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Pin to quick picksBritish American Tobacco Share News (BATS)

Share Price Information for British American Tobacco (BATS)

London Stock Exchange
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Share Price: 2,446.00
Bid: 2,445.00
Ask: 2,446.00
Change: -65.00 (-2.59%)
Spread: 1.00 (0.041%)
Open: 2,483.00
High: 2,495.00
Low: 2,445.00
Prev. Close: 2,511.00
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Weak pound boosts exporters in FTSE 100; Ocado extends rally

Mon, 14th Nov 2022 17:29

Indivior up on deal to buy Opiant Pharma

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Informa lifts annual earnings view as demand improves

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UK budget, due later in the week, in focus

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FTSE 100 up 0.9%, FTSE 250 flat

Nov 14 (Reuters) -

The UK's export-oriented FTSE 100 climbed on Monday supported by a weaker pound as traders braced for the government's fiscal statement later this week and with a stronger dollar weighing on the British currency.

The FTSE 100 closed 0.9% higher, with Ocado Group up 14% and leading gains.

"Ocado saw the largest drop in short interest in October, helping the stock extend recent gains," said Victoria Scholar, head of investment at Interactive Investor.

Shares of the online supermarket and technology group have surged this month after it entered South Korea through a partnership deal with Lotte Shopping, Scholar added.

"The stock is now up more than 90% and is at the top of the FTSE 100 today as investors turn bullish on the supermarket technology business," she added.

Weakness in the pound against a strong dollar boosted export-oriented companies such as Unilever and British American Tobacco.

Sterling fell ahead of British Chancellor Jeremy Hunt's autumn statement on Thursday, when he is expected to set out tax rises and spending cuts.

"The UK government is still on a report card, being closely monitored after the perceived economic bad behaviour of the short-lived (Liz) Truss administration," said Susannah Streeter, markets analyst at Hargreaves Lansdown.

"That's why Prime Minister Rishi Sunak and his Chancellor Hunt have been priming the nation this weekend to expect widespread tax increases, and a cut back of spending in the Autumn Statement."

Informa Plc jumped 5.8% on raising its full-year earnings outlook, pushing the broader FTSE 350 media index 1.5% higher.

Indivior gained 2.4% after it said it would acquire Opiant Pharmaceuticals for approximately $145 million in cash. The broader healthcare index was up 2.5%.

British miners added 0.6% as copper prices jumped on the Chinese government offering support to its battered property sector, which consumes a vast amount of metals.

The domestically-focused FTSE 250 midcap index was subdued by the close after marking its biggest weekly gain in almost two years on Friday. (Reporting by Shashwat Chauhan and Bansari Mayur Kamdar in Bengaluru; editing by Uttaresh.V and Ken Ferris)

More News
23 Feb 2023 15:40

Director dealings: BATS non-exec picks up some shares

(Sharecast News) - British American Tobacco non-executive director Sue Farr picked up some shares in the tobacco giant on Wednesday.

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15 Feb 2023 16:54

LONDON MARKET CLOSE: FTSE 100 breaches 8,000 point mark as pound falls

(Alliance News) - The FTSE 100 climbed past the 8,000 point mark for the first time on Wednesday, as confident afternoon trade in London defied a slow start from equities in New York.

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13 Feb 2023 17:01

LONDON MARKET CLOSE: Stocks make headway ahead of US inflation reading

(Alliance News) - Stocks in Europe closed higher on Monday, starting the week on decent footing as a strong open in New York lifted the mood, though Tuesday's US inflation data may sour sentiment.

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13 Feb 2023 16:15

Director dealings: British American Tobacco director snaps up shares

(Sharecast News) - British American Tobacco revealed on Monday that non-executive director Karen Guerra had acquired 3,300 ordinary shares in the FTSE 100-listed cigarette maker.

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13 Feb 2023 10:56

IN BRIEF: British American Tobacco Non-Exec Guerra buys 3,300 shares

British American Tobacco PLC - London-based maker of cigarettes and vaping products - Non-Executive Director Karen Guerra buys 3,300 shares at GBP30.55 each, worth GBP100,815, in London on Friday.

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13 Feb 2023 09:23

LONDON BROKER RATINGS: RBC cuts Severn Trent, likes National Grid

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

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9 Feb 2023 16:58

LONDON MARKET CLOSE: BoE chief lifts FTSE 100; Disney up in New York

(Alliance News) - London's FTSE 100 hit another record high on Thursday as largely soothing words from the Bank of England governor lifted the mood, while equities in New York joined in on the action, with Walt Disney a star performer.

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9 Feb 2023 12:05

LONDON MARKET MIDDAY: Standard Chartered takeover talks lift FTSE 100

(Alliance News) - Stock prices in London were largely higher at midday on Thursday, thanks to a strong set of results from drug maker AstraZeneca and renewed takeover talks for lender Standard Chartered.

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9 Feb 2023 10:34

CORRECT: British American Tobacco profit up in 2022, hikes dividend 6%

(Correcting the dividend declared.)

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9 Feb 2023 09:13

LONDON MARKET OPEN: BAT falls on sales miss; Entain hit by MGM remark

(Alliance News) - Stock prices in London opened higher on Thursday, as investors digested a mixed set of UK company earnings.

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9 Feb 2023 08:27

TOP NEWS: British American Tobacco profit up in 2022 amid challenges

(Alliance News) - British American Tobacco PLC on Thursday reported a marginal rise in profit for 2022 as the cigarette maker navigated an "increasingly challenging" economic environment, but it noted that momentum in New Category was "strong".

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9 Feb 2023 07:55

LONDON BRIEFING: AstraZeneca swings to profit; Unilever volumes fall

(Alliance News) - Stocks in London were called to open higher on Thursday, as investors in Europe kept their cool, despite hawkish US central bankers and a weak finish on Wall Street.

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9 Feb 2023 07:12

British American Tobacco posts jump in full-year sales led by New Category products

(Sharecast News) - British American Tobacco posted a big increase in full-year sales and profits with the former driven by its New category products and foreign exchange tailwinds.

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2 Feb 2023 15:49

UK earnings, trading statements calendar - next 7 days

Friday 3 February 
no events scheduled 
Monday 6 February 
BlackRock Throgmorton Trust PLCFull Year Results
Brown Advisory US Smaller Cos PLCHalf Year Results
Plant Health Care PLCTrading Statement
Tuesday 7 February 
Alumasc Group PLCHalf Year Results
BP PLCFull Year Results
Feedback PLCHalf Year Results
Filtronic PLCHalf Year Results
Mattioli Woods PLCHalf Year Results
React Group PLCFull Year Results
SSE PLCTrading Statement
Wednesday 8 February 
Ashmore Group PLCHalf Year Results
Barratt Developments PLCHalf Year Results
DCC PLCTrading Statement
Hardide PLCFull Year Results
PZ Cussons PLCHalf Year Results
Severn Trent PLCTrading Statement
Smurfit Kappa Group PLCFull Year Results
Thursday 9 February 
AstraZeneca PLCFull Year Results
Bellway PLCTrading Statement
British American Tobacco PLCFull Year Results
Compass Group PLCTrading Statement
Pershing Square Holdings LtdFull Year Results
Redrow PLCHalf Year Results
Unilever PLCFull Year Results
Watches of Switzerland Group PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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2 Feb 2023 09:19

LONDON BROKER RATINGS: Goldman Sachs cuts Standard Chartered

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

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