Less Ads, More Data, More Tools Register for FREE

Pin to quick picksQuilter Share News (QLT)

Share Price Information for Quilter (QLT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 119.20
Bid: 119.00
Ask: 119.20
Change: 1.60 (1.36%)
Spread: 0.20 (0.168%)
Open: 118.60
High: 119.20
Low: 116.80
Prev. Close: 117.60
QLT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

LONDON MARKET MIDDAY: Investors shake off pre-US inflation nerves

Wed, 24th Apr 2024 11:55

(Alliance News) - The FTSE 100 in London was higher at midday on Wednesday, as investors look ahead to the US Federal Reserve's next test on Friday.

The FTSE 100 index was up 38.40 points, 0.5%, at 8,083.21. The FTSE 250 was down 3.41 points at 19,796.31, and the AIM All-Share was up 0.1 of a point at 754.97.

The Cboe UK 100 was up 0.5% at 807.00, the Cboe UK 250 was down 0.2% at 17,120.95, and the Cboe Small Companies was up 0.4% at 15,342.82.

In European equities on Wednesday, the CAC 40 in Paris was up 0.3%, while the DAX 40 in Frankfurt was up 0.2%.

"Markets seem to have put a wobble inspired by Middle East tensions and interest rate worries behind them for now, with Friday's core PCE reading of US inflation the next key test. If this suggests inflationary pressures are looking entrenched it could lead to a further scaling back of rate cut expectations across the pond," said AJ Bell's Russ Mould.

Friday's US PCE reading is expected to show the annual core PCE inflation measure, the Fed's preferred gauge, eased to 2.6% in March from 2.8% in February.

Francesco Pesole at ING said the PCE data is one of the "major risk events for the dollar in the coming days."

There is also a US gross domestic product reading out on Thursday, as well as the weekly initial jobless claims data.

Before that, though, there is a US durable goods orders reading at 1330 BST on Wednesday.

The pound was quoted at USD1.2431 at midday on Wednesday in London, down compared to USD1.2440 at the equities close on Tuesday. The euro stood at USD1.0689, lower against USD1.0699. Against the yen, the dollar was trading at JPY154.91, up compared to JPY154.77.

In the FTSE 100, Reckitt jumped 5.3%.

Reckitt reported a strong start to 2024 for its Hygiene business, offsetting a significant decline in Nutrition and allowing the company to maintain its guidance for annual revenue and profit growth.

The Slough, England-based consumer goods maker also got some growth from its Health division.

"We have delivered a good first quarter," said Chief Executive Officer Kris Licht. "Following a period of price-led growth, we are now returning to a more balanced contribution from price, mix and volume. We grew volumes in many of our 'powerbrands' in the quarter, including Lysol, Dettol, Durex and Finish, as well as our non-seasonal [over-the-counter] portfolio."

Lloyds Banking rose 2.8%.

Lloyds said pretax profit came in at GBP1.63 billion in the first quarter, down 28% from GBP2.26 billion annually. Net income fell to GBP4.24 billion, down 9% from GBP4.65 billion.

Lloyds CET1 ratio fell to 13.9% from 14.1%.

"The group is continuing to deliver in line with expectations in the first quarter of 2024, with solid net income, cost discipline and strong asset quality. Our performance provides us with further confidence around our strategic ambitions and 2024 and 2026 guidance," said CEO Charlie Nunn.

On the other hand, Croda International lost 3.5%, after it reported a drop in sales over the first quarter of 2024.

The Yorkshire, England-based chemicals company said sales in the first quarter fell 14% to GBP409 million from GBP477 million last year.

Despite the drop in sales, Croda reaffirmed its guidance for the year expecting an adjusted pretax profit between GBP300 million and GBP360 million.

In the FTSE 250, Quilter edged up 4.4%.

The London-based wealth manager reported growth in assets under management & administration, and net flows in the first quarter of 2024, demonstrating tentative signs of improving market sentiment.

"We are pleased to report that our first quarter net flows are running at double the level experienced last year, reflecting the momentum in our business, actions we have taken and tentative signs of improving market sentiment," Quilter CEO Steven Levin said.

On London's AIM, Filtronic surged 61%.

The company said that revenue in financial 2024 will now be marginally ahead of expectations and Ebitda will be significantly ahead of expectations.

Further, revenue and Ebitda in financial 2025 will be "significantly" ahead of market expectations.

In a separate announcement, Filtronic said it has entered into a strategic partnership and commercial agreement with Space Exploration Technologies. Space Exploration designs, manufactures, launches and operates rockets and spacecraft.

Stocks in New York were called to open mixed. The Dow Jones Industrial Average was called down slightly. The S&P 500 index were called up 0.1%, and the Nasdaq Composite up 0.5%.

