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Pin to quick picksRolls-Royce Share News (RR.)

Share Price Information for Rolls-Royce (RR.)

London Stock Exchange
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Share Price: 444.80
Bid: 442.40
Ask: 442.50
Change: 4.40 (1.00%)
Spread: 0.10 (0.023%)
Open: 437.00
High: 444.80
Low: 435.90
Prev. Close: 440.40
RR. Live PriceLast checked at -

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Miners drag FTSE 100 lower on China concerns

Mon, 06th Mar 2023 17:24

Clarkson up on upbeat annual profit

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Rolls Royce gains on PT raise

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FTSE 100 down 0.2%, FTSE 250 adds 0.7%

March 6 (Reuters) - The UK's blue-chip FTSE 100 fell on Monday as mining stocks slumped after top metals consumer China's decision to set a modest growth target, while a surge in luxury carmaker Aston Martin's shares lifted the mid-cap FTSE 250.

The export-oriented FTSE 100 fell 0.2%, dragged down by a 3.3% slide in industrial metals miners.

Copper prices were in the red as China set a lower-than-expected gross domestic product target of 5% for the year. Policy sources had recently told Reuters that Beijing could set a range as high as 6%.

"We've got a little bit of caution and we saw commodities a little bit lower because of that modest growth expectation from China which is impacting the general market mood at the start of the day," Giles Coghlan, chief market analyst at HYCM, said.

The domestically-focussed FTSE 250 was up 0.7%, lifted by Aston Martin shares, which rose for seventh straight sessions.

Both the large-cap and mid-cap FTSE indexes had a strong run in the previous week after data showed resilience in the domestic economy and hopes grew that the Bank of England is closer to the end of its monetary tightening cycle.

Among other stocks, Rolls Royce and Flutter Entertainment Plc rose 2.1% and 4.6%, respectively, after brokerages raised their price targets. Shares in Rolls Royce hit their highest level since March 2020.

Although AstraZeneca said a mid-stage trial of its cancer drug Enhertu showed positive results for treating other tumours as well, its stock slipped 0.4%

Clarkson shares rose 1.8% after the shipping services provider reported a strong annual profit. (Reporting by Johann M Cherian and Shristi Achar A in Bengaluru; Editing by Sherry Jacob-Phillips, Shailesh Kuber and Alexander Smith)

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31 Mar 2023 07:46

New CEO of UK's Rolls-Royce brings in new CFO, makes leadership changes

Hires BP's Helen McCabe as CFO

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31 Mar 2023 07:06

UK's Rolls-Royce names BP executive as new CFO

LONDON, March 31 (Reuters) - British engineering company Rolls-Royce named Helen McCabe, a BP executive, as its new chief financial officer as Tufan Erginbilgic, CEO since January, looks to implement his transformation programme.

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21 Mar 2023 17:26

Banks spur rebound in European stocks as contagion fears recede

S&P says European banks can weather the market turmoil

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17 Mar 2023 07:53

LONDON BRIEFING: Emis takeover and BT Openreach get watchdog scrutiny

(Alliance News) - London's FTSE 100 is called to open higher on Friday, ending a tumultuous week in the green.

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17 Mar 2023 07:37

Rolls-Royce inks funding to develop reactor for Moon exploration

(Alliance News) - Rolls-Royce Holdings PLC has received funding from the UK Space Agency to develop a nuclear reactor for a Moon base.

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14 Mar 2023 16:55

LONDON MARKET CLOSE: Stocks green as financial instability fears ebb

(Alliance News) - Stocks in London ended in the green on Tuesday, as easing fears around the financial sector joined market positivity off the back of lower US inflation data.

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14 Mar 2023 16:10

Rolls-Royce tops FTSE 100 after submarine contract award with BAE

(Alliance News) - Rolls-Royce Holdings PLC was the top performing FTSE 100 stock on Tuesday afternoon, as a statement from the UK government said it and BAE Systems PLC have been chosen to build the UK and Australia's SSN-AUKUS submarines.

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14 Mar 2023 12:27

S&P raises Rolls Royce long-term debt rating to BB with 'positive' outlook

(Sharecast News) - Standard and Poor's raised its rating for Rolls Royce long-term debt with a positive outlook.

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14 Mar 2023 08:46

Citi ups Rolls-Royce price target, cites 'clear route to much better cash flow'

(Sharecast News) - Citi lifted its price target on Rolls-Royce on Tuesday to 255p as it cited "a clear route to much better cash flow".

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13 Mar 2023 21:46

Eyeing China, Biden and allies unveil nuclear-powered submarine plan for Australia

SAN DIEGO, March 13 (Reuters) - The leaders of the United States, Australia and Britain on Monday unveiled details of a plan to provide Australia with nuclear-powered attack submarines, a major step involving investment of hundreds of billions of dollars aimed at countering China's ambitions in the Indo-Pacific.

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8 Mar 2023 15:06

UBS upgrades Rolls-Royce to 'buy'

(Sharecast News) - UBS upgraded Rolls-Royce to 'buy' from 'neutral' and nearly doubled the price target to 200p from 105p as it said the shares were "abnormally cheap" despite China reopening.

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1 Mar 2023 09:52

LONDON BROKER RATINGS: Canaccord says sell Future; Investec likes RWS

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

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28 Feb 2023 09:27

LONDON BROKER RATINGS: JPMorgan cuts Mondi; Rolls-Royce raised

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

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27 Feb 2023 17:25

FTSE 100 snaps four-day losing streak on earnings optimism

Bunzl, Associated British Foods gain after results

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