Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. 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: 1,757.00
Bid: 1,764.00
Ask: 1,768.00
Change: 1.00 (0.06%)
Spread: 4.00 (0.227%)
Open: 1,762.00
High: 1,777.00
Low: 1,757.00
Prev. Close: 1,756.00
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: Rebound falters as stocks pare gains after weak economic data

Wed, 11th Mar 2015 11:57

London's stocks rose on Wednesday after plunging to a seven-week low, though any hopes for a full reversal of the prior day's sell-off were shattered by gloomy data from China and weak production figures from the UK.London's FTSE 100 was up just 0.08% at 6,708.24 by midday, having quickly erased gains after rising to a high of 6,738.95 early on.The index sunk 2.5% on Tuesday to 6,702.84, its worst close since 20 January, as a stronger US dollar dampened the price of commodities and concerns about Greece weighed on sentiment.Upside was limited in morning trade on Wednesday after UK industrial production unexpectedly slipped by 0.1% in January, surprisingly analysts who had expected 0.2% growth after a 0.2% decline in December.Analysts at Capital Economics said the figures "provided further disappointing signs that the sector's recovery is struggling to re-gain momentum, after almost grinding to a halt in the fourth quarter".Chinese data disappointsThe annual rate of Chinese fixed asset investment growth slowed to 13.9% last month from 15.7% in January and retail sales grew 10.7% year-on-year in February, compared with 12% previously. Meanwhile, industrial production growth eased to just 6.8% from 8.3%, the lowest increase since March 2009.The worse-than-expected data came just a week after China's government lowered its economic growth target to "around 7%" this year from 7.4% in 2014."It's become quite normal to be disappointed with Chinese data releases and the People's Bank of China offering monetary stimulus in an effort to offset this has helped cushion the blow quite well, but this morning's data is pretty dire," said analyst Craig Erlam from FX trading group Oanda.Domino Printing soars, Cairn and N Brown sinkJapan-based office equipment supplier Brother Industries has agreed to acquire British printing technology company Domino Printing Sciences for £1.03bn, causing shares in the FTSE 250 group to surge 32%. Domino, which has operations in the UK, China, Germany, India, Sweden and the US, will continue to operate as a standalone division in the business.Cairn Energy dropped over 21% after being issued with a bill of at least $1.6bn by the Indian government due to unpaid tax by a subsidiary, which the oil group has contested.Retailer N Brown fell 14% after delivering its second profit warning in six months due to lower-than-expected product gross margins in the fourth quarter. The company said pre-tax profit for the full year would be "slightly below the range previously guided".Tullow Oil was flat as "excellent results" from its appraisal activity in the South Lokichar basin in Kenya were overshadowed by an exploration well on the North Turkana basin which had to be plugged and abandoned.Shares in Burberry advanced after the British fashion house appointed Fabiola Arredondo as a non-executive director. Arredondo, once named by The Wall Street Journal as the most influential businesswoman in Europe, has previously held senior roles at Yahoo, the BBC and Bertelsmann.Comments from Exane BNP Paribas were hitting the share price of Johnson Matthey as it lowered its stance on the chemicals outfit from 'outperform' to 'neutral', saying it sees lower medium-term structural growth and growing risks.Market MoverstechMARK 3,126.91 +0.66%FTSE 100 6,708.24 +0.08%FTSE 250 16,869.27 -0.31%FTSE 100 - RisersBurberry Group (BRBY) 1,850.00p +1.87%Aggreko (AGK) 1,541.00p +1.72%GKN (GKN) 356.70p +1.34%Associated British Foods (ABF) 3,014.00p +1.28%Mondi (MNDI) 1,325.00p +1.22%International Consolidated Airlines Group SA (CDI) (IAG) 552.00p +1.19%Prudential (PRU) 1,631.00p +1.18%CRH (CRH) 1,719.00p +1.18%Vodafone Group (VOD) 218.05p +1.16%Intu Properties (INTU) 338.40p +1.05%FTSE 100 - FallersFresnillo (FRES) 641.00p -2.44%Sports Direct International (SPD) 655.00p -2.24%Sainsbury (J) (SBRY) 260.50p -2.03%Coca-Cola HBC AG (CDI) (CCH) 1,093.00p -1.97%Glencore (GLEN) 282.65p -1.65%Hargreaves Lansdown (HL.) 1,099.00p -1.44%Johnson Matthey (JMAT) 3,261.00p -1.12%Antofagasta (ANTO) 704.00p -0.98%BHP Billiton (BLT) 1,457.00p -0.95%Barclays (BARC) 252.15p -0.85%FTSE 250 - RisersDomino Printing Sciences (DNO) 950.00p +31.76%Domino's Pizza Group (DOM) 772.50p +5.53%Greggs (GRG) 995.50p +2.95%Booker Group (BOK) 158.60p +2.52%Renishaw (RSW) 2,403.00p +2.26%Bodycote (BOY) 759.50p +1.54%Greencore Group (GNC) 330.10p +1.16%AL Noor Hospitals Group (ANH) 960.50p +1.16%Murray International Trust (MYI) 1,015.00p +1.10%Enterprise Inns (ETI) 104.30p +1.07%FTSE 250 - FallersCairn Energy (CNE) 144.10p -21.43%Brown (N.) Group (BWNG) 351.60p -13.95%IP Group (IPO) 220.80p -5.80%Lonmin (LMI) 107.20p -5.55%Ophir Energy (OPHR) 123.70p -5.28%Hunting (HTG) 466.90p -4.32%COLT Group SA (COLT) 139.60p -4.25%Premier Oil (PMO) 138.40p -4.16%Hikma Pharmaceuticals (HIK) 2,221.00p -4.10%Home Retail Group (HOME) 190.10p -3.75%
More News
1 Jun 2022 19:17

