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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 68.44
Bid: 68.40
Ask: 68.44
Change: 0.62 (0.91%)
Spread: 0.04 (0.058%)
Open: 67.96
High: 68.74
Low: 67.82
Prev. Close: 67.82
VOD Live PriceLast checked at -

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London open: Risk appetite increases ahead of US jobs report

Fri, 08th Mar 2013 08:25

The FTSE 100 was firmly in positive territory on Friday morning ahead of the crucial US employment report due out this afternoon, with traders hoping that jobs figures could beat forecasts given the solid economic data seen as of late.The US jobs report, out at 13:30 London time, is expected to give an indication of how the world's largest economy is faring in 2013 following the disappointing growth in the fourth quarter of last year.The consensus forecast is for a 160,000 increase in non-farm payrolls in February, slightly ahead of the 157,000 gain the month before. However, the separate ADP report on Wednesday showed that 198,000 jobs were added in February, well ahead of the 170,000 gain expected, leading many to expect another strong figure today."Friday's payrolls report is key to gauging the US Federal Reserve's policy course as the Fed will keep its near-zero rate stance until the unemployment rate falls to 6.5%, as long as inflation does not threaten to top 2.5%," said Max Cohen, a Financial Sales Trader from Spreadex.Also providing some support to stocks early on was economic data from China, which sparked hopes that global demand may be recovering. China reported a 21.8% jump in exports in February, well above the 10.1% rise expected, following the strong figures the month before. Imports however missed forecasts, registering their largest drop in the last 13 months.Financial stocks up before dataShares in financial companies were making decent gains in early trading as risk appetite increased ahead of the US jobs report later on.Asset management firm Schroders was providing a lift on the FTSE 100 early on after UBS upgraded its rating for the stock from 'sell' to 'neutral' and lifted its target price from 1,700p to 2,050p following yesterday's full-year results. The broker upped its forecasts for 2013 and 2014, saying that most of the headwinds that it saw three to six months ago are "reducing materially".Banks were also performing well this morning in spite of reports that new accounting rules by the International Accounting Standards Board (IASB) could hit banks with billions of pounds in new losses. The IASB is expected to ask lenders to record losses far earlier in an attempt to make the financial system less prone to a crisis. Nevertheless, HSBC, Barclays and Standard Chartered were trading in the blue in the opening hour. Insurance giant Aviva was rebounding, albeit only slightly, after plummeting on Thursday. Shares sunk yesterday as the company slashed its dividend for 2012 after swinging into the red as it took a £3.3bn write-down on a disposal in the US. Meanwhile, telecoms group Vodafone was higher today after its New Zealand arm won a 10-year communications deal with the police, providing them will customised mobile services and smartphones.Utilities group Centrica was among the fallers after JPMorgan Cazenove downgraded the shares from 'overweight' to 'neutral'. While the stock remains one of the broker's top picks in the sector, it said that it is lowering its recommendation "given the shares' rerating over the last year".FTSE 100 - RisersEvraz (EVR) 261.00p +3.04%Schroders (SDR) 2,125.00p +1.87%HSBC Holdings (HSBA) 730.60p +1.73%Standard Chartered (STAN) 1,814.00p +1.68%Lloyds Banking Group (LLOY) 50.68p +1.64%Vodafone Group (VOD) 181.10p +1.40%Barclays (BARC) 312.95p +1.11%Xstrata (XTA) 1,162.00p +1.09%Standard Life (SL.) 376.90p +1.05%Eurasian Natural Resources Corp. (ENRC) 347.90p +0.96%FTSE 100 - FallersShire Plc (SHP) 2,048.00p -1.54%Randgold Resources Ltd. (RRS) 5,435.00p -1.45%Tate & Lyle (TATE) 821.50p -1.26%Aggreko (AGK) 1,921.00p -0.93%Marks & Spencer Group (MKS) 363.50p -0.74%Centrica (CNA) 353.60p -0.67%Sage Group (SGE) 350.20p -0.54%Reckitt Benckiser Group (RB.) 4,595.00p -0.45%Diageo (DGE) 1,992.00p -0.42%Next (NXT) 4,177.00p -0.38%FTSE 250 - RisersNew World Resources A Shares (NWR) 251.40p +4.32%Halma (HLMA) 513.50p +3.20%Hunting (HTG) 931.00p +2.82%Inmarsat (ISAT) 662.50p +2.71%SIG (SHI) 149.20p +2.54%Henderson Group (HGG) 167.30p +2.26%Investec (INVP) 507.50p +2.17%Stobart Group Ltd. (STOB) 87.00p +2.11%Kier Group (KIE) 1,309.00p +2.03%Cairn Energy (CNE) 292.00p +1.99%FTSE 250 - FallersAfrican Barrick Gold (ABG) 233.30p -1.97%Big Yellow Group (BYG) 381.40p -1.24%Menzies(John) (MNZS) 766.50p -1.10%St. Modwen Properties (SMP) 247.30p -1.08%Rightmove (RMV) 1,774.00p -1.00%Vesuvius (VSVS) 392.10p -0.81%BlackRock World Mining Trust (BRWM) 559.00p -0.80%Alent (ALNT) 388.90p -0.79%Atkins (WS) (ATK) 885.50p -0.78%Wetherspoon (J.D.) (JDW) 512.50p -0.77%BC
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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.

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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.

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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.

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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.

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15 Mar 2024 15:07

London close: Stocks finish mixed after Reckitt compo blow

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15 Mar 2024 09:25

Vodafone Germany makes surprise chief executive change

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15 Mar 2024 08:43

LONDON MARKET OPEN: FTSE 100 treads water; buyback boosts Vodafone

(Alliance News) - Stock prices in London opened in a muted fashion on Friday, as a hotter-than-expected US producer price reading stifled risk appetite, with focus beginning to move to interest rate decisions from the Federal Reserve and Bank of England next week.

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15 Mar 2024 07:46

LONDON BRIEFING: Vodafone, Scottish Mortgage Investment plan buybacks

(Alliance News) - London's FTSE 100 is called to open fractionally lower on Friday, possibly a tepid end to a decent week, as a robust US producer price reading hurt risk appetite on both sides of the Atlantic.

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15 Mar 2024 06:58

TOP NEWS: Vodafone plans share buyback after Italy sale to Swisscom

(Alliance News) - Vodafone Group PLC on Friday said it has agreed to sell its Italian business to Swisscom AG for EUR8 billion and will return half of the proceeds to shareholders.

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15 Mar 2024 06:45

Vodafone unveils €4bn capital return after selling Italian unit

(Sharecast News) - Vodafone and Swisscom have confirmed that the Swiss telecom group will take over Vodafone Italy for €8bn, enabling the UK company to return €4bn to shareholders.

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London close: Stocks finish positive as US inflation moderates

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29 Feb 2024 13:11

Vodafone rallies on 'RARE' Betaville report

(Sharecast News) - Vodafone rallied on Thursday amid takeover speculation.

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