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Pin to quick picksWPP Share News (WPP)

Share Price Information for WPP (WPP)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 829.00
Bid: 828.40
Ask: 828.80
Change: 16.40 (2.02%)
Spread: 0.40 (0.048%)
Open: 817.40
High: 832.60
Low: 816.40
Prev. Close: 812.60
WPP Live PriceLast checked at -

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UPDATE 2-Earnings, metal rally spur European stocks to record high

Thu, 15th Apr 2021 09:40

(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)

* FTSE 100 hits highest since Feb 2020 as miners jump

* German real estate firms rise as rent cap rule overturned

* Deliveroo slips despite reporting jump in orders

* STOXX 600 Q1 earnings expected to jump over 50% - data
(Updates to close)

By Sruthi Shankar

April 15 (Reuters) - European stocks closed at a record high
on Thursday as a rally in commodity prices lifted mining stocks
and a slate of upbeat earnings reports offset worries about the
pace of COVID-19 vaccinations.

The pan-European STOXX 600 index rose 0.5% in its
third session of gains, with miners jumping 1.5%.

Travel & leisure stocks closed up 0.1% after hitting
a record high earlier in the session.

The UK's commodity-heavy FTSE 100 rose 0.6% to its
highest level since February 2020 as a surge in metals prices
lifted shares of companies such as Rio Tinto, Anglo
American and BHP.

While European stocks have now recovered all of their
pandemic-induced losses from last year, they have lagged their
U.S. counterparts due to a choppy COVID-19 vaccine roll-out as
well as a new wave of infections across the continent.

U.S. drugmaker Johnson & Johnson this week delayed
the roll-out of its COVID-19 shot in Europe, while Denmark said
it would drop a similar vaccine from AstraZeneca over
the risk of blood clotting.

"The euro zone economy might lag others more than we had
expected previously because of the concerns around AstraZeneca,"
said Paul Jackson, global head of asset allocation research at
Invesco.

"Notwithstanding that, once they are vaccinated, European
countries have more to gain than most others."

With U.S. economic data and corporate earnings reports
reinforcing expectations of a swift global economic rebound,
attention this month will turn to the quarterly earnings season
in Europe.

Analysts expect earnings at STOXX 600 firms to rebound more
than 50% in the first quarter following a slide of nearly 40% in
the same quarter a year earlier, according to Refinitiv I/B/E/S
data.

On Thursday, Swiss engineering company ABB rose
3.1% after raising its full-year sales outlook, while French
advertising group Publicis gained 3.3% as it returned
to organic growth for the first time since before the pandemic.

Shares in Publicis' British rival WPP rose 0.5%.

German real estate companies Deutsche Wohnen, LEG
Immobilien and TAG Immobilien rose between
0.9% and 2.5% after the Constitutional Court ruled that a law
putting a rent cap on apartments in Berlin was invalid.

Britain's food delivery company Deliveroo slipped
3.8% even as its quarterly orders more than doubled in its first
trading update since its underwhelming market debut last month.

Norwegian lender Sbanken soared 30.3% after the
country's largest bank DNB agreed to buy the smaller
competitor in a deal worth 11.1 billion Norwegian crowns ($1.3
billion).
(Reporting by Sruthi Shankar in Bengaluru, additional reporting
by Sagarika Jaisinghani, editing by Shounak Dasgupta, Kirsten
Donovan)

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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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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.

Read more
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.

Read more
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.

Read more
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'.

Read more
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.

Read more
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.

Read more

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