The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

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
21 Dec 2021 12:00

Oman's gas project for block 10 in Saih Rawl filed is expected to reach production of 0.5 bln cubic feet per day - ministry

Cairo, Dec 21 (REUTERS) - Oman's energy ministry said on Tuesday that the gas project for block 10 in the Saih Rawl gas field is expected to reach production of 0.5 billion cubic feet of gas per day.It added on Twitter that the project start up is...

Read more
21 Dec 2021 09:41

UPDATE 2-European shares rebound from Monday sell-off as energy stocks, miners jump

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* ING to quit French retail banking business* Sanofi's $1 bln Amunix buyout to add to drugmaker's pipeline* European chipmakers rise on Micr...

Read more
20 Dec 2021 11:27

Britain consults on climate checks for new oil and gas licences

LONDON, Dec 20 (Reuters) - Britain on Monday called for views on potential checks for new oil and gas licences to assess whether projects are in line with the country’s climate commitments.Britain has a target to reach net zero emissions by 2050 a...

Read more
20 Dec 2021 09:54

UPDATE 2-UK shares fall as Omicron concerns hit commodity, travel stocks

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Standard Chartered fined $61.51 mln for regulatory lapses* Oil, metal prices fall as Omicron fuels demand worries* FTSE 100 down 1.0%, FTSE...

Read more
17 Dec 2021 17:04

LONDON MARKET CLOSE: FTSE 100 outperforms Europe as Omicron cases rise

LONDON MARKET CLOSE: FTSE 100 outperforms Europe as Omicron cases rise

Read more
17 Dec 2021 16:35

UPDATE 4-Brazil's oil auction raises $2 billion as Total, Shell pile in

(Adds comments from analyst, TotalEnergies)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - France's TotalEnergies , Royal Dutch Shell, Malaysia's Petronas and Qatar Energy on Friday scooped up big offshore field...

Read more
17 Dec 2021 16:35

UPDATE 3-Brazil's offshore field raise $2 billion as Total, Shell pile in

(Adds details on production, updates share prices)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - France's TotalEnergies , Royal Dutch Shell, Petrobras, Malaysia's Petronas and Qatar Energy scooped up big offsho...

Read more
17 Dec 2021 16:35

UPDATE 2-Total, Shell pile into Brazil's offshore fields in $2 billion sale

(Adds details on bids, adds analyst comment)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - TotalEnergies SE , Royal Dutch Shell PLC, Petrobras, Petronas and Qatar Energy scooped up two blockbuster offshore fiel...

Read more
17 Dec 2021 16:35

UPDATE 1-Foreign oil firms pile into Brazil's offshore fields in $2 billion sale

(Updates with results of auction)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - Petrobras, Petronas, TotalEnergies SE, Royal Dutch Shell and Qatar Energy scooped up two blockbuster offshore fields in Brazil on ...

Read more
17 Dec 2021 11:24

Just Eat adds Asda to platform, first UK partnership in grocery sector

Just Eat adds Asda to platform, first UK partnership in grocery sector

Read more
17 Dec 2021 11:00

Top oil majors set for 2nd shot at coveted Brazil 'pre-salt' offshore fields

By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - The world's top oil majors will compete in Brazil on Friday for the chance to snatch up some of the world's most coveted offshore oilfields, a test of the nation'...

Read more
17 Dec 2021 09:52

IN BRIEF: Smart Metering extends exclusivity agreement with Shell

IN BRIEF: Smart Metering extends exclusivity agreement with Shell

Read more
17 Dec 2021 07:59

Just Eat strikes first British grocery deal with Asda

AMSTERDAM, Dec 17 (Reuters) - Just Eat Takeaway.com said on Friday it had struck a deal with British supermarket group Asda to sell groceries through its delivery platform.The deal, Just Eat's first with a major British supermarket chain, comes a...

Read more
17 Dec 2021 07:51

LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit

LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit

Read more
16 Dec 2021 22:13

UPDATE 3-Royal Dutch Shell confirms delay in sale of Texas refinery to Mexico's Pemex

(Adds bakground from Pemex source)By Stefanie Eschenbacher and Erwin SebaMEXICO CITY/HOUSTON, Dec 16 (Reuters) - Royal Dutch Shell on Thursday confirmed a Reuters report that the sale of its controlling interest in a Texas refinery to Mexican state...

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.