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Pin to quick picksWPP Share News (WPP)

Share Price Information for WPP (WPP)

London Stock Exchange
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Share Price: 812.40
Bid: 811.40
Ask: 811.80
Change: 16.00 (2.01%)
Spread: 0.40 (0.049%)
Open: 802.00
High: 820.60
Low: 800.00
Prev. Close: 796.40
WPP Live PriceLast checked at -

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London close: FTSE 100 limps back above 6,000

Wed, 06th Jul 2011 16:33

The top share index was above the 6,000 point mark at the close of play, but only just after worries over the Eurozone crisis - and global growth - sent stocks lower.The People´s Bank of China's decision to raise its key policy rate by 25 basis points with effect from tomorrow sent markets into retreat. Nerves were already on edge after the ratings agency, Moody's Investors Services, cut Portugal's sovereign debt rating Tuesday night by four levels to Ba2 from Baa1, with a negative outlook. The Ba2 rating is regarded as "junk bond" status. Banks were most prominent among the laggards in the FTSE 100. RBS and Barclays closed nearly 4% lower.In company news, acquisitive advertising conglomerate WPP was another faller in the large-cap index. It has been waving its debit card about again, this time acquiring a majority stake in Indian advertising agency, Mindset Advertising. Sportswear retailer Sports Direct's move into the fashion world with the acquisition of 80% shareholdings in the Scottish fashion chains USC and Cruise Clothing for £7m has pleased the market. Cash and carry group Booker was flying off the shelves after saying it is on course to meet expectations for the year ending 30 March after seeing a sharp rise in sales in the first quarter. Total sales were up by 9.5% from the same period the previous year (7.4% on a like-for-like basis), and by 9.1% excluding tobacco. Like-for-like tobacco sales were up by 5.7%.Milk supplier Robert Wiseman was in demand after saying trading is in line with expectations. Panmure Gordon said today it thinks having to pay suppliers a higher milk price in the autumn presents it with an opportunity to "recover costs from retailers." The broker ups its target price on stock to 320p from 260p. British Airways owner IAG fell after analysts at AlphaValue downgraded IAG from overweight to underweight, following the release of the airline's June passenger statistics. Turning to smaller companies, shares in Coal of Africa roared higher after the miner said it had been granted approval to build its project at Vele in South Africa. Construction is expected to be completed in six to nine months and production is expected to reach 1m tonnes a year.Advertising and marketing group Cello dropped after saying it expects profits for the full year to fall slightly short of expectations after losing a retail research contract earlier this month and seeing one of its retail clients entering administration. The company expects to incur a full year exceptional charge of about £500,000. But another marketing-type firm, ILA, which supplies women's personal alarms and promotional products, is having a good day. It expects full-year sales to be higher than previously anticipated after successfully penetrating new markets.Diagnostics company Axis-Shield soared after it rejected an approach by US rival Alere, causing its shares to leap in value. Axis-Shield said the £230m bid by Alere "fundamentally undervalued" the company and its future prospects. The share price of tiddler Invu, a document management software provider, soared after finance director Ian Smith splashed out on 2.2m shares at 0.45p a time. FTSE 100 - RisersSerco Group (SRP) 565.00p +3.86%ARM Holdings (ARM) 616.00p +2.41%Smith & Nephew (SN.) 684.00p +1.71%Glencore International (GLEN) 494.20p +1.69%Experian (EXPN) 823.00p +1.48%Intertek Group (ITRK) 1,938.00p +1.47%GlaxoSmithKline (GSK) 1,359.50p +0.93%Tullow Oil (TLW) 1,313.00p +0.92%Resolution Ltd. (RSL) 300.00p +0.60%Randgold Resources Ltd. (RRS) 5,185.00p +0.58%FTSE 100 - FallersBarclays (BARC) 249.75p -3.76%Royal Bank of Scotland Group (RBS) 37.85p -3.42%WPP (WPP) 762.00p -3.05%International Consolidated Airlines Group SA (IAG) 251.10p -2.94%International Power (IPR) 310.20p -2.76%ICAP (IAP) 480.30p -2.66%ITV (ITV) 71.75p -2.58%Eurasian Natural Resources Corp. (ENRC) 795.50p -2.33%Admiral Group (ADM) 1,630.00p -2.28%Vedanta Resources (VED) 2,023.00p -2.22%FTSE 250 - RisersBooker Group (BOK) 77.85p +10.50%Brown (N.) Group (BWNG) 285.50p +6.65%WH Smith (SMWH) 522.00p +4.40%BTG (BGC) 298.90p +3.64%Sports Direct International (SPD) 250.90p +3.46%Kofax (KFX) 495.00p +3.12%Dunelm Group (DNLM) 405.50p +3.00%Moneysupermarket.com Group (MONY) 108.80p +2.84%Domino's Pizza UK & IRL (DOM) 427.30p +2.64%Victrex (VCT) 1,589.00p +2.52%FTSE 250 - FallersKenmare Resources (KMR) 55.00p -8.10%Ferrexpo (FXPO) 469.10p -5.29%Thomas Cook Group (TCG) 127.00p -4.30%De La Rue (DLAR) 746.00p -3.31%TR Property Inv Trust Sigma Shares (TRYS) 91.50p -2.66%RPC Group (RPC) 374.70p -2.62%Babcock International Group (BAB) 711.50p -2.53%easyJet (EZJ) 358.20p -2.29%Britvic (BVIC) 384.60p -2.26%Premier Farnell (PFL) 244.10p -1.97%
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8 Jan 2024 12:49

