Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth 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: 72.20
Bid: 72.30
Ask: 72.32
Change: 0.00 (0.00%)
Spread: 0.02 (0.028%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 72.20
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 midday: Financials, miners drag markets lower

Tue, 12th Nov 2013 11:42

- UK CPI falls to 13-month low- Dovish comments from ECB members- RBS taken off 'buy' list at GoldmantechMARK 2,643.61 +0.11%FTSE 100 6,714.21 -0.21%FTSE 250 15,378.49 -0.27%Investors on Tuesday gave little reaction to a sharp fall in UK inflation as heavy falls in the banking and financial sectors continued to weigh on markets.British consumer price inflation fell from 2.7% in September to a 13-month low of 2.2% in October, according to the Office for National Statistics. The data came in well below the consensus forecast of a dip to 2.5% and was far lower than the Bank of England's (BoE) estimate for inflation to be at least 2.8% for the rest of 2013. Eyes are now turning to the BoE's Inflation Report due out tomorrow morning with price rises now running closer to the Bank's 2% medium-term target."It's clear that the bond-buying scheme by the BoE is burning the candle at both ends: output and growth are increasing while inflation is declining, leaving the door open for a longer-than-expected quantitative easing programme," said David Madden, Market Analyst at IG. "The major risk when operating a stimulus package is that an accelerated inflation rate will outstrip the level of growth, but as this is not an issue for the BoE its £375bn scheme is unlikely to be reduced anytime soon."Markets were also focusing on dovish comments from two European Central Bank (ECB) officials this morning, who both left the door open to further action following last week's rate cut.ECB Governing Council member Ewald Nowotny indicated that while many central banks have reached the lower bound in interest rates, that's not the case of the ECB, according to a report by FXStreet. He also warned that stagnation and not inflation was the danger for the Eurozone, noting that while deflation is not imminent, it must be on the minds of central bankers. Meanwhile, in an interview with German newspaper Neue Osnabruecker Zeitung, ECB member Joerg Asmussen refused to rule out the possibility of negative deposit rates.Financials and miners fall; corporate earnings come in mixedA decline in risk appetite hit stocks in the financial and mining sectors on Tuesday with Fresnillo, Anglo American and Vedanta in the red, along with Aberdeen Asset Management, Standard Chartered and RBS.RBS was also being pressured lower by a downgrade by Goldman Sachs from 'buy' to 'neutral' following the conclusion of the 'good bank-bad bank' review. Analysts said that the stock now offers just 9% potential upside to its target price of 370p, similar to others in the sector.Heading the other way was building materials giant CRH after reporting a 2% increase in like-for-like sales in the third quarter, a strong turnaround after a 6% decline in the first half owing to difficult weather conditions. Vodafone gained after the £22bn in revenues reported for the first half came in 1.1% ahead of consensus estimates. Underlying earnings of £6.61bn also beat forecasts by 3.4%.Life insurance investment vehicle Resolution was lower after a mixed third quarter, as significant growth in UK new business was outweighed by a more subdued performance overseas.Babcock, the engineering support services company, fell after a broadly in-line first-half report in which it lifted its dividend by 10% following a 32% jump in pre-tax profits.Oxford Instruments surged after "significant strengthening" in its second-quarter results and revealed it was in talks to acquire AIM-listed Andor Technology.FTSE 100 - RisersCRH (CRH) 1,608.00p +3.14%British Sky Broadcasting Group (BSY) 845.00p +1.93%Vodafone Group (VOD) 230.95p +1.58%InterContinental Hotels Group (IHG) 1,847.00p +1.48%Croda International (CRDA) 2,331.00p +1.13%Kingfisher (KGF) 390.20p +1.06%Severn Trent (SVT) 1,816.00p +1.00%ITV (ITV) 188.90p +0.80%Unilever (ULVR) 2,497.00p +0.77%Sainsbury (J) (SBRY) 396.80p +0.71%FTSE 100 - FallersFresnillo (FRES) 911.00p -4.36%Aberdeen Asset Management (ADN) 418.50p -4.15%Royal Bank of Scotland Group (RBS) 331.00p -2.59%Tullow Oil (TLW) 895.00p -2.24%Petrofac Ltd. (PFC) 1,413.00p -2.15%Anglo American (AAL) 1,447.50p -1.80%Standard Chartered (STAN) 1,482.00p -1.76%Coca-Cola HBC AG (CDI) (CCH) 1,741.00p -1.47%Schroders (SDR) 2,506.00p -1.42%Randgold Resources Ltd. (RRS) 4,625.00p -1.34%FTSE 250 - RisersOxford Instruments (OXIG) 1,391.00p +13.37%TalkTalk Telecom Group (TALK) 272.60p +9.08%Premier Farnell (PFL) 241.00p +5.93%BTG (BTG) 444.40p +4.74%Bank of Georgia Holdings (BGEO) 2,095.00p +3.35%Computacenter (CCC) 587.00p +2.09%Dialight (DIA) 915.00p +2.01%Renishaw (RSW) 1,732.00p +1.94%Workspace Group (WKP) 509.00p +1.80%PZ Cussons (PZC) 380.90p +1.79%FTSE 250 - FallersMenzies(John) (MNZS) 761.50p -7.08%Polymetal International (POLY) 530.50p -6.52%African Barrick Gold (ABG) 189.00p -4.35%Evraz (EVR) 119.50p -3.86%Hochschild Mining (HOC) 152.00p -3.61%Hunting (HTG) 831.00p -3.60%Lonmin (LMI) 330.30p -3.11%Ferrexpo (FXPO) 186.50p -2.86%Balfour Beatty (BBY) 275.70p -2.75%Xaar (XAR) 900.00p -2.70%BC
More News
1 Jul 2023 12:01

