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Pin to quick picksNational Grid Share News (NG.)

Share Price Information for National Grid (NG.)

London Stock Exchange
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Share Price: 882.00
Bid: 884.80
Ask: 885.00
Change: 9.20 (1.05%)
Spread: 0.20 (0.023%)
Open: 870.20
High: 886.20
Low: 869.20
Prev. Close: 872.80
NG. Live PriceLast checked at -

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FTSE 100 ends lower as miners drag; defence firms rally

Mon, 07th Aug 2023 17:05

Miners lead sectoral falls

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LSL slides on annual profit warning

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Eyes on Q2 UK GDP data

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FTSE 100 down 0.1%, FTSE 250 sheds 0.4%

Aug 7 (Reuters) - Britain's commodity-heavy FTSE 100 index ended lower, dragged by a fall in shares of heavyweight miners on worries around weak demand from China, while gains in financials and defence firms limited declines.

The FTSE 100 index fell 0.1%, while the more domestically-focussed FTSE 250 midcap index slipped 0.4%.

The industrial metals and mining sector dipped 0.1%, tracking declining copper prices on the back of surplus inventory and poor demand prospects from top metals consumer China.

"The growth (from China) we all expected has just not been there. You take China out of the equation and global demand is a lot weaker," said Stuart Cole, chief macro economist at Equiti Capital.

"So, the outlook for miners will be less certain going forward now."

Limiting declines, however, lenders climbed 0.8%, led by a 1.2% rise in HSBC Holdings while the aerospace and defence sector gained 1.4%.

The defence sector has rallied to record highs in recent days, with analysts pointing to increased geopolitical uncertainty as one of the drivers.

The FTSE 100 snapped a three-week winning streak last week, as investors assessed a widely expected quarter percentage point rate hike from the Bank of England, data pointing to slowing business activity across Europe and a surprise U.S. credit rating cut.

Investors now await second-quarter UK GDP data later in the week, along with inflation readings from the U.S. and China.

Meanwhile, mortgage lender Halifax said British house prices fell in July for a fourth month and the slide looks set to extend into 2024, but the market showed some signs of resilience despite a rise in borrowing costs.

The real estate and real estate investment trust sectors shed 0.7% and 0.6%, respectively.

LSL Property Services tumbled 10.6% after an annual profit warning due to subdued activity in the British mortgage market. (Reporting by Shreyashi Sanyal, Siddarth S, Rupali Chaudhary and Khushi Singh in Bengaluru; Editing by Eileen Soreng and Mark Potter)

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18 May 2023 10:25

National Grid reports strong year but warns of lower EPS

(Sharecast News) - National Grid reported a positive full-year financial performance on Thursday, but warned of lower earnings going forward as a result of regulatory changes in the UK.

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18 May 2023 09:36

TOP NEWS: National Grid ups dividend on revenue and profit jumps

(Alliance News) - National Grid PLC on Thursday lifted its annual dividend as profit and revenue surged, but warned its earnings per share is set to fall next year.

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14 May 2023 20:17

Sunday newspaper round-up: Tesco, National Grid, Morrisons

(Sharecast News) - Tesco's pension fund lost £9bn in value and fell into a deficit after multiple safe investments went sour. In particular, the fund is heavily exposed to so-called Liability Driven Investments. Those LDIs came unstuck in 2022 following a sharp rise in interest rates that left pension funds nursing heavy losses. Yet the grocer had no plans to pay more into the pension plan with a spokesman saying that the scheme was "in a strong position", "well-funded" and employing a different measure for estimating contributions then it was in fact "in surplus". - The Financial Mail on Sunday

