focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNext Share News (NXT)

Share Price Information for Next (NXT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 9,298.00
Bid: 9,292.00
Ask: 9,298.00
Change: 2.00 (0.02%)
Spread: 6.00 (0.065%)
Open: 9,324.00
High: 9,330.00
Low: 9,250.00
Prev. Close: 9,296.00
NXT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London close: Equities drop after worse-than-forecast non-farms

Fri, 04th Sep 2015 16:11

(ShareCast News) - Equities in the UK market ended lower on Friday after the US non-farm payrolls report missed forecasts.American employers added 173,000 jobs in August following an upwardly revised 245,000 in July, data released on Friday by the Labor Department showed.The figure was the smallest gain in five months and fell way short of the 215,000 figure analysts had expected. Nonetheless, the previous two months' tallies were revised higher by a combined 44,000. The unemployment rate fell to 5.1% from 5.3% to reach its lowest level since April 2008, while employment gains for July and June were revised up by a combined 44,000."August's employment report is fairly mixed and can be used to make a case for or against a rate hike at the upcoming FOMC meeting," said Capital Economics. "As far as we're concerned, the September meeting is a 50-50 toss up. Nevertheless, even if the Fed doesn't hike rates this month, it won't leave rates at near-zero for much longer given that it either has (or is close to) fulfilling the full employment part of its dual mandate."Following the jobs report, Richmond Fed president Jeffrey Lacker described it as "a pretty much right down the middle of the fairway sort of employment report". He added that direct implications of the recent market turmoil for the US economy appear to be quite limited."I am not arguing that the economy is perfect, but nor is it on the ropes, requiring zero interest rates to get it back into the ring," Lacker said in the text of a speech delivered on Friday."It's time to align our monetary policy with the significant progress we have made."Back over on this side of the pond, a BDO survey showed UK retail sales in August were the weakest since the financial crisis, falling 4.3% compared to the same month last year. BDO's research found that most parts of the high street suffered as the summer rains swept in, with sales of fashion falling 5.5%, homewares knocked 3.3% lower and lifestyle goods down 1.3% year-on-year.British new car registrations surged in August, as buyers were buoyed by new financing deals, the Society of Motor Manufacturers and Traders said. New car registrations jumped 9.6% year-on-year last month to 79,060 units, after growing 3.2% in July and 12.9% in June.Eurozone retail sales activity expanded at a slower pace in August, Markit revealed. The purchasing mangers' index fell to 51.4 last month from 54.2 in July. However, it was above the 50 level that separates expansion from contraction.Among corporate stocks, GVC Holdings slumped despite finally beating rival 888 Holdings in the battle for online gambling group Bwin.Party Digital Entertainment. Bwin's shares rose.Next was a top faller following the BDO survey and a downgrade by Exane BNP Parabas from 'neutral' to 'underperform'.Anglo American dropped amid news the company is in talks to sell its Rustenburg platinum mines in South Africa to Sibanye Gold.Hikma Pharmaceuticals rose after Goldman Sachs upgraded the stock to 'buy' from 'neutral' and lifted its price target to 2,840p from 2,210p. "We see the acquisition of Roxane Labs as the realisation of large transformational M&A that we had expected to be a key catalyst." GS said the deal makes Hikma the sixth-largest player in the US generics market and offers potential to further improve its market position, with the acquired high-value pipeline playing a key role.Oil giant BP was under the cosh after Bank of America Merrill Lynch downgraded it to 'underperform' from 'neutral' and slashed its price target to 330p from 420p.Engineering group GKN was also under pressure after Investec downgraded the stock to 'hold' from 'buy' and cut its price target to 300p from 370p.More general, heavily-weighted mining stocks suffered the brunt of the losses, with Glencore, Antofagasta, BHP Billiton, Rio Tinto and Fresnillo all in the red as metals prices declined across the board, with the exception of aluminium.Market MoverstechMARK 3,059.92 -1.44%FTSE 100 6,042.92 -2.44%FTSE 250 16,808.02 -1.63%FTSE 100 - RisersHikma Pharmaceuticals (HIK) 2,350.00p +0.30%International Consolidated Airlines Group SA (CDI) (IAG) 565.00p +0.09%FTSE 100 - FallersAnglo American (AAL) 668.50p -7.79%Glencore (GLEN) 123.15p -5.96%Antofagasta (ANTO) 564.50p -5.36%BHP Billiton (BLT) 1,052.00p -5.23%BP (BP.) 337.90p -5.04%Rio Tinto (RIO) 2,235.00p -4.53%Dixons Carphone (DC.) 412.30p -4.32%Fresnillo (FRES) 596.00p -4.18%Randgold Resources Ltd. (RRS) 3,722.00p -4.12%Experian (EXPN) 1,052.00p -4.01%FTSE 250 - RisersOneSavings Bank (OSB) 379.70p +2.07%NMC Health (NMC) 759.50p +1.88%Booker Group (BOK) 178.20p +1.14%BBA Aviation (BBA) 297.50p +1.12%Daejan Holdings (DJAN) 6,065.00p +1.00%Moneysupermarket.com Group (MONY) 336.60p +0.93%Computacenter (CCC) 780.00p +0.65%3i Infrastructure (3IN) 167.00p +0.60%HICL Infrastructure Company Ltd (HICL) 152.80p +0.53%AL Noor Hospitals Group (ANH) 854.50p +0.53%FTSE 250 - FallersVedanta Resources (VED) 511.00p -12.43%Kaz Minerals (KAZ) 149.70p -8.16%Premier Oil (PMO) 94.50p -7.17%Tullow Oil (TLW) 200.40p -6.92%Lonmin (LMI) 27.44p -5.25%Hunting (HTG) 469.80p -5.24%Serco Group (SRP) 105.50p -5.21%Amec Foster Wheeler (AMFW) 778.50p -4.65%Bwin.party Digital Entertainment (BPTY) 110.00p -4.51%Petrofac Ltd. (PFC) 845.00p -4.14%FTSE TechMARK - RisersUCW Limited (UCW) A$0.01 +7.14%Torotrak (TRK) 6.37p +4.51%Dialight (DIA) 627.00p +3.47%Gresham Computing (GHT) 104.00p +1.96%Skyepharma (SKP) 338.00p +1.50%CML Microsystems (CML) 352.50p +1.44%Spirent Communications (SPT) 80.00p +0.95%Ricardo (RCDO) 889.50p +0.79%SDL (SDL) 370.25p +0.61%IShares Euro Gov Bond 7-10YR UCITS ETF (IEGM) € 200.65 +0.34%FTSE TechMARK - FallersTriad Group (TRD) 37.50p -8.54%Oxford Biomedica (OXB) 7.50p -4.82%XP Power Ltd. (DI) (XPP) 1,575.00p -3.67%KCOM Group (KCOM) 93.00p -3.12%BATM Advanced Communications Ltd. (BVC) 17.62p -2.76%RM (RM.) 170.00p -2.58%Filtronic (FTC) 7.12p -1.72%Oxford Instruments (OXIG) 818.50p -1.56%Sepura (SEPU) 175.75p -0.99%Innovation Group (TIG) 39.75p -0.62%
More News
11 Oct 2023 16:48