Boss of troubled Vodafone Germany optimistic of turnaround

(Alliance News) - The head of Vodafone Germany says the telecoms company is getting back on its feet after a series of stumbles and declining market share in Europe's biggest economy.

Read more
30 Jun 2023 15:39

Czech investor PPF considers selling stake in Bulgaria telecoms arm -report

BELGRADE, June 30 (Reuters) - Czech investment group PPF is in talks with Emirates Telecommunications Group Etisalat about a potential sale of a stake in its telecommunication business in Bulgaria, Bulgarian news website Capital.bg reported on Friday, citing sources.

Read more
30 Jun 2023 13:36

Berenberg cuts target price on Vodafone, but keeps at 'hold'

(Sharecast News) - Analysts at Berenberg cut their target price for shares of Vodafone despite what they said was its cheap valuation and 10.5% dividend yield.

Read more
30 Jun 2023 09:50

LONDON BROKER RATINGS: HSBC likes Aviva; Credit Suisse lifts Drax

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

Read more
29 Jun 2023 21:13

DIRECTOR DEALINGS: Ryanair non-exec buys over EUR120,000 in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

Read more
29 Jun 2023 09:00

LONDON BROKER RATINGS: Exane cuts Ashtead; Investec likes De La Rue

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

Read more
26 Jun 2023 17:15

FTSE 100 inches lower as defence firms drag; commodity-linked stocks rise

Defence firms fall after an aborted mutiny in Russia

*

Read more
21 Jun 2023 16:16

EU antitrust regulators scrap probe into Fox unit, Ziggo

BRUSSELS, June 21 (Reuters) - EU antitrust regulators have scrapped an investigation into a Fox unit and Netherlands-based Ziggo Sport over European sports rights in 2020, two years after raiding their premises, according to an update on the European Commission website.

Read more
21 Jun 2023 07:41

Vodafone hires Morgan Stanley to weigh options for its Spanish unit - Expansion

MADRID, June 21 (Reuters) - Britain telecoms company Vodafone has hired investment bank Morgan Stanley to evaluate the options for its Spanish unit, Spanish newspaper Expansion reported on Wednesday citing unidentified market sources.

Read more
16 Jun 2023 14:54

Britain's antitrust head: competition is key to innovation

LONDON, June 16 (Reuters) - Competition is key to innovation, the head of Britain's antitrust authority told conference delegates on Thursday, a day after the watchdog said it would review a deal announced this week to create Britain's biggest mobile operator.

Read more
15 Jun 2023 12:07

LONDON MARKET MIDDAY: European equities downbeat ahead of ECB decision

(Alliance News) - Stock prices in London were largely lower at midday on Thursday, as focus turned to the European Central Bank's interest rate decision due out in the early afternoon.

Read more
15 Jun 2023 08:35

Vodafone extends Hyundai partnership for in-car streaming services

(Alliance News) - Vodafone Group PLC on Thursday said that Hyundai Motor Co and Vodafone Business have extended their existing strategic partnership, which helps to provide customers with in-car connected streaming services.

Read more
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

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.