Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full 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: 70.46
Bid: 70.63
Ask: 70.66
Change: 0.00 (0.00%)
Spread: 0.03 (0.042%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 70.46
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: Miners lead the Footsie higher

Tue, 09th Apr 2013 11:33

Miners were making impressive gains by Tuesday lunchtime after price rises in China slowed more than forecast in March, increasing hopes that the People's Bank of China will hold off from tightening policy for the time being. Chinese consumer-price inflation slowed to a 2.1% annual rate in March, down from 3.2% in February when prices soared on the back of the New Year holiday. Analysts had pencilled in a figure closer to 2.5%.Central Bank Governor Zho Xiochuan has been wary of inflation figures after February's data pushed past forecasts, so March's data takes pressure off the Chinese monetary authority to tighten policy as the world's second-largest economy seeks to combat an economic slowdown. In other economic news, UK industrial production rose by far more than forecast in February, while Germany's trade surplus unexpectedly widened.Also supporting markets this morning was Wall Street bellwether Alcoa which last night reported better-than-expected profits in the first quarter, kicking off earnings season with a bang. Earnings from the aluminium producer rose 59% year-on-year despite a slight drop in metals prices and a fall in revenue. Speaking to CNBC after the results, Chief Executive Klaus Kleinfield said: "I'm relatively optimistic that 2013 is going to be better than 2012."Banking giants JPMorgan Chase & Co and Wells Fargo & Co will also releasing their earnings reports later this week.Miners gain after Alcoa, Chinese inflationStrong results from mining heavyweight Alcoa and slowing inflation in China were lifting resource stocks in London this morning with ENRC, Vedanta, Rio Tinto, EVRAZ and Anglo American making strong gains.Iron ore producer Ferrexpo was a high riser after posting a 10.1% rise in pellet production in the first quarter.Heading the other way was chemicals group AZ Electronic Materials which plummeted after a disappointing first-quarter trading update, in which it revealed that full-year revenues are expected to be flat on last year but the group EBITDA margin would remain below normal levels. Group revenues were down 2.0% in the first three months of the year.Drinks giant Diageo fell despite both Jefferies and Nomura raising their target prices for the stock. Nomura admitted in a sector review that valuations of beverages stocks are high with the category trading at a 50% premium to the market on 2013 earnings, though the free cash flow yields are strong.Energy services firm Wood Group rose after saying that its PSN business has signed a "significant" two-year North Sea contract extension with Total E&P UK, with is expected to be valued at around $150m.Banking stocks were performing well with Barclays and RBS on the rise. Tradenext highlighted Barclays as one of the stocks to benefit from the recent weakness of the sterling against the dollar, along with Shell, Vodafone and GlaxoSmithKline.Oil group Tullow was lower after saying that it has agreed to sell its Bangladesh arm to KrisEnergy Asia Holdings BV, a subsidiary of KrisEnergy Asia, for $42.35m.FTSE 100 - RisersEurasian Natural Resources Corp. (ENRC) 257.40p +4.08%Rio Tinto (RIO) 3,095.00p +3.46%Vedanta Resources (VED) 1,094.00p +3.21%Barclays (BARC) 285.10p +2.85%Glencore International (GLEN) 352.20p +2.79%Xstrata (XTA) 1,062.00p +2.76%Anglo American (AAL) 1,686.50p +2.55%Royal Bank of Scotland Group (RBS) 272.70p +2.48%Evraz (EVR) 201.60p +2.18%BHP Billiton (BLT) 1,915.50p +2.00%FTSE 100 - FallersDiageo (DGE) 1,969.00p -2.38%Melrose Industries (MRO) 250.40p -1.88%IMI (IMI) 1,216.00p -1.70%Weir Group (WEIR) 2,241.00p -1.54%Tate & Lyle (TATE) 839.50p -1.52%Bunzl (BNZL) 1,271.00p -1.47%Whitbread (WTB) 2,405.00p -1.39%Smith & Nephew (SN.) 742.50p -1.26%Meggitt (MGGT) 466.00p -1.15%Experian (EXPN) 1,128.00p -1.14%FTSE 250 - RisersFerrexpo (FXPO) 175.00p +12.83%Man Group (EMG) 92.35p +4.82%Hochschild Mining (HOC) 279.60p +4.48%Kenmare Resources (KMR) 29.45p +4.43%Lonmin (LMI) 284.40p +3.87%Petropavlovsk (POG) 201.60p +3.17%Thomas Cook Group (TCG) 110.90p +2.97%Kazakhmys (KAZ) 382.80p +2.74%Heritage Oil (HOIL) 165.40p +2.73%Redrow (RDW) 189.60p +2.71%FTSE 250 - FallersAZ Electronic Materials SA (DI) (AZEM) 257.10p -30.33%Alent (ALNT) 345.00p -4.70%Centamin (DI) (CEY) 43.84p -4.28%Betfair Group (BET) 680.50p -2.79%Michael Page International (MPI) 391.60p -2.76%Spirent Communications (SPT) 130.90p -2.75%Filtrona PLC (FLTR) 690.00p -2.61%Ashtead Group (AHT) 570.50p -2.31%Berendsen (BRSN) 759.00p -2.19%Aveva Group (AVV) 2,091.00p -2.06%BC
More News
28 Mar 2024 13:54

