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Share Price: 9,338.00
Bid: 9,330.00
Ask: 9,332.00
Change: 2.00 (0.02%)
Spread: 2.00 (0.021%)
Open: 9,326.00
High: 9,400.00
Low: 9,292.00
Prev. Close: 9,336.00
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Sector movers: Retailers mostly higher, but supermarket giants fall

Tue, 11th Feb 2014 13:49

Retail stocks were putting in a mixed performance in London on Tuesday with general retailers making gains while supermarket chains headed lower.Overall, the UK retail sector registered healthy growth in January, according to figures released this morning by British Retail Consortium (BRC) which showed that like-for-like (LFL) retail sales rose by 3.9% last month. However, according to Jefferies, the headline figure masks a sharp underlying shift, as some consumers cut back on their food spend to make way in their budgets to move house and spend more on clothing.Jefferies said there was a "very contrasting LFL development in food and non-food", with food LFL sales falling by 1.9% and non-food growing by nearly 10%."Non-food housing related items seem to be booming, with the qualitative commentary suggesting double-digit LFL growth for large ticket items typically linked to lifting housing transactions," the broker said.As such, DIY retailers such as B&Q owner Kingfisher and Homebase and Argos operator Home Retail were among the best performers today on the stock market.Also helping sentiment was homewares chain Dunelm which lifted its interim dividend by 11.1% after profits edged higher in its first half.Meanwhile, High Street retailers such as Sports Direct, M&S, Next and Debenhams were also making gains.On the other end of the scale, supermarket giants Tesco, Sainsbury and Morrison were off investors' shopping lists today after data from retail researchers Kantar Worldpanel showed that the UK grocery market expanded at its slowest rate since 2005 in the last three months.Market growth slowed slightly to 2.4% in the 12 weeks to February 2nd with Tesco and Morrisons both losing market share in the period as a result of declining sales and heightened competition from discount chains such as Aldi and Lidl.Top performing sectors so far todayIndustrial Metals & Mining 1,121.53 +3.14%General Retailers 2,787.47 +2.01%Oil Equipment, Services & Distribution 22,446.13 +1.90%Mining 17,027.86 +1.43%Life Insurance 6,932.24 +1.38%Bottom performing sectors so far todayFood & Drug Retailers 4,234.03 -1.57%Insurance (non-life) 1,852.89 -0.87%Electronic & Electrical Equipment 4,295.65 -0.80%Banks 4,685.14 -0.08%BC
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28 Mar 2023 07:56

LONDON BRIEFING: Diageo CEO to retire; UK shop inflation hits record

(Alliance News) - Stocks in London were set for a higher open on Tuesday, with investors feeling cautiously optimistic as the dust settles from the recent turmoil in the banking sector.

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28 Mar 2023 07:52

Next in talks to snap up Cath Kidston - report

(Sharecast News) - Retailer Next is in advanced talks to buy vintage-inspired brand Cath Kidston, it was reported on Tuesday.

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28 Mar 2023 06:55

LONDON MARKET EARLY CALL: Stocks called up, but optimism fragile

(Alliance News) - Stocks in London are set to open slightly higher on Tuesday, with testimony due from the Bank of England's governor, while figures show UK shop price inflation hit a record high this month.

