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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
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Share Price: 70.00
Bid: 70.02
Ask: 70.06
Change: 0.92 (1.33%)
Spread: 0.04 (0.057%)
Open: 69.10
High: 70.20
Low: 68.84
Prev. Close: 69.08
VOD Live PriceLast checked at -

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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
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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.

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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.

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7 Dec 2023 16:59

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

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7 Dec 2023 15:03

London close: Stocks weaker as investors look to central banks

(Sharecast News) - London markets closed lower on Thursday as investors reacted to lacklustre Chinese trade data and the latest UK house price figures.

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7 Dec 2023 12:06

LONDON MARKET MIDDAY: Stocks muted amid pre-US jobs data nerves

(Alliance News) - London's FTSE 100 was slightly lower early on Thursday afternoon, with the mood in global markets cautious as investors eagerly anticipate Friday's US jobs data.

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7 Dec 2023 10:16

LONDON BROKER RATINGS: JPMorgan lowers IAG; Exane BNP cuts Vodafone

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

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29 Nov 2023 12:02

LONDON MARKET MIDDAY: FTSE 100 underperforms ahead of US data

(Alliance News) - European equities were largely higher heading into Wednesday afternoon's US gross domestic product reading, though London's FTSE 100 underperformed as China-exposed shares and international earners declined.

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24 Nov 2023 15:03

London close: Stocks mixed on quiet Friday

(Sharecast News) - Market performance showed a mixed trend in London today, with movements relatively subdued after the Thanksgiving holiday across the pond.

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24 Nov 2023 14:48

Fastweb exploring deal for Vodafone's Italian operations - report

(Sharecast News) - Italian telecom operator Fastweb is reportedly exploring a potential deal for Vodafone's local operations.

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23 Nov 2023 16:09

London close: Stocks make small gains on quiet Thursday

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23 Nov 2023 13:10

Vodafone introduces new energy saving 5G technology in Germany

(Alliance News) - Vodafone Group PLC will introduce a new technology for 5G mobile coverage in rural areas in Germany using up to 40% less power.

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21 Nov 2023 09:54

LONDON BROKER RATINGS: Deutsche says 'buy' B&M and Marks & Spencer

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

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16 Nov 2023 15:53

UK dividends calendar - next 7 days

Friday 17 November 
Hays PLCdividend payment date
Hays PLCspecial dividend payment date
Howden Joinery Group PLCdividend payment date
International Public Partnerships Ltddividend payment date
JPMorgan Japan Small Cap Growth & Income PLCdividend payment date
Kingfisher PLCdividend payment date
Morgan Advanced Materials PLCdividend payment date
Murray International Trust PLCdividend payment date
Old Mutual Ltddividend payment date
Schroder European Real Estate Investment Trust PLCdividend payment date
Taylor Wimpey PLCdividend payment date
Tritax Big Box REIT PLCdividend payment date
Monday 20 November 
Dunelm Group PLCdividend payment date
Tuesday 21 November 
no events scheduled 
Wednesday 22 November 
CRH PLCdividend payment date
Henderson Eurotrust PLCdividend payment date
Thursday 23 November 
abrdn Asia Focus PLCex-dividend payment date
abrdn Asia Focus PLCspecial ex-dividend payment date
Atrato Onsite Energy PLCex-dividend payment date
Babcock International Group PLCex-dividend payment date
Blackrock Sustainable American Income Trust PLCex-dividend payment date
Blackrock World Mining Trust PLCex-dividend payment date
British Land Co PLCex-dividend payment date
Castings PLCex-dividend payment date
Craneware PLCex-dividend payment date
DCC PLCex-dividend payment date
FRP Advisory Group PLCex-dividend payment date
Great Portland Estates PLCex-dividend payment date
HICL Infrastructure PLCex-dividend payment date
Invesco Asia Trust PLCdividend payment date
JPMorgan Asia Growth & Income PLCdividend payment date
Kainos Group PLCex-dividend payment date
Land Securities Group PLCex-dividend payment date
Liontrust Asset Management PLCex-dividend payment date
Lok'n Store Group PLCdividend payment date
ME Group International PLCdividend payment date
National Grid PLCex-dividend payment date
Palace Capital PLCex-dividend payment date
RS Group PLCex-dividend payment date
Scottish Mortgage Investment Trust PLCex-dividend payment date
Serica Energy PLCdividend payment date
Tate & Lyle PLCex-dividend payment date
Tatton Asset Management PLCex-dividend payment date
Urban Logistics REIT PLCex-dividend payment date
Vodafone Group PLCex-dividend payment date
Volution Group PLCex-dividend payment date
Witan Investment Trust PLCex-dividend payment date
Young & Co's Brewery PLCex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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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:

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