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11 May 2023 15:43

UK earnings, trading statements calendar - next 7 days

Friday 12 May 
Allianz Technology Trust PLCQ1 Results
Balfour Beatty PLCTrading Statement
Beazley PLCQ1 Results
CMO Group PLCFull Year Results
Monday 15 May 
CentralNic Group PLCFull Year Results
Cerillion PLCHalf Year Results
Currys PLCTrading Statement
Diploma PLCHalf Year Results
Equals Group PLCTrading Statement
Finsbury Growth & Income Trust PLCHalf Year Results
Instem PLCFull Year Results
JPMorgan Multi-Asset Growth & Income PLCFull Year Results
Westminster Group PLCFull Year Results
Tuesday 16 May 
Angling Direct PLCFull Year Results
boohoo Group PLCFull Year Results
Britvic PLCHalf Year Results
Burford Capital LtdFull Year Results
Cornerstone FS PLCFull Year Results
DCC PLCFull Year Results
Essentra PLCTrading Statement
Greggs PLCTrading Statement
Hyve Group PLCHalf Year Results
Imperial Brands PLCHalf Year Results
Land Securities Group PLCFull Year Results
Likewise Group PLCFull Year Results
Marston's PLCHalf Year Results
Renew Holdings PLCHalf Year Results
Smartspace Software PLCFull Year Results
Vodafone Group PLCFull Year Results
Zytronic PLCHalf Year Results
Wednesday 17 May 
Auction Technology Group PLCHalf Year Results
Bank of Georgia Group PLCQ1 Results
British Land Co PLCFull Year Results
Experian PLCFull Year Results
JD Sports Fashion PLCFull Year Results
Keller Group PLCTrading Statement
Ninety One PLC and LtdFull Year Results
Redx Pharma PLCHalf Year Results
Sage Group PLCHalf Year Results
Scottish Mortgage Investment Trust PLCFull Year Results
TP ICAP Group PLCQ1 Results
Watches of Switzerland Group PLCTrading Statement
Thursday 18 May 
Brighton Pier Group PLCFull Year Results
BT Group PLCFull Year Results
Burberry Group PLCFull Year Results
ConvaTec Group PLCTrading Statement
easyJet PLCHalf Year Results
Energean PLCTrading Statement
Future PLCHalf Year Results
Helios Towers PLCQ1 Results
International Distributions Services PLCFull Year Results
Investec PLC and LtdFull Year Results
National Grid PLCFull Year Results
Nexus Infrastructure PLCHalf Year Results
Premier Foods PLCFull Year Results
Premier Miton Group PLCFull Year Results
TheWorks.co.uk PLCTrading Statement
Tritax EuroBox PLCHalf Year Results
Tyman PLCTrading Statement
Vesuvius PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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9 May 2023 17:27

UK stocks slide ahead of U.S. inflation data, BoE meet

IAG closes at over a two-month high

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3 May 2023 17:24

London stocks gain ahead of Fed rate decision; Lloyds drags

Coca Cola HBC AG rises on upbeat forecast

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28 Apr 2023 17:46

FTSE 100 bounces on energy boost, outpaces European peers in April

FTSE indexes end April higher; outperform STOXX

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25 Apr 2023 12:02

Shell pulls out of large carbon capture project in northern England

LONDON, April 25 (Reuters) - Shell has decided to pull out of the Northern Endurance Partnership, one of Britain's largest carbon capture and storage (CCS) projects aimed at decarbonising industrial clusters.

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23 Apr 2023 15:46

Sunday newspaper round-up: Inflation, National Grid, Rolls Royce

(Sharecast News) - Former Bank of England chief economist, Andy Haldane, believes that it is "pretty much nailed on" that inflation will halve over the next six months as energy price increases slow down. But in remarks to Sky News, Haldane cautioned that hikes in Bank Rate had yet to impact borrowing costs for many borrowers, especially those on fixed-rate mortgages. "The effects of the tightening so far haven't been fully felt. That would give me cause for pause. I'd think, hang on, the economy is still on unsteady legs right now. Much of the tightening that has already happened hasn't hit people's bank accounts. Perhaps now is the time to press the pause button and see what happens." - Guardian

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21 Apr 2023 09:12

LONDON BROKER RATINGS: Deutsche Bank cuts Severn Trent to 'hold'

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

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20 Apr 2023 20:02

TRADING UPDATES: Manolete Partners reports record new case investments

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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20 Apr 2023 09:47

LONDON BROKER RATINGS: Jefferies raises Direct Line; BoA cuts boohoo

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

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19 Apr 2023 09:48

LONDON BROKER RATINGS: Stifel likes Ryanair but not On The Beach

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

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18 Apr 2023 12:23

Britain has enough gas for summer demand, National Gas Transmission says

LONDON, April 18 (Reuters) - Britain will have sufficient gas supply to meet demand from April to September and is expected to sustain flows to Europe, the UK's National Gas Transmission company said on Tuesday.

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18 Apr 2023 10:19

Prices mixed on cooler weather and strong LNG arrivals

LONDON, April 18 (Reuters) - British and Dutch wholesale gas prices were mixed on Tuesday as strong arrivals of liquefied natural gas (LNG) reduced the impact of cooler weather forecast for this week and next.

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