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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: 735.80
Bid: 736.20
Ask: 736.80
Change: -5.00 (-0.67%)
Spread: 0.60 (0.081%)
Open: 740.00
High: 742.40
Low: 735.80
Prev. Close: 740.80
WPP Live PriceLast checked at -

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London open: RBS and IAG lead gains as UK stocks rise on BoJ stimulus

Fri, 31st Oct 2014 08:34

London's stock market jumped in early deals on Friday, trading at levels not seen since the start of the month, after Japan's central bank unexpectedly ramped up its monetary-easing plan in a bid to revive growth.Sentiment was also helped by some well-received third-quarter results from heavyweights RBS, IAG and Direct Line.The FTSE 100 rose 0.9% to 6,519 within the opening hour after closing at 6,463.55 on Thursday, its highest finish since 8 October.Just days after the Federal Reserve called an end to its asset purchases, the Bank of Japan said it would be expanding its bond-buying programme to 80trn yen a year, up from the Y60trn-70trn level which has been in place since April 2013, amid downwards pressure on prices and falling consumer spending.The move saw Japanese stocks soar over 5% on Friday and the yen slump close to seven-year lows against the dollar.Analyst Angus Campbell from FxPro said the decision in Japan took "almost everyone by surprise, not because further measures were not expected, but because it was thought the BoJ wouldn't move quite so soon".Economic data will be in focus on Friday, with Eurozone inflation figures due out in the morning, followed by personal spending, and consumer-confidence indicators in the States later on.RBS, IAG and Direct Line provide a boostRoyal Bank of Scotland was making decent gains after saying it swung to a profit of nearly £1.3bn in the third quarter of 2014, compared with a loss of £634m the year before, and said it was making early progress in its strategy to create a "simpler, clearer and fairer" bank. The part-nationalised lender also confirmed that it would be keeping Irish arm Ulster Bank following a strategic review.Anglo-Spanish airline conglomerate International Consolidated Airlines Group was also in demand as it reported a 30% jump in third-quarter operating profits on the back of falling fuel costs and lifted its guidance for full-year growth. It now expects full-year adjusted operating profits to grow €550m-600m over last year, compared with an earlier target for €500m growth.Direct Line noted "highly competitive" markets but reassured investors by saying that pricing in the motor insurance market continuing to stabilise in the third quarter. The company said it remains on track to hit its full-year targets.Tougher comparatives led to a slowdown in organic growth at advertising and media giant WPP in the third quarter, though the company maintained its guidance for the full year. The stock was more or less flat early on.Fashion retailer SuperGroup was a heavy faller after lowering its profit guidance for the full year after recent warm weather kept a lid on sales. Market MoverstechMARK 2,767.73 +0.65%FTSE 100 6,519.37 +0.86%FTSE 250 15,443.81 +0.95%FTSE 100 - RisersInternational Consolidated Airlines Group SA (CDI) (IAG) 404.00p +3.40%Royal Bank of Scotland Group (RBS) 374.90p +2.63%Ashtead Group (AHT) 1,041.00p +2.16%Schroders (SDR) 2,380.00p +2.10%Friends Life Group Limited (FLG) 320.40p +2.10%London Stock Exchange Group (LSE) 2,010.00p +1.98%Intu Properties (INTU) 341.70p +1.91%St James's Place (STJ) 724.50p +1.68%Royal Mail (RMG) 442.60p +1.65%Unilever (ULVR) 2,514.00p +1.58%FTSE 100 - FallersRandgold Resources Ltd. (RRS) 3,718.00p -1.61%Fresnillo (FRES) 707.00p -1.33%BT Group (BT.A) 363.80p -1.11%WPP (WPP) 1,204.00p -0.33%Tesco (TSCO) 173.10p -0.12%RSA Insurance Group (RSA) 478.70p -0.10%Smith & Nephew (SN.) 1,053.00p -0.09%FTSE 250 - RisersJD Sports Fashion (JD.) 474.40p +5.42%Elementis (ELM) 268.00p +4.28%Henderson Group (HGG) 208.60p +4.25%Regus (RGU) 192.50p +4.22%Polymetal International (POLY) 527.00p +3.33%Card Factory (CARD) 233.00p +3.23%Zoopla Property Group (WI) (ZPLA) 211.50p +2.92%Berendsen (BRSN) 1,006.00p +2.81%Bank of Georgia Holdings (BGEO) 2,568.00p +2.64%AL Noor Hospitals Group (ANH) 1,048.00p +2.54%FTSE 250 - FallersSupergroup (SGP) 811.00p -8.36%Bwin.party Digital Entertainment (BPTY) 94.90p -4.96%Centamin (DI) (CEY) 53.40p -2.64%African Barrick Gold (ABG) 210.40p -1.73%Ted Baker (TED) 1,943.00p -0.61%Serco Group (SRP) 294.10p -0.57%Workspace Group (WKP) 635.50p -0.47%Playtech (PTEC) 701.00p -0.43%Premier Oil (PMO) 258.10p -0.39%Provident Financial (PFG) 2,115.00p -0.38%
More News
11 Jan 2024 10:51

WPP slumps after double downgrade to 'sell' by UBS

(Sharecast News) - WPP slumped on Thursday after UBS double downgraded the shares to 'sell' and slashed the price target to 700p from 1,200p, saying that 2024 was set to be another challenging year.

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10 Jan 2024 17:14

WPP reportedly mulling sale of Kantar stake

(Sharecast News) - Advertising agency conglomerate WPP is exploring options to divest its 40% stake in market research firm Kantar, it was reported on Wednesday, in a bid to raise capital and address a declining share price.

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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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