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Sector movers: Interest rate-sensitive issues pace gains

Fri, 02nd Sep 2016 16:11

(ShareCast News) - The safest and highest dividend-paying stocks paced gains on the market at the end of the week, as a weaker-than-expected US jobs report for August reaffirmed some economists´ view that the US central bank was unlikely to hike interest rates come September.Thus, it was the likes of Unilever, Imperial Brands which paced gains in the Personal Goods and Tobacco sectors, with utility stocks tagging along for the ride.Shares in oil and gas producers also bounded higher as crude oil futures bounced back on the heels of supportve remarks from Russian president Vladimir Putin.In an interview with Bloomberg, Putin called for an agreement between OPEC and non-OPEC members to freeze their output at current levels, with a special exemption to be granted to Iran."From the viewpoint of economic sense and logic, then it would be correct to find some sort of compromise," Putin said from Vladivostok."I am confident that everyone understands that. We believe that this is the right decision for world energy."Real estate shares trailed the rest of the pack after retirement housebuilder McCarthy & Stone reported a rise in revenue in the year to the end of August but said there has been evidence of some weakness in the secondary housing market since its update at the end of June, sending its shares sharply lower.Worth noting perhaps, Berkeley Group´s abrupt decision to halt work on a luxury development in London may point to rough seas ahead for the sector in the wake of the referendum vote.The luxury homebuilder halted construction at the £20m Barnes Village project in southwest London but declined to provide a reason, Reuters reported.Top performing sectors so far todayPersonal Goods 31,549.09 +3.56%Tobacco 57,302.57 +3.54%Health Care Equipment & Services 7,827.94 +2.86%Oil & Gas Producers 7,099.61 +2.83%Gas, Water & Multiutilities 6,620.91 +2.77%Bottom performing sectors so far todayReal Estate Investment Trusts 3,027.45 -0.48%Real Estate Investment & Services 2,496.43 -0.32%Alternative Energy 0.00 0.00%
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15 Nov 2021 08:45

LONDON MARKET OPEN: Shell rises on share structure plans; CMC surges

LONDON MARKET OPEN: Shell rises on share structure plans; CMC surges

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15 Nov 2021 08:27

UK welcomes Shell's tax shift to Britain

LONDON, Nov 15 (Reuters) - Britain's business minister has welcomed a decision by Royal Dutch Shell to scrap its dual share system and move its tax residence to the UK, saying it is a vote of confidence in the national economy.Shell said earlier o...

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15 Nov 2021 08:05

LONDON BRIEFING: Royal Dutch Shell to become plain old Shell

LONDON BRIEFING: Royal Dutch Shell to become plain old Shell

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15 Nov 2021 07:45

LONDON MARKET PRE-OPEN: Shell simplifies shares; CMC to mull split

LONDON MARKET PRE-OPEN: Shell simplifies shares; CMC to mull split

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15 Nov 2021 07:21

UPDATE 6-Shell ditches the Dutch, seeks move to London in overhaul

* Shell says new structure to speed up payouts* Dutch court ordered Shell to accelerate energy shift* 'Royal Dutch' to be dropped from name (Adds detail on Shell's current)By Shadia Nasralla and Sachin RavikumarLONDON, Nov 15 (Reuters) - Royal Dutch...

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15 Nov 2021 07:21

UPDATE 7-Shell ditches the Dutch, seeks move to London in overhaul

* Shell says new structure to speed up payouts* Dutch court ordered Shell to accelerate energy shift* 'Royal Dutch' to be dropped from name (Updates with report government again trying to scrap dividend tax)By Shadia Nasralla and Sachin RavikumarLO...

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15 Nov 2021 07:21

UPDATE 5-Shell ditches the Dutch, moves to London in share structure overhaul

* Shell says new structure to speed up payouts* Dutch court ordered Shell to accelerate energy shift* 'Royal Dutch' to be dropped from name (Adds detail on share buyback plans, Brexit context)By Shadia Nasralla and Sachin RavikumarLONDON, Nov 15 (Re...

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15 Nov 2021 07:21

UPDATE 4-Shell ditches the Dutch, moves to London in share structure overhaul

* Shell says new structure to speed up payouts* Dutch court ordered Shell to accelerate energy shift* Analyst says move to boost Shell's buyback ability* 'Royal Dutch' to be dropped from name (Adds comment by shareholder, Dutch government reaction)B...

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15 Nov 2021 07:21

UPDATE 3-Shell to scrap dual listing, shift to London in energy transition

* Shell says new structure to speed up payouts* Dutch court ordered Shell to accelerate energy shift* 'Royal Dutch' to be dropped from name (Adds analyst comment, background)By Shadia Nasralla and Sachin RavikumarLONDON, Nov 15 (Reuters) - Royal Dut...

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15 Nov 2021 07:21

UPDATE 2-Shell to scrap dual share structure, as it battles activist investor

* Third Point called for Shell to be broken up* Shell says its businesses work better together* 'Royal Dutch' to be dropped from name* Shell to shift its tax residence to Britain (Adds details from announcement, background)Nov 15 (Reuters) - Royal D...

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15 Nov 2021 06:13

UPDATE 7-Oil settles mixed on questions over crude supply, demand, strong dollar

(Updates with settlement prices, adds commentary)By Laura SanicolaNEW YORK, Nov 15 (Reuters) - Oil prices settled mixed on Monday as investors wondered whether crude supplies will increase and whether demand will be pressured by the recent surge i...

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15 Nov 2021 06:13

UPDATE 6-Oil prices slide on strong dollar, rising crude supplies

(Adds latest prices, changes dateline to New York)By Laura SanicolaNEW YORK, Nov 15 (Reuters) - Oil prices slipped to a one-week low on Monday on expectations supplies will increase while demand will be pressured by the recent surge in energy cost...

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11 Nov 2021 12:26

LONDON MARKET MIDDAY: Pound falls to near one-year low, lifts FTSE 100

LONDON MARKET MIDDAY: Pound falls to near one-year low, lifts FTSE 100

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11 Nov 2021 08:54

LONDON MARKET OPEN: Auto Trader and Johnson Matthey bookend FTSE 100

LONDON MARKET OPEN: Auto Trader and Johnson Matthey bookend FTSE 100

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10 Nov 2021 17:00

Battery swap startup Ample hits unicorn status with new funding round

By Paul LienertNov 10 (Reuters) - Ample, the San Francisco startup focused on electric vehicle battery swapping, has raised another $50 million, the company said on Wednesday, in a round led by Blackstone.The latest funding comes on the heels of a...

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