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Pin to quick picksKingfisher Share News (KGF)

Share Price Information for Kingfisher (KGF)

London Stock Exchange
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Share Price: 248.10
Bid: 248.20
Ask: 248.40
Change: -0.80 (-0.32%)
Spread: 0.20 (0.081%)
Open: 249.70
High: 251.40
Low: 246.80
Prev. Close: 248.90
KGF Live PriceLast checked at -

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London close: Stocks edge higher after choppy session amid Greek uncertainty

Thu, 28th May 2015 16:38

London's stocks finished a choppy session in the green, though gains were only modest as sentiment continued to be dominated by mixed newsflow from Greece.The FTSE 100 settled the session up 7.59 points (+0.11%) at 7,040.92 after swinging between gains and losses for most of the day, with trading volumes lower than average. Markets across Europe, however, finished firmly in the red.The official in charge of leading negotiations between Greece and its creditors on Thursday said that 'high-level' political intervention in Europe is needed before the two sides can strike a deal. Greece's Deputy Foreign Minister Euclid Tsakalotos said senior political figures will have to step in to "bridge the gap".His comments followed a series of contrasting claims from each side over the last couple of days - a number of Greek officials had suggested a deal was close, while creditors such as IMF chief Christine Lagarde said "there is still a lot of work to do"."No sooner does a headline appear than it is swiftly denied. The net result is that we have seen see-saw action across indices, especially in Europe," said IG analyst Chris Beauchamp.Markets gave a subdued reaction to morning data that showed that UK GDP expanded by just 0.3% in the first quarter. This was in line with the initial estimate but below the 0.4% growth expected by analysts and the 0.6% increase seen the preceding quarter.Sports Direct, Kingfisher and ARM rise High street sports retailer Sports Direct was a high riser after it lifted its guidance for annual profits due to "continued and prudent depreciation policy and lower interest charges".B&Q and Screwfix owner Kingfisher also impressed after making a "solid" start to the year under new French chief executive VĂ©ronique Laury, with like-for-like sales up 0.8% in the first quarter.Chip designer ARM Holdings was in demand as M&A activity continued across the sector after Broadcom was snapped up by Avago Technologies in a $35bn deal.Equipment rental company Ashtead dropped on negative readacross from US peer United Rentals Inc which talked down activity in May.Shares in Tate & Lyle slid after the sweeteners and food ingredients group said that full-year pre-tax profit dropped 30% as it continues to restructure its business.Product testing group Intertek was trading in the red after Deutsche Bank downgraded its recommendation on the stock from 'buy' to 'hold'.Insurance group Direct Line was on the rise after JPMorgan Cazenove upgraded the stock from 'neutral' to 'overweight', saying the risk-reward balance has improved due to an anticipated improvement in UK motor pricing. Market MoverstechMARK 3,329.30 +0.20%FTSE 100 7,040.92 +0.11%FTSE 250 18,237.00 -0.00%FTSE 100 - RisersSports Direct International (SPD) 686.00p +4.18%ARM Holdings (ARM) 1,168.00p +2.55%Kingfisher (KGF) 375.00p +2.24%Dixons Carphone (DC.) 473.50p +1.98%Direct Line Insurance Group (DLG) 337.00p +1.81%3i Group (III) 564.50p +1.80%Associated British Foods (ABF) 2,950.00p +1.72%Sage Group (SGE) 577.50p +1.32%Experian (EXPN) 1,255.00p +1.29%TUI AG Reg Shs (DI) (TUI) 1,188.00p +1.28%FTSE 100 - FallersAshtead Group (AHT) 1,161.00p -4.60%BT Group (BT.A) 449.75p -2.02%easyJet (EZJ) 1,624.00p -1.81%Marks & Spencer Group (MKS) 587.00p -1.59%Intertek Group (ITRK) 2,537.00p -1.51%Smiths Group (SMIN) 1,201.00p -1.48%Capita (CPI) 1,262.00p -1.41%Whitbread (WTB) 5,185.00p -1.14%Sky (SKY) 1,068.00p -1.11%Old Mutual (OML) 226.50p -1.09%FTSE 250 - RisersPayPoint (PAY) 950.00p +8.20%Zoopla Property Group (WI) (ZPLA) 258.00p +7.50%Rank Group (RNK) 211.00p +4.46%Synergy Health (SYR) 1,895.00p +4.01%Imagination Technologies Group (IMG) 221.40p +3.89%Brit (BRIT) 288.00p +2.93%Hunting (HTG) 614.00p +2.85%Brewin Dolphin Holdings (BRW) 322.80p +2.44%Card Factory (CARD) 346.70p +2.42%Premier Oil (PMO) 159.20p +2.18%FTSE 250 - FallersVedanta Resources (VED) 582.50p -4.43%Cable & Wireless Communications (CWC) 66.35p -3.56%Soco International (SIA) 184.90p -3.19%Fidelity China Special Situations (FCSS) 168.60p -3.10%Amec Foster Wheeler (AMFW) 951.00p -2.71%Tate & Lyle (TATE) 585.00p -2.42%Premier Farnell (PFL) 193.40p -2.22%NMC Health (NMC) 795.00p -2.03%Inchcape (INCH) 856.00p -1.78%Poundland Group (PLND) 309.00p -1.78%
More News
15 Feb 2024 07:22

