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Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
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Share Price: 258.30
Bid: 258.30
Ask: 258.50
Change: 3.70 (1.45%)
Spread: 0.20 (0.077%)
Open: 254.60
High: 259.20
Low: 254.60
Prev. Close: 254.60
MKS Live PriceLast checked at -

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London close: Stocks rally after US data

Fri, 04th Jan 2013 16:42

- Footsie closes at highest level in nearly two years- US non-farm payrolls and ISM data provides a boost- BP gains after Transocean settlement with US governmentLondon's stock market started 2013 strongly in the aftermath of the fiscal cliff deal in the US on New Year's Day, with the FTSE 100 gaining 192.5 points over the first three trading sessions of the year.Equities on Friday were helped by some better-than-expected economic figures Stateside, which bolstered the outlook for the world's largest economy. The FTSE 100 finished up 0.7% on the day at 6,090; just one point shy of the February 8th 2011 high of 6,091.After a subdued start on markets this morning - owing to the minutes of the latest Federal Reserve meeting released last night - the Footsie rallied after American non-farm payrolls increased by 155,000 in December, ahead of the 152,000 consensus estimate. Meanwhile, gains were cemented this afternoon after the US ISM service-sector purchasing managers' index rose from 54.7 to 56.1, surprising analysts who had expected a slight fall to 54.2.Investors seemed to shrug off the news that the UK services PMI fell to 48.9 last month, after a reading of 50.2 in November. Consensus forecasts for no change.The minutes of the December Federal Open Market Committee knocked market sentiment early on this morning. While they showed a clear majority in favour of further asset purchases (the third round of quantitative easing, or QE3), members were divided on the timing of these purchases."Indecision between members pointed to a split between those who believe QE is a necessary ongoing task, and those who believe it is proving ineffective," explained research analyst Joshua Mahony from Alpari.FTSE 100: BP gains after Transocean settlementDeepwater Horizon rig owner Transocean has reached a $1.4bn settlement with the US Department of Justice, causing shares in operator BP to rise in London. Transocean, the world's largest offshore drilling contractor, agreed yesterday to plead guilty to one misdemeanour violation of the Clean Water Act for "negligent discharge of oil into the Gulf of Mexico".Nevertheless, the wider resource sector was under the weather, with Fresnillo, Randgold, Petrofac and Polymetal all registering losses. Fresnillo was the heaviest faller after UBS cut its recommendation for the shares to 'neutral'. Analyst Chris Lichtenheldt noted that the stock currently trades at 1.26 times net asset value and 18.7 times 2013 cash flow, 48% and 44% higher than the North American peer group, respectively. Sector peer Anglo American was also in the red after agreeing to sell its 70% interest in the Amapá iron ore mine in Brazil. The terms of the deal with Zamin Ferrous are confidential and subject to state regulatory approval, but the company said it was expected to complete in 2013.High Street retailer Marks & Spencer fell after Nomura lowered its full-year (ending March 2013) profit before tax forecast from £694m to £666m, based on recent Kanta market data.Real estate investment trust Hammerson was dampened by Credit Suisse after the broker downgraded its rating for the stock to 'neutral'.Power systems giant Rolls-Royce rose after revealing that it is to provide repair and support services for aircraft engines operated by the US Marine Corps and Air Force as part of a contract worth $52.2m.FTSE 250: Bank of Georgia up after Numis boostBank of Georgia Holdings was among the best performers after Numis initiated its rating on the stock at 'buy', with a target price of 1,453p. Balfour Beatty, the global infrastructure group, was also on the up after it announced that it has been awarded a five-year highway maintenance contract by Wiltshire Council worth £150m.As on the top tier index, miners were registering the biggest falls, tracking metal prices lower. Hochschild, Petropavlovsk, Bumi and Lonmin all took a hit.FTSE 100 - RisersBP (BP.) 453.50p +2.67%Hargreaves Lansdown (HL.) 721.00p +2.41%Burberry Group (BRBY) 1,290.00p +2.30%Schroders (SDR) 1,802.00p +2.21%BT Group (BT.A) 242.80p +1.89%Experian (EXPN) 1,033.00p +1.77%Vodafone Group (VOD) 160.05p +1.68%Standard Life (SL.) 352.10p +1.65%British American Tobacco (BATS) 3,174.50p +1.62%Xstrata (XTA) 1,147.00p +1.37%FTSE 100 - FallersRandgold Resources Ltd. (RRS) 5,975.00p -4.09%Fresnillo (FRES) 1,810.00p -3.98%Polymetal International (POLY) 1,174.00p -3.69%Marks & Spencer Group (MKS) 376.40p -3.09%Antofagasta (ANTO) 1,343.00p -1.97%Kazakhmys (KAZ) 811.50p -1.76%Rio Tinto (RIO) 3,613.00p -1.24%Johnson Matthey (JMAT) 2,335.00p -1.18%Tullow Oil (TLW) 1,275.00p -1.09%Wood Group (John) (WG.) 741.50p -1.00%FTSE 250 - RisersChemring Group (CHG) 264.10p +4.14%Vesuvius (VSVS) 380.80p +3.73%Bank of Georgia Holdings (BGEO) 1,140.00p +3.64%Jupiter Fund Management (JUP) 304.10p +3.61%Premier Farnell (PFL) 201.10p +3.50%Laird (LRD) 222.10p +3.49%JD Sports Fashion (JD.) 690.00p +2.99%Senior (SNR) 214.20p +2.88%KCOM Group (KCOM) 72.05p +2.56%RPS Group (RPS) 215.90p +2.52%FTSE 250 - FallersPetropavlovsk (POG) 359.30p -4.21%Hochschild Mining (HOC) 473.30p -3.72%Kentz Corporation Ltd. (KENZ) 381.30p -3.08%Fenner (FENR) 425.00p -2.34%Bumi (BUMI) 268.70p -2.29%Ted Baker (TED) 1,130.00p -1.99%Kenmare Resources (KMR) 34.30p -1.94%COLT Group SA (COLT) 96.00p -1.94%Betfair Group (BET) 670.50p -1.90%Lonmin (LMI) 290.80p -1.89%BC
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9 Nov 2023 15:45

