Roundtable Discussion; The Future of Mineral Sands. 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: 67.62
Bid: 67.62
Ask: 67.66
Change: 0.14 (0.21%)
Spread: 0.04 (0.059%)
Open: 67.48
High: 67.72
Low: 67.22
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
16 Nov 2023 04:30

TRADING UPDATES: Zephyr Energy sales fall in third quarter

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
15 Nov 2023 09:41

LONDON BROKER RATINGS: Deutsche likes Compass; Numis cuts Elementis

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

Read more
14 Nov 2023 17:04

LONDON MARKET CLOSE: FTSE 100 underwhelms as stocks jump after US CPI

(Alliance News) - European equities jumped in the wake of a cooler-than-expected US inflation reading, which took some sting out of a recent hawkish reassessment of the Federal Reserve interest rate outlook.

Read more
14 Nov 2023 16:18

London close: Stocks turn higher on cooler US inflation report

(Sharecast News) - London's stock markets had managed to turn positive by the close on Tuesday after a lower-than-expected inflation report from the United States boosted confidence while investors also mulled the latest UK jobs data.

Read more
14 Nov 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms before US inflation

(Alliance News) - London's FTSE 100 went into Tuesday afternoon in the red, hurt by a stronger pound, though European peers were in better shape ahead of a key US inflation reading.

Read more
14 Nov 2023 09:36

TOP NEWS: Vodafone interim profit falls but maintains annual guidance

(Alliance News) - Vodafone Group PLC on Tuesday reported a lower profit in its financial first half but hailed growth in Germany.

Read more
14 Nov 2023 07:17

Vodafone maintains guidance as first-half earnings fall

(Sharecast News) - Vodafone Group reported a 4.2% increase in group service revenue in its first half on Tuesday, to €18.62bn, or 2.3% excluding Turkey, although overall revenue and profits fell.

Read more
13 Nov 2023 15:29

IN BRIEF: Zegona raises EUR300 million in placing for Vodafone deal

Zegona Communications PLC - London-based investor in European telecommunications, media and technology sector - Raises EUR300 million from share placing, with the funds to go towards Zegona's acquisition of the Spanish arm of Vodafone Group PLC at an enterprise value of EUR5 billion, including debt. Zegona places 174.4 million new shares at 150 pence each. It intends to raise EUR8 million more via a retail offer at the same price via the PrimaryBid platform. The placing shares will represent 99% of Zegona's share capital upon admission to trading.

Read more
13 Nov 2023 12:28

Tuesday preview: US consumer prices, Vodafone in focus

(Sharecast News) - Financial markets' attention on Tuesday will be on the latest consumer price data in the U.S..

Read more
13 Nov 2023 10:00

TOP NEWS: Vodafone partners with Accenture for share services business

(Alliance News) - Telecommunications provider Vodafone Group PLC on Monday said it has struck an agreement with Accenture to form a new shared services joint venture.

Read more
13 Nov 2023 07:41

LONDON BRIEFING: BAE backs upgraded guidance; Royal Mail fined

(Alliance News) - Stocks in London are called higher on Monday, as investors look ahead to the latest US inflation print.

Read more
13 Nov 2023 07:27

Vodafone unveils plans for strategic partnership with Accenture

(Sharecast News) - Vodafone Group unveiled plans for a strategic partnership with Accenture on Monday to accelerate the commercialisation of shared operations.

Read more
9 Nov 2023 14:14

EARNINGS AND TRADING: Chapel Down hopes to make splash on AIM

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
7 Nov 2023 15:51

UK earnings, trading statements calendar - next 7 days

Wednesday 8 November 
Conduit Holdings LtdQ3 Results
Hiscox LtdTrading Statement
HgCapital Trust PLCQ3 Results
ITV PLCTrading Statement
JD Wetherspoon PLCQ1 Results
Marks & Spencer Group PLCHalf Year Results
MaxCyte IncQ3 Results
Secure Trust Bank PLCTrading Statement
Smiths News PLCFull Year Results
Time Out Group PLCFull Year Results
Thursday 9 November 
3i Group PLCHalf Year Results
Apax Global Alpha LtdQ3 Results
AstraZeneca PLCQ3 Results
Auto Trader Group PLCHalf Year Results
B&M European Value Retail SAHalf Year Results
Burford Capital LtdQ3 Results
Domino's Pizza Group PLCTrading Statement
Endeavour Mining PLCQ3 Results
Flutter Entertainment PLCTrading Statement
IMI PLCTrading Statement
Indivior PLCQ3 Results
John Wood Group PLCTrading Statement
Lancashire Holdings LtdTrading Statement
National Grid PLCHalf Year Results
Regional REIT LtdTrading Statement
Renewi PLCHalf Year Results
S4 Capital PLCTrading Statement
Tate & Lyle PLCHalf Year Results
Taylor Wimpey PLCTrading Statement
TBC Bank Group PLCQ3 Results
TheWorks.co.uk PLCTrading Statement
Trakm8 Holdings PLCHalf Year Results
Urban Logistics REIT PLCHalf Year Results
Vistry Group PLCTrading Statement
WH Smith PLCFull Year Results
Wincanton PLCHalf Year Results
Wizz Air Holdings PLCHalf Year Results
Friday 10 November 
Allianz Technology Trust PLCQ3 Results
Wheaton Precious Metals CorpQ3 Results
Monday 13 November 
Bank of Cyprus Holdings PLCQ3 Results
British Land Co PLCHalf Year Results
Kainos Group PLCHalf Year Results
Team Internet Group PLCQ3 Results
Tuesday 14 November 
ActiveOps PLCHalf Year Results
Babcock International Group PLCHalf Year Results
Bank of Georgia Group PLCQ3 Results
Castings PLCHalf Year Results
ConvaTec Group PLCTrading Statement
DCC PLCHalf Year Results
Forterra PLCHalf Year Results
Gear4Music PLCHalf Year Results
Genel Energy PLCTrading Statement
HydrogenOne Capital Growth PLCQ3 Results
Hill & Smith PLCTrading Statement
Imperial Brands PLCFull Year Results
Informa PLCTrading Statement
Land Securities Group PLCHalf Year Results
Oxford Instruments PLCHalf Year Results
Picton Property Income LtdHalf Year Results
Renalytix PLCQ1 Results
Tullow Oil PLCTrading Statement
Vesuvius PLCTrading Statement
Vodafone Group PLCHalf Year Results
Wise PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
7 Nov 2023 09:28

LONDON BROKER RATINGS: Watches of Switzerland impresses HSBC; Asos cut

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

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.