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22 Mar 2023 15:49

UK earnings, trading statements calendar - next 7 days

Thursday 23 March 
C&C Group PLCTrading Statement
Carr's Group PLCFull Year Results
Energean PLCFull Year Results
Gulf Keystone Petroleum LtdFull Year Results
Inchcape PLCFull Year Results
Playtech PLCFull Year Results
Pollen Street PLCFull Year Results
Portmeirion Group PLCFull Year Results
Safestyle UK PLCFull Year Results
Wickes Group PLCFull Year Results
Friday 24 March 
Ceres Power Holdings PLCFull Year Results
JD Wetherspoon PLCHalf Year Results
NAHL Group PLCFull Year Results
Smiths Group PLCHalf Year Results
Sopheon PLCFull Year Results
Tribal Group PLCFull Year Results
Monday 27 March 
Aeorema Communications PLCHalf Year Results (TBC)
Belvoir Group PLCFull Year Results
Carnival PLCTrading Statement
CentralNic Group PLCFull Year Results
Crimson Tide PLCFull Year Results
Dialight PLCFull Year Results
eEnergy Group PLCHalf Year Results
Equals Group PLCFull Year Results
Hyve Group PLCTrading Statement
IQGeo Group PLCFull Year Results
Life Science REIT PLCFull Year Results
RTC Group PLCFull Year Results
SigmaRoc PLCFull Year Results
Tandem Group PLCFull Year Results
Thungela Resources LtdFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tuesday 28 March 
AG Barr PLCFull Year Results
Animalcare Group PLCFull Year Results
Bango PLCTrading Statement
Bellway PLCHalf Year Results
CPPGroup PLCFull Year Results
DigitalBox PLCFull Year Results
EKF Diagnostics Holdings PLCFull Year Results
Eleco PLCFull Year Results
Empresaria Group PLCFull Year Results
Flowtech Fluidpower PLCFull Year Results
Good Energy Group PLCFull Year Results
Impact Healthcare REIT PLCFull Year Results
James Fisher & Sons PLCFull Year Results
John Wood Group PLCFull Year Results
Marlowe PLCTrading Statement
Mortgage Advice Bureau Holdings PLCFull Year Results
Nanoco Group PLCHalf Year Results
Ocado Group PLCTrading Statement
Personal Group Holdings PLCFull Year Results
Petershill Partners PLCFull Year Results
Real Estate Investors PLCFull Year Results
Regional REIT LtdFull Year Results
S&U PLCFull Year Results
Softcat PLCHalf Year Results
Synthomer PLCFull Year Results
Team17 Group PLCFull Year Results
United Utilities Group PLCTrading Statement
VH Global Sustainable Energy Opportunities PLCFull Year Results
Xaar PLCFull Year Results
Wednesday 29 March 
abrdn Smaller Companies Income Trust PLCFull Year Results
Artisanal Spirits Co PLCFull Year Results
Big Technologies PLCFull Year Results
Central Asia Metals PLCFull Year Results
Dignity PLCFull Year Results
Ecora Resources PLCFull Year Results
Essentra PLCFull Year Results
Inspired PLCFull Year Results
Ithaca Energy PLCFull Year Results
Medica Group PLCFull Year Results
Michelmersh Brick Holdings PLCFull Year Results
Next PLCFull Year Results
Octopus Renewable Infrastructure Trust PLCFull Year Results
RM PLCFull Year Results
S4 Capital PLCFull Year Results
Strix Group PLCFull Year Results
Surgical Innovations Group PLCFull Year Results
tinyBuild IncFull Year Results
UP Global Sourcing Holdings PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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21 Mar 2023 09:05

British Land hails acquisitions of two parks and one retail warehouse

(Alliance News) - British Land Co PLC on Tuesday said it bought Capital Retail & Leisure Park in Preston, England, which is 300,000 square feet big and has a mix of retailers such as Next PLC, Home Bargains and Walgreens Boots Alliance Inc.

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6 Mar 2023 11:42

Jefferies upgrades Tesco, Kingfisher

(Sharecast News) - Jefferies has upgraded Tesco and Kingfisher, as part of a wider review of its UK retailer ratings.

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6 Mar 2023 09:48

LONDON BROKER RATINGS: DB cuts Reckitt; Jefferies likes Tesco

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

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24 Feb 2023 09:37

LONDON BROKER RATINGS: SocGen cuts Burberry; BofA cuts WH Smith

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

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23 Feb 2023 12:47

BofA upgrades Next to 'buy', says valuation discount not justified

(Sharecast News) - Analysts at BofA upgraded their recommendation for shares of Next from 'neutral' to 'buy', telling clients that the retailer's successful transition from online and directory to an omni-channel leader was underappreciated.

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22 Feb 2023 12:00

Sanderson Design signs 5-year licensing agreement with retailer Next

(Alliance News) - Sanderson Design Group PLC shares were up on Wednesday, after it said it has signed a "major" licensing agreement for its Clarke & Clarke brand with FTSE 100 retailer Next PLC.

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22 Feb 2023 10:08

Sanderson Design signs 'major' licensing agreement with Next

(Sharecast News) - AIM-listed luxury interior design and furnishings group Sanderson Design said on Wednesday that it had signed a "major" licensing agreement for its Clarke & Clarke brand with retailer Next.

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22 Feb 2023 07:54

LONDON BRIEFING: Shares to follow US down; Lloyds sets share buyback

(Alliance News) - Stocks in London were called lower on Wednesday, after Wall Street succumbed to selling pressure amid renewed fears about higher-for-longer interest rates.

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21 Feb 2023 10:25

Numis upgrades Currys, downgrades Next

(Sharecast News) - Numis upgraded Currys to 'reduce' from 'sell' and cut Next to 'hold' from 'buy' as it took a look at the UK retail sector, saying it has gone from "less bad" to "quite good" and changing its price targets on a raft of names.

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21 Feb 2023 10:17

LONDON BROKER RATINGS: BoA cuts DS Smith; Jefferies likes JTC

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

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9 Feb 2023 09:44

Liberum calls Next 'a clear winner'

(Sharecast News) - Analysts at Liberum took a fresh look at retailer Next on Thursday, stating the firm was "a clear winner", with multiple macro and micro drivers.

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