PRESS: Next eyes up FatFace in GBP100 million deal - Sky News

(Alliance News) - Sky News on Thursday reported that Next PLC is lining up FatFace as its latest high street takeover deal.

Read more
11 Oct 2023 15:01

London close: Stocks weaker amid Gaza tensions, hot US producer prices

(Sharecast News) - Stocks in London ended in the red on Wednesday, impacted by heightened concerns regarding global inflation and ongoing situations in the Middle East.

Read more
11 Oct 2023 12:50

Next close to snapping up FatFace in £100m deal - report

(Sharecast News) - Next is reportedly close to snapping up FatFace in a deal worth more than £100m.

Read more
9 Oct 2023 15:40

London close: Stocks slip into red on growing Middle East concerns

(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.

Read more
9 Oct 2023 10:33

JPMorgan places Next, AB Foods on 'negative catalyst watch'

(Sharecast News) - JPMorgan Cazenove placed the shares of Next and Primark owner Associated British Foods on 'negative catalyst watch' on Monday as it took a look at the European general retail sector.

Read more
9 Oct 2023 08:54

LONDON BROKER RATINGS: Numis raises Rotork and cuts Bodycote

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

Read more
9 Oct 2023 07:42

LONDON BRIEFING: Metro Bank secures deal to shore up finances

(Alliance News) - Stocks in London are set to open higher on Monday as interest rate expectations held steady despite Friday's bumper US nonfarm payrolls report.

Read more
2 Oct 2023 17:17

TOP NEWS: Next CFO to step down next year; announces successor

(Alliance News) - Next PLC on Monday announced that Chief Financial Officer Amanda James has decided to retire from full-time work and will step down from its board on July 26, 2024.

Read more
2 Oct 2023 15:00

Next CFO Amanda James to step down next year

(Sharecast News) - Clothing and homeware retailer Next said on Monday that chief financial officer Amanda James plans to step down from the board in July 2024 after 28 years with the company.

Read more
26 Sep 2023 09:23

LONDON BROKER RATINGS: RBC likes Bellway, Redrow among housebuilders

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

Read more
22 Sep 2023 09:33

LONDON BROKER RATINGS: BoA likes Dowlais; JPMorgan cuts Phoenix Group

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

Read more
22 Sep 2023 08:42

LONDON MARKET OPEN: Stocks slip after central bank rate calls

(Alliance News) - Stock prices in London opened lower on Friday, but managed to avoid the steep declines seen in New York, as investors mulled over an eventful week dominated by central bank decisions.

Read more
21 Sep 2023 16:56

LONDON MARKET CLOSE: Hawkish Fed hits risk appetite as BoE hurts pound

(Alliance News) - Stock prices in Europe closed lower on Thursday as hawkish words from the Federal Reserve hit equities, while the FTSE 100 ended off morning lows but failed to cling onto the gains it made after the Bank of England stood pat on interest rates.

Read more
21 Sep 2023 12:20

LONDON MARKET MIDDAY: Sterling slumps as BoE ends hiking streak

(Alliance News) - Stocks in London perked up heading into Thursday afternoon after the Bank of England, like the Federal Reserve, decided against a hike, hurting the pound.

Read more
21 Sep 2023 09:47

TOP NEWS: Next raises annual guidance on sales and profit boost

(Alliance News) - Next PLC on Wednesday said profit and sales both increased around 5% in its latest half year and raised its full year guidance, adding that it expects inflationary pressures to ease in financial 2025.

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.