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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: 247.00
Bid: 246.90
Ask: 247.00
Change: -0.10 (-0.04%)
Spread: 0.10 (0.041%)
Open: 248.50
High: 249.80
Low: 245.80
Prev. Close: 247.10
KGF Live PriceLast checked at -

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UPDATE 2-Weaker pound, defensive stocks boost FTSE 100; AstraZeneca rises

Mon, 22nd Mar 2021 09:30

(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)

* Britons warned against international travel

* Kingfisher jumps on strong full-year results

* AstraZeneca vaccine safe, effective - new trial data

* FTSE 100 up 0.3%, FTSE 250 adds 0.2%
(Updates to close, adds comments)

By Shivani Kumaresan and Amal S

March 22 (Reuters) - London's FTSE 100 index ended higher on
Monday on a weaker pound and as gains in defensive stocks
outweighed declines in commodity-linked and travel shares, while
drugmaker AstraZeneca jumped on upbeat U.S. trial results.

The FTSE 100 index recouped its early losses and
ended 0.3% higher, with dollar-earning consumer staples stocks,
including Unilever, Reckitt Benckiser Group,
British American Tobacco and Diageo Plc gaining
between 0.3% and 2,5%, on the weaker pound.

Healthcare stocks were also among the biggest gainers, with
AstraZeneca up 3.3% after the drugmaker's COVID-19
vaccine was found 79% effective in a large U.S. trial at
preventing symptomatic illness, and was 100% effective against
severe or critical disease and hospitalisation.

Meanwhile, travel and leisure stocks were among
the top fallers.

British Airways-owner IAG, down 5.2%, was the
biggest faller in the index after social care minister Helen
Whately warned that Britons should wait before booking summer
holidays abroad, pointing out that there were rising COVID-19
infection rates in Europe.

"The risk, and one being increasingly acknowledged by
government ministers, is this summer is even worse than last for
the travel space as the UK keeps restrictions in place to avoid
undermining its hard-won success with the vaccine," said Russ
Mould, AJ Bell investment director.

The FTSE 100 has rebounded nearly 37% from a
coronavirus-driven crash last year on vaccine-led optimism, but
has struggled to reach pre-pandemic highs as commodity prices,
lockdown measures and rising U.S. bond yields weigh.

Oil heavyweights BP and Royal Dutch Shell
also weighed on the index.

The domestically focused mid-cap FTSE 250 index
gained 0.2%, supported by tech and bank stocks.

Home improvement retailer Kingfisher rose 3.6% to
the top of the blue-chip index, after posting a 44% jump in
full-year profit driven by the popularity of do-it-yourself
projects during the pandemic.
(Reporting by Shivani Kumaresan and Amal S in Bengaluru;
Editing by Subhranshu Sahu and Jane Merriman)

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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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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