11 jul: Brazil's Embraer Backlog Falls To 6-Year Low
11 jul: Polish Government Agencies Launch Shale Gas Research Initiative
11-07-2012 13:44:00

LONDON MARKETS: U.K. Stocks Choppy As Burberry Drops

Relateret indhold
Relateret debat
17 sep - 
As a lot of humans cannot acquiesce to buy the absolute..
17 sep - 
By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) ..

By Sara Sjolin and Preeti Upadhyaya, MarketWatch

LONDON (MarketWatch) -- U.K. stocks swung between small gains and losses on Wednesday, as luxury retailer Burberry Group PLC added pressure after reporting slowed growth in first quarter, while oil firms climbed along with rising oil prices.

The FTSE 100 index dropped 0.1% to 5,661.10.

Burberry (BURBY) posted the biggest loss in the index, off 5.8%. The company reported that fiscal first-quarter sales rose but the growth rate lagged that of the year-earlier period. At constant currencies, revenue jumped 11%, but that rate slowed from 34% in the year-ago quarter.

GlaxoSmithKline PLC (GSK) advanced 0.8% as its Japanese partner Shionogi-ViiV Healthcare reported progress in a Phase III study of dolutegravir in a regimen to treat certain adults with HIV. ViiV is a joint venture of GlaxoSmithKline and Pfizer Inc., the New York health-care firm.

For the broader U.K. markets, stocks tracked a volatile trading session in Europe, where investors cheered additional austerity in Spain, but remained cautious about growth in the global economy.

Oil firms lend support in the U.K., as oil prices rose above $85 a barrel.

BP PLC (BP) took on 0.8%, Royal Dutch Shell PLC (RDSA) (RDSB) picked up 0.6% and Tullow Oil PLC gained 0.8%.

Among other notable gainers, ICAP PLC was up 1.8% after announcing that the company expects to save 50 million pounds ($77.8 million) per year by the end of the current financial year, substantially cutting costs.

Weighing on the U.K. index, utility firm SSE PLC dropped 1.3%, after Morgan Stanley cut the stock to underweight from equal-weight. In addition, the bank cut Centrica PLC to equal-weight from overweight, citing tougher competition and the weak economy. Shares of Centrica lost 1.2%.

Rolls-Royce Holdings PLC shed 1.6% even as it announced it had won an order for its Trent engines worth $280 million Wednesday.

"I would assume that the $280 million Trent engines contract does not have a really significant size compared to Rolls Royce's order book value - which was £62.2 billion in 2011 - and company profit, being £11,277 million in 2011, to have a strong positive impact on the stock," said Henrik Heidenkamp, research fellow at Royal United Services Institute for Defence and Security Studies.

(END) Dow Jones Newswires

July 11, 2012 07:44 ET (11:44 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Aktier/tendens: Rockwool og Össur kan få opmærksomhed

24-10-2014 08:41:48
Rockwool og Össur kan meget vel komme i bevægelse fra morgenstunden fredag, efter henholdsvis en fyring og en opjustering af forventningerne.For det underliggen..

NKT-rival opjusterer efter salgsfremgang

23-10-2014 16:35:46
Amerikanske Tennant, der konkurrer med danske NKT inden for produktion af rengøringsmaskiner, fik en omsætningsfremgang på 7,5 pct. til 202,6 mio. dollar i tred..

Eli Lilly Q3: Rammer tæt på analytikerforventningerne

23-10-2014 12:39:41
Den amerikanske medicinalvirksomhed Eli Lilly lå i tredje kvartal indtjeningsmæssigt helt op af forventningerne blandt analytikerne ifølge Bloomberg News.Det ju..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Vestas/Danske: Ser god fremtid selv uden PTC
2
OW/Jyske: Slagene til OW Bunker er midlertidige
3
Europa/aktier: Nøgletal overstrålede blandede regnskaber
4
OW Bunker/Nordea: Hæver anbefaling til "køb"
5
Small Cap Danmark taber stort på DLH, Topsil og Egetæpper

Relaterede aktiekurser

BP PLC $0.25 434,85 -0,9% Fald i aktiekurs
Rolls-Royce Holdings PLC.. 794,00 -0,9% Fald i aktiekurs
GlaxoSmithKline PLC 1.412,00 0,0% Aktiekurs uændret
Centrica ORD 6 14/81P 295,29 -0,6% Fald i aktiekurs
Royal Dutch Shell PLC 'A.. 2.210,50 0,0% Stigning i aktiekurs
Royal Dutch Shell PLC 'B.. 2.305,50 0,3% Stigning i aktiekurs
Tullow OIL PLC ORD 10P 507,00 0,3% Stigning i aktiekurs
SSE PLC ORD 50P 1.542,00 0,0% Aktiekurs uændret
Burberry Group PLC 1.489,00 -0,4% Fald i aktiekurs
Icap PLC Ord 10p 411,50 -0,3% Fald i aktiekurs
BP p.l.c. 42,17 0,0% Aktiekurs uændret
GlaxoSmithKline PLC 45,36 0,0% Aktiekurs uændret
Royal Dutch Shell PLC CL.. 73,95 0,0% Aktiekurs uændret
Royal Dutch Shell PLC CL.. 70,83 0,0% Aktiekurs uændret
Royal Dutch Shella 28,05 0,2% Stigning i aktiekurs
Royal Dutch Shellb 29,29 0,6% Stigning i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen
Sælg

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.
Euroinvestor i andre lande: Euroinvestor.com | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
24. oktober 2014 10:31:27
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20141015.1 - EUROWEB7 - 2014-10-24 10:31:27 - 2014-10-24 10:31:27 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x