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: 69.78
Bid: 69.70
Ask: 69.72
Change: 0.82 (1.19%)
Spread: 0.02 (0.029%)
Open: 69.20
High: 70.16
Low: 69.18
Prev. Close: 68.96
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London close: Markets pare gains as investors digest Greek deal

Tue, 27th Nov 2012 16:39

- Europe grants Greece more aid- OECD cuts growth estimates- Footsie comes off day's highs by the closeAfter a solid start for the Footsie following last night's Greek bailout deal, gains were pared by the close of trade on Tuesday with some saying that the agreement just kicks the can down the road for the heavily indebted nation.The FTSE 100 index finished the session at 5,800, up 13 points on the day (+0.22%) but under the intraday high of 5,822 reached this morning.Eurozone finance ministers yesterday finally inked out an agreement on Greece, giving the green light to the disbursement of the next €43.7bn bailout tranche (€34.4bn will be issued next month and the remaining monies will be disbursed in the first quarter of 2013).Market strategist Ishaq Siddiqi from ETX Capital said that the deal was widely priced in to markets given the subdued reaction. "Traders feel all EU leaders have done here is kick the can way down the road with the measures perhaps still not as affective to solve Greece's problems."Similarly, the agreement was labelled a "new can-kicking world record" by Societe Generale chief currencies strategist Kit Juckes. "The key issue for Greece, as for the rest of the Eurozone, is the lack of growth. Today's optimistic mood will in due course be reversed unless someone comes along with a magic growth potion." Also providing some downward pressure was the news that the OECD has slashed its 2013 growth forecasts for the world's advanced economies to 1.4%, from the 2.2% estimate in May. The OECD said that the global economy is "expected to make a hesitant and uneven recovery over the coming two years" and "decisive policy action is needed" in the Eurozone and US. Meanwhile, a barrage of broadly better-than-expected economic data Stateside failed to give equities a boost this afternoon, with markets shrugging off decent readings of consumer confidence, durable goods orders, retail sales and home prices. Benchmarks on Wall Street opened more or less flat.FTSE 100: Banks lead the upsideBanking peers Royal Bank of Scotland, Lloyds and Barclays were registering decent gains as investors built positions in 'riskier' assets. RBS was benefitting from an rating upgrade by UBS to 'buy', while Barclays Capital raised its target price for both RBS and Lloyds. In contrast, Aberdeen Asset Management was among the worst performers of the morning after Citigroup downgraded its recommendation for the stock to 'neutral'. Pearson shares dropped after Rona Fairhead, the Chairman and Chief Executive Officer (CEO) of its subsidiary the Financial Times Group, announced that she is to leave the firm next year. Fairhead, who has been with Pearson for 12 years, is said to be pursuing "the next phase of her career outside Pearson". Vodafone, the telecoms giant involved in the development of the M-Pesa service in Africa, rose after announcing that from Tuesday 27th the service's Kenyan customers will have access to interest bearing saving accounts and have the ability to take out small loans through a new service, called M-Shwari.Meanwhile, outsourcing giant Capita rose after it said it was the preferred bidder for an educational support services joint venture with Staffordshire County Council. The joint venture, in which Capita will hold a majority stake, will initially deliver a range of educational support services for schools and academies in the Staffordshire region. FTSE 250: Mitchells & Butlers sinks on poor outlookMitchells & Butlers, the UK's largest operator of managed restaurants and pub, was unwanted after noting it had made a slow start to the new financial year, partly because of unseasonably warm weather in the same period in 2011. India-focused Essar Energy was also lower as shares retreated after making strong gains on Monday on the back of a strong set of first-half results. Broadband and communications provider KCOM fell after reporting a slight fall in revenue and a large rise in net debt in the first half, its first increase in net debt in four years following seven consecutive six-month periods of reduction. British defence-equipment maker Chemring, which scaled back full-year profit guidance earlier this month, made strong gains after saying that expectations for the full year remain unchanged since its last update. Business information and events group Informa was also higher after Morgan Stanley raised its target price on the stock from 415p to 485p and upgraded it to 'overweight'. FTSE 100 - RisersRoyal Bank of Scotland Group (RBS) 295.10p +3.51%Capita (CPI) 751.00p +3.16%Lloyds Banking Group (LLOY) 46.41p +2.92%BAE Systems (BA.) 319.70p +2.47%Aggreko (AGK) 2,235.00p +2.43%ARM Holdings (ARM) 758.00p +2.36%Intertek Group (ITRK) 3,023.00p +1.99%Standard Life (SL.) 310.70p +1.50%Barclays (BARC) 243.65p +1.31%Tate & Lyle (TATE) 779.00p +1.30%FTSE 100 - FallersAberdeen Asset Management (ADN) 328.60p -2.20%Pearson (PSON) 1,168.00p -1.35%Johnson Matthey (JMAT) 2,269.00p -1.18%BG Group (BG.) 1,060.00p -1.07%Royal Dutch Shell 'B' (RDSB) 2,140.50p -0.67%Eurasian Natural Resources Corp. (ENRC) 270.20p -0.66%Antofagasta (ANTO) 1,238.00p -0.64%Rio Tinto (RIO) 2,978.50p -0.52%Royal Dutch Shell 'A' (RDSA) 2,072.00p -0.50%Xstrata (XTA) 1,011.50p -0.49%FTSE 250 - RisersKenmare Resources (KMR) 33.46p +5.52%New World Resources A Shares (NWR) 252.30p +4.60%Chemring Group (CHG) 238.20p +3.57%St. Modwen Properties (SMP) 218.70p +3.11%Domino Printing Sciences (DNO) 563.50p +2.83%Pace (PIC) 182.30p +2.82%Informa (INF) 416.80p +2.79%Carpetright (CPR) 678.50p +2.73%Bumi (BUMI) 265.00p +2.71%Hunting (HTG) 789.00p +2.47%FTSE 250 - FallersMitchells & Butlers (MAB) 312.10p -5.71%Man Group (EMG) 73.25p -4.68%Essar Energy (ESSR) 122.00p -3.94%Perform Group (PER) 380.00p -3.55%Lonmin (LMI) 275.00p -3.34%KCOM Group (KCOM) 69.45p -2.59%Ocado Group (OCDO) 70.10p -2.37%Petropavlovsk (POG) 350.60p -2.15%Petra Diamonds Ltd.(DI) (PDL) 103.00p -2.09%Raven Russia Ltd (RUS) 61.70p -2.06%BC
More News
14 Jun 2023 17:28

