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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: 68.48
Bid: 68.48
Ask: 68.50
Change: 0.04 (0.06%)
Spread: 0.02 (0.029%)
Open: 68.00
High: 68.98
Low: 67.86
Prev. Close: 68.44
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London open: FTSE rises ahead of inflation reading

Tue, 19th May 2015 08:25

London investors began in more optimistic mood than was expected on Tuesday, boosted by bullish comments from the European Central Bank.The FTSE 100, which had been expected to move lower on worries of a US rate hike, spiked through the 7,000 mark for the third day running, standing at 7,001, up 0.46% or 32 points at 09:02.Helping lift the mood were new records highs in the US and Asian advances overnight, as well as a Monday night speech in London by European Central Bank (ECB) board member Benoit Coeure, who said the ECB would front-load its asset purchase scheme over May and June due to lower normal market liquidity in July and August.While reassuring that short-term interest rates going below zero were not a problem for monetary policy and that the recent European government bond market sell-off was a normal correction he did admit that "the rapidity of the reversal" worried him more as it was "yet another incident of extreme volatility in global capital markets showing signs of reduced liquidity".Markets had been expected to be lower due to concerns about earlier interest rate hikes across the Atlantic, with the San Francisco Fed releasing a paper that stating first quarter growth has been understated and may be due for a significant upward revision in the second, putting a June rise back on the cards.At 09:30 the UK consumer price index will become centre of attention, with the annual rate of inflation is expected to show a flat reading of 0% for April.This would be well below the Bank of England's (BoE) target of 2% and the lowest rate of inflation since estimates of the measure began in 1988.BoE Governor Mark Carney last week in his Quarterly Inflation Report said deflation could emerge during the year, amid lower energy and food prices, but that inflation was projected to pick up towards the end of the year as the benefits of cheaper fuel boost consumer spending power."A temporary period of falling prices should not be mistaken for widespread and persistent deflation," he said.A host of data is due out elsewhere, including German economic sentiment figures from ZEW and the Eurozone CPI at 10:00 London time, and US building permits and US housing starts at 13:30.London's gauge of blue chip was higher despite Vodafone, a heavy weighing in the index, which was down despite reporting a return to growth in the fourth quarter. Final results showed organic service revenue up 0.1%, beating consensus forecasts for the final three months of the year. The telecoms giant said it expected the 2016 financial year to see earnings before interest, tax, depreciation and amortisation of £11.5bn-£12bn, versus the consensus estimate of £11.9bn.Property developer Land Securities was a big riser after it has raised its dividend by 3.7% to 31.85p following a surge in demand for commercial property which has boosted its adjusted net asset value 27.6% to 1,293p.Top of the 350 leaderboard was Big Yellow, as the self storage company reported rising annual profits thanks to higher occupancy and prices.Icap was also higher despite a 21% full year decline in profit and a warning that it expected headwinds to continue. But management said they had "materially re-engineered" the business, with a significant reshaping of the global broking division.DCC was another riser after the FTSE 250 company made a €464m bid for one of Shell's Butagaz liquefied petroleum gas business.Going the other way was Aveva as its adjusted pre-tax profits sank 21% to £62.1m as margins shrank to 29.8% from 33% a year ago. Shares in the company have been inflated recently due to intense bid speculation. Market MoverstechMARK 3,257.05 +0.19%FTSE 100 7,002.22 +0.48%FTSE 250 18,118.12 +0.53%FTSE 100 - RisersLand Securities Group (LAND) 1,349.00p +2.90%Coca-Cola HBC AG (CDI) (CCH) 1,460.00p +2.89%Shire Plc (SHP) 5,515.00p +2.60%Burberry Group (BRBY) 1,816.00p +2.25%Kingfisher (KGF) 362.50p +2.11%GKN (GKN) 364.80p +2.07%Admiral Group (ADM) 1,486.00p +2.06%Reed Elsevier (REL) 1,123.00p +2.00%Persimmon (PSN) 1,908.00p +1.81%ARM Holdings (ARM) 1,131.00p +1.80%FTSE 100 - FallersBHP Billiton (BLT) 1,424.50p -2.63%Vodafone Group (VOD) 228.95p -2.20%Glencore (GLEN) 291.65p -1.80%Rio Tinto (RIO) 2,886.00p -1.33%Anglo American (AAL) 1,064.50p -1.16%Randgold Resources Ltd. (RRS) 4,855.00p -1.08%Fresnillo (FRES) 784.50p -1.01%HSBC Holdings (HSBA) 614.10p -0.73%Weir Group (WEIR) 1,930.00p -0.31%Standard Chartered (STAN) 1,050.50p -0.19%FTSE 250 - RisersDCC (DCC) 4,818.00p +9.75%Big Yellow Group (BYG) 686.00p +4.65%Intermediate Capital Group (ICP) 565.50p +2.82%Alent (ALNT) 365.30p +2.61%Fidelity China Special Situations (FCSS) 167.10p +2.39%AL Noor Hospitals Group (ANH) 908.50p +2.31%Allied Minds (ALM) 650.00p +2.12%Euromoney Institutional Investor (ERM) 1,220.00p +2.09%Greencore Group (GNC) 355.50p +1.98%Booker Group (BOK) 152.70p +1.94%FTSE 250 - FallersMoneysupermarket.com Group (MONY) 286.60p -5.26%Aveva Group (AVV) 1,925.00p -3.75%BTG (BTG) 759.00p -3.07%Kaz Minerals (KAZ) 257.60p -2.87%Drax Group (DRX) 405.70p -2.62%Petra Diamonds Ltd.(DI) (PDL) 171.50p -2.61%Hunting (HTG) 591.00p -2.56%Premier Oil (PMO) 167.10p -2.28%Interserve (IRV) 609.00p -2.17%Serco Group (SRP) 134.00p -1.90%FTSE TechMARK - RisersBATM Advanced Communications Ltd. (BVC) 14.50p +1.75%Skyepharma (SKP) 293.75p +1.29%Filtronic (FTC) 12.50p +1.01%Oxford Instruments (OXIG) 1,075.00p +0.94%Sepura (SEPU) 149.75p +0.84%IShares Euro Gov Bond 7-10YR UCITS ETF (IEGM) € 201.71 +0.83%Anite (AIE) 92.75p +0.82%KCOM Group (KCOM) 96.75p +0.78%Ricardo (RCDO) 880.00p +0.57%SDL (SDL) 444.50p +0.45%FTSE TechMARK - FallersOxford Biomedica (OXB) 10.25p -6.82%Dialight (DIA) 740.50p -1.79%Innovation Group (TIG) 28.00p -1.75%Vectura Group (VEC) 162.25p -0.76%NCC Group (NCC) 218.00p -0.46%
More News
2 May 2024 07:03

