The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 73.50
Bid: 73.58
Ask: 73.62
Change: -0.68 (-0.92%)
Spread: 0.04 (0.054%)
Open: 73.88
High: 74.42
Low: 73.50
Prev. Close: 74.18
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: Stocks creep higher but risk appetite limited ahead of elections

Wed, 06th May 2015 16:32

UK stocks finished a choppy session marginally in positive territory on Wednesday as investor risk appetite was curbed by pre-election uncertainty and cautious comments from Federal Reserve chair Janet Yellen.The FTSE 100 closed up 6.16 points (+0.09%) at 6,933.74, rebounding slightly after settling at a one-month low the previous session.However, the index ended well below the intraday high of 6,974.82 reached early on. Not even a forecast-beating survey on the UK services sector could lift the mood as City traders attempted to predict the outcome of Thursday's electoral vote."With fewer than 24 hours before the UK goes to the polls, the picture is still unclear as to who will be running the country in the coming days," said analyst Alastair McCaig from IG. McCaig said the latest IG general election binary is currently showing a 94% chance there will be no majority government.Corporate earnings were mostly well-received by investors on Wednesday, with blue chips Sage Group, Imperial Tobacco, Legal & General and GKN all impressing, though Sainsbury's disappointed with its first annual loss in a decade.Stocks had temporarily dropped into the red before the close following a weak start on Wall Street after Yellen warned of the "dangers" in an environment of elevated stock markets and low interest rates. Equity valuations are "generally quite high", the Fed chair said, and there could be a large increase in long-term rates when the Fed eventually tightens policy.Economic data in focusService-sector from across the globe was also on investors' minds on Thursday, along with labour-market figures in the States.The Markit/CIPS UK services purchasing managers' index (PMI) rose to 59.5 in April from 58.9 a month earlier, more than the 58.5 predicted by analysts. The final reading of the Markit Eurozone services PMI was unexpectedly revised up to 54.1 from the 'flash' estimate of 53.7, more or less in line with the 54.2 level in March. Meanwhile, the HSBC Chinese services PMI rose to a four-month high of 52.9, up from 52.3 in March but slightly below expectations.The closely-watched ADP employment report showed just a 169,000 increase in US private payrolls in April, compared with a revised 175,000 reading in March and well below the 200,000 consensus forecast.While it is only seen as a very rough guide to official US non-farm payrolls data, the weak figure may temper some optimism surrounding the government data due on Friday. Analysts currently predict the non-farm payrolls to jump 230,000 in April, from 126,000 the month before.Earnings impress but Sainsbury's bucks the trendSainsbury's fell sharply after reporting a loss for the full year, though results still came in ahead of analysts' expectations. The grocer reported a loss before tax of £72m for the year ended March, compared with a £898m profit previously, prompting it to slash it full-year dividend by 23.7%.After an early fall, software company Sage surged after saying it's on track to meet 2015 targets, as it reported a 6.2% rise in organic revenue for the first half of this year.Imperial Tobacco gained after lifting its dividend 10% as its growth brands delivered strong growth and earnings beat expectations in the first half. Adjusted earnings per share were up 4% to 93.3p.Legal & General also impressed with an 8% increase in first-quarter net cash generation to £326m, while annuity sales jumped 19%.Engineering giant GKN was in demand after saying it still expects growth in 2015 as a strong automotive performance drove a 1% increase in organic sales in the first quarter.Vodafone was also making decent gains after Exane BNP Paribas raised its rating on the stock to 'outperform' and lifted its target price from 220p to 270p. The broker said: "There are much better times ahead in our view." Market MoverstechMARK 3,193.99 +0.64%FTSE 100 6,933.74 +0.09%FTSE 250 17,412.08 -0.23%FTSE 100 - RisersSage Group (SGE) 536.00p +7.96%St James's Place (STJ) 886.50p +1.84%Imperial Tobacco Group (IMT) 3,175.00p +1.76%Vodafone Group (VOD) 232.20p +1.60%Mondi (MNDI) 1,311.00p +1.55%International Consolidated Airlines Group SA (CDI) (IAG) 545.00p +1.49%Centrica (CNA) 260.20p +1.40%Dixons Carphone (DC.) 431.10p +1.22%BT Group (BT.A) 454.30p +1.14%Capita (CPI) 1,173.00p +1.12%FTSE 100 - FallersAberdeen Asset Management (ADN) 431.10p -4.33%Sainsbury (J) (SBRY) 266.30p -3.16%Hikma Pharmaceuticals (HIK) 1,980.00p -2.17%Antofagasta (ANTO) 782.50p -2.00%London Stock Exchange Group (LSE) 2,436.00p -1.66%3i Group (III) 485.30p -1.54%Randgold Resources Ltd. (RRS) 4,914.00p -1.54%British Land Company (BLND) 805.50p -1.35%Carnival (CCL) 2,903.00p -1.29%Glencore (GLEN) 310.45p -1.24%FTSE 250 - RisersSupergroup (SGP) 1,071.00p +7.42%Aveva Group (AVV) 1,875.00p +7.14%Evraz (EVR) 205.70p +5.81%Ocado Group (OCDO) 375.10p +5.45%Soco International (SIA) 197.70p +4.00%Wetherspoon (J.D.) (JDW) 764.50p +3.87%Ted Baker (TED) 2,962.00p +3.57%Marston's (MARS) 169.20p +3.55%Millennium & Copthorne Hotels (MLC) 600.50p +3.27%Premier Oil (PMO) 184.90p +3.07%FTSE 250 - FallersGenus (GNS) 1,274.00p -7.95%Diploma (DPLM) 758.50p -7.05%Man Group (EMG) 172.90p -5.78%PayPoint (PAY) 799.50p -5.27%AL Noor Hospitals Group (ANH) 855.50p -5.16%AO World (AO.) 172.50p -4.17%Brown (N.) Group (BWNG) 322.10p -3.85%Kaz Minerals (KAZ) 259.30p -3.82%Centamin (DI) (CEY) 61.90p -3.81%Allied Minds (ALM) 620.00p -3.50%
More News
18 Dec 2023 07:59

