focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London open: UK stocks slip ahead of inflation data, Asos drops

Tue, 16th Sep 2014 08:40

UK stocks opened in the red on Tuesday as investors continued to tread cautiously ahead of a Federal Open Market Committee (FOMC) decision and vote on Scottish independence.Investor appetite for risk was also limited ahead of some closely-watched economic data during the session, namely UK inflation figures and German confidence.London's FTSE 100 was trading 0.2% lower at 6,791 in early deals after a subdued session on Monday."Yesterday’s flat session is likely to be symptomatic of the sessions in the run up to the FOMC and Scottish Independence vote as traders are unwilling to put positions on over a coin toss," said Jonathan Sudaria from Capital Spreads.The annual rate of UK consumer-price inflation is expected to have eased from 1.6% to 1.5% in August, further away from the government's 2% target.Meanwhile, the German investor confidence index is forecast to drop for a ninth consecutive month, from 8.5 to 5 in September, thanks to concerns about the Eurozone economy and concerns about events in Ukraine.Asos shares sinkThe share price of Asos dropped sharply after the online fashion retailer said profits in the year to August 2015 would be "at a similar level" to the previous period.Sector peer N Brown was also under pressure after saying that first-half revenues fell 0.6%.Housebuilder Crest Nicholson has, like its peers, seen a "slight moderation" in sales rates over the last few months, causing shares to fall early on.SABMiller pulled back after a 10% surge on Monday on the back of rumours that AB InBev was readying a takeover bid for the Peroni and Grolsch maker. Markets were still reacting to the announcement that Heineken had rejected an initial approach from SABMiller.Beverages counterpart Diageo, however, was extending gains after hopes for industry consolidation gave the stock a boost the previous session.Mining peers Anglo American and Antofagasta were performing well after Deutsche Bank upgraded its ratings and target prices for both stocks. Anglo was rated 'buy', while Antofagasta was labelled a 'hold'.Africa-focused Ophir Energy edged higher after a new gas discovery in block R increased the value of its offshore Equatorial Guinea project.The wider oil and gas sector was also in demand despite a drop in the price of crude, with Shell, BP and BG Group on the rise. Market MoverstechMARK 2,827.75 -0.60%FTSE 100 6,790.82 -0.20%FTSE 250 15,582.02 -0.43%FTSE 100 - RisersPearson (PSON) 1,229.00p +1.91%Antofagasta (ANTO) 770.00p +1.12%Diageo (DGE) 1,872.00p +1.03%Anglo American (AAL) 1,503.00p +0.97%BG Group (BG.) 1,162.00p +0.74%Admiral Group (ADM) 1,242.00p +0.57%Royal Dutch Shell 'A' (RDSA) 2,401.00p +0.52%Royal Dutch Shell 'B' (RDSB) 2,491.00p +0.44%British Sky Broadcasting Group (BSY) 878.50p +0.40%TUI Travel (TT.) 366.90p +0.33%FTSE 100 - FallersARM Holdings (ARM) 917.50p -2.19%Sports Direct International (SPD) 676.50p -1.96%SABMiller (SAB) 3,667.00p -1.95%easyJet (EZJ) 1,336.00p -1.76%Tullow Oil (TLW) 689.00p -1.64%St James's Place (STJ) 683.50p -1.58%Sage Group (SGE) 377.00p -1.57%Ashtead Group (AHT) 1,012.00p -1.46%Johnson Matthey (JMAT) 3,095.00p -1.37%Petrofac Ltd. (PFC) 1,041.00p -1.33%FTSE 250 - RisersPayPoint (PAY) 1,041.00p +2.36%Vesuvius (VSVS) 470.50p +2.17%Ladbrokes (LAD) 128.30p +2.07%Rathbone Brothers (RAT) 1,956.00p +1.50%Bank of Georgia Holdings (BGEO) 2,402.00p +1.48%Exova Group (EXO) 185.50p +1.37%Inmarsat (ISAT) 720.50p +1.26%Just Retirement Group (JRG) 141.60p +1.14%Marston's (MARS) 148.40p +1.09%Caledonia Investments (CLDN) 2,190.00p +0.92%FTSE 250 - FallersThomas Cook Group (TCG) 122.50p -5.77%Crest Nicholson Holdings (CRST) 321.20p -4.66%Imagination Technologies Group (IMG) 188.50p -4.17%Brown (N.) Group (BWNG) 391.50p -3.33%Bwin.party Digital Entertainment (BPTY) 93.80p -3.30%Infinis Energy (INFI) 209.80p -2.96%African Barrick Gold (ABG) 224.30p -2.35%Aveva Group (AVV) 1,540.00p -2.35%Brit (BRIT) 240.60p -2.23%Ocado Group (OCDO) 278.90p -2.04%
More News
17 Jan 2022 10:06

Crown Estate Scotland offers 17 projects seabed rights for offshore wind

LONDON, Jan 17 (Reuters) - Crown Estate Scotland said on Monday it has made option agreements to 17 projects which reserve the rights to specific areas of seabed in its ScotWind leasing round which is aimed at supporting wind energy development.O...

