Roundtable Discussion; The Future of Mineral Sands. 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: 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 -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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
More News
18 Dec 2023 10:43

UPDATE: Vodafone confirms eyeing merger or disposal of Italy business

(Alliance News) - Vodafone Group PLC on Monday confirmed it is "exploring options with several parties" to combine or sell its telecommunications operations in Italy.

Read more
18 Dec 2023 09:17

PRESS: France's Iliad prepares offer to combine with Vodafone in Italy

(Alliance News) - France's Iliad SA wants to finalise by the end of January a proposal to Vodafone Group PLC to combine their telecommunications operations in Italy, Reuters reported late Friday.

Read more
18 Dec 2023 09:07

LONDON MARKET OPEN: FTSE 100 edges higher as Fed rally fades elsewhere

(Alliance News) - The FTSE 100 managed to eke out some minor gains at Monday's market open, while stocks elsewhere pulled back after last week's advance.

Read more
18 Dec 2023 08:52

Vodafone surges as Iliad proposes merging Italian businesses

(Sharecast News) - Vodafone confirmed on Monday that it is in talks with several parties about the potential merger or disposal of its Italian unit, after France's Iliad said it had submitted a proposal to merge their two Italian businesses.

Read more
18 Dec 2023 08:05

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

Read more
18 Dec 2023 07:59

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

Read more
15 Dec 2023 18:59

Iliad wants to finalise JV proposal for Vodafone Italy by end-January -sources

LONDON/MILAN, Dec 15 (Reuters) - French telecoms group Iliad wants to finalise a proposal to Vodafone Italy to combine their Italian operations in a joint venture by the end of January, two sources briefed on the matter said.

Read more
14 Dec 2023 10:44

Sumitomo partners with Vodafone and Deloitte to speed up global trade

(Alliance News) - Sumitomo Mitsui Financial Group Inc and Vodafone Group PLC will team up with Deloitte and Nexxiot to support global autonomous freight handling, the firms announced on Thursday.

Read more
13 Dec 2023 17:07

European shares subdued as markets look to Fed decision for cues

BASF rises on UBS rating upgrade

*

Read more
12 Dec 2023 18:34

Ukraine's top mobile operator hit by biggest cyberattack of war so far

Kyivstar's IT systems 'partially destroyed'

*

Read more
12 Dec 2023 18:06

UK may ban some mid-contract mobile and broadband price hikes

LONDON, Dec 12 (Reuters) - Britain's telecoms regulator proposed banning inflation-linked price rises in the middle of customers' broadband and mobile contracts, saying the practice was unfair on consumers and hampering competition.

Read more
12 Dec 2023 16:55

LONDON MARKET CLOSE: Europe rally loses steam as focus turns to Fed

(Alliance News) - London's FTSE 100 spent most of the day solidly in the green, and the CAC 40 in Paris spiked to a record high, though Tuesday's rally waned and signs of caution emerged again ahead of a trio of central bank decisions.

Read more
12 Dec 2023 16:00

London close: Stocks slip as investors digest US inflation

(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.

Read more
12 Dec 2023 12:07

London midday: FTSE still firmer ahead of US inflation print

(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.

Read more
12 Dec 2023 10:59

BT shares fall as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell more than 4% on Tuesday after Britain's telecom regulator proposed a ban on inflation-linked price rises in the middle of customers’ mobile and broadband contracts.

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.