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

London close: Strong finish for UK markets after Fed decision

Thu, 19th Sep 2013 16:46

After a strong day's trading at around 90 points above the opening bell, the FTSE eased somewhat lower in late trading to close at 6,625.39, 66.57 points (1.01 per cent) above yesterday's finish.The surge came after the Federal Reserve surprised market participants with its decision to maintain its bond-buying strategy on the back of softer growth. Acting as a modest counter-balance, data showed that UK retail sales growth suffered a slowdown in August following a particularly strong July. Worth noting nevertheless, economists at UBS raised their forecasts for GDP growth in the UK to 1.5% for 2013 (from 1.1%) and to 2.3% in 2014 (from 1.8%) previously. Back across the Atlantic, initial weekly US unemployment claims rose by 17,000 to 309,000 in the week ended on September 7th (Consensus: 330,000). The Federal Reserve bank of Philadelphia's monthly manufacturing index improved to 22.3 points from 9.3 in August [Consensus: 10.3].Federal Reserve holds bond-buying at $85bn a monthFollowing its two-day policy meeting, the Fed announced it had decided to stick with its approach of buying $85bn of debt a month, but said it could still potentially scale back this sum by the end of the year. In its report, the Fed said that while household spending and business fixed investment has advanced, and the housing sector has been strengthening, mortgage rates have risen further and fiscal policy is "restraining economic growth". As such, and as a part of its goal "to foster maximum employment and price stability", it has "decided to await more evidence that progress will be sustained before adjusting the pace of its purchases". UK manufacturing recovery continued in September, CBI saysThe recovery in the UK's manufacturing sector continued in September, according to the results of the Confederation of British Industry's [CBI] latest industrial trends survey. At +9.0 the totals orders index is now at its highest since the start of the financial crisis, versus a reading of 0.0 for the month before and an expected print of +2.0.Commenting on the survey Stephen Gifford, CBI Director of Economics, pointed out the fact that: "Firms are more upbeat about growth prospects in the coming quarter than at any time since 1995."UK August retail sales suffer in comparison to strong JulyUK retail sales growth suffered a slowdown in August after July proved a particularly strong month.Customers reined in their spending, particularly on food items, causing volumes to drop 0.9% month-on-month, falling short of expectations for a 0.4% rise. Food sales alone declined 2.7% month-on-month. Annually, the rate of growth slowed to 2.1%, versus forecasts for a gain of 3.3%.FTSE 100: Miners track metal prices higherMining stocks were the biggest risers on Thursday as the price of precious metals jumped. Randgold Resources, Fresnillo, Anglo American and Antofagasta were among the miners who gained on an increase in commodity values. Aberdeen Asset Management was rebounding today after yesterday suffering a target price cut from Morgan Stanley. Regulatory price increases have allowed water and sewage group United Utilities to raise revenues and profits in the first half of the year, prompting the stock to rise. The company said it anticipated underlying operating profits would be moderately higher than the first half of last year in the six months to the end of September due to tight control of costs.Vodafone was one of just small handful of fallers, which commentators were attributing to recent director sales (some post exercise). Supermarket chain Tesco was down after Nomura cut its rating from 'buy' to 'neutral' and reduced its target price to 400p from 430p.FTSE 250: African Barrick Gold rises on appointment of CFOAfrican Barrick Gold led the risers on the news it has appointed a new Chief Financial Officer, Andrew Wray, who originally joined the company as Head of Corporate Development and Investor Relations in 2010. He will retain his existing responsibilities in addition to those of his new role. Jaco Maritz, who assumed the role of Acting Chief Financial Officer earlier this year, will revert to his original position of Vice President of Finance. On the top tier, mining stocks were the biggest risers as precious metal prices jumped. Making the strongest gains were Polymetal, Lonmin, and Hochschild. FTSE 100 - RisersRandgold Resources Ltd. (RRS) 4,841.00p +8.11%Aberdeen Asset Management (ADN) 390.80p +6.40%Fresnillo (FRES) 1,069.00p +6.05%Petrofac Ltd. (PFC) 1,412.00p +4.67%Anglo American (AAL) 1,635.00p +3.65%Schroders (SDR) 2,608.00p +3.57%SABMiller (SAB) 3,303.50p +3.56%Tullow Oil (TLW) 1,080.00p +3.55%Unilever (ULVR) 2,588.00p +3.31%Standard Chartered (STAN) 1,564.00p +3.30%FTSE 100 - FallersJohnson Matthey (JMAT) 2,852.00p -1.45%easyJet (EZJ) 1,294.00p -1.22%G4S (GFS) 250.00p -0.99%Rexam (REX) 491.60p -0.79%Vodafone Group (VOD) 209.75p -0.76%William Hill (WMH) 419.20p -0.66%GlaxoSmithKline (GSK) 1,576.00p -0.57%Next (NXT) 5,115.00p -0.49%BT Group (BT.A) 341.30p -0.44%Smiths Group (SMIN) 1,406.00p -0.42%FTSE 250 - RisersAfrican Barrick Gold (ABG) 156.70p +15.39%Polymetal International (POLY) 705.50p +7.87%Lonmin (LMI) 348.30p +5.45%Ashmore Group (ASHM) 402.20p +5.32%Ocado Group (OCDO) 420.00p +4.14%Jupiter Fund Management (JUP) 382.50p +3.60%JPMorgan Indian Inv Trust (JII) 328.30p +3.56%Hochschild Mining (HOC) 212.80p +3.10%Barratt Developments (BDEV) 335.00p +2.92%Genesis Emerging Markets Fund Ltd. (GSS) 540.00p +2.76%FTSE 250 - FallersRank Group (RNK) 159.00p -3.87%Menzies(John) (MNZS) 774.00p -3.85%Computacenter (CCC) 524.50p -3.76%Euromoney Institutional Investor (ERM) 1,113.00p -3.64%BBA Aviation (BBA) 309.80p -3.19%Daejan Holdings (DJAN) 3,836.00p -3.08%Fidessa Group (FDSA) 2,100.00p -3.05%National Express Group (NEX) 257.20p -3.02%Xaar (XAR) 772.00p -2.77%Beazley (BEZ) 214.90p -2.50%FTSE TechMARK - RisersArk Therapeutics Group (AKT) 0.44p +4.76%Skyepharma (SKP) 84.88p +4.14%Vislink (VLK) 48.50p +3.74%BATM Advanced Communications Ltd. (BVC) 16.25p +3.17%Promethean World (PRW) 17.50p +2.19%Gresham Computing (GHT) 138.50p +1.28%Filtronic (FTC) 63.75p +0.79%Ricardo (RCDO) 544.50p +0.65%IShares Euro Gov Bond 7-10YR UCITS ETF (IEGM) € 177.34 +0.60%Oxford Biomedica (OXB) 2.60p +0.58%FTSE TechMARK - FallersRM (RM.) 108.00p -5.47%CML Microsystems (CML) 530.00p -2.03%Puricore (PURI) 40.00p -1.23%E2V Technologies (E2V) 137.50p -0.90%Innovation Group (TIG) 29.75p -0.83%Wolfson Microelectronics (WLF) 178.75p -0.83%NCC Group (NCC) 160.00p -0.78%Sepura (SEPU) 151.00p -0.49%Microgen (MCGN) 127.00p -0.49%Torotrak (TRK) 27.38p -0.45%NR
More News
21 Dec 2023 16:53