IN BRIEF: BT confirms February start date for new CEO Kirkby

BT Group PLC - London-based telecommunications provider - Confirms Independent Non-Executive Director Allison Kirkby will succeed Philip Jansen as chief executive officer from February 1. She was named successor in July, with previous communication being that she would take over from Jansen around the end of this month at the latest. Jansen will be available to support the handover until the end of March, when BT's financial year 2024 ends.

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5 Jan 2024 17:38

London close: Stocks finish red after US payrolls beat

(Sharecast News) - London stocks ended the trading day in negative territory on Friday as investors considered the latest UK construction data and a fresh non-farm payrolls report out of the US.

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5 Jan 2024 14:33

WPP rallies on report Kantar Media could be sold for £1bn

(Sharecast News) - Advertising firm WPP rallied on Friday following a report that Kantar Media, a division of the Kantar market research company, will be auctioned later this year.

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2 Jan 2024 16:58

LONDON MARKET CLOSE: Stocks down amid disappointing manufacturing data

(Alliance News) - Stock prices in London closed lower on Tuesday, after the year was started with some disappointing data about the UK and US manufacturing sectors.

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2 Jan 2024 12:01

LONDON MARKET MIDDAY: London stocks make largely soft start to 2024

(Alliance News) - Stock prices in London were mostly lower at midday on Tuesday in a slow start to the new year, reacting to the UK manufacturing sector finishing a tricky 2023 with a further contraction in December.

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2 Jan 2024 08:48

LONDON MARKET OPEN: New Year begins largely green amid slew of PMIs

(Alliance News) - Stock prices in London opened mostly up on Tuesday, the first day of trading in 2024, reacting to slightly improved factory activity in China, with more manufacturing PMIs from major economies due.

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2 Jan 2024 08:36

PRESS: Outgoing BT boss Jansen approached about being next WPP chair

(Alliance News) - WPP PLC has approached outgoing BT Group PLC chief Philip Jansen about becoming the advertising firm's next chair, Sky News reported on Monday.

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2 Jan 2024 07:57

LONDON BRIEFING: AstraZeneca, Sanofi's RSV treatment approved in China

(Alliance News) - Stock prices in London are expected to open higher on Tuesday, reacting to a slight expansion in manufacturing activity in China and ahead of a slew of manufacturing PMI data including for the UK.

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1 Jan 2024 21:35

BT chief Jansen approached about WPP chairmanship - Sky News

Jan 1 (Reuters) - BT Group's outgoing boss Philip Jansen has been approached about becoming the next chair of advertising group WPP, replacing Roberto Quarta, Sky News reported on Monday.

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1 Jan 2024 17:22

BT chief Jansen approached about WPP chairmanship - Sky News

Jan 1 (Reuters) - Philip Jansen, the outgoing BT Group boss, has been approached about becoming the next chairman of advertising group WPP, Sky News reported on Monday.

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13 Dec 2023 15:02

London close: Stocks finish higher ahead of Fed decision

(Sharecast News) - London markets remained in positive territory by the close of Wednesday after weak UK GDP data led investors to anticipate a potential rate cut from the Bank of England.

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13 Dec 2023 09:15

LONDON BROKER RATINGS: Exane BNP cuts Shell; JPMorgan cuts WPP

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

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13 Dec 2023 09:13

WPP hit by downgrade from JP Morgan

(Sharecast News) - Advertising and media group WPP's share price was being weighed down on Wednesday with a ratings cut by JP Morgan from 'overweight' to 'neutral'.

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13 Dec 2023 07:46

LONDON BRIEFING: UK economy shrinks in October; Entain CEO leaves

(Alliance News) - Stocks in London are called to open slightly higher on Wednesday, despite shock data on the UK economy and pre-interest rate nerves.

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21 Nov 2023 13:48

WPP's FGS Global buys Longview Communications for undisclosed sum

(Alliance News) - WPP PLC on Tuesday said that investee FGS Global has bought Longview Communications & Public Affairs Inc.

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