No Jubilee celebration for FTSE 100 dropouts Royal Mail and ITV

June 1 (Reuters) - Royal Mail and broadcaster ITV will lose their spots on Britain's benchmark FTSE 100 equity index after their respective valuations plunged this year.

Read more
1 Jun 2022 10:12

Johnson Matthey keeps 30% as completes sale of health arm Veranova

(Alliance News) - Johnson Matthey PLC on Wednesday said it has completed the sale of Veranova, formerly Johnson Matthey Health, but it will retain a 30% stake in the health business.

Read more
30 May 2022 10:09

Deutsche Bank hikes target price on Johnson Matthey

(Sharecast News) - Analysts at Deutsche Bank raised their target price on speciality chemicals and sustainable technologies company Johnson Matthey from 2,000.0p to 2,300.0p on Monday, stating the group was in the process of starting its "cultural change" journey.

Read more
30 May 2022 10:06

LONDON BROKER RATINGS: Numis cuts Flutter to reduce; RBC lowers DCC

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

Read more
26 May 2022 17:12

FTSE 100 rises as banks gain; windfall tax threatens utilities

May 26 (Reuters) - The UK's top share index rose on Thursday on the back of gains in banks, but shares of utilities slumped after Britain announced a 25% windfall tax on oil and gas producers' profits.

Read more
26 May 2022 10:35

TOP NEWS: Johnson Matthey reassurance after battery exit falls flat

(Alliance News) - Johnson Matthey PLC on Thursday said it is determined to "restore value to our shareholders" after recent changes in direction sent shares tumbling.

Read more
26 May 2022 08:53

LONDON MARKET OPEN: Flat start after China warning; Serco up 9%

(Alliance News) - Stocks in London opened flat on Thursday, as equities were faced with opposing forces: a warning about the health of China's economy set against a rally on Wall Street after a largely unsurprising set of US Federal Reserve minutes.

Read more
26 May 2022 08:31

LONDON BRIEFING: Johnson Matthey promises to restore shareholder value

(Alliance News) - Johnson Matthey on Thursday said it is determined to "restore value to our shareholders" after recent changes in direction sent shares tumbling.

Read more
26 May 2022 07:58

LONDON MARKET PRE-OPEN: UK eyes Drahi BT stake buy; Serco ups outlook

(Alliance News) - Stock prices in London are seen opening lower on Thursday, after a top official in China warned on the world's second-largest economy, which has taken a hit from Beijing's strict zero-Covid policy.

Read more
26 May 2022 07:28

Johnson Matthey says China, Ukraine hitting outlook; Sells battery business

(Sharecast News) - Sustainable technologies firm Johnson Matthey said it expected current operating performance to be in the lower half of forecasts, as its customers were impacted by Covid lockdowns in China and the Ukraine war, and also announced the sale of its batteries business.

