The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 68.44
Bid: 68.40
Ask: 68.44
Change: 0.00 (0.00%)
Spread: 0.04 (0.058%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 68.44
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Britain's FTSE flat as sterling strength outweighs M&A and strong miners

Thu, 02nd Feb 2017 10:20

(ADVISORY - Follow European and UK stock markets in real timeon the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)

* FTSE 100 down 0.1 percent

* Reckitt Benckiser takeover news buoys stock

* Aberdeen fund manager sinks on further outflows

LONDON, Feb 2 (Reuters) - Britain's blue-chip FTSE 100 index was flat on Thursday, as a strong sterling offsetgains by consumer products group Reckitt Benckiser related to a potential acquisition, as well as strong energy andmining sectors.

The index held steady as sterling reached a seven-week highafter lawmakers last night voted in favour of beginning theBrexit process. A strong sterling weighs on theindex heavy in foreign-earning companies.

Reckitt Benckiser was a top gainer after saying it was inadvanced talks to buy U.S. baby-food maker Mead Johnson. Its shares were last up 2.5 percent and werethrough their 30-day average daily volume in the first 40minutes of trade.

"Reckitt Benckiser makes it a brace of companies whose shareprices have defied traditional M&A reaction recently, rising onnews of spending big to acquire," Mike van Dulken, head ofresearch at Accendo Markets, said in a note.

Foodservice company Compass Group gained 2.6 percentafter maintaining its full-year outlook.

Miners Randgold Resources and Fresnillo also supported the index, up 1.5 to 2.1 percent respectively.

Shares in oil major Shell climbed 1.3 percentdespite profits missing expectations, as debt reduction effortsand a healthy dividend pleased investors.

"Upstream made a profit two quarters in a row, which willgive people encouragement, and cash flow was strong," added RussMould, investment director at AJ Bell.

Worldpay Group was the worst-performing blue-chipstock, down 3.8 percent after stakeholder Ship Global 2 &CYS.C.A. sold 214 million shares in the online payments company. The stock was through 10 days' worth of averagetrading volume as markets digested the sale.

Pharmaceuticals giant AstraZeneca was also a faller,down 1.5 percent after it said profit and revenue would declinethis year as cheap generic versions of its cholesterol drug hitsales.

Energy companies led the small-cap index higher,with oil exploration consultant RPS Group up 9.8 percent afterit increased its profit outlook. Its shares were headed fortheir best daily gains since Feb. 2015.

Liberum analysts cited President Trump's commitment toinfrastructure spending, and reinitiation of the Keystone XLpipeline project, as positive for RPS, on which it has a 'buy'rating.

Aberdeen Asset Management was the worst-performingstock in the mid-cap index, down 4.7 percent after itsfirst-quarter trading update showed outflows of 10.5 billionpounds, higher than expected.

This marks the 14th consecutive quarter of equity outflowsfor the firm, UBS analysts said. (Reporting by Helen Reid; Editing by Mark Potter)

More News
25 Jan 2024 11:33

Emirates stake in Vodafone poses national security risk, UK says

LONDON, Jan 25 (Reuters) - Emirates Telecommunications' stake in Vodafone is a national security risk in respect of the British company's government contracts, Britain said, adding that Vodafone should take steps to manage the risk. (Reporting by Paul Sandle and Elizabeth Piper, Editing by Kylie MacLellan)

Read more
22 Jan 2024 09:02

Vodafone hails successful European test of enhanced 5G uplink tech

(Alliance News) - Vodafone Group PLC, Qualcomm Inc and Xiaomi Corp on Monday said a first successful 5G test of its kind in Europe will pave the way for faster upload speeds and wider coverage during 2024.

Read more
18 Jan 2024 09:16

LONDON BROKER RATINGS: Exane BNP cuts BAE; Liberum lifts Naked Wines

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

Read more
17 Jan 2024 15:17

Norway's Telenor hopes for consolidation in Europe, CEO says at Davos

DAVOS, Switzerland, Jan 17 (Reuters) - Norway's Telenor hopes to see consolidation in the European telecoms sector although the company itself does not have concrete plans at the moment, its CEO told the Reuters Global Markets Forum in Davos on Wednesday.

Read more
16 Jan 2024 16:17

London close: Stocks finish lower as wage growth eases

(Sharecast News) - London's stock markets finished in the red on Tuesday, as investors assessed the latest UK jobs data.

Read more
16 Jan 2024 10:25

Vodafone signs $1.5 bln Microsoft deal for AI, cloud and IoT

LONDON, Jan 16 (Reuters) - Vodafone has agreed a 10-year partnership with Microsoft to bring generative AI, digital, enterprise and cloud services to more than 300 million businesses and consumers across its European and African markets.

Read more
16 Jan 2024 08:53

TOP NEWS: Vodafone and Microsoft sign 10-year strategic deal

(Alliance News) - Vodafone Group PLC and Microsoft Corp on Tuesday announced a new strategic partnership focused on cloud strategy, digital services and generative artificial intelligence.

Read more
16 Jan 2024 07:19

Vodafone to invest $1.5bn in new Microsoft partnership

(Sharecast News) - Vodafone has signed a 10-year strategic partnership with American software giant Microsoft which will see the UK-listed telecoms group invest $1.5bn over the next decade.

Read more
16 Jan 2024 07:00

Vodafone signs $1.5 bln Microsoft deal for AI, cloud and IoT

LONDON, Jan 16 (Reuters) - Vodafone has agreed a 10-year partnership with Microsoft to bring generative AI, digital, enterprise and cloud services to more than 300 million businesses and consumers across its European and African markets.

Read more
15 Jan 2024 09:11

LONDON BROKER RATINGS: Exane BNP cuts HSBC; Peel Hunt raises Hammerson

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

Read more
12 Jan 2024 09:14

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

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

Read more
11 Jan 2024 08:13

Former ECB head Draghi consults business chiefs on EU competitiveness

Former ECB chief preparing report on EU competitiveness

*

Read more
10 Jan 2024 14:18

Former ECB head Draghi sounds out businesses to boost EU competitiveness

MILAN, Jan 10 (Reuters) - Mario Draghi met business leaders in Milan on Wednesday as the former Italian prime minister and European Central Bank chief prepares a report on how to boost the continent's competitiveness.

Read more
2 Jan 2024 18:36

Egyptians greeted by hefty price rises in new year

CAIRO, Jan 2 (Reuters) - Egyptians entered the new year facing a series of price hikes as the government battles to keep up with rampant inflation.

Read more
21 Dec 2023 17:13

London stocks slip after global rally pauses

FTSE 100, FTSE 250 down 0.3%

*

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.