Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWh Smith Share News (SMWH)

Share Price Information for Wh Smith (SMWH)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,156.00
Bid: 1,164.00
Ask: 1,166.00
Change: -23.00 (-1.95%)
Spread: 2.00 (0.172%)
Open: 1,174.00
High: 1,188.00
Low: 1,156.00
Prev. Close: 1,179.00
SMWH Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London stocks extend losses on global economic gloom, WH Smith slides

Wed, 06th Sep 2023 17:26

FTSE 100 logs three straight sessions of losses

*

Bridgepoint rises on Energy Capital Partners deal

*

WH Smith bottoms midcap; no further outlook upgrade

*

Darktrace dips on earnings squeeze

*

Both FTSE 100, FTSE 250 fall 0.2%

By Khushi Singh and Siddarth S

Sept 6 (Reuters) -

Britain's FTSE 100 edged lower on Wednesday as recent economic data from U.S. and Europe continued to dampen global sentiment, while WH Smith led midcaps lower as the retailer fell short of a recently raised profit forecast.

The exporter-heavy FTSE 100 index was down 0.2%, still clocking smaller declines than the broader STOXX 600 as the pound slumped to a near three-month low against a resurgent dollar.

The midcap FTSE 250 index lost 0.2%, marking a four-day losing streak.

Global markets

extended falls as stronger-than-expected U.S. services sector data suggested inflation pressures persist.

British construction firms suffered a sharp drop in orders in August, adding to concerns about a slowing economy amid rising interest rates, data showed.

Construction and materials index fell 1.1%.

WH Smith tumbled 6.3% after the retailer fell short of a recently raised profit forecast, even as annual revenue jumped 28%.

Personal goods index, down 4.0%, led sectoral declines, marking the worst day in over 7 weeks.

Cyber-security company Darktrace said changes to its sales commission would

squeeze

its earnings margin in the current year, sending shares down 2.5%.

"Darktrace really needs a steady period of delivery to help win credibility with the market," AJ Bell investment director Russ Mould said in a note.

Bridgepoint shares rose 8.2% after the alternative asset fund manager said it would buy Energy Capital Partners for an initial 835 million pounds ($1.05 billion), including debt.

Markets remain cautious as investors await upcoming monetary policy decisions from the Bank of England (BoE) and U.S. Federal Reserve later this month.

BoE Governor Andrew Bailey

said

the central bank is "much nearer" to ending its run of interest rates increases, but that borrowing costs might still have further to rise due to stubborn inflation pressures.

The BoE is expected to raise borrowing costs again later this month, to 5.5%. (Reporting by Siddarth S and Khushi Singh in Bengaluru; editing by Sohini Goswami and Mark Heinrich)

More News
15 Jun 2022 09:02

TOP NEWS: WH Smith quarterly revenue tops pre-virus for first time

(Alliance News) - WH Smith PLC on Wednesday said its third quarter revenue has topped pre-pandemic levels for the first time, helped by its strong travel unit.

Read more
15 Jun 2022 08:50

LONDON MARKET OPEN: Stocks open higher as hefty US rate hike looms

(Alliance News) - UK financial markets calmed on Wednesday despite the week's key risk event, the Federal Reserve's latest US interest rate decision, looming large.

Read more
15 Jun 2022 07:54

LONDON MARKET PRE-OPEN: WH Smith says trading tops pre-pandemic level

(Alliance News) - Stocks in London were seen opening higher on Wednesday ahead of a hotly anticipated US interest rate decision, with the Federal Reserve expected to carry out its largest rate hike since 1994.

Read more
15 Jun 2022 07:03

WH Smith sees FY results at top end of expectations

(Sharecast News) - WH Smith on Wednesday said it expected annual results to be at the upper end of expectations as it reported a surge in revenue over pre-Covid pandemic levels for the first time, driven by a recovery in the travel market.

