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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: 423.60
Bid: 424.20
Ask: 424.40
Change: -10.30 (-2.37%)
Spread: 0.20 (0.047%)
Open: 434.20
High: 439.40
Low: 423.60
Prev. Close: 433.90
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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26 Sep 2023 10:36

Rolls-Royce and EasyJet reach key milestone in development of hydrogen-powered engines

(Sharecast News) - Rolls-Royce and EasyJet achieved a new milestone in their combined efforts to develop hydrogen-fueled engines.

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25 Sep 2023 13:03

Rolls-Royce and easyJet progress with jet engine running on hydrogen

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20 Sep 2023 09:34

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

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17 Sep 2023 22:39

Sunday newspaper round-up: Labour, British Land, Rolls-Royce

(Sharecast News) - Investors are now backing Labour, dealing a blow to the Prime Minister's efforts to rebuild the Tories reputation for sound money. Two thirds of money managers and traders canvassed by Bloomberg said that the best outcome for markets from the next election would be either a Labour government or a coalition led by Labour.Four fifths of those polled said that confidence in British assets had yet to recover from the mini-Budget crisis under Liz Truss. - The Sunday Telegraph

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5 Sep 2023 11:49

Airbus, easyJet, Rolls-Royce join forces in UK on hydrogen-powered flying

LONDON, Sept 5 (Reuters) - Airbus, easyJet and Rolls-Royce have joined forces to try to position Britain at the forefront of hydrogen-powered aviation as the industry plots its course to decarbonisation.

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24 Aug 2023 09:15

LONDON BROKER RATINGS: Credit Suisse raises Pennon to 'outperform'

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

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24 Aug 2023 08:54

LONDON MARKET OPEN: Stocks lifted by Nvidia results, US data

(Alliance News) - Stock prices in London made gains at Thursday's open, bouyed by an outperformance from Nvidia late Wednesday, as well as a cautious optimism ahead of the Federal Reserve's Jackson Hole event.

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11 Aug 2023 09:52

LONDON BROKER RATINGS: Deutsche cuts Domino's Pizza; RBC lowers CVS

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

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7 Aug 2023 16:52

LONDON MARKET CLOSE: Downbeat start to inflation-focused week

(Alliance News) - Stocks in London closed in the red on Monday, with markets bracing for latest inflation figures from the world's two largest economies in the week ahead.

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7 Aug 2023 11:51

LONDON MARKET MIDDAY: Stocks down ahead of key inflation data

(Alliance News) - Stock prices in London were lower at midday on Monday, as investors eye inflation data from China and the US out on Wednesday and Thursday, respectively.

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7 Aug 2023 09:14

LONDON BROKER RATINGS: JPMorgan lifts Rolls-Royce; RBC cuts Unite

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

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7 Aug 2023 07:57

LONDON BRIEFING: Clarkson backs outlook; Card Factory upbeat

(Alliance News) - Stocks in London are expected to open lower on Monday, with markets seeing little reason to head higher in a quiet start to the week.

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6 Aug 2023 15:30

Sunday newspaper round-up: Battery Technologies, Rolls Royce, Energy bills

(Sharecast News) - Britain needs to invest in key battery technologies in order to avoid becoming dependent on countries like China in the energy transition, the head of the Faraday Institution said. The country required "sovereign capabilities" and its own supply chains, she said. Her remarks followed Tata's announcement that it would construct a £4bn battery gigafactory in Sommerset after securing £500m of subsidies from the government. - Sunday Telegraph

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4 Aug 2023 17:06

UK's FTSE 100 boosted by energy stocks but logs weekly decline

WPP slides after FY guidance cut

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