Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video 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: 9,106.00
Bid: 9,134.00
Ask: 9,138.00
Change: 8.00 (0.09%)
Spread: 4.00 (0.044%)
Open: 9,240.00
High: 9,274.00
Low: 9,106.00
Prev. Close: 9,098.00
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 open: GKN leads UK stocks higher, but upside limited

Tue, 29th Jul 2014 09:09

- GKN, Next and Mondi impress with updates/results- St James's Place drops despite strong first half- West-Russia tensions rise as sanctions eyed- US data, Gaza in focustechMARK 2,780.14 +0.15%FTSE 100 6,806.28 +0.27%FTSE 250 15,662.90 +0.30%Strong gains from GKN, Next and Mondi helped UK markets higher on Tuesday morning, with stocks tracking gains in the US and Asia overnight.However, despite the positive start, dealer Jonathan Sudaria from Capital Spreads said that markets "aren't expected to make much headway as traders sit on the sidelines ahead of key US economic data but also today's European Union ambassadors meeting".The FTSE 100 was trading 0.3% higher at 6,806 in early tradingConsumer confidence, house-price data, economic growth figures and a host of labour-market indicators will be in focus Stateside over the coming days, culminating with the all-important US non-farm payrolls report on Friday. Meanwhile, Wednesday will see the latest policy decision from the Federal Reserve.Meanwhile, investors will also be keeping an eye on geopolitical tensions today with EU leaders set to approve fresh sanctions on Russia with measures likely to be imposed on banks and energy companies."Like the prior tit for tat exchange of token sanctions between the West and Russia, traders are concerned about how Russia will react and what they deem will be appropriate retaliatory action," Sudaria said.Ongoing fighting between Israel and Hamas is also expected to cap gains today as investors continue to watch developments closely after blasts in Gaza City and Eshkol yesterday. Over 1,000 Palestinians have now been killed as a result of the violence.GKN, Next and Mondi provide a liftGKN rose strongly this morning after saying that a good performance by its car driveshaft business fuelled 6% higher profits at the automotive and aerospace engineer in the first half to £296m. However, a strong pound saw sales fall 1%.Analysts celebrated a confident outlook from high street giant Next which lifted its sales and profit guidance for the full year after a strong first half.Packaging and paper group Mondi also said its bottom line is expected to beat forecasts this year, lifting the stock higher early on.Meanwhile, precious metal producers Randgold and Fresnillo were also on the rise this morning as gold and silver prices gained.Leading the fallers on the FTSE 100 was wealth manager St James's Place despite a seemingly strong first half as it hiked its interim dividend by 40% and posted record funds under management.Emerging-markets bank Standard Chartered was in demand this morning after JPMorgan Cazenove upgraded the stock from 'neutral' to 'overweight'.Oil major BP was volatile early on, but managed to register small gains. The company announced second-quarter profits 34% higher than the same period last year but said that further sanctions imposed on Russia "could have a material adverse impact" on its business and corporate relationships.FTSE 100 - RisersGKN (GKN) 362.20p +5.57%Next (NXT) 6,685.00p +2.53%Hammerson (HMSO) 610.00p +2.43%Randgold Resources Ltd. (RRS) 5,285.00p +2.22%Kingfisher (KGF) 301.40p +1.89%Mondi (MNDI) 1,080.00p +1.89%Standard Chartered (STAN) 1,244.50p +1.80%Fresnillo (FRES) 954.00p +1.49%Travis Perkins (TPK) 1,641.00p +1.30%Aggreko (AGK) 1,777.00p +1.14%FTSE 100 - FallersSt James's Place (STJ) 766.50p -2.97%Aberdeen Asset Management (ADN) 429.00p -1.38%Admiral Group (ADM) 1,468.00p -0.88%ITV (ITV) 204.40p -0.68%easyJet (EZJ) 1,336.00p -0.60%Royal Mail (RMG) 427.60p -0.56%Petrofac Ltd. (PFC) 1,121.00p -0.44%BG Group (BG.) 1,207.50p -0.37%Shire Plc (SHP) 4,924.00p -0.36%SABMiller (SAB) 3,318.50p -0.35%FTSE 250 - RisersJD Sports Fashion (JD.) 394.90p +2.31%Millennium & Copthorne Hotels (MLC) 585.00p +2.09%Thomas Cook Group (TCG) 120.00p +2.04%AL Noor Hospitals Group (ANH) 1,019.00p +1.95%Domino's Pizza Group (DOM) 553.00p +1.94%Elementis (ELM) 262.00p +1.79%Greencore Group (GNC) 278.80p +1.57%NMC Health (NMC) 462.00p +1.54%Rotork (ROR) 2,824.00p +1.47%Savills (SVS) 594.50p +1.45%FTSE 250 - FallersPetra Diamonds Ltd.(DI) (PDL) 196.10p -9.46%Exova Group (EXO) 227.90p -5.04%PayPoint (PAY) 1,033.00p -1.62%Jardine Lloyd Thompson Group (JLT) 1,040.00p -1.52%Brit (BRIT) 244.30p -1.49%Fidelity China Special Situations (FCSS) 109.70p -1.08%Alent (ALNT) 350.00p -0.99%Informa (INF) 485.90p -0.96%Balfour Beatty (BBY) 250.70p -0.91%Infinis Energy (INFI) 237.10p -0.84%BC
More News
1 Feb 2024 09:46