Brent oil was quoted at USD88.10 a barrel at midday in London on Wednesday, up from USD87.76 late Tuesday.

Gold was quoted at USD2,317.42 an ounce, lower against USD2,322.78.

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
3 Jun 2024 17:00

LONDON MARKET CLOSE: FTSE 100 down amid shaky start in New York

(Alliance News) - The FTSE 100 in London closed lower on Monday, marking a mixed start to June, with GSK firmly at the bottom of the index.

Read more
3 Jun 2024 09:44

JPMorgan upgrades St James's Place, Quilter to 'overweight'

(Sharecast News) - JPMorgan Cazenove upgraded St James's Place and Quilter to 'overweight' from 'neutral' on Monday as it took a look at UK wealth managers.

Read more
3 Jun 2024 09:23

LONDON BROKER RATINGS: Berenberg raises Ricardo; Goldman cuts LandSec

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

Read more
23 May 2024 14:56

IN BRIEF: Quilter to engage dissenters over political donations

Quilter PLC - London-based wealth manager - Says 27% of its shareholders reject a resolution "to authorise political donations or expenditure by the company and its subsidiaries" at an annual general meeting held on Thursday. Says it has actively engaged with its shareholders on this issue since listing in 2018 and understands their concerns reflect a difference in market practice for many of its South African shareholders. Says it will continue to engage with shareholders in line with the UK corporate governance rules. Notes that all other motions were passed by the requisite majorities.

Read more
21 May 2024 14:06

UK dividends calendar - next 7 days

Wednesday 22 May 
Central Asia Metals PLCdividend payment date
Eurocell PLCdividend payment date
Harbour Energy PLCdividend payment date
London Stock Exchange Group PLCdividend payment date
Man Group PLCdividend payment date
Merchants Trust PLCdividend payment date
Phoenix Group Holdings PLCdividend payment date
Smith & Nephew PLCdividend payment date
Softcat PLCdividend payment date
Thursday 23 May 
abrdn Equity Income Trust PLCex-dividend payment date
AEW UK REIT PLCex-dividend payment date
Andrews Sykes Group PLCex-dividend payment date
Aptitude Software Group PLCex-dividend payment date
Avingtrans PLCex-dividend payment date
Bellway PLCex-dividend payment date
BlackRock Greater Europe Investment Trust PLCex-dividend payment date
BlackRock Smaller Cos Trust PLCex-dividend payment date
Bluefield Solar Income Fund Ltdex-dividend payment date
Burford Capital Ltdex-dividend payment date
Cardiff Property PLCex-dividend payment date
Coca-Cola Europacific Partners PLCdividend payment date
ConvaTec Group PLCdividend payment date
CRH PLCex-dividend payment date
DCC PLCex-dividend payment date
Diploma PLCex-dividend payment date
Diversified Energy Co PLCex-dividend payment date
Empresaria Group PLCex-dividend payment date
Fintel PLCex-dividend payment date
Grainger PLCex-dividend payment date
HICL Infrastructure PLCex-dividend payment date
HSS Hire Group PLCex-dividend payment date
Imperial Brands PLCex-dividend payment date
ITV PLCdividend payment date
JPMorgan UK Smaller Cos Investment Trust PLCex-dividend payment date
Keywords Studios PLCex-dividend payment date
Lords Group Trading PLCex-dividend payment date
ME Group International PLCdividend payment date
Mincon Group PLCex-dividend payment date
NextEnergy Solar Fund Ltdex-dividend payment date
Nexus Infrastructure PLCex-dividend payment date
Niox Group PLCex-dividend payment date
Savills PLCspecial dividend payment date
Scottish American Investment Co PLCex-dividend payment date
Secure Trust Bank PLCdividend payment date
Sequoia Economic Infrastructure Income Fund Ltddividend payment date
Spire Healthcare Group PLCex-dividend payment date
TI Fluid Systems PLCex-dividend payment date
Town Centre Securities PLCex-dividend payment date
Town Centre Securities PLCex-dividend payment date
Tritax Big Box REIT PLCex-dividend payment date
Tritax EuroBox PLC EURex-dividend payment date
Tritax EuroBox PLC GBPex-dividend payment date
UIL Ltddividend payment date
Weiss Korea Opportunity Fund Ltdex-dividend payment date
Whitbread PLCex-dividend payment date
Friday 24 May 
abrdn Asian Income Fund Ltddividend payment date
AVI Japan Opportunity Trust PLCdividend payment date
Braime Group PLCdividend payment date
Capricorn Energy PLCex-dividend payment date
Centaur Media PLCdividend payment date
Clarkson PLCdividend payment date
Edinburgh Investment Trust PLCdividend payment date
Foresight Solar Fund Ltddividend payment date
Greencoat Renewables PLCdividend payment date
Greggs PLCdividend payment date
Harworth Group PLCdividend payment date
Howden Joinery Group PLCdividend payment date
JPMorgan Asia Growth & Income PLCdividend payment date
M&G Credit Income Investment Trust PLCdividend payment date
Maven Income & Growth VCT 4 PLCdividend payment date
Nippon Active Value Fund PLCdividend payment date
Public Policy Holding Co Incdividend payment date
Reckitt Benckiser Group PLCdividend payment date
Rightmove PLCdividend payment date
Rotork PLCdividend payment date
Spirax-Sarco Engineering PLCdividend payment date
St James's Place PLCdividend payment date
Starwood European Real Estate Finance Ltddividend payment date
TP ICAP Group PLCdividend payment date
Tracsis PLCdividend payment date
Unite Group PLCdividend payment date
Monday 27 May 
no events scheduled 
Tuesday 28 May 
Atrato Onsite Energy PLCdividend payment date
Chesnara PLCdividend payment date
Costain Group PLCdividend payment date
CQS Natural Resources Growth & Income PLCdividend payment date
Foxtons Group PLCdividend payment date
Quilter PLCdividend payment date
Team Internet Group PLCdividend payment date
Tetragon Financial Group Ltddividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
16 May 2024 15:46

