initiates Quilter

LONDON BROKER RATINGS: AVEVA cut to Hold; Berenberg initiates Quilter

Read more
11 Nov 2021 17:01

LONDON MARKET CLOSE: Weaker pound helps FTSE to new post-virus high

LONDON MARKET CLOSE: Weaker pound helps FTSE to new post-virus high

Read more
11 Nov 2021 12:26

LONDON MARKET MIDDAY: Pound falls to near one-year low, lifts FTSE 100

LONDON MARKET MIDDAY: Pound falls to near one-year low, lifts FTSE 100

Read more
11 Nov 2021 10:11

UPDATE 2-Miners lift UK's FTSE 100 to new 20-month highs, Burberry slides

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Burberry slumps after earnings update* UK economy grows 0.6% in Sept* B&M drops on lower earnings* FTSE 100 up 0.6%, FTSE 250 adds 0.6% (U...

Read more
11 Nov 2021 09:20

UPDATE 4-Johnson Matthey shares plunge as firm exits battery materials business

* Triple whammy of market exit, CEO change, profit warning hurt co* Investments in battery material not justified now -Co* Stock falls 20% at one point, drags down Umicore too* Names Bayer's Condon to succeed MacLeod (Adds analyst comment, backgrou...

Read more
11 Nov 2021 09:20

UPDATE 3-Johnson Matthey shares plunge as it exits battery materials business

* Triple whammy of market exit, CEO change, profit warning hurt co* Investments in battery material not justified now - Co* Stock falls 20% at one point, drags down peers too* Names Bayer's Condon to succeed MacLeod (Adds analyst comment, backgroun...

Read more
11 Nov 2021 09:20

UPDATE 2-Johnson Matthey shares plunge as it exits battery materials business, CEO to step down

* Triple whammy of market exit, CEO change, profit warning hurt co* Names Bayer's Condon to succeed MacLeod* Investments in battery material not justified now - Co (Writes through with detail, shares)By Yadarisa ShabongNov 11 (Reuters) - Johnson Ma...

Read more
11 Nov 2021 09:18

TOP NEWS: Johnson Matthey warns on profit amid restructuring, new CEO

TOP NEWS: Johnson Matthey warns on profit amid restructuring, new CEO

Read more
11 Nov 2021 08:54

LONDON MARKET OPEN: Auto Trader and Johnson Matthey bookend FTSE 100

LONDON MARKET OPEN: Auto Trader and Johnson Matthey bookend FTSE 100

Read more
11 Nov 2021 08:25

LONDON BRIEFING: Johnson Matthey to change CEO and exit battery metals

LONDON BRIEFING: Johnson Matthey to change CEO and exit battery metals

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.