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 rebound, Logica rockets after CGI bid

Thu, 31st May 2012 08:34

- Logica jumps 64pc after bid- Eyes on Ireland as public votes on fiscal treaty- Eurobonds still a possibilityThe FTSE 100 rebounded on Thursday morning following a sharp fall the day before, but gains were only modest as uncertainty over the Eurozone continues to weigh heavily on investors' minds.Ireland is holding a referendum on the fiscal treaty; opinion polls over the weekend suggest that 60% of voters will vote in favour of the treaty. Also helping sentiment this morning were German retail sales which rose for a second straight month in April.Turning to Spain, the European Commission said yesterday that it may give the country an extra year to cut its deficit to 3%, easing the pressure on Prime Minister Mariano Rajoy.The possibility of implementing jointly issued Eurozone debt remains a possibility, according to Eurogroup President Jean-Claude Juncker. "The solution of eurobonds to relaunch growth in Europe is still on the table," said Juncker in a news conference.In domestic news, UK house prices rose slightly in May, as a squeeze in new properties on the market kept demand high, according to the Nationwide house price index. The average price of a house rose 0.3% between April and May to £166,022 from £164,134.FTSE 100: Miners on the upMining stocks were making gains early on, following a sell-off the day before. Vedanta was among the best performers after announcing that shareholders will get to vote on changes to the group's structure, including the merger of its two subsidiaries Sesa Goa and Sterlite, on June 15th. Sector peers Polymetal and Randgold Resources were also higher.DIY retailer Kingfisher was in demand despite poor weather dampening sales in the 13 weeks to April 28th, the company's first quarter. Revenues fell 3.6% during period, with like-for-like sales down 4.8%.Financial services giant Prudential rose after announcing that it is to get its hands on Reassure American Life Insurance Company (REALIC) through the acquisition of its US holding company from Swiss Re for £398m in cash.Sweeteners firm Tate and Lyle reported full-year profit numbers in line with expectations as it saw steady top-line growth across a number of its markets. Shares edged higher early on.FTSE 250: Logica soars on agreed bidBusiness consultancy Logica rocketed early on after news of an agreed bid from Canada's CGI Group. Information technology and business process services provider CGI is offering 105p cash per Logica share, valuing the company at around £1.7bn.Heading the other way was car and bike parts retailer Halfords after it reported a 20% drop in full-year pre-tax profit, warning that retail sales in the 2013 fiscal year have so far been very disappointing.FTSE 100 - RisersInterContinental Hotels Group (IHG) 1,502.00p +4.45%Vedanta Resources (VED) 960.50p +2.13%Lloyds Banking Group (LLOY) 25.75p +1.82%Tullow Oil (TLW) 1,453.00p +1.82%Sage Group (SGE) 255.10p +1.80%Man Group (EMG) 72.80p +1.53%BG Group (BG.) 1,242.50p +1.51%Randgold Resources Ltd. (RRS) 5,180.00p +1.47%Tesco (TSCO) 301.05p +1.35%Ashmore Group (ASHM) 335.80p +1.30%FTSE 100 - FallersITV (ITV) 74.50p -3.62%Admiral Group (ADM) 1,090.00p -2.59%Shire Plc (SHP) 1,831.00p -1.61%CRH (CRH) 1,106.00p -1.34%WPP (WPP) 779.00p -0.76%Next (NXT) 2,992.00p -0.70%Schroders (Non-Voting) (SDRC) 979.00p -0.66%IMI (IMI) 882.50p -0.56%Smiths Group (SMIN) 1,010.00p -0.49%Marks & Spencer Group (MKS) 330.60p -0.48%FTSE 250 - RisersLogica (LOG) 107.80p +64.08%Ruspetro (RPO) 158.00p +4.29%Premier Oil (PMO) 347.50p +3.89%Berkeley Group Holdings (The) (BKG) 1,247.00p +3.74%Savills (SVS) 325.00p +3.17%Regus (RGU) 89.55p +2.40%Petropavlovsk (POG) 370.10p +2.32%RPC Group (RPC) 381.50p +2.31%Hunting (HTG) 832.00p +2.15%JD Sports Fashion (JD.) 717.00p +2.14%FTSE 250 - FallersHalfords Group (HFD) 256.50p -7.03%Home Retail Group (HOME) 74.65p -2.55%Dunelm Group (DNLM) 480.40p -1.84%Essar Energy (ESSR) 140.10p -1.20%Daejan Holdings (DJAN) 2,752.00p -1.18%Kesa Electricals (KESA) 48.98p -1.13%Euromoney Institutional Investor (ERM) 755.50p -0.98%WH Smith (SMWH) 493.60p -0.92%Electra Private Equity (ELTA) 1,565.00p -0.82%SVG Capital (SVI) 259.00p -0.73%BC
More News
2 Mar 2023 09:48

