Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video 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

WINNERS & LOSERS SUMMARY: Taylor Wimpey Leads Housebuilders Lower

Thu, 26th Apr 2018 10:32

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - LOSERS----------Legal & General, down 4.0%, Antofagasta, down 2.9%, Fresnillo, down 1.9%, Glencore, down 1.8%. The stocks went ex-dividend meaning new buyers no longer qualify for the latest dividend payout. Taylor Wimpey, down 3.3%. The housebuilder said the underlying housing market in the UK remained "stable" in the first quarter of the year, though it saw its average private sales rate slip. Taylor Wimpey said average private sales for the year to date was 0.85 per outlet per week, in line with expectations, though this was down from the "very strong comparator" of 0.93 for the equivalent period a year before. As at last week, Taylor Wimpey said its total order book value stood at approximately GBP2.16 billion, down from GBP2.21 billion at week 16 in 2017. The short-term land market remains stable, the company said, with opportunities to acquire land at investment operating profit margins "similar" to those achieved in recent years. Peers Persimmon, Berkeley Group and Barratt Developments were down 1.7%, 1.0% and 0.2% respectively. Royal Dutch Shell 'A', down 2.7%, Shell 'B', down 2.6%. The oil major reported strong earnings growth for its first quarter on the back of higher prices as well as a "very good" performance in its Integrated Gas business. Current cost of supply, or CCS, earnings excluding items increased 41% year-on-year for the three months to March to USD5.44 billion. CCS earnings attributable to shareholders excluding items rose 42% to USD5.32 billion, while including items it rose 69% to USD5.70 billion. The company said the "strong" performance was driven by higher oil and gas prices, as well as the continued good performance of its Integrated Gas Business and higher profit from Upstream operations, though the Downstream business did post lower earnings. Shell's Downstream business earnings excluding items fell 32%, however, to USD1.69 billion. Oil products sales volumes were up 4% year-on-year to 6.79 million barrels a day but chemical sales volumes fell 1% to 4.51 million tonnes. ----------FTSE 250 - WINNERS----------Drax Group, up 8.0%. Merrill Lynch upgraded the power generation company to Buy from Neutral.Elementis, up 4.5%. The speciality chemicals company said it made a solid start to the new year and remains confident in delivering continued progress in 2018, in line with previous expectations. The company said its hectorite-based products for the cosmetics market experienced growth across new product categories and geographies in the new year, while performance in anti-perspirant ingredients improved following pricing actions taken in 2017. The company's coatings division benefited from growth in Europe, Middle East & Africa and the Americas, and a steady performance in Asia. Growth in Energy division moderated against strong comparatives, with good performance in the US and rest of the world, and lower industry activity levels in Canada. Domino's Pizza, up 3.5%. The pizza chain reported an encouraging start to 2018, with like-for-like sales growth in the UK particularly strong. The pizza delivery firm's group system sales increased 18% to GBP311.1 million for the 13 weeks to April 1, and rose just over 10% on an organic basis. In the UK & Republic of Ireland, system sales were up 10% to GBP285.5 million, with a similar organic growth rate. Like-for-like UK sales growth was 7%, and the Republic of Ireland's was 3.5%. UK online sales rose 16% year-on-year for the period, and this made up 79% of first quarter system sales. It opened nine new stores in the UK, and now trades from 1,054 outlets. Domino's is planning to add between 65 and 75 new sites to its UK portfolio in 2018. ----------FTSE 250 - LOSERS----------Hastings Group, down 6.3%. The insurer said poor weather in its first quarter led to higher claims, though premiums and revenue rose. Hastings said the snow and icy weather experienced in the UK in February and March led to a higher increase in claims than normal. However, the firm stressed this should not "significantly" impact its calendar year loss ratio, which it expects to be just below or in its targeted range of 75% to 79%. Hastings also said, as previously announced, the market pricing environment was "challenging" in February and March, though things have improved and it expects to meet its three million customer target during 2019. During the three months to March, gross written premiums rose 5% to GBP226.0 million, and for the 12 months to March they have risen 16% to GBP942.2 million.----------
More News
10 Dec 2021 12:17

LONDON MARKET MIDDAY: Stocks lower ahead of key US inflation report

LONDON MARKET MIDDAY: Stocks lower ahead of key US inflation report

Read more
10 Dec 2021 10:41

Shell shareholders vote for move to Britain -preliminary results

AMSTERDAM, Dec 10 (Reuters) - In a preliminary result, Royal Dutch Shell shareholders on Friday voted in favour of a plan to move the company's headquarters and its tax home to Britain.Chairman Andrew Mackenzie announced the preliminary results, ...

