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Pin to quick picksPremier Foods Share News (PFD)

Share Price Information for Premier Foods (PFD)

London Stock Exchange
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Share Price: 170.60
Bid: 170.40
Ask: 170.60
Change: 0.00 (0.00%)
Spread: 0.20 (0.117%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 170.60
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FTSE 100 ends flat as insurers overshadow miners boost

Tue, 23rd Jan 2024 17:10

Miners rise after talks of China stimulus

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AB Foods climb after results

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Crest Nicholson up on encouraging outlook

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FTSE 100 flat, FTSE 250 off 0.4%

Jan 23 (Reuters) - The UK's FTSE 100 was little changed on Tuesday as gains in metal miners were offset by losses in non-life insurers, while investors assessed earnings updates and awaited economic data for more clarity on the Bank of England's monetary easing plans.

The blue-chip FTSE 100 index was flat, while the midcap index FTSE 250 slipped 0.4%.

Industrial metal miners were the top gainers, soaring 2.1% in what was their best day in nearly six weeks as most metal prices climbed on a report that Chinese authorities were considering a rescue package for its stock market.

Miners such as Rio Tinto, Glencore and Anglo American rose between 2.2% and 1.8%.

Non-life insurers limited gains, falling 1.8%.

Investors also parsed Christmas trading updates from retailers to see how consumers are faring.

Shares of Premier Foods were down 0.1% even as the food producer reported a 14.4% jump in third-quarter sales, helped by strong festive season demand for its products. The stock touched a more-than-12-year high at market open.

Associated British Foods rose 0.8% after the retailer said it felt more confident of its Primark clothing business delivering an improved adjusted operating margin in the 2023/24 financial year. The unit posted slowing underlying sales growth in the Christmas quarter.

"Coming in the wake of recent positive updates from Next and Marks and Spencer, Primark owner AB Foods had a lot to live up to with its own quarterly trading update today, and it appears to have delivered with a strong performance across most of its business areas," said Michael Hewson, chief market analyst at CMC Markets UK.

Investors await readings on UK business activity as well as consumer confidence later this week to gauge how the British economy is faring and the BoE's interest rate trajectory.

Crest Nicholson fell 1.6%. The homebuilder reiterated its forecast of an encouraging calendar year despite a bigger-than-expected fall in its 2023 profit. (Reporting by Sruthi Shankar and Shubham Batra in Bengaluru; Editing by Mrigank Dhaniwala, Janane Venkatraman and Mark Heinrich)

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5 Oct 2020 17:55

British bread maker Hovis gets bid approach from Italy's Newlat Food

MILAN, Oct 5 (Reuters) - Milan-listed Newlat Food said on Monday it had made a non-binding offer for Hovis, the 134-year old British bread maker, which is owned by Premier Foods and The Gores Group.Buying Hovis, one of Britain's best known bread b...

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4 Oct 2020 16:33

Italy's Newlat Food has offered bid for Britain's Hovis - source

MILAN, Oct 4 (Reuters) - Italy's Newlat Food has presented a preliminary, non-binding offer to buy Hovis, the 134-year-old British bread maker, a source with knowledge of the matter said on Sunday.Hovis has also attracted the interest of private e...

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2 Sep 2020 19:36

TOP NEWS: ITV Bumped From FTSE 100 For B&M European Value Retail

TOP NEWS: ITV Bumped From FTSE 100 For B&M European Value Retail

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19 Aug 2020 21:13

Premier Foods Says Associate Of Non-Executive Wosner Sells Shares

Premier Foods Says Associate Of Non-Executive Wosner Sells Shares

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5 Aug 2020 16:20

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

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29 Jul 2020 12:06

IN BRIEF: Premier Foods Continues To Enjoy Boost From Home Eating

IN BRIEF: Premier Foods Continues To Enjoy Boost From Home Eating

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29 Jul 2020 09:12

Premier Foods Q2 sales rise 22.5%

(Sharecast News) - Mr Kipling, Bisto and Oxo owner Premier Foods reported a jump in first-quarter sales on Wednesday as more consumers ate at home during the coronavirus lockdown, but said this was expected to return to more normal levels as people start eating out again.

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22 Jul 2020 15:59

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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2 Jul 2020 09:45

UK BROKER RATINGS SUMMARY: Deutsche Bank Cuts BHP And Raises Rio Tinto

UK BROKER RATINGS SUMMARY: Deutsche Bank Cuts BHP And Raises Rio Tinto

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25 Jun 2020 16:27

UK DIRECTOR DEALINGS SUMMARY: New Domino's Pizza CEO Buys First Shares

UK DIRECTOR DEALINGS SUMMARY: New Domino's Pizza CEO Buys First Shares

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24 Jun 2020 12:05

LONDON MARKET MIDDAY: New Coronavirus Outbreaks Prompt Selling

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24 Jun 2020 10:49

UK WINNERS & LOSERS SUMMARY: Crest Nicholson Down After Profit Warning

UK WINNERS & LOSERS SUMMARY: Crest Nicholson Down After Profit Warning

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24 Jun 2020 09:59

Premier Foods Swings To Annual Profit Amid Strong Demand For Products

Premier Foods Swings To Annual Profit Amid Strong Demand For Products

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24 Jun 2020 09:08

UPDATE 2-London stocks sink on grim global growth forecast, fears of second virus wave

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* IMF cuts 2020 global output forecast* Builder Crest Nicholson tumbles on bleak forecast* Petrofac posts worst day in more than two months* Premier Foods, Naked Wines gain on u...

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24 Jun 2020 08:39

LONDON MARKET OPEN: Virus Second Wave Fears Wash Away Animal Spirits

LONDON MARKET OPEN: Virus Second Wave Fears Wash Away Animal Spirits

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