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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: 76.22
Bid: 76.24
Ask: 76.28
Change: -0.94 (-1.22%)
Spread: 0.04 (0.052%)
Open: 76.72
High: 76.94
Low: 76.18
Prev. Close: 77.16
VOD Live PriceLast checked at -

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UK's FTSE extends rally for second week on back of U.S. strength

Fri, 27th Dec 2013 15:33

* FTSE 100 gains 0.6 percent

* Longest winning streak for index since October

* Index just 1.5 percent off of 2013 high

By Alistair Smout

LONDON, Dec 27 (Reuters) - Britain's top share index rose onFriday, taking its cue from fresh all-time highs hit on WallStreet to notch up its sixth straight day of gains, its longestwinning streak in two months.

The gains confirmed a second straight positive week for FTSE100 returns, and a 4.6 percent rally over the lastfortnight has taken the index into positive territory forDecember.

The FTSE 100 was up 42.85 points, or 0.6 percent, at6,737.02 points by 1516 GMT, after both the Dow Jones andthe S&P 500 scaled record highs on Thursday, when the UKmarket was shut for the Boxing Day holiday.

The rise made it the UK benchmark's longest winning streaksince October, fuelled by optimism that the U.S. economy isstrong enough to withstand the gradual withdrawal of monetarystimulus.

Commodity related stocks were among the biggest risers aswell as the most heavily traded stocks in an otherwise quietsession that saw a little more than a quarter of the averagevolume traded with just an hour of trading left.

The basic materials sector, which contains miners and otherstocks sensitive to commodity prices, added 9 points to theindex's advance, as copper hit a four month high.

"There's a bit of volume coming back into some of thecommodity-related stocks, with commodity prices breaking throughsome important levels," Manoj Ladwa, head of trading at TJMPartners, said, adding that good data out of the United Stateswould help support commodity prices.

"The performance of the U.S. market is helping the UKmarket, and I'm maintaining a target of 7,000 for the end of theyear on the FTSE, as the momentum is there."

In another positive sign for economic growth in the world'slargest economy, U.S. jobless claims fell more than expected onThursday. This followed robust U.S. durable goods orders datareleased on Dec. 24.

The session's gains left the FTSE 1.5 percent off the 2013closing high at 6,840, which was a 13-year-high and only justover 100 points from the all-time peak.

"It feels like only a matter of time before we surpass theOctober high, and might make it there before New Year," WillHedden, sales trader at IG, said.

"Then with the all time high around 6,950, it seemsreasonable that this could be hit during the first quarter of2014."

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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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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.

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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.

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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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