LONDON BROKER RATINGS: Numis cuts BT to 'sell'; Citigroup cuts Babcock

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

Read more
21 Feb 2023 10:17

LONDON BROKER RATINGS: BoA cuts DS Smith; Jefferies likes JTC

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

Read more
3 Feb 2023 09:28

LONDON BROKER RATINGS: Deutsche Bank raises B&M; Barclays cuts IWG

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

Read more
3 Feb 2023 09:14

Deutsche Bank upgrades B&M, downgrades Kingfisher

(Sharecast News) - Deutsche Bank adjusted its ratings on a number of retailers on Friday, as it noted that the European general retail sector ended 2022 on a "surprisingly good" note.

Read more
31 Jan 2023 09:26

LONDON BROKER RATINGS: Barclays cuts Relx; Jefferies raises Team17

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

Read more
20 Jan 2023 08:37

TOP NEWS: Land Securities taps former Kingfisher CEO Cheshire as chair

(Alliance News) - Land Securities PLC on Friday said it appointed Ian Cheshire as chair to take over from Cressida Hogg in May.

Read more
2 Dec 2022 13:20

Deutsche Bank slightly lowers target price on Kingfisher

(Sharecast News) - Analysts at Deutsche Bank slightly lowered their target price on home improvement retailer Kingfisher from 280.0p to 275.0p on Friday, stating the stock was "swimming against the tide".

Read more
2 Dec 2022 09:38

LONDON BROKER RATINGS: Jefferies raises AJ Bell to 'buy' from 'hold'

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

Read more
29 Nov 2022 09:54

LONDON BROKER RATINGS: UBS raises Spirax-Sarco and cuts Halma

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

Read more
25 Nov 2022 09:34

LONDON BROKER RATINGS: UBS cuts Man; RBC prefers Lloyds to NatWest

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

Read more
24 Nov 2022 17:08

FTSE 100 ends flat as ex-dividend trades weigh; Dr. Martens slumps on margin warning

Intertek gains on strong revenue growth

*

Read more
24 Nov 2022 17:08

LONDON MARKET CLOSE: FTSE 100 subdued; sterling soars after dovish Fed

(Alliance News) - Stocks in London edged into the green at the close on Thursday, while the pound pushed past the USD1.21 mark following dovish meeting minutes from the US Federal Reserve.

Read more
24 Nov 2022 12:13

LONDON MARKET MIDDAY: FTSE 100 underperforms; pound continues climb

(Alliance News) - The FTSE 100 index edged into the green by midday on Thursday, while London mid- and small-caps continued to outperform a bit.

Read more
24 Nov 2022 09:17

LONDON MARKET OPEN: Mid and small caps outperform

(Alliance News) - The FTSE 100 index was underperforming other European stock market measures at the open on Thursday, while London's midcap and smallcap listings were off to a more positive start.

Read more
24 Nov 2022 08:33

TOP NEWS: Kingfisher cuts annual profit guidance despite sales rise

(Alliance News) - DIY retailer Kingfisher said it saw continued gains in market share during the third quarter and noted a "good start" to the fourth quarter.

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.