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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: 276.70
Bid: 277.50
Ask: 277.70
Change: -1.70 (-0.61%)
Spread: 0.20 (0.072%)
Open: 278.00
High: 279.00
Low: 275.10
Prev. Close: 278.40
MKS Live PriceLast checked at -

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London open: Markets lower after China data, but Next surges

Fri, 03rd Jan 2014 08:16

- China services PMI eased in December- Markets on look-out for plenty of economic data- Next raises profit guidance- House of Fraser planning London listingtechMARK 2,768.12 -0.15%FTSE 100 6,704.72 -0.20%FTSE 250 15,862.80 -0.35%UK markets opened slightly lower again on Friday as worsening economic data from China outweighed a bullish statement by High Street retailer Next.The FTSE 100 was continuing to pull back following a stellar end to 2013, which saw the index rise nearly 5% in the final two and a half weeks alone. London's benchmark index was trading down around 0.2% at just above 6,700.Chinese data released overnight sparked a fall on markets in Asia, as growth in the services sector eased in December. The purchasing managers' index (PMI) measuring the Chinese non-manufacturing sector fell from 56 to 54.6 last month - its worst reading since August 2013.This following a raft of manufacturing PMIs out from China, the US and UK yesterday which also showed that activity had slowed down in December."Although both PMI manufacturing and services remain above the expansion zone, markets are worried that a loss of momentum in the Chinese economy could leave the emerging markets area feeling more vulnerable as the Fed in the US kicks off tapering," said Market Strategist Ishaq Siddiqi from ETX Capital.After a relatively quiet few weeks for markets in terms of economic data, the schedule will ramp up today with investors on the look out for a barrage of data from the UK, including Nationwide house prices, the construction PMI, mortgage approvals and consumer credit figures.Meanwhile in the States, data on vehicle sales, the New York ISM index and a press conference with soon-to-be-departing Federal Reserve Chairman Ben Bernanke will keep investors busy.Retailers rise after Next ups guidanceRetail stocks were performing well again today after Next raised its full-year profit guidance following a "significantly" better-than-expected fourth quarter. The retailer also revealed a special dividend of 50p a share and said it would return a further £300m of surplus cash in the year ahead.The news comes just a day after department store and retail bellwethers John Lewis and House of Fraser reported excellent sales over the key Christmas period. According to The Times, the latter's Chief Executive John King said that the group expects to float on the London stock market by the end of the year.Other retailers including Marks & Spencer, Sports Direct, Kingfisher, Home Retail and Sainsbury were also trading higher early on.Leading the downside this morning were a number of stocks exposed to the housing sector, including Ashtead, Wolseley, Persimmon and Bellway. Financial groups HSBC, Resolution, Prudential and Jupiter Fund Management were also in the red.United Arab Emirates healthcare provider NMC Health fell despite saying that its 2013 results will be in line with expectations, with growth seen in both its healthcare and distribution divisions throughout the 12-month period. FTSE 100 - RisersNext (NXT) 6,070.00p +9.76%Associated British Foods (ABF) 2,538.00p +2.01%Marks & Spencer Group (MKS) 434.20p +1.61%Sports Direct International (SPD) 725.00p +0.76%SSE (SSE) 1,349.00p +0.75%Hammerson (HMSO) 493.90p +0.71%Kingfisher (KGF) 388.70p +0.65%Standard Life (SL.) 357.00p +0.62%Burberry Group (BRBY) 1,511.00p +0.60%Schroders (SDR) 2,619.00p +0.54%FTSE 100 - FallersAntofagasta (ANTO) 807.50p -1.76%Ashtead Group (AHT) 771.00p -1.60%HSBC Holdings (HSBA) 650.00p -1.47%Glencore Xstrata (GLEN) 306.00p -1.45%Wolseley (WOS) 3,411.00p -1.22%Anglo American (AAL) 1,278.00p -1.08%RSA Insurance Group (RSA) 91.35p -0.92%IMI (IMI) 1,506.00p -0.86%Aggreko (AGK) 1,681.00p -0.83%Prudential (PRU) 1,333.00p -0.82%FTSE 250 - RisersHome Retail Group (HOME) 194.20p +1.52%African Barrick Gold (ABG) 200.50p +1.52%Hays (HAS) 130.80p +1.40%Daejan Holdings (DJAN) 4,600.00p +1.21%Ophir Energy (OPHR) 303.90p +1.00%Domino's Pizza Group (DOM) 513.00p +0.98%Debenhams (DEB) 75.85p +0.93%Halfords Group (HFD) 445.70p +0.93%Partnership Assurance Group (PA.) 303.00p +0.90%Merlin Entertainments (MERL) 357.20p +0.88%FTSE 250 - FallersInternational Personal Finance (IPF) 522.00p -2.88%Lonmin (LMI) 305.40p -2.74%Essar Energy (ESSR) 70.80p -2.41%NMC Health (NMC) 440.50p -1.87%Jupiter Fund Management (JUP) 378.90p -1.84%Ferrexpo (FXPO) 185.50p -1.80%Restaurant Group (RTN) 571.50p -1.80%COLT Group SA (COLT) 126.70p -1.78%esure Group (ESUR) 245.50p -1.72%Berendsen (BRSN) 928.00p -1.69%BC
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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.