IN BRIEF: Vodafone Chair Boxmeer buys GBP570,000 in shares

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Chair Jean-Francois van Boxmeer buys 823,500 shares at GBP0.69 each, worth GBP568,215, in London on Wednesday.

Read more
27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

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

Read more
26 Mar 2024 11:21

Vodafone Germany to cut 2,000 jobs in revamp

FRANKFURT, March 26 (Reuters) - Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company said on Tuesday.

Read more
26 Mar 2024 11:15

UPDATE: Vodafone Germany cuts 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Dusseldorf, Germany-based subsidiary of Vodafone Group PLC announced on Tuesday.

Read more
26 Mar 2024 10:43

Vodafone Germany: 400-mln-eur restructuring to affect 2,000 jobs

BERLIN, March 26 (Reuters) - Vodafone Germany said on Tuesday that it aims to save around 400 million euros ($434.48 million) over the next two years as part of a transformation programme that will affect some 2,000 jobs.

Read more
26 Mar 2024 10:42

Vodafone Germany cutting 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Germany, Dusseldorf-based subsidiary of Vodafone Group PLC announced Tuesday.

Read more
22 Mar 2024 16:09

London close: Stocks mixed as Bailey hints at rate cuts

(Sharecast News) - London's stock markets closed in a mixed state on Friday as investors weighed optimistic retail sales data against remarks from Bank of England Governor Andrew Bailey.

Read more
22 Mar 2024 11:46

LONDON MARKET MIDDAY: FTSE 100 boosted after week of rate decisions

(Alliance News) - The FTSE 100 in London were higher at midday on Friday, as investor sentiment remained high, after there were no surprises from UK and US central banks this week.

Read more
22 Mar 2024 09:19

TOP NEWS: UK CMA says Vodafone/Three merger raises competition worries

(Alliance News) - The UK Competition & Markets authority on Friday said a planned merger between Vodafone UK and Three UK could raise consumer prices and harm investment into UK mobile networks.

Read more
22 Mar 2024 07:32

CMA warns Vodafone, Three deal will face full probe if solutions not given

(Sharecast News) - Vodafone and Three UK have been told to find ways to assuage Britain's competition regulator that their planned $19bn merger would not leave consumers worse off or face a full investigation.

Read more
18 Mar 2024 16:23

Director dealings: Vodafone CFO makes share purchase

(Sharecast News) - Vodafone Group revealed on Monday that chief financial officer Luka Mucic had acquired 2.46m ordinary shares in the FTSE 100-listed telecommunications giant.

Read more
18 Mar 2024 09:39

IN BRIEF: Vodafone CFO buys 2.5 million shares for GBP1.7 million

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Group Chief Financial Officer Luka Mucic purchased 2.5 million shares on Friday in London at 69.64 pence each for GBP1.7 million in total. Vodafone also on Friday announced the sale of its Italian business to Swisscom AG for EUR8 billion, with EUR4 billion to be returned to shareholders through a buyback. It said, however, that annual dividends from financial 2025 onwards will be rebased to 4.5 euro cents, down from 9.00 cents for financial 2024.

Read more
15 Mar 2024 16:55

LONDON MARKET CLOSE: FTSE closes in red; Reckitt plunges on lawsuit

(Alliance News) - The FTSE 100 in London closed lower on Friday, ahead of a busy week for interest rate decisions.

Read more
15 Mar 2024 15:07

London close: Stocks finish mixed after Reckitt compo blow

(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.

Read more
15 Mar 2024 12:11

LONDON MARKET MIDDAY: FTSE 100 underperforms despite mining, oil boost

(Alliance News) - London's FTSE 100 overcame a muted morning to head into Friday afternoon on the up, though its progress was shy of the loftier gains seen by mainland European peers, as investors showed some signs of trepidation ahead of a pair of interest rate decisions next week.

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.