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Pin to quick picksLegal & General Share News (LGEN)

Share Price Information for Legal & General (LGEN)

London Stock Exchange
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Share Price: 240.90
Bid: 240.70
Ask: 240.90
Change: 5.10 (2.16%)
Spread: 0.20 (0.083%)
Open: 237.40
High: 241.80
Low: 237.00
Prev. Close: 235.80
LGEN Live PriceLast checked at -

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FTSE 100 gains ahead of central bank meetings, Unilever up on new CEO

Mon, 30th Jan 2023 17:31

Unilever names Dutch dairy boss Schumacher as CEO

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BoE seen hiking rate by 50 bps

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888 Holdings tanks to FTSE 250 bottom as CEO quits

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FTSE 100 up 0.3%, FTSE 250 off 0.5%

Jan 30 (Reuters) - The FTSE 100 gained on Monday as investors awaited a slew of central bank decisions this week, with Unilever supporting the index after the consumer goods giant announced a new chief executive officer.

The blue-chip FTSE 100 ticked 0.3% higher, while the midcap FTSE 250 dropped 0.5%.

Unilever rose 1.3% after the company appointed Hein Schumacher, currently the chief of Dutch dairy business FrieslandCampina, to replace CEO Alan Jope from July 1.

"Unilever has been managing to navigate through the turbulence pretty adeptly, and the appointment of a new CEO has been greeted positively by the market, in expectation he will help steady the ship further," said Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown.

The personal care index gained 1.5%.

Investors have their eyes on the Bank of England, first of the major central banks to turn hawkish, which is expected to deliver its 10th rate hike since December 2021 on Thursday. Traders have priced in a 50 bps rate hike, followed by another 25 bps in March before the BoE pauses.

"How far might they dial back rate hikes and the hints they might drop about the future trajectory of their policy decisions are the two things which will be keeping investors up at night," said Russ Mould, investment director at AJ Bell.

Limiting gains on the FTSE 100, life insurers dropped 1.6% as insurer Legal & General said Chief Executive Nigel Wilson was retiring after a decade in the top job but would remain in the post until a successor took the helm. The stock fell 1.8%.

888 Holdings tumbled 27.5%, its biggest percentage loss since 2006, after the bookmaker said CEO Itai Pazner would step down immediately and it would suspend VIP activities in some markets pending an internal investigation. 888 did not give a reason for Pazner's departure.

Ryanair slipped 2.7% despite posting a record after-tax profit for its October-December quarter. The stock hit an 11-month high last week amid a recovery in stock markets. (Reporting by Sruthi Shankar and Shristi Achar A in Bengaluru; Editing by Subhranshu Sahu, Shinjini Ganguli and Alison Williams)

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25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

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25 Apr 2024 13:55

Anglo American shareholder Redwheel joins LGIM against BHP proposal

LONDON, April 25 (Reuters) - Anglo American investor Redwheel said on Thursday the buyout proposal from BHP Group "does not reflect the value" in the London-listed miner's assets or growth pipeline, as shareholders begin to speak out against a merger.

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25 Apr 2024 13:19

Anglo shareholder LGIM says BHP approach "unattractive"

LONDON, April 25 (Reuters) - Legal & General Investment Management, one of the 20 largest shareholders in Anglo American said an approach by BHP Group is "highly opportunistic" and "unattractive".