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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.

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15 Aug 2023 09:01

LONDON MARKET OPEN: Financials lead decline in FTSE 100; M&S jumps

(Alliance News) - Stock prices in London opened firmly in the red on Tuesday, following a mixed UK jobs print, and the latest stream of weak data from China.

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15 Aug 2023 08:57

TOP NEWS: UK grocery price inflation eases; Ocado loses market share

(Alliance News) - Grocery price inflation in the UK cooled by just over two percentage points to 12.7% in the four weeks that ended August 6, the second sharpest slowdown in price in 15 years, according to survey data from Kantar, with staples such as milk and vegetable oil seeing price cuts.

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15 Aug 2023 08:52

Britain's M&S raises profit outlook after strong trading

Now expects profit growth in 2023-24 year

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15 Aug 2023 08:29

TOP NEWS: Marks & Spencer shares boosted by rosy outlook

(Alliance News) - Marks & Spencer Group PLC shares were up on Tuesday, after it shared an improved outlook for its financial year.

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15 Aug 2023 08:16

Britain's M&S raises profit outlook after strong trading

Now expects profit growth in 2023-24 year

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15 Aug 2023 08:07

London open: Housing stocks pull FTSE lower on rate-hike fears

(Sharecast News) - The FTSE 100 dropped in early trade on Tuesday as investors reacted to an unexpected acceleration in UK wage growth and a surprise interest rate cut in China.

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15 Aug 2023 07:49

LONDON BRIEFING: L&G profit falls on investments; M&S outlook rosy

(Alliance News) - Stocks in London are expected to edge up at Tuesday's open, as investors weigh the latest economic data from the UK and Asia.

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15 Aug 2023 07:20

London pre-open: FTSE 100 to bounce off one-month low

(Sharecast News) - London stocks were set for a slight rebound on Tuesday morning after falling to a one-month low, as investors digested some key data from the UK labour market, and a surprise rate cut in China overnight.

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15 Aug 2023 07:01

M&S lifts guidance as food, clothing sales surge

(Sharecast News) - UK food, clothes and homewares retailer Marks & Spencer on Tuesday lifted guidance for half-year profits after strong sales growth in the first 19 weeks of its financial year, sending its shares soaring.

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1 Aug 2023 09:24

LONDON BROKER RATINGS: JPMorgan cuts L&G, St James's price target

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

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27 Jul 2023 12:30

Zara owner Inditex says it will stop buying clothes from Myanmar

LONDON, July 27 (Reuters) - Zara owner Inditex is in the process of stopping purchases from Myanmar, the company told Reuters on Thursday, as a result of a campaign by global workers' union IndustriALL to convince companies to divest from the country.

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18 Jul 2023 10:33

Ocado jumps on return to first-half underlying profit

First-half underlying profit 16.6 mln stg

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18 Jul 2023 09:34

Ocado hits five-month high after return to profit, keeping guidance

LONDON, July 18 (Reuters) - Ocado shares surged on Tuesday after the British online supermarket and technology group kept its financial guidance for the year as it reported a return to underlying profit in its first half.

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