Citi upgrades Kingfisher to 'buy' from 'neutral'

(Sharecast News) - Citi upgraded B&Q and Castorama owner Kingfisher on Thursday to 'buy' from 'neutral' as it argued the UK housing recovery supports a re-rating.

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5 Feb 2024 16:22

London close: Stocks turn lower on renewed interest rate concerns

(Sharecast News) - London's financial markets had turned negative by the close of trading on Monday, after better-than-expected UK services data was offset by a downward revision in service activity in the United States.

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5 Feb 2024 07:17

JPM puts Kingfisher on 'negative catalyst watch', cuts price target

(Sharecast News) - JPMorgan Cazenove cut its price target on Kingfisher on Monday to 180p from 190p as it placed the shares on 'negative catalyst watch' ahead of full-year results on 25 March.

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1 Feb 2024 09:15

TOP NEWS: AG Barr hires former Saga and Superdry chief as new CEO

(Alliance News) - AG Barr PLC on Thursday announced Euan Sutherland as its next chief executive officer, while also reporting a 26% rise in revenue in its just-completed financial year.

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29 Jan 2024 17:25

London close: Stocks turn weaker ahead of busy week for earnings

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

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29 Jan 2024 14:15

Broker tips: Kingfisher, Rotork, IMI, Intertek

(Sharecast News) - RBC Capital Markets downgraded B&Q and Castorama owner Kingfisher on Monday to 'sector perform' from 'outperform'.

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29 Jan 2024 09:12

LONDON BROKER RATINGS: Berenberg raises IMI; Exane BNP cuts Schroders

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

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29 Jan 2024 08:13

RBC Capital downgrades B&Q and Castorama owner Kingfisher

(Sharecast News) - RBC Capital Markets downgraded B&Q and Castorama owner Kingfisher on Monday to 'sector perform' from 'outperform'.

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29 Jan 2024 07:43

LONDON BRIEFING: Superdry looks at saving costs; Ferrexpo loses case

(Alliance News) - Stocks in London are expected to start the week on a cautious note, as investors nervously look ahead to two key interest rate decisions.

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11 Jan 2024 08:43

IN BRIEF: Kingfisher completes GBP50 million in share buybacks

Kingfisher PLC - London-based owner of B&Q, Screwfix and Castorama home-improvement stores - Completes first tranche of GBP300 million share buyback announced back in September. Buys 22.8 million shares for GBP50 million in total in the tranche, completing it by purchasing 335,726 shares at an average price of 223.95 pence on Wednesday. Kingfisher says details on the second tranche of the buyback programme will be announced "in due course". The repurchased shares will be cancelled.

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14 Dec 2023 12:14

LONDON MARKET MIDDAY: Stocks up as BoE follows in footsteps of Fed

(Alliance News) - Stock prices in London were higher at midday Thursday, after the Bank of England followed in the US Federal Reserve's footsteps and left interest rates unchanged.

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29 Nov 2023 09:51

LONDON BROKER RATINGS: JPMorgan cuts Diageo to neutral from overweight

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

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28 Nov 2023 09:27

LONDON BROKER RATINGS: Goldman starts M&G at 'buy'; Citi hikes B&M

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

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24 Nov 2023 16:56

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher.

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24 Nov 2023 11:42

LONDON MARKET MIDDAY: Stocks edge lower in quiet Thanksgiving trade

(Alliance News) - Stock prices in London were down midday on Friday, in a quiet day of trade as the Thanksgiving holiday saw global markets "hit the snooze button."

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