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18 Apr 2024 14:12

UK dividends calendar - next 7 days

Friday 19 April 
Chelverton UK Dividend Trust PLCdividend payment date
Empiric Student Property PLCdividend payment date
FW Thorpe PLCdividend payment date
Heavitree Brewery PLCdividend payment date
Heavitree Brewery PLC A dividend payment date
JPMorgan Global Emerging Markets Income Trust PLCdividend payment date
Palace Capital PLCdividend payment date
STS Global Income & Growth Trust PLCdividend payment date
Monday 22 April 
no events scheduled 
Tuesday 23 April 
Crest Nicholson Holdings PLCdividend payment date
Invesco Asia Trust PLCdividend payment date
Pantheon Infrastructure PLCdividend payment date
Pembroke VCT PLC Bdividend payment date
Pinewood Technologies Group PLCex-dividend payment date
Wednesday 24 April 
Conduit Holdings Ltddividend payment date
Thursday 25 April 
abrdn Asian Income Fund Ltdex-dividend payment date
AVI Japan Opportunity Trust PLCex-dividend payment date
Bakkavor Group PLCex-dividend payment date
Bankers Investment Trust PLCex-dividend payment date
Bodycote PLCex-dividend payment date
Cairn Homes PLCex-dividend payment date
Central Asia Metals PLCex-dividend payment date
City of London Investment Trust PLCex-dividend payment date
ConvaTec Group PLCex-dividend payment date
CQS Natural Resources Growth & Income PLCex-dividend payment date
Derwent London PLCex-dividend payment date
Eurocell PLCex-dividend payment date
Foresight Solar Fund Ltdex-dividend payment date
Greggs PLCex-dividend payment date
Hansard Global PLCdividend payment date
Harworth Group PLCex-dividend payment date
Henderson Far East Income Ltdex-dividend payment date
HSBC Holdings PLCdividend payment date
Invesco Select Trust PLC Global Equity Income ex-dividend payment date
Invesco Select Trust PLC UK Equity ex-dividend payment date
JPMorgan Claverhouse IT PLCex-dividend payment date
Legal & General Group PLCex-dividend payment date
ME Group International PLCex-dividend payment date
Morgan Advanced Materials PLCex-dividend payment date
Morgan Sindall Group PLCex-dividend payment date
Mortgage Advice Bureau Holdings PLCex-dividend payment date
MP Evans Group PLCex-dividend payment date
Murray International Trust PLCex-dividend payment date
Portmeirion Group PLCex-dividend payment date
Public Policy Holding Cos Incex-dividend payment date
Rightmove PLCex-dividend payment date
Sabre Insurance Group PLCex-dividend payment date
Schroder Oriental Income Fund Ltdex-dividend payment date
Secure Trust Bank PLCex-dividend payment date
Seed Innovations Ltdex-dividend payment date
Seplat Energy PLCex-dividend payment date
Shaftesbury Capital PLCex-dividend payment date
Spirax-Sarco Engineering PLCex-dividend payment date
St James's Place PLCex-dividend payment date
Stelrad Group PLCex-dividend payment date
Team Internet Group PLCex-dividend payment date
Tufton Oceanic Assets Ltdex-dividend payment date
Tyman PLCex-dividend payment date
Volta Finance Ltddividend payment date
Wickes Group PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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2 Apr 2024 09:54

LONDON BROKER RATINGS: Bernstein starts AstraZeneca at 'outperform'

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

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28 Mar 2024 09:35

LONDON BROKER RATINGS: Aviva and L&G cut; mixed calls on Diploma

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

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28 Mar 2024 08:58

LONDON MARKET OPEN: FTSE 100 rises; JD Sports jumps as affirms outlook

(Alliance News) - The FTSE 100 in London opened up on Thursday on the final trading day of a holiday-shortened week, shaking off some hawkish words from a US central banker and some tepid UK economic data.

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28 Mar 2024 08:08

LONDON BRIEFING: JD Sports backs outlook; Spirent accepts new offer

(Alliance News) - Stocks in London traded higher early on Thursday in the final trading day of a holiday-shortened week, despite some hawkish words from a US central banker.

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22 Mar 2024 07:21

Legal & General scales back China plans - report

(Sharecast News) - UK insurer and asset manager Legal & General Group has scaled back its plans for China, it was reported on Friday.

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14 Mar 2024 09:51

LONDON BROKER RATINGS: Kepler Cheuvreux likes Diageo; BofA lifts Man

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

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14 Mar 2024 07:52

LONDON BRIEFING: Astra makes USD1.05 billion buy; Halma backs outlook

(Alliance News) - London's FTSE 100 is set to tread water after the opening bell sounds on Thursday, as investors look to a batch of US data to come in the early afternoon.

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6 Mar 2024 15:02

London close: Stocks finish higher after Hunt's Spring Budget

(Sharecast News) - London's stock markets closed in positive territory on Wednesday, as investors absorbed the Chancellor's Spring Budget announcement of a 2p reduction in National Insurance.

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6 Mar 2024 08:56

LONDON MARKET OPEN: Stocks up with all eyes on UK Spring budget

(Alliance News) - Stock prices in London opened higher on Wednesday, as investors shook off nerves ahead of the UK Spring budget.

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6 Mar 2024 08:40

TOP NEWS: L&G prepares for strategic revamp after profit shortfall

(Alliance News) - Legal & General Group PLC's new chief executive on Wednesday flagged a fresh start for the insurer after operating profit in 2023 fell short of market estimates.

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6 Mar 2024 07:25

L&G posts below-forecast operating profits

(Sharecast News) - UK insurer Legal & General posted lower-than-expected operating profits last year amid tough market conditions.

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