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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: 248.70
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 -

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London midday: Bond jitters weigh on stocks

Thu, 04th Jun 2015 11:54

UK stocks edged lower following recent volatility in sovereign debt markets and amid mixed reports on the progress made at a meeting between Greek Prime Minister Alexis Tsipras and the head of the European Commission, Jean Claude Juncker.As of 12:21 the FTSE 100 was lower by 95.23 points to 6,855.23.On Wednesday, Dutch and French 10-year bond yields jumped by 16 and 15 basis points respectively, even as those on Greek debt of similar maturity ended the session 62 basis points tighter.In his press conference following Wednesday's meeting of the European Central Bank's governing council Mario Draghi said investors would have to get used to higher volatility in bond markets.On Tuesday and Wednesday, the yield on German bunds bounded higher by a combined 32 basis points to end at 0.90% - the largest two-day rise since 1998.As of 12:21 the yield on the 10-year benchmark German bund was one basis point higher at 0.91%, after having started the day at their highest since October 2014.Greece is set to pay a €330m tranche of debt falling due on Friday to the International Monetary Fund, according to Market News International.That follows media reports over recent days that the Washington-based lender is open to the possibility of allowing the Mediterranean country to bundle all its payments into one, to be made at the end of June, in a bid to buy some more time for Athens to reach an agreement with its creditors.According to Sky News, there have been reports of heavy withdrawals from ATMs in Athens in recent days.The Bank of England's Monetary Policy Committee maintained its benchmark policy rate at 0.50% and the size of its asset purchase programme unchanged at £375bn.Kingfisher, easyJet lead gains on FootsieKingfisher was seeing the sharpest gains following an upgrade out of Bank of America-Merrill Lynch to neutral from underperform.Low-cost airline easyJet said it carried nearly 6.5m passengers last month, up 7.2% from 6.05m in May 2014. The load factor, which is a gauge of how many seats were actually occupied by passengers on flights, rose 2.2 percentage points to 91.6% from May 2014.Petrofac successfully extended and amended a syndicated revolving five-year credit facility. The size of the funding facility was maintained by lenders at $1.2bn and would run to 2020, with the oil explorer being granted the option to extend it twice, for an additional year each time - if its creditors consent.Sports Direct International promoted Matt Pearson to acting chief financial officer following the departure of its previous CFO 18 months ago. "The odd thing is that his role is still said to be on an interim basis, implying that the search for a permanent FD goes on..." independent retail analyst Nick Bubb said.Medical technology group Smith&Nephew chose to remove one of its hip devices from the market, based on recent performance data. Analysis of the component, which is part of its Birmingham Hip Resurfacing System, shows that revision rates associated with men requiring a particular size, and with all women patients, exceed the current benchmark established by the UK National Institute for Health and Care Excellence (NICE).Platinum and palladium refiner Johnson Matthey posted a 22% rise in fiscal 2015 pre-tax profit to £495.8m, boosted by the £69.7m sale of the Gold and Silver Refining business in March 2015.NMC Health completed its acquisition of Americare Group, which provides in-home healthcare services in the United Arab Emirates, ahead of schedule. Excluding synergies, the transaction is expected to be accretive with a positive effect on NMC's consolidated margins and yield an attractive return on invested capital (ROIC), it said.Market MoverstechMARK 3,265.40 -0.99%FTSE 100 6,855.19 -1.37%FTSE 250 18,098.64 -0.90%FTSE 100 - RisersKingfisher (KGF) 373.50p +1.47%easyJet (EZJ) 1,596.00p +0.89%Babcock International Group (BAB) 1,141.00p +0.44%Morrison (Wm) Supermarkets (MRW) 178.20p +0.06%FTSE 100 - FallersNational Grid (NG.) 871.00p -4.86%Johnson Matthey (JMAT) 3,355.00p -4.58%WPP (WPP) 1,505.00p -3.46%Anglo American (AAL) 1,016.00p -3.05%Fresnillo (FRES) 726.50p -2.68%Randgold Resources Ltd. (RRS) 4,629.00p -2.59%Mondi (MNDI) 1,392.00p -2.38%Glencore (GLEN) 282.15p -2.37%BHP Billiton (BLT) 1,335.50p -2.30%International Consolidated Airlines Group SA (CDI) (IAG) 531.50p -2.21%FTSE 250 - RisersPayPoint (PAY) 1,074.00p +4.88%Ladbrokes (LAD) 125.10p +2.29%Brown (N.) Group (BWNG) 346.00p +1.97%BTG (BTG) 708.00p +1.43%Hiscox Limited (CDI) (HSX) 869.50p +1.40%Telecom Plus (TEP) 801.50p +1.20%Dairy Crest Group (DCG) 533.00p +1.14%Dechra Pharmaceuticals (DPH) 997.00p +1.06%Daejan Holdings (DJAN) 5,735.00p +0.97%Fisher (James) & Sons (FSJ) 1,316.00p +0.92%FTSE 250 - FallersMoneysupermarket.com Group (MONY) 278.30p -9.08%Zoopla Property Group (WI) (ZPLA) 259.70p -5.43%Foxtons Group (FOXT) 254.90p -4.75%Pets at Home Group (PETS) 269.40p -3.79%Synthomer (SYNT) 336.60p -3.75%Bank of Georgia Holdings (BGEO) 1,884.00p -3.63%Laird (LRD) 395.00p -3.54%Evraz (EVR) 161.10p -3.19%Lonmin (LMI) 139.70p -3.12%Polymetal International (POLY) 542.00p -3.04%
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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