UK's FTSE 100 rises on mining boost; Fed decision awaited

Retail, films drive modest UK economic growth

*

Read more
14 Jun 2023 17:09

Vodafone CEO secures early win, but long road ahead on the deal front

LONDON, June 14 (Reuters) - Vodafone boss Margherita Della Valle has bagged her first win with a merger deal in Britain, but the time it took to get there and the tortuous road ahead shows the scale of the challenge she faces to turn around the telecoms group.

Read more
14 Jun 2023 17:05

Vodafone, Hutchison strike $19 bln deal to create UK mobile leader

Deal would create UK's biggest mobile operator

*

Read more
14 Jun 2023 16:56

LONDON MARKET CLOSE: Europe rises as US inflation eases pre-Fed nerves

(Alliance News) - Blue-chip stocks in Europe ended higher on Wednesday, with Frankfurt's DAX 40 hitting a record high, as cooling US inflation all but ensures the Federal Reserve will decide against a rate hike later today.

Read more
14 Jun 2023 12:48

Vodafone will take Hutchison deal to competition watchdog in 'coming weeks'

LONDON, June 14 (Reuters) - Vodafone will present its British merger deal with CK Hutchison to Britain's competition regulator in the coming weeks, the London-listed company's UK CEO said on Wednesday.

Read more
14 Jun 2023 12:37

Vodafone boss: Hutchison deal doesn't change dividend policy

LONDON, June 14 (Reuters) - Vodafone boss Margherita Della Valle said the company's deal to merge its UK operations with that of CK Hutchison's did not affect its current dividend policy.

Read more
14 Jun 2023 12:30

Vodafone will take Hutchison deal to competition watchdog in 'coming weeks'

LONDON, June 14 (Reuters) - Vodafone will present its British merger deal with CK Hutchison to Britain's competition regulator in the coming weeks, the London-listed company's UK CEO said on Wednesday.

Read more
14 Jun 2023 12:17

LONDON MARKET MIDDAY: FTSE 100 up; Vodafone unveils UK mobile merger

(Alliance News) - The FTSE 100 index was higher at midday in London on Wednesday, buoyed by market confidence that the US Federal Reserve will hold interest rates steady later in the day, as well as a major merger announcement from telecommunications firm Vodafone.

Read more
14 Jun 2023 11:37

TOP NEWS: Vodafone and CK Hutchison unveil mega UK mobile merger

(Alliance News) - Vodafone Group PLC and CK Hutchison Holdings Ltd on Wednesday announced a tie-up of their UK telecommunications arms, following talks which began last year.

Read more
14 Jun 2023 11:11

Vodafone, Three to merge UK mobile operations

(Sharecast News) - Vodafone said on Wednesday that it has agreed to merge its telecoms business with CK Hutchison's Three UK mobile network.

Read more
14 Jun 2023 11:07

Vodafone, Hutchison unveil UK mobile merger

LONDON/HONG KONG, June 14 (Reuters) - Vodafone and CK Hutchison will merge their British operations, the two groups said on Wednesday, creating the country's largest mobile operator.

Read more
14 Jun 2023 09:02

LONDON BROKER RATINGS: UBS raises Wizz Air to 'buy'

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

Read more
12 Jun 2023 11:00

Recession risks still loom for markets calmer after banking turmoil

June 12 (Reuters) - The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved that the March banking turmoil has not led to a full on credit-crunch and a U.S. debt ceiling crisis has been averted.

Read more
9 Jun 2023 07:10

World Bank Group pledges more support for Safaricom Ethiopia

June 9 (Reuters) - The World Bank Group's private investment arm and guarantee agency have pledged more support for the first private telecoms operator in Ethiopia, Safaricom Ethiopia.

Read more
8 Jun 2023 17:59

London stocks slip as interest rate angst persists; ex-div stocks weigh

Crest Nicholson down, flags slowdown worries

*

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.