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Pin to quick picksKingfisher Share News (KGF)

Share Price Information for Kingfisher (KGF)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 248.40
Bid: 248.30
Ask: 248.50
Change: 1.30 (0.53%)
Spread: 0.20 (0.081%)
Open: 248.50
High: 249.80
Low: 247.70
Prev. Close: 247.10
KGF Live PriceLast checked at -

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London close: Stocks come off intraday highs as US data disappoints

Wed, 01st Apr 2015 16:37

UK stocks trimmed earlier gains by the close after a weak start on Wall Street, but still managed to finish in the green as markets bounced slightly following a sell-off the previous session.London's FTSE 100 finished the session up 36.46 points, or 0.54%, at 6,809.50. The index had dropped 1.7% to a two-and-a-half-week low of 6,773.04 on Tuesday.Stocks had jumped as much as 1% during the session after manufacturing purchasing managers' indices (PMIs) from China, Europe and the UK all showed an improvement in March.Meanwhile, weak industrial jobs figures from China added to speculation that Beijing will soon inject more stimulus measures to shore up growth.However, US equities opened on the back foot after economic data came in lower than expected, with ADP March payrolls rising at a mediocre pace and nationwide manufacturing activity growing at its slowest rate since 2013."From manufacturing this morning, the focus has shifted to employment, particularly the all-important US jobs situation, with the picture looking a lot less optimistic as we head towards the Friday jobs report," said analyst Chris Beauchamp from IG.He said that as the US approaches full employment, it will be hard for the American economy to sustain the impressive run of good jobs reports over recent months.In other news, Brent crude futures for May delivery were up 2.7% at $56.62 a barrel in afternoon trade as talks over Iran's nuclear programme continued.Banking stocks riseUK domestic banks such as Barclays, Lloyds and RBS were performing well after Morgan Stanley said quantitative easing in the Eurozone could help banking commission and trading income across the sector. Lloyds was also benefiting from a ratings upgrade to 'hold' by Jefferies which forecast a "more meaningful dividend" this year.Specialist British bank Shawbrook made a stunning stock market debut in London with shares surging to well above the top of its preset price range of 290p.Oil major Shell was making gains after being given the green light by the US government to restart an exploration campaign in the Alaskan Arctic.Kingfisher retreated after a well-received annual report and strategy update on Tuesday, with Nomura weighing on the shares after lowering its target price from 315p to 305p, keeping a 'neutral' rating.Asos saw profits fall by a tenth in the first half as a sharp drop in margins outweighed a strong sales performance, though results still beat analysts' expectations.Russia-focused steelmaker Evraz surged after pledging to buy-back shares despite reporting a net loss of $1.28bn last year.FirstGroup rose strongly after saying trading for the year to the end of March had remained in line with expectations, with progress continuing on its medium-term transformation plans.Sportswear retailer Sports Direct was a high riser after Morgan Stanley started coverage with an 'overweight' rating, saying the business has the potential to replicate its UK success in many European markets.Down on AIM, Nationwide Accident Repair Services surged after directors accepted a £43.2m cash takeover offer from private equity colossus Carlyle, a month after major shareholder Quindell sold its stake.Market MoverstechMARK 3,143.88 +0.02%FTSE 100 6,809.50 +0.54%FTSE 250 17,123.41 +0.19%FTSE 100 - RisersImperial Tobacco Group (IMT) 3,045.00p +2.77%Barclays (BARC) 249.30p +2.76%BG Group (BG.) 851.40p +2.70%Fresnillo (FRES) 700.00p +2.56%Randgold Resources Ltd. (RRS) 4,801.00p +2.30%TUI AG Reg Shs (DI) (TUI) 1,211.00p +2.02%Sports Direct International (SPD) 620.50p +1.89%Aviva (AV.) 549.00p +1.67%Friends Life Group Limited (FLG) 420.20p +1.60%National Grid (NG.) 878.50p +1.60%FTSE 100 - FallersKingfisher (KGF) 368.00p -3.31%Shire Plc (SHP) 5,260.00p -1.96%Barratt Developments (BDEV) 521.00p -1.42%WPP (WPP) 1,513.00p -1.18%Carnival (CCL) 3,258.00p -1.15%Standard Chartered (STAN) 1,082.00p -1.05%Smith & Nephew (SN.) 1,132.00p -1.05%3i Group (III) 477.40p -1.04%Persimmon (PSN) 1,647.00p -0.96%ARM Holdings (ARM) 1,095.00p -0.91%FTSE 250 - RisersFirstGroup (FGP) 97.15p +6.82%Evraz (EVR) 197.50p +5.22%Serco Group (SRP) 144.60p +4.86%Cable & Wireless Communications (CWC) 63.80p +4.68%Card Factory (CARD) 308.00p +4.30%Marston's (MARS) 158.30p +3.94%Go-Ahead Group (GOG) 2,413.00p +3.56%TalkTalk Telecom Group (TALK) 355.50p +3.31%Virgin Money Holdings (UK) (VM.) 411.00p +3.27%Indivior (INDV) 196.10p +3.21%FTSE 250 - FallersOcado Group (OCDO) 339.40p -4.07%NMC Health (NMC) 638.00p -3.99%Thomas Cook Group (TCG) 141.60p -2.81%Drax Group (DRX) 353.70p -2.80%Imagination Technologies Group (IMG) 205.10p -2.70%RPC Group (RPC) 564.50p -2.67%Home Retail Group (HOME) 160.70p -2.61%Balfour Beatty (BBY) 234.30p -2.42%Booker Group (BOK) 142.40p -2.26%Riverstone Energy Limited (RSE) 1,042.00p -2.25%
More News
25 Apr 2024 20:30

