Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSevern Trent Share News (SVT)

Share Price Information for Severn Trent (SVT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,386.00
Bid: 2,393.00
Ask: 2,395.00
Change: 50.00 (2.14%)
Spread: 2.00 (0.084%)
Open: 2,345.00
High: 2,398.00
Low: 2,331.00
Prev. Close: 2,336.00
SVT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK's FTSE 100 gains on energy boost; real estate stocks slip

Mon, 10th Jul 2023 17:30

Water utility firms rise on Thames Water news

*

Miners under pressure after weak China data

*

BT Group down on CEO's plan to step down

*

Real estate stocks fall on HSBC's bearish outlook on sector

*

FTSE 100 up 0.2%, FTSE 250 adds 0.1%

July 10 (Reuters) - UK's FTSE 100 ended higher on Monday as gains in energy firms outpaced losses in mining stocks after weak Chinese economic data renewed slowing demand concerns.

The blue-chip FTSE 100 gained 0.2%, while the more domestically focussed FTSE 250 midcap index added 0.1%.

Oil major Shell rose 1.0% after Deutsche Bank raised its price target on the stock, while the broader oil and gas sector added 0.7%.

Industrial metal miners lost 0.7%, tracking a fall in most base metal prices.

Top metals consumer China said producer prices fell at their fastest pace in over seven years in June, while consumer prices teetered on the edge of deflation.

"The continued loss of power in the Chinese economy is concerning investors," said Susannah Streeter, head of money and markets at Hargreaves Lansdown.

China-exposed stocks like insurer Prudential fell 0.4%, while lenders Standard Chartered and HSBC Holdings lost 0.8% and 0.5%, respectively.

Debt-ridden water company Thames Water said its investors agreed to pump 750 million pounds ($960 million) into the firm, lifting water utility firms United Utilities Group and Severn Trent up 1% and 1.5% respectively.

A bearish note from HSBC on the UK real estate weighed on the sector, pushing the real estate investment trusts (REITs) and real estate sector down nearly 0.5% each.

Travel stocks led gains, up 1.6% following last week's 3% fall.

Telecoms firm BT Group fell 0.2% as the company began its hunt for a new chief executive after incumbent Philip Jansen said he planned to step down.

The FTSE 100 is down 2.3% for the year, versus a 5.6% gain in the pan-European STOXX 600 index. Citigroup downgraded UK stocks to 'neutral' and upgraded European shares, on a lack of exposure to growth stocks and a stronger pound.

Meanwhile, Bank of England Governor Andrew Bailey reiterated the central bank's commitment to "see the job through" and get inflation back to target. (Reporting by Shashwat Chauhan and Shristi Achar A in Bengaluru; Editing by Dhanya Ann Thoppil, Sohini Goswami and Christina Fincher)

More News
26 Sep 2023 08:46

LONDON MARKET OPEN: Stocks slide as market mood remains downbeat

(Alliance News) - Stock prices in London slid lower on Tuesday as concerns around the health of the world's second-largest economy continued to cloud market mood.

Read more
20 Sep 2023 09:34

LONDON BROKER RATINGS: SocGen cuts BAE; BoA resumes IHG with 'buy'

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

Read more
19 Sep 2023 09:46

LONDON BROKER RATINGS: HSBC cuts NatWest; Stifel likes Computacenter

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

Read more
12 Sep 2023 09:35

LONDON BROKER RATINGS: Citigroup cuts Pennon; Exane BNP cuts Reckitt

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

Read more
23 Aug 2023 14:53

Broker tips: Prudential, National Grid, SSE

(Sharecast News) - Deutsche Bank has cut its target price for insurance giant Prudential ahead of its results next week, but said the stock is still an "attractive" investment at the current valuation.

Read more
23 Aug 2023 09:03

LONDON BROKER RATINGS: UBS and Deutsche Bank cut BHP price target

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

Read more
18 Aug 2023 07:49

LONDON BRIEFING: UK retail sales slump; CMA clears Severn Trent

(Alliance News) - Stocks in London are expected to add to their losses on Friday, amid gloomy retail sales data.

Read more
18 Aug 2023 07:40

UK regulator gives Severn Trent's Andigestion purchase green light

(Alliance News) - The UK Competition & Markets Authority on Friday said it will not further investigate the planned merger of Severn Trent PLC with Andigestion Ltd.

Read more
31 Jul 2023 12:04

EXECUTIVE CHANGES: RBG adds Ian Rosenblatt to board; new Tracsis chair

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and late last week and not separately reported by Alliance News:

Read more
19 Jul 2023 17:30

British stocks rally, homebuilders clock best day since 2008

Housing-related stocks jump as inflation eases

*

Read more
19 Jul 2023 07:18

Severn Trent trading in line ahead of new regulatory investment period

(Sharecast News) - Severn Trent said in an update on Wednesday that its financial performance remained on track, meeting expectations, as it anticipated delivering a net reward of at least £50m in customer outcome delivery incentives (ODIs).

Read more
14 Jul 2023 09:13

LONDON BROKER RATINGS: HSBC says 'buy' AstraZeneca but 'reduce' GSK

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

Read more
12 Jul 2023 15:56

UK earnings, trading statements calendar - next 7 days

Thursday 13 July 
Barratt Developments PLCTrading Statement
Brooks Macdonald Group PLCTrading Statement
Brunner Investment Trust PLCHalf Year Results
DCC PLCTrading Statement
DSW Capital PLCFull Year Results
Experian PLCTrading Statement
Hays PLCTrading Statement
Gym Group PLCTrading Statement
Hipgnosis Songs Fund LtdFull Year Results
Ilika PLCFull Year Results
John Wood Group PLCTrading Statement
musicMagpie PLCHalf Year Results
TClarke PLCHalf Year Results
Watches of Switzerland Group PLCFull Year Results
Friday 14 July 
Ashmore Group PLCTrading Statement
Burberry Group PLCTrading Statement
Liontrust Asset Management PLCTrading Statement
McBride PLCTrading Statement
Ninety One PLC and LtdTrading Statement
Monday 17 July 
Brickability Group PLCFull Year Results
Gore Street Energy Storage Fund PLCFull Year Results
Northern Bear PLCFull Year Results
Tuesday 18 July 
Arbuthnot Banking Group PLCHalf Year Results
Artisanal Spirits Co PLCTrading Statement
IntegraFin Holdings PLCTrading Statement
Luceco PLCTrading Statement
Midwich Group PLCTrading Statement
Ocado Group PLCHalf Year Results
Petra Diamonds LtdTrading Statement
Record PLCTrading Statement
Rio Tinto PLCTrading Statement
Wise PLCTrading Statement
Wednesday 19 July 
Antofagasta PLCTrading Statement
BHP Group LtdTrading Statement
Hargreaves Lansdown PLCTrading Statement
Severn Trent PLCTrading Statement
Redcentric PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
10 Jul 2023 17:02

LONDON MARKET CLOSE: FTSE 100 rises despite tame Chinese data

(Alliance News) - The FTSE 100 in London inched higher on Monday, as investors shook off some soft Chinese data and looked ahead to a US inflation reading due on Wednesday.

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.