Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 300.80
Bid: 300.80
Ask: 300.90
Change: 4.90 (1.66%)
Spread: 0.10 (0.033%)
Open: 297.20
High: 301.80
Low: 297.00
Prev. Close: 295.90
MKS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Britain's FTSE falls after British government loses Brexit ruling

Thu, 03rd Nov 2016 10:53

(ADVISORY- Follow European and UK stock markets in real time onthe Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)

* FTSE 100 down 0.3 pct

* Mining stocks among biggest fallers

* Mid-caps rally, led by Inmarsat

By Kit Rees

LONDON, Nov 3 (Reuters) - UK shares fell on Thursday inchoppy trade, dropping after the British government lost a courtcase on how to trigger the Brexit process, which sent sterlinghigher.

The blue chip FTSE 100 index was down 0.3 percent at6,825.38 points by 1032 GMT, lagging the broader European marketwhich was broadly positive.

The blue chip index turned negative after England's HighCourt ruled that Britain's government requires parliament'sapproval to trigger the UK's exit from the European Union, withsterling rising on the news.

"With this court ruling regarding Brexit ... sterling willrally, dollar earners will come under a lot of pressure," ZegChoudhry, managing director at LONTRAD, said.

"We think the market's going to start unwinding a little bithere and the potential for the market to fall reasonably sharplyhas increased. We were only doing a technical bounce todayanyway - there was no reason to buy this market in front of theU.S. election, so this has given another down draft."

The FTSE 100 has rallied 7.6 percent since the UK voted toleave the European Union in June, driven by gains among itsinternational, dollar-earning firms which get anaccountancy-related boost from a drop in sterling.

Mining companies were the biggest fallers, with gold minerRandgold Resources dropping more than 5 percent afterits update and pulling peer Fresnillo down 3 percent aswell.

Dixons Carphone, Marks and Spencer andeasyJet were among the top gainers, with Britishsupermarket stocks in focus after Morrison rose 2.3percent after a well-received update in which it reported afourth consecutive quarter of underlying sales growth. PeerSainsbury also rose, up 3.6 percent.

"Now things are starting to pick up, we're entering holidayseason. I think (Morrison's) have had a tough time along with alot scare over Brexit ... I think a lot of people will be buyinginto these ahead of Christmas," John Moore, trader at BerkeleyCapital, said.

The more domestically-focused FTSE 250 index rose1.2 percent, led by an 11.4 percent jump in Inmarsat's shares after the satellite reported its third quarter results. (Reporting by Kit Rees; Editing by Tom Heneghan)

More News
22 Aug 2023 08:00

Britain's gloomy weather dents supermarket sales growth into August -NIQ

UK supermarket sales growth slows to 7.2% in August -NIQ

*

Read more
21 Aug 2023 00:00

Food tech company ENOUGH raises 40 million euros

New fundraising led by World Fund and CPT Capital

*

Read more
18 Aug 2023 11:18

Temple Bar laments "miserly" UK valuations but promises long-term wins

(Alliance News) - Temple Bar Investment Trust PLC on Friday said its net asset value saw a moderate half-year increase, and that its "fundamentally sound" portfolio will eventually bear fruit despite the tough backdrop.

Read more
18 Aug 2023 08:21

British consumers curb their shopping in rainy July

Retail sales -1.2% m/m in July vs Reuters poll -0.5%

*

Read more
17 Aug 2023 14:00

Sustainable Switch: H&M investigates Myanmar factories

Aug 17 - By Sharon Kimathi Energy and ESG Editor, Reuters Digital sharon.kimathi@thomsonreuters.com

Hello!

Read more
16 Aug 2023 16:55

LONDON MARKET CLOSE: FTSE falls on rate fears and niggling China worry

(Alliance News) - Stock prices in London closed lower on Wednesday, with interest rate-sensitive stocks on the back foot, as a robust core inflation reading poured cold water on hope of a Bank of England pause.

Read more
16 Aug 2023 14:19

H&M probes alleged Myanmar factory abuses as pressure intensifies

Cases of worker abuses at garment factories soar -report

*

Read more
16 Aug 2023 12:01

LONDON MARKET MIDDAY: Stocks down; UK inflation cools in July

(Alliance News) - Stock prices in London were lower at midday on Wednesday, as investors digest some mixed inflation figures and the impact they will have on the Bank of England's next move.

Read more
16 Aug 2023 09:29

LONDON BROKER RATINGS: RBC cuts Antofagasta; Shore likes Trainline

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

Read more
16 Aug 2023 08:55

H&M probes Myanmar factory abuses as pressure intensifies

Cases of worker abuses at garment factories soar -report

*

Read more
16 Aug 2023 06:00

H&M probes Myanmar factory abuses as pressure intensifies

Cases of worker abuses at garment factories soar -report

*

Read more
15 Aug 2023 17:29

Sweden, UK lead European shares lower on rate-hike fears

China-exposed firms drop after weak economic data

*

Read more
15 Aug 2023 17:21

FTSE 100 hits one-month low as record UK wage growth drives pound higher

UK basic wage growth hits record

*

Read more
15 Aug 2023 16:56

LONDON MARKET CLOSE: Stocks slump on darkening China outlook

(Alliance News) - European equities suffered on Tuesday as poor data out of China compounded growth worries for the world's second-largest economy, while a red-hot UK wage inflation reading put the Bank of England under the spotlight.

Read more
15 Aug 2023 11:56

LONDON MARKET MIDDAY: FTSE 100 down as wage growth sparks rate fears

(Alliance News) - Stock prices in London were lower at midday on Tuesday, as wage growth fuelled talks of the Bank of England's next move.

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.