UK shareholder meetings calendar - next 7 days

Friday 17 May 
Bank of Cyprus Holdings PLCAGM
Central Asia Metals PLCAGM
Quantum Exponential Group PLCGM re potential substantial investment in company
Monday 20 May 
Georgia Capital PLCAGM
Harworth Group PLCAGM
Hilton Food Group PLCAGM
Itaconix PLCAGM
Malvern International PLCAGM
Windward LtdAGM
Revolution Bars Group PLCGM re fundraising
Tuesday 21 May 
Capita PLCAGM
Centamin PLCAGM
Coca-Cola HBC AGAGM
Dowlais Group PLCAGM
Empresaria Group PLCAGM
Equals Group PLCAGM
Fintel PLCAGM
Forterra PLCAGM
Gamma Communications PLCAGM
GetBusy PLCAGM
HydrogenOne Capital Growth PLCAGM
Impact Healthcare REIT PLCAGM
IWG PLCAGM
JTC PLCAGM
K3 Business Technology Group PLCAGM
M&G Credit Income Investment Trust PLCAGM
Metro Bank Holdings PLCAGM
Portmeirion Group PLCAGM
Riverstone Energy LtdAGM
Shell PLCAGM
Sherborne Investors (Guernsey) C LtdAGM
TBC Bank Group PLCAGM
Trustpilot Group PLCAGM
US Solar Fund PLCAGM
Wednesday 22 May 
4imprint Group PLCAGM
Bango PLCAGM
Boku IncAGM
Empiric Student Property PLCAGM
Invinity Energy Systems PLCGM re placing of shares
M&G PLCAGM
Mindflair PLCGM
NIOX Group PLCAGM
PPHE Hotel Group LtdAGM
Riverstone Credit Opportunities Income PLCAGM
Spirent Communications PLCGM re Keysight takeover offer
Staffline Group PLCAGM
Stelrad Group PLCAGM
VH Global Sustainable Energy Opportunities PLCAGM
Zotefoams PLCAGM
Thursday 23 May 
Baillie Gifford Shin Nippon PLCAGM
Bakkavor Group PLCAGM
Bank of Ireland Group PLCAGM
Capricorn Energy PLCAGM
Crossword Cybersecurity PLCAGM
Deliveroo PLCAGM
Energean PLCAGM
Essentra PLCAGM
Ferrexpo PLCAGM
Headlam Group PLCAGM
Hill & Smith PLCAGM
Indivior PLCGM re seeking primary US listing
Inspirit Energy Holdings PLCAGM
Legal & General Group PLCAGM
Life Science REIT PLCAGM
N4 Pharma PLCAGM
Norman Broadbent PLCAGM
Petershill Partners PLCAGM
Prudential PLCAGM
Quilter PLCAGM
Regional REIT LtdAGM
Resolute Mining LtdAGM
Rolls-Royce Holdings PLCAGM
Sabre Insurance Group PLCAGM
Shaftesbury Capital PLCAGM
Spectris PLCAGM
Strip Tinning Holdings PLCAGM
Yu Group PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
2 May 2024 09:48

LONDON BROKER RATINGS: Deutsche Bank likes TP ICAP but says sell CMC

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

Read more
24 Apr 2024 15:09

London close: Stocks finish weaker after earlier gains

(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.

