The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNational Grid Share News (NG.)

Share Price Information for National Grid (NG.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 864.00
Bid: 862.40
Ask: 940.00
Change: 0.00 (0.00%)
Spread: 77.60 (8.998%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 864.00
NG. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK's FTSE 100 rises on mining boost; Fed decision awaited

Wed, 14th Jun 2023 17:28

Retail, films drive modest UK economic growth

*

Entain to buy Polish betting operator, shares slump

*

Vodafone gains after $19 bln deal with CK Hutchison

*

Aston Martin gains on Jefferies rating upgrade

*

FTSE 100 up 0.1%, FTSE 250 down 0.1%

By Shashwat Chauhan, Khushi Singh

June 14 (Reuters) - UK's FTSE 100 rose on Wednesday as mining stocks extended gains, tracking higher metal prices, while Robert Walters' profit warning weighed on fellow recruitment firms listed on the midcap index. The resource-heavy FTSE 100 rose 0.1%, its third straight session of gains.

Industrial metal miners continued their recent rally, gaining 2.8% as copper prices rose on a softer dollar and expectations of further stimulus to boost growth in top consumer China.

The domestically focused FTSE 250 midcap index edged 0.1% lower as recruitment firms Hays and Pagegroup lost 6.3% and 6.2%, respectively, following Robert Walters' warning that its profit may be significantly lower than market expectations.

Robert Walters shares tanked 13.7%.

Investors awaited the U.S. Federal Reserve's decision on interest rates later in the day, while the European Central Bank will announce its decision on interest rates on Thursday.

"The path that the Fed sees for interest rates in the U.S. is going to set the tone for global markets for the rest of this month," said Giles Coghlan, chief market analyst at HYCM.

Official UK data

showed retailers and the film industry helped Britain's economy inch higher in April, despite contractions in manufacturing and construction, reflecting slow growth rather than recession. A strong labour market report on Tuesday increased the odds for the Bank of England to raise rates once again when it meets next week.

Vodafone gained 0.6% after the mobile operator and CK Hutchison struck a $19 billion deal to merge their British mobile operations.

Gaming company Entain dropped 8.7% on a deal to buy Poland's STS Holdings.

Aston Martin advanced 7.1% after Jefferies upgraded the luxury carmaker's rating to "hold" from "underperform".

Games Workshop Group jumped 5.9% after the miniature wargame maker forecast higher full-year earnings.

British equities have seesawed in a narrow range for the last few sessions on concerns over persistent BoE rate hikes and volatility in commodity prices.

text_section_type="notes" For related prices, Reuters users may click on - * UK stock report FTSE index: techMARK 100 index: FTSE futures: Gilt futures: Smallcap index: FTSE 250 index: FTSE 350 index: Market digest: Top 10 by vol: Top price gainers: Top % gainers: Top price losers: Top % losers:

More News
19 Mar 2024 09:37

NextEnergy Solar's energy storage asset starts commercial operations

(Alliance News) - NextEnergy Solar Fund Ltd on Tuesday said Camilla, its maiden 50 megawatt energy storage asset in Scotland, has successfully started operations.

Read more
19 Mar 2024 06:44

Extra GBP58 billion funding for GB electricity grid needed — report

(Alliance News) - An additional GBP58 billion will need to be invested in Great Britain's electricity grid in the first half of the next decade to ensure that it can supply the power to keep homes and businesses going, a new report has found.

Read more
27 Feb 2024 12:23

IN BRIEF: Weir appoints National Grid finance chief as a director

Weir Group PLC - London-based speciality chemicals and sustainable technology firm - Appoints National Grid PLC Chief Financial Officer Andy Agg as an independent non-executive director, effective immediately. Says he brings "significant" financial experience to the Weir board in light of his role as National Grid CFO. Also announces that Independent Non-Executive Director Srinivasan Venkatakrishnan will step down, effective from March 31, to pursue other opportunities. Weir Chair Barbara Jeremiah says: "Andy has built a long and successful career as a finance leader, and he brings to the board both his financial and commercial acumen, experience in leading significant transformation programmes and significant transactional experience. We look forward to working with Andy as we drive forward our strategic objectives for Weir."

Read more
22 Feb 2024 09:49

LONDON BROKER RATINGS: Berenberg raises Moneysupermarket.com to 'buy'

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

Read more
5 Feb 2024 07:42

LONDON BRIEFING: Stocks expected to start week up slightly amid PMIs

(Alliance News) - Stocks in London are set to open slightly higher on Monday, ahead of a slew of purchasing managers' index readings.

Read more
1 Feb 2024 11:08

Gresham House Energy favours buyback over payout; commissioning slow

(Alliance News) - Gresham House Energy Storage Fund PLC on Thursday said it decided against declaring a dividend for the fourth quarter of 2023 as it continued to be hurt by a weak revenue environment.

Read more
1 Feb 2024 09:03

LONDON BROKER RATINGS: Barclays cuts Next; JPMorgan raises easyJet

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

Read more
26 Jan 2024 23:06

Equinor, Orsted bid for better contract in NY offshore wind auction

Jan 26 (Reuters) - New York State said on Friday it received bids to supply power from three offshore wind projects in its expedited fourth solicitation that allowed developers to exit old contracts and re-offer projects at higher prices.

Read more
26 Jan 2024 18:34

Equinor and Orsted among bidders in NY offshore wind auction

Jan 26 (Reuters) - New York state said on Friday it received bids to supply power from three offshore wind projects in its expedited fourth solicitation that allowed developers to exit old contracts and re-offer projects at higher prices.

Read more
25 Jan 2024 11:00

Big turnout expected in New York offshore wind power auction

Jan 25 (Reuters) - Several offshore wind developers will likely bid in New York's fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, Equinor and BP.

Read more
23 Jan 2024 15:00

Startup AiDash raises $50 million for tech using AI, satellites to spot wildfire risk

Jan 23 (Reuters) - A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported on Tuesday it had raised $50 million in new funding, reflecting Silicon Valley efforts to create products that help energy companies adapt to climate change.

Read more
17 Jan 2024 13:48

Shell approves plan to develop North Sea gas field

LONDON, Jan 17 (Reuters) - Shell has given the financial go-ahead for the development of the Victory gas field in the British North Sea, the latest development aimed at boosting the energy giant's production in the ageing basin.

Read more
15 Jan 2024 09:11

LONDON BROKER RATINGS: Exane BNP cuts HSBC; Peel Hunt raises Hammerson

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

Read more
11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

*

Read more
8 Jan 2024 17:07

FTSE 100 lags European peers as oil drags

Shell drops; flags Q4 writedown on Singapore assets

*

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.