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

Read more
15 Dec 2023 18:59

Iliad wants to finalise JV proposal for Vodafone Italy by end-January -sources

LONDON/MILAN, Dec 15 (Reuters) - French telecoms group Iliad wants to finalise a proposal to Vodafone Italy to combine their Italian operations in a joint venture by the end of January, two sources briefed on the matter said.

Read more
14 Dec 2023 10:44

Sumitomo partners with Vodafone and Deloitte to speed up global trade

(Alliance News) - Sumitomo Mitsui Financial Group Inc and Vodafone Group PLC will team up with Deloitte and Nexxiot to support global autonomous freight handling, the firms announced on Thursday.

Read more
13 Dec 2023 17:07

European shares subdued as markets look to Fed decision for cues

BASF rises on UBS rating upgrade

*

Read more
12 Dec 2023 18:34

Ukraine's top mobile operator hit by biggest cyberattack of war so far

Kyivstar's IT systems 'partially destroyed'

*

Read more
12 Dec 2023 18:06

UK may ban some mid-contract mobile and broadband price hikes

LONDON, Dec 12 (Reuters) - Britain's telecoms regulator proposed banning inflation-linked price rises in the middle of customers' broadband and mobile contracts, saying the practice was unfair on consumers and hampering competition.

Read more
12 Dec 2023 16:55

LONDON MARKET CLOSE: Europe rally loses steam as focus turns to Fed

(Alliance News) - London's FTSE 100 spent most of the day solidly in the green, and the CAC 40 in Paris spiked to a record high, though Tuesday's rally waned and signs of caution emerged again ahead of a trio of central bank decisions.

Read more
12 Dec 2023 16:00

London close: Stocks slip as investors digest US inflation

(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.

Read more
12 Dec 2023 12:07

London midday: FTSE still firmer ahead of US inflation print

(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.

Read more
12 Dec 2023 10:59

BT shares fall as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell more than 4% on Tuesday after Britain's telecom regulator proposed a ban on inflation-linked price rises in the middle of customers’ mobile and broadband contracts.

Read more
12 Dec 2023 10:37

UK telecom regulator eyes ban on inflation-linked contract price hikes

(Alliance News) - The UK telecommunications industry regulator on Tuesday said it wants to ban price hikes linked to inflation from customer contracts.

Read more
12 Dec 2023 09:58

UK regulator seeks to ban telecom firms' inflation-linked mid-contract price hikes

LONDON, Dec 12 (Reuters) - Britain's telecom regulator Ofcom proposed banning inflation-linked price rises in the middle of customers’ mobile and broadband contracts, saying that the practice was unfair on consumers and hampering competition.

Read more
12 Dec 2023 09:28

BT shares dip as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell over 4% on Tuesday, with traders linking the drop to British communications regulator Ofcom proposing a ban on mid-contract price hikes linked to inflation.

Read more
12 Dec 2023 08:48

Ofcom proposes ban on inflation-linked price rises

(Sharecast News) - Telecom firms were in the red on Tuesday, as the sector's regulator proposed a ban on inflation-linked mid-contract price rises.

Read more
7 Dec 2023 16:59

LONDON MARKET CLOSE: Stocks mute as eyes turn to US jobs data

(Alliance News) - Stock prices across Europe were muted on Thursday, as investors cautiously eye the next set of US jobs data.

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.