Read more
24 Apr 2024 09:17

Quilter hails rising market sentiment in Q1 as inflows surge

(Sharecast News) - Wealth management firm Quilter saw shares rise on Wednesday after reporting that improving equity markets drove a strong performance in the first quarter.

Read more
24 Apr 2024 08:08

Quilter first-quarter performance gains traction on improved sentiment

(Alliance News) - Quilter PLC on Wednesday reported growth in assets under management & administration, and net flows in the first quarter of 2024, demonstrating tentative signs of improving market sentiment.

Read more
18 Apr 2024 09:30

IN BRIEF: Alison Morris set to join Quilter board in September

Quilter PLC - London-based wealth manager - Appoints Alison Morris as a non-executive director, with effect from September 9. Alison is currently a non-executive director of M&G Group Ltd, part of asset manager M&G PLC, and will step down from that role before joining the Quilter board. She has been a non-executive director of Paragon Banking Group PLC since 2020 and recently was made senior independent director. She has been on the Sabre Insurance Group PLC board since 2022.

Read more
12 Apr 2024 09:55

LONDON BROKER RATINGS: JPMorgan raises Taylor Wimpey, Persimmon

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

Read more
11 Apr 2024 15:09

UK dividends calendar - next 7 days

Friday 12 April 
abrdn UK Smaller Cos Growth Trust PLCdividend payment date
Alpha Real Trust Ltddividend payment date
Chemring Group PLCdividend payment date
Duke Capital Ltddividend payment date
Galliford Try Holdings PLCdividend payment date
Goodwin PLCdividend payment date
Gore Street Energy Storage Fund PLCdividend payment date
Idox PLCdividend payment date
Lancashire Holdings Ltdspecial dividend payment date
Land Securities Group PLCdividend payment date
LPA Group PLCdividend payment date
Tristel PLCdividend payment date
Monday 15 April 
Craneware PLC 
Wheaton Precious Metals Corp 
Tuesday 16 April 
Brooks Macdonald Group PLCdividend payment date
JPMorgan Global Growth & Income PLCdividend payment date
Personal Assets Trust PLCdividend payment date
Wednesday 17 April 
CRH PLCdividend payment date
Diageo PLCdividend payment date
Ithaca Energy PLCdividend payment date
Thursday 18 April 
Airea PLCex-dividend payment date
Antofagasta PLCex-dividend payment date
Arbuthnot Banking Group PLCex-dividend payment date
BAE Systems PLCex-dividend payment date
Baillie Gifford Shin Nippon PLCex-dividend payment date
Bridgepoint Group PLCex-dividend payment date
Capital Ltdex-dividend payment date
Costain Group PLCex-dividend payment date
Croda International PLCex-dividend payment date
DFS Furniture PLCex-dividend payment date
Dowlais Group PLCex-dividend payment date
Drax Group PLCex-dividend payment date
Fresnillo PLCex-dividend payment date
hVIVO PLCex-dividend payment date
Invesco Bond Income Plus Ltdex-dividend payment date
JPMorgan American Investment Trust PLCex-dividend payment date
JPMorgan China Growth & Income PLCex-dividend payment date
JPMorgan UK Smaller Cos Investment Trust PLCex-dividend payment date
Jupiter Fund Management PLCex-dividend payment date
Kier Group PLCex-dividend payment date
London Stock Exchange Group PLCex-dividend payment date
M Winkworth PLCex-dividend payment date
Maven Income & Growth VCT 4 PLCex-dividend payment date
Merchants Trust PLCex-dividend payment date
Montanaro UK Smaller Cos Investments Trust PLCex-dividend payment date
Nippon Active Value Fund PLCex-dividend payment date
Old Mutual Ltdex-dividend payment date
Quilter PLCex-dividend payment date
Rathbones Group PLCex-dividend payment date
Redcentric PLCdividend payment date
Rio Tinto PLCdividend payment date
Rotork PLCex-dividend payment date
Serco Group PLCex-dividend payment date
STV Group PLCex-dividend payment date
Thungela Resources Ltdex-dividend payment date
Uniphar PLCex-dividend payment date
Unite Group PLCex-dividend payment date
Vanquis Banking Group PLCex-dividend payment date
Vesuvius PLCex-dividend payment date
Weir Group PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
12 Mar 2024 15:31

Berenberg raises target price on Quilter following FY results

(Sharecast News) - Analysts at Berenberg raised their target price on wealth manager Quilter from 95.0p to 105.0p on Tuesday, stating that recent reductions in expenses ensured that it will deliver an earnings beat.

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.