Read more
25 May 2022 15:37

IN BRIEF: Johnson Matthey invests in green hydrogen firm Enapter

Johnson Matthey PLC - London-based specialty chemicals - Invests EUR20 million to take 4.3% stake in Enapter AG, as part of a collaboration on Enapter's technology that produces green hydrogen. Enapter is a German and Italian firm whose anion exchange membrane electrolyser extracts hydrogen from water to be used in power generation. The partnership aims to accelerate the scale-up of the mass production of the AEM electrolysers. Enapter is currently building a facility in Saerbeck, Germany to add to its production plant in Pisa, Italy. Johnson Matthey will supply specialised catalysts.

Read more
25 May 2022 13:50

Johnson Matthey invests €20m in Germany's Enapter

(Sharecast News) - Johnson Matthey said on Wednesday that it has entered into a strategic partnership with German energy technology company Enapter as it looks to expand its presence in green hydrogen.

Read more
25 May 2022 10:18

Centrica and Johnson Matthey indicated to join FTSE 100, Asos in 250

(Alliance News) - British Gas-owner Centrica PLC and chemical firm Johnson Matthey PLC are set to return to the FTSE 100 index next month, replacing television broadcaster ITV PLC and postal operator Royal Mail PLC, according to indicative changes released by FTSE Russell on Tuesday.

Read more
25 May 2022 08:28

LONDON BRIEFING: M&S warns on cost hit to profit but is well placed

(Alliance News) - Marks & Spencer on Wednesday reported a swing to profit for the year ended April 2, but the clothing, homewares and food retailer cautioned on profit in the year ahead, amid the war in Ukraine and investment plans.

Read more
19 May 2022 16:07

UK earnings, trading statements calendar - next 7 days

Friday 20 May  
Bloomsbury Publishing PLC Full Year Results
Close Brothers Group PLCTrading Statement
Ediston Property Investment Co PLCHalf Year Results
Gattaca PLCTrading Statement
JPMorgan Asia Growth & Income PLCHalf Year Results
JPMorgan China Growth & Income PLCHalf Year Results
Old Mutual LtdTrading Statement
Quartix Technologies PLCFull Year Results
Schroder AsiaPacific Fund PLCHalf Year Results
Unbound Group PLCFull Year Results
Wincanton PLCFull Year Results
Monday 23 May 
Big Yellow Group PLCFull Year Results
CentralNic Group PLCTrading Statement
Kainos Group PLCFull Year Results
Kingfisher PLCQ1 Results
Life Science REIT PLCFull Year Results
Tuesday 24 May 
Assura PLCFull Year Results
Avon Protection PLCHalf Year Results
Bytes Technology Group PLCFull Year Results
Calnex Solutions PLCFull Year Results
Cordiant Digital Infrastructure LtdFull Year Results
Cranswick PLCFull Year Results
Greencore Group PLCHalf Year Results
Helical PLCFull Year Results
Hill & Smith Holdings PLCTrading Statement
Homeserve PLCFull Year Results
Hyve Group PLCHalf Year Results
Ixico PLCHalf Year Results
Likewise Group PLCFull Year Results
Lords Group Trading PLCFull Year Results
On the Beach Group PLCHalf Year Results
Polymetal International PLCTrading Statement
RS Group PLCFull Year Results
Shaftesbury PLCHalf Year Results
Speedy Hire PLCFull Year Results
SSP Group PLCHalf Year Results
Topps Tiles PLCHalf Year Results
Trinity Exploration & Production PLCFull Year Results
Warehouse REIT PLCFull Year Results
Wednesday 25 May  
De La Rue PLCFull Year Results
Esken LtdFull Year Results
HICL Infrastructure PLCFull Year Results
Hollywood Bowl Group PLCHalf Year Results
Intertek Group PLCTrading Statement
Likewise Group PLCFull Year Results
Marks & Spencer Group PLCFull Year Results
Mediclinic International PLCFull Year Results
Pennant International Group PLCFull Year Results
Pets at Home Group PLCFull Year Results
Sabre Insurance Group PLCQ1 Results
Severn Trent PLCFull Year Results
Softcat PLCQ3 Results
SSE PLCFull Year Results
Thursday 26 May 
AJ Bell PLCFull Year Results
Auto Trader Group PLCFull Year Results
Edinburgh Investment Trust PLCFull Year Results
Facilities by ADF PLCFull Year Results
Integrafin Holdings PLCHalf Year Results
Intermediate Capital Group PLCFull Year Results
Johnson Matthey PLCFull Year Results
LondonMetric Property PLCFull Year Results
Paypoint PLCFull Year Results
Picton Property Income LtdFull Year Results
Ted Baker PLCFull Year Results
United Utilities Group PLCFull Year Results
Wickes Group PLCQ1 Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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.