Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKingfisher Share News (KGF)

Share Price Information for Kingfisher (KGF)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 248.70
Bid: 248.90
Ask: 249.10
Change: 4.70 (1.93%)
Spread: 0.20 (0.08%)
Open: 245.40
High: 249.30
Low: 243.80
Prev. Close: 244.00
KGF Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London close: Stocks mixed at start of busy week

Mon, 23rd Oct 2023 19:21

(Sharecast News) - London's stock markets finished with a varied performance on Monday, driven by concerns over rising UK bond yields and global interest rate trends.

Market participants were also closely monitoring geopolitical developments in the Middle East and a busy corporate calendar for the week.

The FTSE 100 concluded the trading session with a decline of 0.37%, settling at 7,374.83 points, while the FTSE 250 index edged up 0.15% to 17,058.99.

In currency markets, sterling was last 0.73% stronger on the dollar to trade at $1.2253, while it declined 0.03% against the euro to change hands at €1.1479.

"At one point it looked as if markets in Europe were going to open higher in the wake of the start of aid convoys into Gaza over the weekend, however a combination of rising yields, and concerns over the prospects for global growth saw markets initially slide into the red," said CMC Markets chief market analyst Michael Hewson.

"Sentiment has stabilised a touch in the afternoon session as yields retreated from their intraday highs, and while the DAX and FTSE 100 have struggled, the CAC 40 and FTSE Mib have edged into positive territory, making it very mixed session for European stocks.

"It's been a broadly downbeat session for the FTSE 100 with weakness in UK housebuilders after Vistry Group become the latest to warn on its sales, saying that it saw little evidence of an uptick in sales during September in what is normally a buoyant time for sales."

Tech giants and banks to take centre stage this week

Investors worldwide were gearing up for a significant week ahead, bracing themselves for a flurry of earnings reports from major corporations.

Across the Atlantic, tech giants such as Alphabet, Microsoft, Amazon, and Meta Platforms were poised to deliver financial updates.

In the United Kingdom, the financial sector would take the spotlight, with a line-up of major banks scheduled to release their earnings reports.

Barclays was set to kick off the proceedings on Tuesday, followed by Lloyds, NatWest, and Standard Chartered.

Vistry in the red, Keller Group surges

On London's equity markets, Vistry Group took a notable hit on Monday, plummeting by 5.79%.

Despite reiterating its full-year profit guidance, Vistry expressed concerns about subdued house sales, citing a lack of the usual seasonal uptick in private sales activity.

Miners also faced downward pressure, with Anglo American, Glencore, and Antofagasta all declining.

On the upside, retailers showcased strength, with Frasers Group, Ocado Group, Next, Kingfisher- owner of B&Q - and Marks & Spencer Group all performing well.

The companies all saw gains ranging from 1% to just under 4% by the close.

Keller Group emerged as one of the standout performers, surging 16.49% after it raised its full-year earnings outlook following an exceptionally strong first-half performance.

Indivior, a drug maker specialising in addiction treatment, saw its stock rise by 5.17% after announcing a $385m settlement to resolve the final lawsuit claims in the long-running Suboxone anti-trust case.

Flutter Entertainment also enjoyed gains of 4.06% as Exane BNP Paribas named it the top pick in the gaming sector ahead of the third-quarter earnings season, following a challenging period for the industry.

Reporting by Josh White for Sharecast.com.

Market Movers

FTSE 100 (UKX) 7,374.83 -0.37%

FTSE 250 (MCX) 17,058.99 0.15%

techMARK (TASX) 4,010.37 -0.37%

FTSE 100 - Risers

Flutter Entertainment (CDI) (FLTR) 12,955.00p 4.06%

Ocado Group (OCDO) 505.40p 3.84%

International Consolidated Airlines Group SA (CDI) (IAG) 141.90p 2.83%

Informa (INF) 701.60p 2.30%

Rolls-Royce Holdings (RR.) 203.50p 2.29%

WPP (WPP) 696.20p 2.20%

Halma (HLMA) 1,845.00p 1.91%

Next (NXT) 6,958.00p 1.81%

Experian (EXPN) 2,687.00p 1.70%

JD Sports Fashion (JD.) 128.20p 1.62%

FTSE 100 - Fallers

Fresnillo (FRES) 525.80p -4.68%

AstraZeneca (AZN) 10,100.00p -3.16%

BT Group (BT.A) 110.70p -2.85%

BP (BP.) 532.20p -2.42%

Endeavour Mining (EDV) 1,718.00p -2.39%

Antofagasta (ANTO) 1,297.00p -2.04%

InterContinental Hotels Group (IHG) 5,762.00p -1.97%

Centrica (CNA) 154.75p -1.59%

Glencore (GLEN) 428.75p -1.53%

NATWEST GROUP (NWG) 215.30p -1.46%

FTSE 250 - Risers

Keller Group (KLR) 784.00p 16.49%

4Imprint Group (FOUR) 4,710.00p 5.61%

Indivior (INDV) 1,587.00p 5.17%

Bridgepoint Group (Reg S) (BPT) 177.50p 5.03%

Me Group International (MEGP) 142.60p 3.63%

Ferrexpo (FXPO) 77.75p 2.98%

Quilter (QLT) 78.80p 2.74%

Mitie Group (MTO) 98.70p 2.60%

Man Group (EMG) 218.60p 2.44%

Abrdn (ABDN) 154.50p 2.39%

FTSE 250 - Fallers

Vistry Group (VTY) 685.00p -5.79%

Energean (ENOG) 829.50p -4.49%

Centamin (DI) (CEY) 79.50p -4.22%

Helios Towers (HTWS) 62.15p -3.49%

Harbour Energy (HBR) 252.30p -3.11%

Hipgnosis Songs Fund Limited NPV (SONG) 75.40p -2.71%

Direct Line Insurance Group (DLG) 160.30p -2.11%

Vesuvius (VSVS) 394.80p -2.03%

Octopus Renewables Infrastructure Trust (ORIT) 83.40p -1.88%

TUI AG Reg Shs (DI) (TUI) 403.60p -1.85%

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.

Read more
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.)

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

Read more
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:

Read more
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:

Read more
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:

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.