Read more
8 Jun 2022 16:02

UK earnings, trading statements calendar - next 7 days

Thursday 9 June 
Peel Hunt LtdFull Year Results
CMC Markets PLCFull Year Results
British American Tobacco PLCTrading Statement
AVI Global Trust PLCHalf Year Results
Tate & Lyle PLCFull Year Results
Mitie Group PLCFull Year Results
Norcros PLCFull Year Results
Fuller Smith & Turner PLCFull Year Results
TR Property Investment Trust PLCFull Year Results
RWS Holdings PLCHalf Year Results
Friday 10 June 
Industrials REIT LtdFull Year Results
Monday 13 June 
Augmentum Fintech PLCFull Year Results
Molten Ventures PLCFull Year Results
Sirius Real Estate LtdFull Year Results
Tuesday 14 June 
Ashtead Group PLCFull Year Results
Bellway PLCTrading Statement
CML Microsystems PLCFull Year Results
Crest Nicholson Holdings PLCHalf Year Results
discoverIE Group PLCFull Year Results
Driver Group PLCHalf Year Results
Ferguson PLCQ3 Results
FirstGroup PLCFull Year Results
iomart Group PLCFull Year Results
LoopUp Group PLCTrading Statement
Montanaro UK Smaller Cos Investment Trust PLCFull Year Results
OnTheMarket PLCFull Year Results
Oxford Instruments PLCFull Year Results
Paragon Banking Group PLCHalf Year Results
Renalytix PLCTrading Statement
Vianet Group PLCFull Year Results
Wednesday 15 June 
AO World PLCFull Year Results
Bloomsbury Publishing PLCFull Year Results
Castings PLCFull Year Results
Custodian REIT PLCFull Year Results
Allied Minds PLCFull Year Results
Tatton Asset Management PLCFull Year Results
FireAngel Safety Technology Group PLCTrading Statement
Idox PLCHalf Year Results
IGas Energy PLCTrading Statement
JPMorgan European Discovery Trust PLCFull Year Results
Motorpoint Group PLCFull Year Results
SCS Group PLCTrading Statement
Severfield PLCFull Year Results
WH Smith PLCQ3 Trading Update
Whitbread PLCTrading Statement
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
8 Jun 2022 09:21

WH Smith hires Admiral Group Chair Annette Court as new chair

(Alliance News) - WH Smith PLC on Wednesday said it has appointed Annette Court, chair of Cardiff-based insurer Admiral Group PLC, as chair designate and non-executive director.

Read more
8 Jun 2022 07:52

LONDON MARKET PRE-OPEN: Aveva lifts dividend, warns on revenue growth

(Alliance News) - Stock prices in London were seen opening higher on Wednesday following an upbeat finish in New York on Tuesday, even as the World Bank lowered its global economic forecast.

Read more
8 Jun 2022 07:46

WH Smith names Annette Court as chair designate

(Sharecast News) - Retailer WH Smith named Annette Court as a non-executive director and chair designate on Wednesday, succeeding outgoing chairman Henry Staunton.

Read more
18 May 2022 10:34

LONDON BROKER RATINGS: Kepler cuts Astra to hold; RBC raises Reckitt

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

Read more
18 May 2022 09:45

JPMorgan upgrades WHSmith to 'overweight', hikes price target

(Sharecast News) - JPMorgan Cazenove upgraded WHSmith on Wednesday to 'overweight' from 'neutral' and hiked the price target to 1,900p from 1,760p, saying it sees both an inflection point for the business and consistent momentum in the recovery data.

Read more
27 Apr 2022 12:15

LONDON MARKET MIDDAY: FTSE reverses early fall on bank and miner boost

(Alliance News) - Investor sentiment stabilised in London midday Wednesday, helped by a bounce in banking and mining shares.

Read more
27 Apr 2022 10:13

TOP NEWS: WH Smith returns to profit on Travel unit revival

(Alliance News) - WH Smith PLC on Wednesday said its Travel arm has seen an upturn in fortunes, despite a small hit from the Omicron variant of Covid-19 in the recent half-year.

Read more
27 Apr 2022 09:42

LONDON BROKER RATINGS: Bank of America cuts Melrose, raises Spectris

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

Read more
27 Apr 2022 08:45

LONDON MARKET OPEN: Aveva weighs on FTSE 100 as Russia sours mood

(Alliance News) - Stocks in London early Wednesday followed a lousy session in the US overnight, with the FTSE 100 dragged down by steep losses for industrial software firm Aveva.

Read more
27 Apr 2022 07:53

LONDON MARKET PRE-OPEN: Lloyds and WPP raise outlook; Aveva cautions

(Alliance News) - Stock prices in London are set to open higher on Wednesday, despite the brutal losses endured in New York overnight, though with sentiment downbeat following mixed US tech earnings and concerns over an escalation of tensions between Russia and the EU.

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.