Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOPHR.L Share News (OPHR)

  • There is currently no data for OPHR

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London close: Stocks end lower on Greek worries

Fri, 29th May 2015 17:42

Shares ended the week on a down note, as worries over Greece continued to weigh on investors' minds.Even so, speaking after the close of markets the Mediterranean country's economics minister, Giorgios Stathakis, said Athens will be able to repay the first tranche of its loans to the IMF on 5 June.The FTSE 100 finished the day lower by 0.80% or 56.49 points at 7,984.43. The Athens Stock Exchange's general index surrendered 1.4% to end the week at 825.38 points.Although markets are pricing in a 70% of a Greek default, traders are still sanguine regarding the risk of a Greek exit from the single currency area.Earlier in the day the latest GDP data showed Greece fell back into recession in the first quarter of the year."It's ultimately a question of when rather than if," said Brenda Kelly at London Capital Group."General crisis fatigue is setting in and while volatility exists, the lack of a protracted sell-off could indicate that perhaps markets are being slightly sanguine of the ramifications of this possibility."Data showed UK business confidence was at an eight-month high, in fact. The Lloyds Bank Business Confidence Barometer climbed 2% month-on-month to 55% in May, reaching its highest level since September on rising optimism about the economy and trading prospects.Ashtead, Morrison lead lossesAshtead was the worst performer on the Footsie, extending Thursday's losses, which came as competitor United Rentals dropped 6% from comments made at a KeyBanc capital markets conference where the firm played down its trading for May.Morrison was another poor performer on the top flight index after it became known the relationship between suppliers and retailers is set to be scrutinised by the Financial Reporting Council following Tesco's accounting scandal.Astrazeneca was in the red, despite announcing plans to collaborate with Lilly on immuno-oncology combination clinical trials on solid tumours.Topping the FTSE 100 was Associated British Foods after Goldman Sachs upgraded its shares to 'buy' from 'sell' and raised the price target to 3120p from 2755p, saying that the stock's 17% underperformance year-to-date offers an attractive entry point.Ophir Energy was another stock on the up thanks to a broker upgrade, with Barclays making the oil company one of its top sector picks.Market MoverstechMARK 3,303.90 -0.76%FTSE 100 6,984.43 -0.80%FTSE 250 18,154.42 -0.45%FTSE 100 - RisersAssociated British Foods (ABF) 3,028.00p +2.64%Fresnillo (FRES) 759.50p +2.57%Weir Group (WEIR) 2,024.00p +2.43%Randgold Resources Ltd. (RRS) 4,735.00p +1.13%Glencore (GLEN) 287.95p +0.77%Vodafone Group (VOD) 255.35p +0.65%Dixons Carphone (DC.) 475.40p +0.40%BHP Billiton (BLT) 1,379.50p +0.22%Direct Line Insurance Group (DLG) 337.20p +0.06%FTSE 100 - FallersAshtead Group (AHT) 1,120.00p -3.53%Morrison (Wm) Supermarkets (MRW) 171.00p -3.39%AstraZeneca (AZN) 4,372.50p -2.66%International Consolidated Airlines Group SA (CDI) (IAG) 554.00p -2.64%TUI AG Reg Shs (DI) (TUI) 1,159.00p -2.44%Old Mutual (OML) 221.10p -2.38%WPP (WPP) 1,540.00p -2.35%British American Tobacco (BATS) 3,605.50p -2.33%SABMiller (SAB) 3,494.00p -2.24%Sainsbury (J) (SBRY) 251.60p -2.18%FTSE 250 - RisersZoopla Property Group (WI) (ZPLA) 270.00p +4.65%Booker Group (BOK) 177.70p +4.53%Card Factory (CARD) 362.30p +4.50%Lonmin (LMI) 141.00p +3.37%Ophir Energy (OPHR) 131.40p +3.30%Spire Healthcare Group (SPI) 360.60p +2.85%JD Sports Fashion (JD.) 652.00p +2.68%Premier Oil (PMO) 163.20p +2.51%Centamin (DI) (CEY) 70.10p +2.34%esure Group (ESUR) 259.10p +2.29%FTSE 250 - FallersNMC Health (NMC) 760.50p -4.34%Renishaw (RSW) 2,400.00p -4.23%Synergy Health (SYR) 1,823.00p -3.80%Ocado Group (OCDO) 364.50p -3.62%Evraz (EVR) 168.60p -2.88%Bodycote (BOY) 743.50p -2.75%Balfour Beatty (BBY) 248.90p -2.70%Greencore Group (GNC) 329.20p -2.40%Bank of Georgia Holdings (BGEO) 1,869.00p -2.25%Fidessa Group (FDSA) 2,230.00p -2.15%
More News
6 Jun 2016 16:24

