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Pin to quick picksKingfisher Share News (KGF)

Share Price Information for Kingfisher (KGF)

London Stock Exchange
Share Price is delayed by 15 minutes
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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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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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15 Feb 2024 07:22

Citi upgrades Kingfisher to 'buy' from 'neutral'

(Sharecast News) - Citi upgraded B&Q and Castorama owner Kingfisher on Thursday to 'buy' from 'neutral' as it argued the UK housing recovery supports a re-rating.

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5 Feb 2024 16:22

London close: Stocks turn lower on renewed interest rate concerns

(Sharecast News) - London's financial markets had turned negative by the close of trading on Monday, after better-than-expected UK services data was offset by a downward revision in service activity in the United States.

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5 Feb 2024 07:17

JPM puts Kingfisher on 'negative catalyst watch', cuts price target

(Sharecast News) - JPMorgan Cazenove cut its price target on Kingfisher on Monday to 180p from 190p as it placed the shares on 'negative catalyst watch' ahead of full-year results on 25 March.

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1 Feb 2024 09:15

TOP NEWS: AG Barr hires former Saga and Superdry chief as new CEO

(Alliance News) - AG Barr PLC on Thursday announced Euan Sutherland as its next chief executive officer, while also reporting a 26% rise in revenue in its just-completed financial year.

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29 Jan 2024 17:25

London close: Stocks turn weaker ahead of busy week for earnings

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

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29 Jan 2024 14:15

Broker tips: Kingfisher, Rotork, IMI, Intertek

(Sharecast News) - RBC Capital Markets downgraded B&Q and Castorama owner Kingfisher on Monday to 'sector perform' from 'outperform'.

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29 Jan 2024 09:12

LONDON BROKER RATINGS: Berenberg raises IMI; Exane BNP cuts Schroders

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

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29 Jan 2024 08:13

RBC Capital downgrades B&Q and Castorama owner Kingfisher

(Sharecast News) - RBC Capital Markets downgraded B&Q and Castorama owner Kingfisher on Monday to 'sector perform' from 'outperform'.

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29 Jan 2024 07:43

LONDON BRIEFING: Superdry looks at saving costs; Ferrexpo loses case

(Alliance News) - Stocks in London are expected to start the week on a cautious note, as investors nervously look ahead to two key interest rate decisions.

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11 Jan 2024 08:43

IN BRIEF: Kingfisher completes GBP50 million in share buybacks

Kingfisher PLC - London-based owner of B&Q, Screwfix and Castorama home-improvement stores - Completes first tranche of GBP300 million share buyback announced back in September. Buys 22.8 million shares for GBP50 million in total in the tranche, completing it by purchasing 335,726 shares at an average price of 223.95 pence on Wednesday. Kingfisher says details on the second tranche of the buyback programme will be announced "in due course". The repurchased shares will be cancelled.

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14 Dec 2023 12:14

LONDON MARKET MIDDAY: Stocks up as BoE follows in footsteps of Fed

(Alliance News) - Stock prices in London were higher at midday Thursday, after the Bank of England followed in the US Federal Reserve's footsteps and left interest rates unchanged.

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29 Nov 2023 09:51

LONDON BROKER RATINGS: JPMorgan cuts Diageo to neutral from overweight

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

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28 Nov 2023 09:27

LONDON BROKER RATINGS: Goldman starts M&G at 'buy'; Citi hikes B&M

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

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24 Nov 2023 16:56

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher.

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24 Nov 2023 11:42

LONDON MARKET MIDDAY: Stocks edge lower in quiet Thanksgiving trade

(Alliance News) - Stock prices in London were down midday on Friday, in a quiet day of trade as the Thanksgiving holiday saw global markets "hit the snooze button."

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