Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.

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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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Pin to quick picksNext Share News (NXT)

Share Price Information for Next (NXT)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 9,120.00
Bid: 9,122.00
Ask: 9,126.00
Change: 16.00 (0.18%)
Spread: 4.00 (0.044%)
Open: 9,156.00
High: 9,156.00
Low: 8,972.00
Prev. Close: 9,104.00
NXT Live PriceLast checked at -

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London pre-open: FTSE to extend Thursday's decline

Fri, 03rd Jan 2014 07:26

City sources predict the FTSE 100 will open eight points below yesterday's close of 6,717.91, extending yesterday's losses after stocks in both the US and Asia declined overnight. The falls have been prompted by a raft of economic data out this week, which included less-than-impressive Chinese purchasing managers' indices from the manufacturing and services sectors, as well as slowing manufacturing growth in the UK and US.Craig Erlam, an analyst at Alpari, said: "I don't think these losses are anything to be concerned about, despite it being the first time since 2008 that we've seen a negative first trading day of the year. "This just appears to be a little bit of profit taking after indices in the US ended 2013 at record highs. I still believe January is going to be another good month for the markets, we've just had a bit of a rocky start."On today's agenda will be the release of UK mortgage approvals and construction figures. Mortgage approvals are tipped to edge up to 69,700 in November from 67,700 the prior month, while the purchasing managers' index for construction is expected to ease back to 62 in December from 62.6 in November. Later on in the US, Federal Reserve's outgoing Chairman Ben Bernanke will give a speech, which may provide clues as to whether the central bank will further reduce monetary stimulus at this month's meeting. Bernanke, who steps down this month, announced at the last meeting that the Fed would begin scaling back monthly bond purchases to $75bn from $85bn.In this morning's UK-listed company news, Next has raised its full-year profit forecast after achieving a rise in fourth-quarter sales ahead of the UK retailer's expectations. The company expects pre-tax profit between £684-700m for the year to January 25th 2014, up 10-12.6% on the prior year. It comes off the back of a strong fourth quarter with Next Retail sales up 7.7%. In the year-to-date sales grew 1.2%.United Arab Emirates healthcare provider NMC Health said its results for 2013 were expected to be in line with expectations, with growth seen in both its healthcare and distribution divisions throughout the 12-month period. The group's net debt position, capital expenditure and operational cash flow were all also anticipated to be in line with management expectations.APR Energy, which operates in the fast-track power solutions industry, has extended an existing 70 megawatt diesel power module contract with the Botswana Power Corp. for a further 12-month period. It was first appointed by the national electric utility in 2009 to counteract electricity shortages driven by demand growth and supply constraints in the Southern Africa region.NR
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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.

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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.

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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.

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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.

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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.

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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.

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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:

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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.

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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:

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4 Jan 2024 17:03

FTSE 100 rebounds as Next outweighs slump in JD Sports

Next shines on profit forecast hike

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4 Jan 2024 16:54

LONDON MARKET CLOSE: Stocks up ahead of US nonfarm payrolls

(Alliance News) - Stock prices in London closed higher on Thursday, as investors eye the latest US non-farms data.

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4 Jan 2024 13:35

UK'S Sainsbury's to spend 200 mln stg on 9% rise in workers pay

LONDON, Jan 4 (Reuters) - British supermarket group Sainsbury's said on Thursday it would invest 200 million pounds ($254 million) on raising the pay of 120,000 workers by more than 9% to a level above the new rate of the government-mandated national minimum wage.

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4 Jan 2024 13:07

London close: Stocks rise as US jobless claims slow

(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.

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4 Jan 2024 12:09

LONDON MARKET MIDDAY: Retailers Next and JD Sports bookend FTSE 100

(Alliance News) - Stock prices in London were slightly higher at midday on Thursday, with the FTSE 100 looking set to snap the two-day losing streak it suffered at the start of the year.

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4 Jan 2024 11:25

Red Sea attacks could moderate growth at UK's Next, says CEO

LONDON, Jan 4 (Reuters) - British clothing retailer Next's sales growth will likely be moderated if disruption to shipments through the Suez Canal due to attacks by Iran-backed Yemeni Houthi militants in the Red Sea continues through 2024, its boss said on Thursday.

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