Ophir Energy says looking at range of equity investors for Fortuna project

CAPE TOWN, June 6 (Reuters) - Oil and gas explorer Ophir Energy Plc said on Monday it was talking to a range of equity investors, as well as gas buyers to help finance its Fortuna FLNG project in Equatorial Guinea, after Schlumberger walked away. "We've done all the work in a very difficul

Read more
6 Jun 2016 15:50

Equatorial Guinea blames Schlumberger for quitting LNG project

CAPE TOWN, June 6 (Reuters) - Equatorial Guinea's energy minister on Monday said U.S. company Schlumberger walked away from talks with Ophir over the development of the Fortuna LNG project because it wanted to "monopolise everything." But Gabriel Obiang Lima said he was confident the projec

Read more
2 Jun 2016 08:00

FTSE quarterly review confirms raft of changes to 100 and 250 indices

(ShareCast News) - Hikma Pharmaceuticals' promotion to the FTSE 100 index was confirmed after the latest quarterly review was announced overnight, while demoted blue chip Inmarsat was joined in the FTSE 250 by three recently floated finance groups CYBG, CMC Markets and Metro Bank plus several others

Read more
1 Jun 2016 17:11

Hikma to replace Inmarsat in FTSE 100 index

LONDON, June 1 (Reuters) - Hikma Pharmaceuticals will be promoted to Britain's benchmark FTSE 100 equity index after a sharp rally in its shares since March, while satellite company Inmarsat will drop out of the FTSE. A spokesman for the London Stock Exchange announced the change via telep

Read more
1 Jun 2016 16:14

Hikma Pharmaceuticals Rejoins FTSE 100, Smurfit Kappa Joins FTSE 250

Read more
31 May 2016 09:47

WINNERS & LOSERS SUMMARY: Alliance Trust Rises On RIT Approach

Read more
31 May 2016 08:29

BROKER RATINGS SUMMARY: Shore Capital Raises Brewin Dolphin To Buy

Read more
19 May 2016 15:55

LONDON MARKET CLOSE: US June Rate Hike Prospect Slams Miners

Read more
4 May 2016 08:30

BROKER RATINGS SUMMARY: Bernstein Downgrades Morrisons To Underperform

Read more
3 May 2016 15:50

Tuesday broker round-up

(ShareCast News) - Tullow Oil: Goldman Sachs upgrades to buy with a 274,30p target. RSA Insurance: Barclays upgrades to overweight with a 545p target. RBS: UBS reiterates neutral with a target price of 250p Barclays reiterates equal-weight with a target of 270p and Goldman Sachs stays at buy with 3

Read more
3 May 2016 15:15

AGM, EGM Calendar - Week Ahead

Read more
3 May 2016 08:34

BROKER RATINGS SUMMARY: UBS Downgrades RBS To Neutral From Buy

Read more
29 Apr 2016 15:51

LONDON MARKET CLOSE: RBS, IAG Lead FTSE 100 Fallers Ahead Of Break

Read more
29 Apr 2016 14:51

FTSE 250 movers: Restaurant Group sinks as revenues lift Rotork

(ShareCast News) - The FTSE 250 was down in afternoon trading on Friday, as investors picked their way through a raft of corporate earnings and as data showed the eurozone fell further into deflation in April. Valve maker Rotork was among the index leaders in afternoon trading, after it reported a 0

Read more
29 Apr 2016 11:08

LONDON MARKET MIDDAY: BoJ And Apple Hit UK Stocks Ahead Of Break

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.