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

Share Price Information for Rolls-Royce (RR.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 418.10
Bid: 419.00
Ask: 419.20
Change: -2.30 (-0.55%)
Spread: 0.20 (0.048%)
Open: 419.50
High: 420.80
Low: 413.30
Prev. Close: 420.40
RR. Live PriceLast checked at -

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UK's FTSE 100 falls as energy stocks slip; Unilever weighs

Tue, 30th May 2023 17:05

Unilever CFO to retire, shares fall

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Rolls-Royce, BAE Systems down after India files graft case

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FTSE 100 hits lowest level since March 29

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FTSE 100 down 1.4%, FTSE 250 adds 0.1%

May 30 (Reuters) - UK's FTSE 100 hit a two-month low on Tuesday, with energy shares leading declines as oil prices slipped, while Unilever dropped after the consumer goods firm announced its chief financial officer would be stepping down.

Unilever slipped 3.0% after the Dove soap maker said its CFO Graeme Pitkethly would leave the company by the end of May 2024.

The internationally-focused FTSE 100 slipped 1.4%, weighed down by energy majors Shell and BP, which fell 3.0% and 2.2% respectively.

The broader oil and gas sector lost 2.7% as oil prices skidded on concerns about the U.S. debt ceiling pact cooling the market's risk-on sentiment and mixed messages from major producers clouded the supply outlook ahead of their meeting this weekend.

"A deal may have been struck on the debt ceiling, but it's not fully calmed nervousness on financial markets," said Susannah Streeter, head of money and markets at Hargreaves Lansdown.

The bipartisan deal to raise the $31.4 trillion U.S. debt ceiling faces its first test in Congress on Tuesday.

A stronger pound also weighed on the exporter-heavy index.

Rolls-Royce dipped 3.1% after India filed a graft case on Monday against the engine maker and BAE Systems for "criminal conspiracy" in the procurement and licensed manufacturing of 123 advanced jet trainers.

BAE Systems was down 0.8%.

The mid-cap FTSE 250 gained 0.1%, as London-listed shares of RHI Magnesita NV jumped 23.6% after the refractory products supplier received an offer to buy 20% of its stock.

UK equities have recently come under pressure on worries over more rate hikes as inflation remains stubbornly elevated. Analysts are concerned that the economy could enter a period of stagflation which would not bode well for company earnings.

Official figures showed Britain's highest inflation in four decades failed to boost company profits last year, with the exception of oil and gas extractors. (Reporting by Johann M Cherian and Shashwat Chauhan in Bengaluru; editing by Eileen Soreng and David Evans)

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LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

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

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16 Jan 2024 09:02

Berenberg lowers Rolls-Royce to 'sell'

(Sharecast News) - Analysts at Berenberg lowered aerospace and defence giant Rolls-Royce to 'sell' from 'hold' on Tuesday, citing an unfavourable risk/reward scenario, but marked up their target price on the stock from 100.0p to 240.0p.

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16 Jan 2024 08:48

LONDON MARKET OPEN: FTSE 100 in red; UK wage growth cools

(Alliance News) - The FTSE 100 in London opened lower on Tuesday, after data showed that wage growth in the UK slowed in the three months to November.

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16 Jan 2024 07:37

LONDON BRIEFING: UK jobless rate sticks at 4.2% but pay growth slows

(Alliance News) - Stocks in London are called to open lower on Tuesday, following data showing that the UK jobless rate was unchanged at 4.2% as pay growth slowed.

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12 Jan 2024 17:41

FTSE 100 ends higher as miners, defence stocks offset Burberry losses

Burberry falls on profit warning

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8 Jan 2024 09:49

CORRECT: BMW's Rolls-Royce Motor Cars heralds "extraordinary" year

(Clarifies that Rolls-Royce Motor Cars is owned by BMW.)

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8 Jan 2024 09:24

LONDON BROKER RATINGS: Barclays cuts Berkley and Barratt, ups Bellway

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

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8 Jan 2024 09:08

Rolls-Royce Motor Cars heralds "extraordinary" year

(Alliance News) - Rolls-Royce Motor Cars achieved "extraordinary" record sales last year, the luxury car-maker announced.

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4 Jan 2024 11:51

Japan Airlines counts losses from wrecked Tokyo plane

TOKYO, Jan 4 (Reuters) - Japan Airlines (JAL) on Thursday said it expected losses of more than $100 million after one of its planes was destroyed when it collided with another aircraft on the runway at Tokyo's Haneda airport this week.

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3 Jan 2024 20:49

Concerns mount over runway technology gap as Japan probes crash

PARIS, Jan 3 (Reuters) -

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2 Jan 2024 23:47

Five dead after JAL airliner crashes into quake aid plane at Tokyo airport

Jet burst into flames after collision with Coast Guard plane

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2 Jan 2024 20:19

Five dead after JAL airliner crashes into quake aid plane at Tokyo airport

Jet burst into flames after collision with Coast Guard plane

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Read more
2 Jan 2024 17:43

France to send forensic experts to Tokyo after airport collision

PARIS, Jan 2 (Reuters) - A team of forensic experts from planemaker Airbus and French state agency BAE will arrive in Japan on Wednesday to help authorities investigate the deadly accident involving a A350 plane at Tokyo's Haneda airport, they said on Tuesday.

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2 Jan 2024 15:25

Airbus to assist French, Japanese investigators on Tokyo airport collision

PARIS, Jan 2 (Reuters) - Airbus will send a team of experts to assist French and Japanese authorities as they investigate the deadly accident involving one of its A350 planes at Tokyo's Haneda airport on Tuesday, the planemaker said.

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