Read more
17 Jan 2022 09:20

UPDATE 2-FTSE 100 hits two-year high as GSK boosts

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Unilever worst performer on the FTSE 100* Homebuilders gain as UK home prices soar in early 2022* Taylor Wimpey expects annual results in-l...

Read more
14 Jan 2022 17:48

UPDATE 1-Alberta prioritises oil sands' carbon storage hub, energy minister says

(Adds more details on CCUS)By Nia WilliamsCALGARY, Alberta, Jan 14 (Reuters) - The government of Alberta, Canada's main oil-producing province, plans to move forward "very, very quickly" on its next carbon sequestration hub in the Cold Lake region...

Read more
14 Jan 2022 13:56

UPDATE 1-Brazil's Petrobras trims 2022-2026 production outlook

(Recasts with details, context)SAO PAULO, Jan 14 (Reuters) - Petroleo Brasileiro SA (Petrobras) on Friday lowered its 2022-2026 production outlook to reflect production-sharing agreements involving the Atapu and Sepia oilfields.Brazil's state-run ...

Read more
14 Jan 2022 11:57

For BP, car chargers to overtake pumps in profitability race

* BP focusing on fast battery chargers, executives says* Fast chargers almost as profitable as petrol filling* BP and rivals targeting big growth in EV chargingBy Ron BoussoLONDON, Jan 14 (Reuters) - BP says its fast electric vehicle chargers are on...

Read more
14 Jan 2022 09:55

LONDON BROKER RATINGS: Exane BNP cuts BAE Systems and Rolls-Royce

LONDON BROKER RATINGS: Exane BNP cuts BAE Systems and Rolls-Royce

Read more
13 Jan 2022 18:49

Shell to hand over Deer Park refinery to Pemex next week -sources

By Ana Isabel MartinezMEXICO CITY, Jan 13 (Reuters) - Mexican state oil company Petroleos Mexicanos will take control of the Deer Park refinery in Houston, Texas on Jan. 20, three sources with knowledge of the matter said on Thursday.Royal Dutch S...

Read more
13 Jan 2022 09:50

Shell seismic tests approval complied with rules, S.Africa minister says

JOHANNESBURG, Jan 13 (Reuters) - Shell's plan for seismic testing on South Africa's Wild Coast, which critics say threatens dolphins, seals, whales, penguins and other rare sea life, received all necessary environmental approvals, the country's e...

Read more
13 Jan 2022 06:49

UPDATE 3-Activists behind Shell climate verdict target 30 multinationals

* KLM, ABN Amro among those to get letters* Milieudefensie seeks science-aligned net-zero plans* Warns court an option if companies slow to move (Adds company responses)By Anthony Deutsch and Simon JessopAMSTERDAM/LONDON, Jan 13 (Reuters) - The Dutc...

Read more
13 Jan 2022 06:49

UPDATE 2-Activists behind Shell climate verdict target 30 multinationals

* KLM, Ahold, ABN Amro among those to get letters* Milieudefensie seeks science-aligned net-zero plans* Warns court an option if companies slow to move (Adds other companies receiving letters; edits)By Anthony Deutsch and Simon JessopAMSTERDAM/LONDO...

Read more
13 Jan 2022 03:00

Activists behind Shell climate verdict target 30 multinationals

* KLM, Ahold, ABN Amro among those to get letters* Milieudefensie seeks science-aligned net-zero plans* Warns court an option if companies slow to moveBy Anthony Deutsch and Simon JessopAMSTERDAM/LONDON, Jan 13 (Reuters) - The Dutch wing of environm...

Read more
12 Jan 2022 06:43

UPDATE 4-Equinor warns of $1.8 bln UK oilfield impairment

* Mariner field is producing less oil than expected* Reserve estimate downgraded* Operator Equinor holds a 65% stake (Adds partners comment, background)By Terje Solsvik and Nerijus AdomaitisOSLO, Jan 12 (Reuters) - Norwegian energy group Equinor wa...

Read more
10 Jan 2022 12:16

Thyssenkrupp IPO candidate UCE to build 200 MW electrolyser for Shell

FRANKFURT, Jan 10 (Reuters) - Thyssenkrupp's hydrogen unit Uhde Chlorine Engineers (tkUCE), which the German conglomerate plans to list in spring, has signed a deal to deliver a 200-megawatt electrolyser to oil major Shell, it said on Monday.The ...

Read more
7 Jan 2022 09:28

LONDON BROKER RATINGS: Shell cut to Neutral; Centamin raised to Buy

LONDON BROKER RATINGS: Shell cut to Neutral; Centamin raised to Buy

Read more
7 Jan 2022 09:12

LONDON MARKET OPEN: "Apprehensive" trade as investors look to nonfarms

LONDON MARKET OPEN: "Apprehensive" trade as investors look to nonfarms

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.