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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: 247.10
Bid: 246.90
Ask: 247.00
Change: -1.00 (-0.40%)
Spread: 0.10 (0.041%)
Open: 247.40
High: 250.70
Low: 245.30
Prev. Close: 248.10
KGF Live PriceLast checked at -

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Sector movers: Tobacco, oil & gas and mining drag FTSE 100 into the red

Tue, 31st Mar 2015 13:39

Tobacco, oil & gas and mining stocks knocked the FTSE 100 down on a day of few positives over the course of Tuesday's trading in London.At 16:25, the FTSE 100 was trading down 93.98 or 1.36% at 6797.45 with tobacco stocks taking the biggest knock of the day. The decline arrived early on during the trading session on news that US Federal Trade Commission had recommended a lawsuit to prevent a proposed $27bn merger between tobacco giants Reynolds American and Lorillard.As part of the proposed deal, British American Tobacco, which owns a 43% stake in Reynolds, would have had to invest $4.7bn to maintain its stake in the group. Additionally, Reynolds said it would sell its Blu, Kool and Salem brands to Imperial Tobacco, pending approval. Unsurprisingly, both tobacco blue-chips took a knock with British American Tobacco down 2.64% and Imperial Tobacco off 3.39%.With both oil benchmarks testing cyclical lows, oil & gas stocks endured another troubling session. In afternoon trading, hardly any oil and gas shares, including those of BG Group, BP and Shell, were in the green. However, shares in Gulf Keystone took the biggest battering, trading down 9.88%, having been almost 12% lower at one point following the independent upstart's announcement of a £30m share placing.Oilfield services stocks were also largely in the red, none more so than Petrofac after Canaccord Genuity cut its rating for the company from 'buy' to 'hold' after an "impressive run" in the stock over recent months. The broker pointed out that Petrofac's valuation is currently trading close to sector peers Wood Group and Amec Foster Wheeler.Turmoil in the mining sector continued as Deutsche Bank said its calculations pointed to commodities being the worst performing asset class for the first quarter of 2015. Additionally, Bloomberg reported a $1.23bn net outflow from US commodities exchange-traded funds. Mining majors Rio Tinto, BHP Billiton and Anglo American were all down. Antofagasta also finished marginally in the red after it quashed rumours about a merger with copper producing peer Teck Resources.On a day of few positives, the general retailers segment was one of the few to finish in the green. DIY retailer Kingfisher impressed investors with plans to close 60 stores, as new chief executive Véronique Laury announced full-year results and set out her plans for a "very different" company. The company announced a £200m cash return for the coming financial year as it revealed adjusted annual profits fell 7.5% to £675m last year.Kingfisher's shares rose 5.51% at one point to 384.90p, making it Tuesday's top performing share.Five Worst Performing Sectors:Tobacco 41.197.44 -1204.49 -2.84%Mining 13,704.62 -292.77 -2.09%Oil & Gas Producers 6,944.88 -128.90 -1.82%Personal Goods 26,518.86 -483.79 -1.79%Oil Equipment, Services & Distribution 18,410 -323.33 1.73%
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Today 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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