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Pin to quick picksSuperdry Share News (SDRY)

Share Price Information for Superdry (SDRY)

London Stock Exchange
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Share Price: 7.00
Bid: 6.51
Ask: 7.00
Change: -0.22 (-3.15%)
Spread: 0.49 (7.527%)
Open: 7.49
High: 7.49
Low: 6.50
Prev. Close: 6.975
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London stocks fall as Middle East tensions weigh

Mon, 15th Apr 2024 17:25

Superdry falls on restructuring plan

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PageGroup's quarterly profit slumps, shares down

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Ashmore down on worse than expected outflows

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FTSE 100 down 0.5%, FTSE 250 off 0.1%

April 15 (Reuters) - The UK's benchmark FTSE 100 lost ground on Monday hurt by losses in heavyweight energy shares and precious metal miners on growing geopolitical risks due to conflict in the Middle East, while a rise in BAE Systems kept the declines in check.

The resources-heavy FTSE 100 fell 0.5% from nearing its record-high levels hit on Friday. The midcap FTSE 250 index was down 0.1%.

Precious metal miners led sectoral losses, sliding 5.2%, while heavyweight oil and gas shares dipped 1.8%, tracking lower crude prices as market participants dialled back on risk premiums amid Iran's weekend attacks on Israel.

"Geopolitical risks are unusually elevated and are likely to remain so," said Emily Bowersock Hill, CEO and founding partner at Bowersock Capital Partners.

Aerospace and defence stocks advanced 1.0%, led by BAE Systems which rose 1.4% among other global defence stocks on growing tensions in the Middle East.

Markets will now shift their focus to British consumer prices and retail sales data later in the week for more clues on the Bank of England's monetary policy path.

Meanwhile, U.S. retail sales increased more than expected in March amid a surge in receipts at online retailers, further evidence that the economy ended the first quarter on solid ground.

Federal Reserve speakers, including Chair Jerome Powell, will also be on investors' radar on Tuesday.

Shares of Superdry tumbled 5.9% after the struggling British fashion chain said it is in advanced stages of preparing a restructuring plan that is expected to launch in the coming days.

PageGroup dropped 9.1% after the staffing company reported a nearly 13% fall in first-quarter group gross profit, reflecting slow hiring in major markets.

Ashmore lost 3.2% after the fund manager said its assets under management dropped in the first quarter, as choppy markets kept investor appetite for risk assets subdued.

Mitie Group topped the midcap index, climbing 6.6% as the outsourcer announced a share buyback programme. (Reporting by Pranav Kashyap, Khushi Singh and Shubham Batra in Bengaluru; Editing by Mrigank Dhaniwala and Jonathan Oatis)

More News
29 Jan 2024 07:47

Superdry working with advisers on cost-saving options

(Sharecast News) - Superdry said on Monday that it is working with advisers on cost-saving options.

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29 Jan 2024 07:27

Superdry confirms working with advisors on possible restructuring plan

(Alliance News) - Clothing retailer Superdry PLC early Monday confirmed it is working with advisors to consider "the feasibility of various material cost saving options".

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26 Jan 2024 16:21

London close: Stocks finish higher as US inflation cools

(Sharecast News) - London's financial markets closed positively on Friday, as investors were buoyed by an optimistic consumer confidence survey and a lower-than-anticipated inflation reading from across the pond.

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26 Jan 2024 11:27

Superdry finance chief departs as earnings fall and loss widen

(Alliance News) - Superdry PLC on Friday said that challenging markets and weather conditions had hurt its interim earnings, with the company also set to lose another financial officer in March.

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26 Jan 2024 09:52

SMALL-CAP WINNERS & LOSERS: Saga mulls partnership for Cruise arm

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

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26 Jan 2024 08:48

LONDON MARKET OPEN: Oil majors boost FTSE; LVMH lifts Burberry

(Alliance News) - The FTSE 100 looked set to end the week on a high note in early Friday trading, buoyed by strong US economic data and rising oil prices.

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26 Jan 2024 07:42

LONDON BRIEFING: Superdry notes challenges; WH Smith starts strong

(Alliance News) - Stocks in London are expected to rise on Friday, after a positive finish in New York amid hopes for an economic soft landing.