Read more
10 Dec 2021 10:17

Siccar Point CEO says Cambo oilfield project paused after Shell exit

LONDON, Dec 10 (Reuters) - Siccar Point CEO Jonathan Roger said on Friday that Royal Dutch Shell's decision last week not to progress the Cambo oilfield project in the British North Sea means the development will have to be paused.Siccar, which ow...

Read more
10 Dec 2021 10:08

UPDATE 1-Royal Dutch Shell shareholders expected to approve move to London

* If approved, Shell's move expected in early 2022* British tax base seen making buybacks, dividends easier* Dutch withholding tax a factor in Shell's decision* Shell says move will not affect its environmental policy (Updates with colour from meeti...

Read more
10 Dec 2021 00:25

UPDATE 2-Royal Dutch Shell shareholders back plan to shift to London

* British tax base seen making buybacks, dividends easier* Dutch withholding tax a factor in Shell's decision* Shell says move will not affect its environmental policy (Recasts with shareholder vote)By Toby Sterling and Ron BoussoROTTERDAM/LONDON, D...

Read more
9 Dec 2021 13:37

S.Africa energy minister defends Shell's planned seismic blasting on Wild Coast

* S.Africans protest against oil search in pristine stretch* Area home to whales, penguins, dolphins, seals* Objectors want Africa to stay poor, Gwede Mantashe saysBy Tim CocksJOHANNESBURG, Dec 9 (Reuters) - South Africa's energy minister defended o...

Read more
9 Dec 2021 10:10

UPDATE 2-European shares fall again on Omicron worries

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Deutsche Bank skids after DoJ violation report* Defensive sectors cap losses* Investors eye U.S. CPI data due Friday (Updates to close)By ...

Read more
6 Dec 2021 16:58

LONDON MARKET CLOSE: Airlines lift off as Omicron fears ease

LONDON MARKET CLOSE: Airlines lift off as Omicron fears ease

Read more
6 Dec 2021 12:16

LONDON MARKET MIDDAY: Stocks rise as Fauci helps soothe Omicron fear

LONDON MARKET MIDDAY: Stocks rise as Fauci helps soothe Omicron fear

Read more
6 Dec 2021 12:13

UPDATE 4-BP says Brent benchmark reform should include U.S. oil, dump Brent

(Adds background)By Julia PayneLONDON, Dec 6 (Reuters) - BP supports the addition of U.S. oil crude grade WTI Midland to global dated Brent, suggesting the removal in the medium-term of Brent and Forties grades from the benchmark as flows have eva...

Read more
5 Dec 2021 13:57

S.Africans protest against Shell oil exploration in pristine coastal area

By Siyabonga SishiPORT EDWARD, South Africa, Dec 5 (Reuters) - South Africans took to their beaches on Sunday to protest against plans by Royal Dutch Shell to do seimsic oil exploration they say will threaten marine wildlife such as whales, dolphi...

Read more
3 Dec 2021 16:05

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
3 Dec 2021 14:31

Nigeria's Bonga oil export terminal in maintenance until next week - Shell

LONDON, Dec 3 (Reuters) - Nigeria's Bonga crude oil export terminal is undergoing planned maintenance until next week, operator Shell said on Friday.Bonga is typically one of the larger export streams from Africa's largest oil producer. It was sch...

Read more
3 Dec 2021 12:06

LONDON MARKET MIDDAY: Jitters turn from Omicron to US nonfarm payrolls

LONDON MARKET MIDDAY: Jitters turn from Omicron to US nonfarm payrolls

Read more
3 Dec 2021 10:19

Shell wins court case to start seismic surveys offshore South Africa

CAPE TOWN, Dec 3 (Reuters) - A South African high court on Friday struck down an urgent application brought by environmentalists to stop oil major Royal Dutch Shell starting seismic surveys to explore for petroleum systems off the eastern seaboar...

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.