IN BRIEF: Kingfisher executive sells GBP217,000 worth of shares

Kingfisher PLC - London-based retailer with brands that include B&Q, Screwfix and Castorama - Henri Solere, chief offer and sourcing officer sells 87,432 shares at 249.25 pence each. Worth GBP217,924.

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16 Apr 2024 12:01

CORRECT (Mar 15): Kingfisher promotes Deliveroo chair to be its chair

(Correcting that Claudia Arney is not stepping down as Deliveroo chair but from the board of Derwent London.)

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15 Apr 2024 15:39

London close: Stocks slip on renewed geopolitical tensions

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

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15 Apr 2024 08:19

TOP NEWS: Kingfisher promotes current Deliveroo chair to be its chair

(Alliance News) - Kingfisher PLC on Monday said Andrew Cosslett will step down as chair in June, after seven years in the role.

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15 Apr 2024 07:49

LONDON BRIEFING: Mitie unveils buyback; Inchcape sells UK retail arm

(Alliance News) - London's FTSE 100 is set to open lower on Monday, in a risk-off start to the week following an escalation in the conflict in the Middle East, with lingering US interest rate worries also hurting enthusiasm.

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15 Apr 2024 07:44

Home improvement retailer Kingfisher names Claudia Arney as new chair

LONDON, April 15 (Reuters) - European home improvement retailer Kingfisher said on Monday that Chair Andrew Cosslett will step down in June after seven years in the role and will be succeeded by non-executive director Claudia Arney.

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15 Apr 2024 07:07

Kingfisher chair to step down in June

(Sharecast News) - B&Q and Screwfix owner Kingfisher has announced that chair Andrew Cosslett will step down after seven years at the helm of the board.

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11 Apr 2024 16:53

LONDON MARKET CLOSE: Dwindling US Fed cut hope unnerves markets

(Alliance News) - Stock prices in London closed lower on Thursday, with a hawkish interest rate outlook for the Federal Reserve and geopolitical tensions hurting investor enthusiasm.

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11 Apr 2024 15:56

London close: Stocks finish lower as ECB stands pat

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

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11 Apr 2024 09:25

HSBC upgrades Kingfisher to 'buy'

(Sharecast News) - HSBC upgraded B&Q and Castorama owner Kingfisher on Thursday to 'buy' from 'hold' and lifted the price target to 305p from 235p.

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11 Apr 2024 08:59

LONDON BROKER RATINGS: JPMorgan raises M&S; HSBC likes Kingfisher

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

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11 Apr 2024 08:54

LONDON MARKET OPEN: European markets mixed ahead of ECB decision

(Alliance News) - European equities lacked direction early Thursday morning, ahead of an interest rate decision from the European Central Bank this afternoon.

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27 Mar 2024 16:13

EARNINGS AND TRADING: Solid State ups outlook; Quartix trading in line

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

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

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26 Mar 2024 09:40

LONDON BROKER RATINGS: Dr Martens cut to 'sell'; BofA likes Tullow

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

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