Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video 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: 67.48
Bid: 67.48
Ask: 67.50
Change: -0.18 (-0.27%)
Spread: 0.02 (0.03%)
Open: 69.32
High: 69.32
Low: 67.42
Prev. Close: 67.48
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
22 Mar 2024 09:19

TOP NEWS: UK CMA says Vodafone/Three merger raises competition worries

(Alliance News) - The UK Competition & Markets authority on Friday said a planned merger between Vodafone UK and Three UK could raise consumer prices and harm investment into UK mobile networks.

Read more
22 Mar 2024 07:32

CMA warns Vodafone, Three deal will face full probe if solutions not given

(Sharecast News) - Vodafone and Three UK have been told to find ways to assuage Britain's competition regulator that their planned $19bn merger would not leave consumers worse off or face a full investigation.

Read more
18 Mar 2024 16:23

Director dealings: Vodafone CFO makes share purchase

(Sharecast News) - Vodafone Group revealed on Monday that chief financial officer Luka Mucic had acquired 2.46m ordinary shares in the FTSE 100-listed telecommunications giant.

Read more
18 Mar 2024 09:39

IN BRIEF: Vodafone CFO buys 2.5 million shares for GBP1.7 million

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Group Chief Financial Officer Luka Mucic purchased 2.5 million shares on Friday in London at 69.64 pence each for GBP1.7 million in total. Vodafone also on Friday announced the sale of its Italian business to Swisscom AG for EUR8 billion, with EUR4 billion to be returned to shareholders through a buyback. It said, however, that annual dividends from financial 2025 onwards will be rebased to 4.5 euro cents, down from 9.00 cents for financial 2024.

Read more
15 Mar 2024 15:07

London close: Stocks finish mixed after Reckitt compo blow

(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.

Read more
15 Mar 2024 12:11

LONDON MARKET MIDDAY: FTSE 100 underperforms despite mining, oil boost

(Alliance News) - London's FTSE 100 overcame a muted morning to head into Friday afternoon on the up, though its progress was shy of the loftier gains seen by mainland European peers, as investors showed some signs of trepidation ahead of a pair of interest rate decisions next week.

Read more
15 Mar 2024 09:25

Vodafone Germany makes surprise chief executive change

(Alliance News) - The head of telecommunications provider Vodafone Germany, Philipp Rogge, has announced plans to leave the company at the end of the month in a surprise move after less than two years at the helm.

Read more
15 Mar 2024 08:43

LONDON MARKET OPEN: FTSE 100 treads water; buyback boosts Vodafone

(Alliance News) - Stock prices in London opened in a muted fashion on Friday, as a hotter-than-expected US producer price reading stifled risk appetite, with focus beginning to move to interest rate decisions from the Federal Reserve and Bank of England next week.

Read more
15 Mar 2024 07:46

LONDON BRIEFING: Vodafone, Scottish Mortgage Investment plan buybacks

(Alliance News) - London's FTSE 100 is called to open fractionally lower on Friday, possibly a tepid end to a decent week, as a robust US producer price reading hurt risk appetite on both sides of the Atlantic.

Read more
15 Mar 2024 06:58

TOP NEWS: Vodafone plans share buyback after Italy sale to Swisscom

(Alliance News) - Vodafone Group PLC on Friday said it has agreed to sell its Italian business to Swisscom AG for EUR8 billion and will return half of the proceeds to shareholders.

Read more
15 Mar 2024 06:45

Vodafone unveils €4bn capital return after selling Italian unit

(Sharecast News) - Vodafone and Swisscom have confirmed that the Swiss telecom group will take over Vodafone Italy for €8bn, enabling the UK company to return €4bn to shareholders.

Read more
29 Feb 2024 16:05

London close: Stocks finish positive as US inflation moderates

(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.

Read more
29 Feb 2024 13:11

Vodafone rallies on 'RARE' Betaville report

(Sharecast News) - Vodafone rallied on Thursday amid takeover speculation.

Read more
28 Feb 2024 15:01

London close: Stocks slip as US GDP growth decelerates

(Sharecast News) - London's equity markets experienced a downturn by the close on Wednesday, largely influenced by underperforming stocks such as St James's Place and Reckitt Benckiser, following disappointing financial results.

Read more
28 Feb 2024 08:59

TOP NEWS: Vodafone in talks to sell Italian arm in EUR8 billion deal

(Alliance News) - Vodafone Group PLC on Wednesday confirmed that it is in exclusive discussions with Swisscom AG regarding a potential sale of Vodafone Italy to Swisscom for cash.

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.