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Pin to quick picksNatwest Share News (NWG)

Share Price Information for Natwest (NWG)

London Stock Exchange
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Share Price: 307.20
Bid: 307.50
Ask: 307.70
Change: -6.30 (-2.01%)
Spread: 0.20 (0.065%)
Open: 314.00
High: 314.00
Low: 305.50
Prev. Close: 313.50
NWG Live PriceLast checked at -

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UK WINNERS & LOSERS SUMMARY: Microsaic Halves As Sales Process Ends

Tue, 22nd Dec 2020 10:47

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.

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FTSE 100 - WINNERS

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Barclays, up 2.8%, Lloyds Banking, up 2.7% and NatWest, up 2.6%. The UK lenders were gaining on hopes for a Brexit deal. The EU is mulling a fresh proposal on fishing rights from UK Prime Minister Boris Johnson as he bids to secure a last minute trade deal, Bloomberg reported late Monday. According to people familiar with the negotiations, Bloomberg said, the UK on Monday offered to give further ground if the EU backed down in other areas. The latest suggestion from Britain would see the EU reduce the value of fish it catches in UK water by around a third, with the UK last week pushing for a 60% cut. The European Commission is talking with national governments before responding, the people said.

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FTSE 100 - LOSERS

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Ocado, down 2.0%. The online grocer rallied 5.6% on Monday after the UK government imposed tighter restrictions on movement in much of the south east of England, and it was giving back some gains on Tuesday.

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FTSE 250 - WINNERS

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easyJet, up 3.3%. The airline said it has agreed with French aerospace firm Airbus to defer the delivery of aircraft that had been scheduled for the 2022 to 2024 financial years. The total number of aircraft being purchased has not changed. A total of 22 aircraft will be moved to the 2027 to 2028 financial years, and there will also be the movement of 15 delivery dates within the 2022 to 2024 to match forecast seasonal requirements more closely. In addition, easyJet had the option until the end of 2020 not to take up to 7 aircraft scheduled for delivery between the 2022 and 2026 financial year. The group has agreed with Airbus to reallocate the aircraft to which the option applies, to 7 aircraft due for delivery in 2025 and 2026. As a result, easyJet said it will take no deliveries in the 2021 financial year, 8 in 2022, 7 in 2023 and 18 in 2024. However there has been no change made to the total number of firm Airbus A320 NEO family aircraft outstanding orders.

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OTHER MAIN MARKET AND AIM - WINNERS

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CAP-XX, up 17%. The Australia-headquartered supercapacitors and energy management systems manufacturer said it has shipped made its first customer shipments of supercapacitors from its new production lines at its facility in Seven Hills, Sydney. CAP-XX noted the production of the supercapacitors to customers' requirements follows the successful installation of its Murata production lines. Positively, CAP-XX added it has seen a continued increase in the level of customer enquiries and sales orders. easyJet's financial year ends in September.

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OTHER MAIN MARKET AND AIM - LOSERS

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Microsaic Systems, down 58%. The developer of mass spectrometry instruments said its formal sale process has ended without securing any definitive offer for the company or any other solution which would provide sufficient funding to pursue its business plans. As a result, Microsaic has appointed KRE Corporate Recovery to explore "other remaining options". KRE will run a process to offer the business and the firm's assets for sale. "This process is expected to run until around the end of January 2021 and, based on facts presently known, the board believes that the company has sufficient cash to make essential, ongoing payments falling due during this period," said Microsaic.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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