DIRECTOR DEALINGS: M&S Non-Exec Potter buys GBP124,000 in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

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9 Nov 2023 15:45

Director dealings: M&S director snaps up 50,000 shares

(Sharecast News) - Marks & Spencer revealed on Thursday that non-executive director Cheryl Potter had acquired 50,000 ordinary shares in the FTSE 100-listed retailer.

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9 Nov 2023 09:43

LONDON BROKER RATINGS: M&S and Unilever raised but Asos cut

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

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8 Nov 2023 16:53

LONDON MARKET CLOSE: Stocks mixed; Powell gives little about rates

(Alliance News) - Stock prices in London closed mixed on Wednesday, after US Federal Reserve's Jerome Powell gave little away about the future of interest rates.

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8 Nov 2023 12:08

LONDON MARKET MIDDAY: Europe muted as eyes turn to Fed's Powell

(Alliance News) - European equities largely inched into the green at midday on Wednesday, though investors awaited with caution a speech from US Federal Reserve Chair Jerome Powell this afternoon.

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8 Nov 2023 08:48

LONDON MARKET OPEN: M&S impresses but ITV slumps on tepid ad revenue

(Alliance News) - Stock prices in Europe opened mixed on Wednesday, with equities struggling to push on with hawkish words from US central bankers hurting enthusiasm.

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8 Nov 2023 08:35

TOP NEWS: Marks & Spencer cautiously optimistic as profit jumps

(Alliance News) - Marks & Spencer Group PLC on Wednesday reported improved interim results and early signs suggest the clothing, home and food retailer will enjoy a robust Christmas.

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8 Nov 2023 07:45

LONDON BRIEFING: M&S profit surges; JD Wetherspoon upping investment

(Alliance News) - London's FTSE 100 is called to open lower on Wednesday, with equities on the back foot after more hawkish comments from a US central banker.

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8 Nov 2023 07:01

M&S cautious on H2 despite 52% jump in interim profit; Divi restored

(Sharecast News) - UK retailer Marks & Spencer on Wednesday reinstated its dividend and delivered a 56.2% rise in first-half profits, but warned sounded a note of caution about future trade in the run in to Christmas citing higher interest rates, weather and geopolitical events.

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7 Nov 2023 12:07

LONDON MARKET MIDDAY: Housebuilders and retail up, miners and oil down

(Alliance News) - European equities were mixed heading into Tuesday afternoon, with weaker China data and doubts over the US interest rate outlook weighing on the mood.

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3 Nov 2023 11:52

Bangladesh protests halt production for top fashion brands - union

(Alliance News) - Levi's and H&M are among top global clothing brands to suffer production halts in Bangladesh, a garment union leader said Friday, after days of violent protests by workers demanding a near-tripling of their wages.

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1 Nov 2023 16:52

LONDON MARKET CLOSE: Stocks prosper ahead of central bank rate calls

(Alliance News) - Stocks in London took their lead from a positive start on Wall Street to close higher as investors prepare for interest rate decisions in the UK and US.

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1 Nov 2023 16:35

London close: Stocks rise ahead of US Fed policy decision

(Sharecast News) - London's stock market finished in positive territory on Wednesday, with investors keeping a keen eye on the upcoming policy announcement from the US Federal Reserve.

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1 Nov 2023 15:44

UK earnings, trading statements calendar - next 7 days

Thursday 2 November 
BT Group PLCHalf Year Results
Derwent London PLCTrading Statement
Entain PLCTrading Statement
Haleon PLCQ3 Results
Helios Towers PLCQ3 Results
Hikma Pharmaceuticals PLCTrading Statement
Howden Joinery Group PLCTrading Statement
J Sainsbury PLCHalf Year Results
Kin & Carta PLCFull Year Results
OSB Group PLCTrading Statement
Shell PLCQ3 Results
Smith & Nephew PLCQ3 Results
TI Fluid Systems PLCTrading Statement
Trainline PLCHalf Year Results
Friday 3 November 
no events scheduled 
Monday 6 November 
Kingspan Group PLCTrading Statement
Kosmos Energy LtdQ3 Results
Ryanair Holdings PLCHalf Year Results
Tuesday 7 November 
Associated British Foods PLCFull Year Results
Beazley PLCQ3 Results
Direct Line Insurance Group PLCTrading Statement
dotdigital Group PLCFull Year Results
IWG PLCQ3 Results
Persimmon PLCTrading Statement
RS Group PLCHalf Year Results
Vaalco Energy IncQ3 Results
Watches of Switzerland Group PLCTrading Statement
Wednesday 8 November 
Conduit Holdings LtdQ3 Results
ITV PLCTrading Statement
JD Wetherspoon PLCQ1 Results
Marks & Spencer Group PLCHalf Year Results
MaxCyte IncQ3 Results
Secure Trust Bank PLCTrading Statement
Smiths News PLCFull Year Results
Time Out Group PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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27 Oct 2023 09:30

LONDON BROKER RATINGS: UBS says buy SJP; JPMorgan raises Trainline

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

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