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26 Jan 2024 07:33

Superdry woes continue as H1 sales drop, CFO exits

(Sharecast News) - Superdry has reported a substantial reduction in group sales in the first half and said that there was no let up in the "challenging" trading conditions over Christmas as it painted a gloomy outlook for the full financial year.

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23 Jan 2024 09:55

SMALL-CAP WINNERS & LOSERS: Henry Boot warns on 2024 profit

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

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19 Jan 2024 15:35

UK earnings, trading statements calendar - next 7 days

Monday 22 January 
Baillie Gifford US Growth Trust PLCHalf Year Results
City of London Investment Group PLCTrading Statement
Edinburgh Worldwide Investment Trust PLCFull Year Results
Polar Capital Global Financials Trust PLCFull Year Results
S4 Capital PLCTrading Statement
Tuesday 23 January 
Aptitude Software Group PLCTrading Statement
Associated British Foods PLCTrading Statement
CC Japan Income & Growth Trust PLCFull Year Results
Crest Nicholson Holdings PLCFull Year Results
FireAngel Safety Technology Group PLCTrading Statement
Henry Boot PLCTrading Statement
Ilika PLCHalf Year Results
Marston's PLCTrading Statement
Premier Foods PLCTrading Statement
Staffline Group PLCTrading Statement
Velocity Composites PLCFull Year Results
Watkin Jones PLCFull Year Results
Wednesday 24 January 
Britvic PLCTrading Statement
Computacenter PLCTrading Statement
Fresnillo PLCTrading Statement
Hargreaves Services PLCHalf Year Results
Hochschild Mining PLCTrading Statement
JD Wetherspoon PLCHalf Year Results
Lords Group Trading PLCFull Year Results
PayPoint PLCTrading Statement
PensionBee Group PLCTrading Statement
Quilter PLCTrading Statement
TI Fluid Systems PLCTrading Statement
Watkin Jones PLCFull Year Results
Thursday 25 January 
Britvic PLCTrading Statement
Conduit Holdings LtdTrading Statement
CVS Group PLCTrading Statement
Fevertree Drinks PLCTrading Statement
Foxtons Group PLCFull Year Results
Fuller, Smith & Turner PLCTrading Statement
Halfords Group PLCTrading Statement
Idox PLCFull Year Results
IG Group Holdings PLCHalf Year Results
Intermediate Capital Group PLCTrading Statement
Mitie Group PLCTrading Statement
NCC Group PLCHalf Year Results
Newmark Security PLCHalf Year Results
Next 15 Group PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
Secure Trust Bank PLCTrading Statement
St James's Place PLCTrading Statement
Time Finance PLCHalf Year Results
Titon Holdings PLCFull Year Results
Wizz Air Holdings PLCQ3 Results
Friday 26 January 
Paragon Banking Group PLCTrading Statement
Record PLCTrading Statement
Superdry PLCHalf Year Results
Taylor Maritime Investments LtdTrading Statement
WH Smith PLCTrading Statement
YouGov PLCTrading Statement
  
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A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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18 Jan 2024 09:40

SMALL-CAP WINNERS & LOSERS: Ceres Power inks licence deal with Delta

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

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16 Jan 2024 17:17

FTSE 100 hits one-month low, precious miners biggest drag

FTSE 100 down 0.5%, FTSE 250 flat

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16 Jan 2024 16:56

LONDON MARKET CLOSE: European shares fall as Fed rate cut bets ebb

(Alliance News) - Stock prices in London closed lower on Tuesday, as investors dialled back their Federal Reserve interest rate cut expectations, with eyes also on Wednesday's UK inflation data.

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16 Jan 2024 16:18

PRESS: Superdry slides amid report PWC hired to advise on financing

(Alliance News) - Shares in Superdry PLC fell sharply on Tuesday after reports the clothing retailer has enlisted one of the big four accountancy firms to advise on its finances in the wake of a pre-Christmas profit warning.

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16 Jan 2024 14:05

Superdry enlists PwC to review debt options - report

(Sharecast News) - Superdry shares tumbled on Tuesday following a report the fashion retailer has enlisted one of the big four accountancy firms to advise on its finances in the wake of a pre-Christmas profit warning.

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