The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSouth32 Share News (S32)

Share Price Information for South32 (S32)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 201.80
Bid: 201.00
Ask: 202.20
Change: 2.00 (1.00%)
Spread: 1.20 (0.597%)
Open: 202.40
High: 202.40
Low: 198.00
Prev. Close: 199.80
S32 Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Helical has good half; South32 sees growth

Mon, 24th Oct 2022 11:08

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

----------

SMALL-CAP - WINNERS

----------

Helical PLC, up 4.8% at 31.63 pence, 12-month range 292.25-497.00p. Has a "good first half", having completed four new lettings and the sale of its Kaleidoscope property in September. In a trading update ahead of its half-year results, the London-based property investor says it completed four new lettings, delivering contracted rent of GBP1.3 million at a 2.2% premium to March 31 estimated rental value. Helical will receive GBP1.2 million of the contracted rent. Completes GBP200 million of sales in the period, all above the assets' March book value. This includes the GBP158.5 million sale of Kaleidoscope to Chinachem Group and the sale of Trinity in Manchester to clients of Mayfair Capital for GBP34.6 million. At October 21, Helical had collected 97% of its September quarter rent, improved from 94% at the same point last year.

----------

SMALL-CAP - LOSERS

----------

South32 Ltd, down 5.6% at 202.00 pence, 12-month range 1.85p-209.20p. Posts mostly lower production performance in the first quarter, but guides for strong annual output growth overall, despite lowering guidance for coal. The Perth, Australia-based diversified miner said aluminium production rose by 13% to 279,000 tonnes for the first quarter that ended September 30, up from 248,000 tonnes in the prior year as its Southern African smelters continued to test their maximum technical capacity and the Brazil Aluminium smelter was successfully restarted. In its financial year 2023 guidance, the group expects 13% production growth.

----------

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
30 Mar 2022 08:59

South32 expects to acquire Mozal Aluminium stake in mid-2022

(Alliance News) - South32 Ltd announced on Wednesday it expects to finalise the acquisition of an additional stake in Mozambique-based aluminium smelter Mozal Aluminium in mid-2022 following a delay.

Read more
10 Mar 2022 10:00

LONDON BROKER RATINGS: Barclays upgrades Great Portland and CapCo

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

Read more
7 Mar 2022 08:36

South32 says sale of South African manganese smelter falls through

(Alliance News) - South32 Ltd on Monday said a majority owned joint venture will no longer proceed with the proposed sale of a manganese asset in South Africa.

Read more
22 Feb 2022 10:50

South32 acquires 45% stake in Sierra Gord mine for USD1.4 billion

(Alliance News) - South32 Ltd said on Tuesday it has completed the acquisition of a 45% interest in a copper mine in Chile.

Read more
18 Feb 2022 09:41

LONDON BROKER RATINGS: Berenberg says buy Aveva, Deutsche says hold

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

Read more
17 Feb 2022 10:21

South32 ups dividend and buyback as profit surges

(Sharecast News) - South32 announced a big increase to its dividend and added to its share buyback after rising commodity prices fuelled a surge in first-half profit at the mining group.

Read more
17 Feb 2022 08:23

South32 promises further green aluminium investment as profit spikes

(Alliance News) - South32 Ltd on Thursday reported a bumper first half with a 57% rise in revenue driving a surge in profit, but operational challenges remain.

Read more
10 Feb 2022 16:09

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
2 Feb 2022 09:42

LONDON BROKER RATINGS: Ocado raised; Jefferies likes Auto Trader

LONDON BROKER RATINGS: Ocado raised; Jefferies likes Auto Trader

Read more
25 Jan 2022 09:57

LONDON BROKER RATINGS: Credit Suisse likes Hargreaves Lansdown, abrdn

LONDON BROKER RATINGS: Credit Suisse likes Hargreaves Lansdown, abrdn

Read more
24 Jan 2022 07:44

South32 says Covid-19 pandemic still casting shadow over production

South32 says Covid-19 pandemic still casting shadow over production

Read more
21 Jan 2022 09:38

LONDON BROKER RATINGS: Berenberg ups Rentokil; Citi cuts Computacenter

LONDON BROKER RATINGS: Berenberg ups Rentokil; Citi cuts Computacenter

Read more
17 Jan 2022 07:58

Pre-feasibility study points to good potential at South32's Hermosa

Pre-feasibility study points to good potential at South32's Hermosa

Read more
17 Jan 2022 07:54

South32's Hermosa has potential to produce metals, study shows

South32's Hermosa has potential to produce metals, study shows

Read more
6 Jan 2022 06:43

South32 and Alcoa to restart dormant aluminium smelter in Brazil

South32 and Alcoa to restart dormant aluminium smelter in Brazil

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.