LONDON MARKET CLOSE: Investors feel frosty ahead of US inflation

(Alliance News) - The festive cheer failed to lift stock prices in London on Thursday, as investors nervously look ahead to a key inflation reading from the US on Friday.

Read more
21 Dec 2023 16:03

London close: Stocks finish weaker amid uninspiring data

(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, despite a rebound on Wall Street in early trading, as investors digested lacklustre government borrowing and retail sales data.

Read more
21 Dec 2023 11:54

LONDON MARKET MIDDAY: Stocks frosty ahead of US economic data

(Alliance News) - Investors were not in the festive spirit on Thursday, with stocks in London down, as the last load of US economic data edges closer.

Read more
21 Dec 2023 08:59

LONDON MARKET OPEN: Santa rally fades after weak New York close

(Alliance News) - Stock prices in London lost sparkle early Thursday, after a broad-based sell-off on Wall Street.

Read more
21 Dec 2023 08:57

Swisscom weighing offer for Vodafone's Italian business

(Sharecast News) - Swiss telecommunications firm Swisscom has been mulling over an offer for Vodafone's Italian operations early next year, according to Bloomberg, potentially countering a rival bid from Iliad SA.

Read more
21 Dec 2023 07:47

LONDON BRIEFING: Hipgnosis Songs Fund delayed results show value fall

(Alliance News) - Stocks in London are expected to open lower on Thursday, in line with equity markets in Asia and New York.

Read more
21 Dec 2023 06:58

LONDON MARKET EARLY CALL: London to follow NY and Tokyo into red

(Alliance News) - Stocks in London are set to open lower on Thursday, returning some of Wednesday's gains that followed a surprisingly tame UK inflation reading.

Read more
20 Dec 2023 19:56

PRESS: Swisscom weighs up offer for Vodafone's Italian business

(Alliance News) - Swisscom AG is weighing an offer for Vodafone Group PLC's Italian business early next year, potentially countering a rival bid from Iliad SA for the unit, Bloomberg reported, citing people familiar with the matter said.

Read more
20 Dec 2023 08:48

LONDON MARKET OPEN: Stocks feeling festive on UK, US rate cut hopes

(Alliance News) - Stock in London enjoyed a broad-based rally at Wednesday's open, as a surprise UK inflation print boosted risk sentiment, with investors pinning their hopes on UK and US interest rate cuts next year.

Read more
19 Dec 2023 06:00

Safaricom's Ethiopia struggle deters potential telecoms investors

Telecoms sector once seen as key prize in liberalisation drive

*

Read more
18 Dec 2023 17:36

European shares ease as ECB officials temper rate cut optimism

Germany to end e-vehicle subsidy programme

*

Read more
18 Dec 2023 17:21

Energy stocks lift UK's FTSE 100, Vodafone shines

Vodafone jumps as Iliad offers to merge Italian units

*

Read more
18 Dec 2023 16:35

Vodafone shares climb as Iliad proposes Italian merger

Vodafone is reviewing options for its Italian unit

*

Read more
18 Dec 2023 15:35

London close: Stocks make small gains in wake of rate decisions

(Sharecast News) - London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.

Read more
18 Dec 2023 11:50

LONDON MARKET MIDDAY: Stocks edge higher amid festive cheer

(Alliance News) - Stock prices in London were outperforming its European peers at midday Monday, after investors digested some hawkish comments from US Federal Reserve officials.

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.