The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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 open: Stocks gain on US budget hopes

Thu, 29th Nov 2012 08:22

UK equities opened strongly on Thursday morning with mining stocks leading the risers on the back of optimism that US policy-makers will eventually agree on a deal to avert the 'fiscal cliff'."European equities are trading higher this morning managing to extend yesterday's afternoon late turnaround rally on comments by several US politicians involved in the budget negotiations who have been painting a fairly optimistic picture that a deal will be struck and therefore that the fiscal cliff will be avoided," said Markus Huber, the head of German HNW trading at ETX Capital.US Republican Speaker of the House John Boehner said yesterday that he was "optimistic that we can continue to work together to avert this crisis sooner rather than later." He said that Republicans were willing to put "revenue on the table" as long as it is accompanied by spending cuts. Meanwhile, President Barack Obama told the public in a press conference today to pressure Congress to act to avert the automatic tax increases, saying: "When the American people speak loudly enough, lo and behold, Congress listens. "So today I'm asking Congress to listen to the people who sent us here to serve. I'm asking Americans all across the country to make your voice heard." FTSE 100: Miners make gains early onMining group BHP Billiton was in demand after its Chief Executive Officer Marius Kloppers gave a cautiously optimistic outlook at the company's annual general meeting. He highlighted the company's diversified portfolio, which he stressed means it is "poised to capture the opportunities presented by markets in all stages of the demand cycle". Mining peers Vedanta, ENRC, Kazakhmys, Anglo American and Rio Tinto were also making gains. Yesterday's comments from Chinese Commerce Minister Chen Deming were also providing a lift. He said that China will definitely hit its growth target of at least 7.5% this year.DIY group Kingfisher was lower after seeing like-for-like sales fall 2.8% in the third quarter. In the UK, Kingfisher's biggest market, total sales declined by 0.7% to £1.05bn, and were down 3.8% in like-for-like terms. Utilities firm Pennon, which owns South West Water and waste business Viridor, rose after delivering a half-year pre-tax profit in line with expectations, up 3.4% to £111.1m.Real estate investment trust British Land edged higher after saying that it has bought the 2.3-acre Canal Corridor North site in Lancaster and is in talks to acquire the adjoining land to build a canal side, mixed-use scheme across a 10-acre site. Pay-TV and broadband group BSkyB was lower after Jefferies downgraded its rating on the stock from 'hold' to 'underperform' and cut its target price from 700p to 650p, saying: "we no longer believe Sky's valuation reflects the challenges it faces as the UK's incumbent pay TV platform as the market matures."FTSE 250: Invensys continues to soarTechnology group Invensys extended yesterday's surge after announcing last night that it is to sell its rail division to Siemens for £1.742bn, pay down its pension deficit and return £625m in cash to shareholders. Shares rocketed 27% yesterday and gained a further 12.6% this morning.Rigid plastic packaging supplier RPC Group dropped after seeing net profit halve in the first half as it was hit by restructuring costs and impairment losses.William Hill rose after coming a step closer to buying out its online joint venture partner Playtech after formally triggering a valuation process for William Hill Online.Electrical retailer Dixons was lower after full-year sales rose 4% to £3.29bn in the first half. The company's figures reflected the European economic divide as sales grew in the North, but took a hit in Southern countries.Brewer and pub operator Marston's edged higher after group revenue gained 5.5% to £720m and underlying profit before tax increased by 9.2%.FTSE 100 - RisersBurberry Group (BRBY) 1,320.00p +3.61%Pennon Group (PNN) 617.50p +3.17%Rio Tinto (RIO) 3,029.00p +3.01%Smiths Group (SMIN) 1,097.00p +2.91%Evraz (EVR) 237.80p +2.77%Kazakhmys (KAZ) 697.00p +2.73%Eurasian Natural Resources Corp. (ENRC) 272.30p +2.72%Vedanta Resources (VED) 1,082.00p +2.46%Standard Chartered (STAN) 1,475.00p +2.18%Anglo American (AAL) 1,741.00p +1.99%FTSE 100 - FallersWood Group (John) (WG.) 783.50p -3.87%Kingfisher (KGF) 276.00p -1.64%British Sky Broadcasting Group (BSY) 773.50p -0.71%Pearson (PSON) 1,175.00p -0.25%Diageo (DGE) 1,876.50p -0.11%FTSE 250 - RisersInvensys (ISYS) 315.30p +12.61%New World Resources A Shares (NWR) 268.30p +7.32%Kenmare Resources (KMR) 32.80p +6.15%SDL (SDL) 464.00p +4.62%Persimmon (PSN) 805.00p +4.27%Barratt Developments (BDEV) 196.50p +3.31%Regus (RGU) 98.95p +2.91%Talvivaara Mining Company (TALV) 96.85p +2.49%Ocado Group (OCDO) 72.70p +2.39%Redrow (RDW) 161.10p +2.29%FTSE 250 - FallersRPC Group (RPC) 404.70p -4.98%NMC Health (NMC) 176.00p -2.22%JD Sports Fashion (JD.) 720.00p -1.37%Perform Group (PER) 380.00p -1.30%Bwin.party Digital Entertainment (BPTY) 107.00p -0.93%BH Global Ltd. GBP Shares (BHGG) 1,110.00p -0.89%Savills (SVS) 441.60p -0.74%Imagination Technologies Group (IMG) 423.30p -0.68%Wetherspoon (J.D.) (JDW) 540.00p -0.64%Euromoney Institutional Investor (ERM) 750.50p -0.60%BC
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.