Barclays downgrades Next, says shares up with events

(Sharecast News) - Barclays downgraded Next on Thursday to 'equalweight' from 'overweight' but lifted the price target to 8,500p from 8,250p, as it said the valuation is now reasonable.

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
1 Feb 2024 07:42

LONDON BRIEFING: Shell profit falls; announces USD3.5 billion buyback

(Alliance News) - Stocks in London are set to follow New York into the red, after the US Federal Reserve quashed hopes of a March cut to interest rates and ahead of the Bank of England interest rate decision.

Read more
19 Jan 2024 12:04

LONDON MARKET MIDDAY: FTSE 100 edges up despite poor UK retail sales

(Alliance News) - The FTSE 100 edged higher on Friday at around midday, though the pound struggled after data showed that UK retail sales plunged in December.

Read more
19 Jan 2024 08:50

LONDON MARKET OPEN: FTSE 100 rises amid UK shock retail sales print

(Alliance News) - Stock prices in London outperformed on Friday's market open, after weaker-than-expected UK retail sales data appeared to stoke hopes of an earlier interest rate cut.

Read more
18 Jan 2024 09:16

LONDON BROKER RATINGS: Exane BNP cuts BAE; Liberum lifts Naked Wines

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

Read more
17 Jan 2024 12:36

IN BRIEF: Next adds Hargreaves Lansdown CFO Amy Stirling to board

Next PLC - Leicester, England-based clothing and homewares retailer - Appoints Amy Stirling to its board as an independent non-executive director, starting April 2. Stirling is the chief financial officer of wealth management platform operator Hargreaves Lansdown PLC. She joined Hargreaves in February 2022, having previously been CFO of the Virgin Group.

Read more
11 Jan 2024 12:02

Partying Britons boost Tesco and M&S at Christmas but cautious for new year

LONDON, Jan 11 (Reuters) - Britons splashed out on premium and party food at Tesco and Marks & Spencer over Christmas, prioritising treats at home over eating out, and favouring the biggest retailers for their festive spending in still tough economic conditions.

Read more
10 Jan 2024 11:16

UK's Sainsbury's in contact with government over Red Sea disruption

LONDON, Jan 10 (Reuters) - Sainsbury's is in regular contact with the UK government about the disruption to shipping in the Red Sea, the supermarket group said on Wednesday, in a sign of the nervousness of major importers about securing supplies.

Read more
10 Jan 2024 06:00

Retailers rush to avoid delays to spring collections due to Red Sea attacks

NEW YORK/LONDON, Jan 10 (Reuters) - Retailers worldwide are stocking up on goods before China's Lunar New Year holiday and seeking air or rail alternatives to transportation via the Red Sea in a scramble to avoid empty shelves this spring, executives and experts told Reuters.

Read more
9 Jan 2024 09:47

UK's B&M not expecting material impact from Red Sea attacks

LONDON, Jan 9 (Reuters) - British discount chain B&M does not expect any material impact from disruption to shipments through the Suez Canal due to attacks by Iran-backed Yemeni Houthi militants in the Red Sea, its CEO said on Tuesday.

Read more
9 Jan 2024 00:01

UK retailers report subdued Christmas spending: BRC

LONDON, Jan 9 (Reuters) - British retailers reported lacklustre sales around Christmas, according to industry data released on Tuesday which may add to concerns that the economy has tipped into a mild recession, less than a year before a likely national election.

Read more
8 Jan 2024 09:24

LONDON BROKER RATINGS: Barclays cuts Berkley and Barratt, ups Bellway

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

Read more
8 Jan 2024 07:17

LondonMetric buys warehouse for £21.2m for let to Next

(Sharecast News) - LondonMetric Property said it had bought a warehouse in Doncaster for £21.2m which will be let to fashion retailer Next for 13 years.

Read more
5 Jan 2024 08:57

LONDON BROKER RATINGS: Jefferies cuts Mondi to 'hold' from 'buy'

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

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.