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Pin to quick picksNext Share News (NXT)

Share Price Information for Next (NXT)

London Stock Exchange
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Share Price: 9,368.00
Bid: 9,366.00
Ask: 9,370.00
Change: -58.00 (-0.62%)
Spread: 4.00 (0.043%)
Open: 9,452.00
High: 9,466.00
Low: 9,344.00
Prev. Close: 9,426.00
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Sector movers: Retail stocks boosted strong sales at John Lewis

Fri, 10th Jan 2014 15:35

General retail stocks were on shopping lists on Friday after strong results from High Street bellwether John Lewis and data showing a surge in online retail sales during December.According to the British Retail Consortium (BRC), overall retail sales rose at a year-on-year rate of 0.4% last month, down from 0.6% growth in November and lower than the 0.8% gain expected by analysts. However, the survey did find that online sales of non-food products surged by 19.2% compared with last year - the fastest rate of growth in four years.Online fashion retailers ASOS and N Brown were among the best performers in the retail sector today.Reports of a 23.6% jump in New Year same-store sales at John Lewis lifted sentiment in the industry today, following on from a record Christmas for the department store chain.Debenhams, which shocked the market with a profit warning last week, was a high riser in London today, up nearly 7%. Next, meanwhile, was benefitting from a ratings upgrade by Santander.JD Sports Fashion edged higher after saying it is on track to deliver annual profit in line with market expectations following a strong Christmas trading period. Like-for-like sales for the group's core Fascia stores in the 48 weeks to January 4th 2014 were said to be "marginally ahead" of the previous year. Sportswear retail rival Sports Direct was also in demand today.Bonmarche, the ladies fashion retailer which listed in London just two months ago, continued its steady rise after analysts at Investec initiated coverage on the stock with a 'buy' rating. The shares, up over 3% today, have now risen by 18% since the first day of dealings on November 20th.The broker said that the stock's valuation is "undemanding" given the company's "superior growth rate" and "multiple profit drivers".Top performing sectors so far todayPersonal Goods 24,298.13 +2.89%Industrial Transportation 3,273.53 +2.57%Forestry & Paper 10,803.67 +2.29%General Retailers 2,806.36 +1.82%Automobiles & Parts 8,982.85 +1.75%Bottom performing sectors so far todayTechnology Hardware & Equipment 1,150.80 -1.64%Food & Drug Retailers 4,255.97 -0.38%Tobacco 34,769.05 -0.28%Industrial Metals & Mining 1,295.97 -0.19%BC
More News
1 Feb 2024 13:34

Broker tips: Next, Marshalls, easyJet

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

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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.

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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:

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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.

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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.

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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.

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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:

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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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