Swisscom posts steady Q1 profit, says Vodafone Italia deal on track

May 2 (Reuters) - Telecoms group Swisscom reported a slightly lower first-quarter core profit on Thursday, but beat market expectations, as business in its core Swiss and Italian markets continued to develop positively.

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2 May 2024 06:35

Swisscom plans completion of Vodafone Italia takeover in Q1 2025

May 2 (Reuters) - Swiss telecoms group Swisscom said on Thursday its takeover of Vodafone Italia is on track and expected to be completed in the first quarter of 2025.

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16 Apr 2024 08:41

Vodafone appoints SAP's Marika Auramo as CEO of Business arm

(Alliance News) - Vodafone Group PLC on Tuesday said Marika Auramo has been appointed as chief executive of Vodafone Business.

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16 Apr 2024 07:46

Vodafone taps SAP executive to lead business division

(Sharecast News) - Vodafone announced the appointment of Marika Auramo as chief executive of Vodafone Business on Tuesday, effective from 1 July.

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4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

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4 Apr 2024 08:47

LONDON MARKET OPEN: Shares rise despite US interest rate unease

(Alliance News) - London's FTSE 100 edged higher on Thursday morning, despite lingering US interest rate worries hanging over equities, while gold notched another record high in earlier trade.

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4 Apr 2024 07:43

LONDON BRIEFING: Vodafone-Three deal faces deeper UK probe

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, despite remarks from Federal Reserve Chair Jerome Powell failing to soothe lingering interest rate worries.

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4 Apr 2024 07:37

CMA to launch in-depth probe into Vodafone's merger with Three

(Sharecast News) - The Competition and Markets Authority said on Thursday that it will launch an in-depth investigation into the planned £15bn merger between Vodafone and CK Hutchison's Three that was announced last year.

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28 Mar 2024 15:05

Directors dealings: Vodafone chairman follows in CFO's steps, buys shares

(Sharecast News) - Vodafone's chairman bought a big batch of shares in the telecommunications outfit just ahead of the Easter break.

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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.

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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:

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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.

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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.

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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.

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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.

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