Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 286.50
Bid: 286.40
Ask: 286.60
Change: -7.40 (-2.52%)
Spread: 0.20 (0.07%)
Open: 294.70
High: 295.00
Low: 286.00
Prev. Close: 293.90
MKS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: Markets in positive mood ahead of US jobs data

Fri, 04th Apr 2014 11:33

- Expectations high for US non-farm payrolls- 200k increase expected in March, jobless rate seen lower- easyJet traffic grows, RBS appoints new CFO- Retailers fall, including Tesco and M&StechMARK 2,774.68 +0.14%FTSE 100 6,678.29 +0.44%FTSE 250 16,414.01 +0.40%UK stock markets were putting in a decent performance on Friday with the FTSE 100 nearing a three-and-a-half week high as investors adopted a bullish mood ahead of the all-important US non-farm payrolls report due out this afternoon.The FTSE 100 was trading 0.4% higher at 6,678 by midday; it has not closed above this level since March 11th when it finished at 6,685.52.Following the positive ADP report on Wednesday, which showed that private hiring increased by 191,000 last month, expectations are high for a strong 'official' figure today as the adverse impact from severe winter weather seen in recent months eases.Ahead of the Bureau for Labor Statistics data due out at 13:30, consensus forecasts were for a 200,000 increase in payrolls in March, up from 175,000 the month before, while the unemployment rate is expected to have fallen to 6.6% from 6.7%.Market Analyst Craig Erlam from Alpari said that the positive moves on markets this morning was "unusual", as traders are normally fairly risk-averse before the jobs report each month."The number of jobs added in December, January and February appeared to be hit heavily by the unusually poor weather in the US and the expectation now is that the loss of job creation in those months will be carried over to the next few month, particularly March," he said.easyJet traffic grows, RBS appoints new CFOeasyJet was flying higher this morning after saying the number of passengers in March rose by 4.8% to 5,107,676 compared to a year earlier. The load factor, the number of passengers to the number of seats available, increased to 91.5% from 90.5% the same month in 2013. Royal Bank of Scotland rose after hiring long-running Credit Suisse banker, Ewen Stevenson, as its new Chief Finance Officer (CFO) following the resignation of Nathan Bostock in December. Shore Capital Analyst Gary Greenwood said the appointment "removes uncertainty" at the bank and "should therefore enhance investor confidence in the company's ability to deliver on its strategic plan".Oil, gas and mining engineer Kentz Corporation, however, fell after revealing that its CFO, Ed Power, is to step down on reaching his normal retirement age this May.Supermarket group Tesco was trading lower on speculation that its Finance Chief Laurie McIlwee could quit in the coming days amid falling profits and a recent decline in market share. McIlwee has worked for Tesco for 15 years.Department store Marks & Spencer was also in the red after Goldman Sachs warned of margin pressures, saying that the business is not immune to the increasing competition in the UK grocery market. In a report last night, the bank added M&S to its 'Conviction Sell List' and slashed its target price from 420p to 340p.Other retailers such as Kingfisher, WM Morrison, SuperGroup and Dixons Retail were also lower despite research from Deloitte saying that the High Street has showed "great resilience" since the financial crisis.Telecoms group Vodafone was hit with a downgrade by Nomura to 'neutral' and a target price cut from 255p to 240p. Meanwhile, Pearson was higher after Jefferies upgraded the publisher to 'buy' and raised its target from 1,128p to 1,184p.FTSE 100 - RisersRSA Insurance Group (RSA) 94.35p +3.68%Mondi (MNDI) 1,079.00p +2.37%easyJet (EZJ) 1,829.00p +2.12%Pearson (PSON) 1,029.00p +2.08%Aviva (AV.) 498.30p +1.90%G4S (GFS) 248.60p +1.80%Resolution Ltd. (RSL) 294.20p +1.80%Fresnillo (FRES) 885.00p +1.67%Aberdeen Asset Management (ADN) 440.20p +1.55%Carnival (CCL) 2,387.00p +1.36%FTSE 100 - FallersKingfisher (KGF) 438.90p -1.19%Intertek Group (ITRK) 2,974.00p -0.87%Tesco (TSCO) 289.35p -0.81%ARM Holdings (ARM) 1,018.00p -0.78%Johnson Matthey (JMAT) 3,271.00p -0.73%Vodafone Group (VOD) 217.95p -0.55%Travis Perkins (TPK) 1,883.00p -0.53%Barratt Developments (BDEV) 414.30p -0.53%Morrison (Wm) Supermarkets (MRW) 206.00p -0.48%AstraZeneca (AZN) 3,899.50p -0.46%FTSE 250 - RisersPerform Group (PER) 259.80p +5.18%Man Group (EMG) 106.90p +4.91%Oxford Instruments (OXIG) 1,412.00p +4.83%Fidessa Group (FDSA) 2,641.00p +2.84%Premier Oil (PMO) 305.70p +2.69%Evraz (EVR) 77.90p +2.50%Alent (ALNT) 321.80p +2.48%Phoenix Group Holdings (DI) (PHNX) 654.50p +2.43%Vesuvius (VSVS) 456.80p +2.33%Ted Baker (TED) 2,181.00p +2.15%FTSE 250 - FallersSupergroup (SGP) 1,596.00p -3.33%Imagination Technologies Group (IMG) 216.20p -2.44%FirstGroup (FGP) 131.50p -2.23%CSR (CSR) 695.50p -2.04%Big Yellow Group (BYG) 542.50p -1.99%Savills (SVS) 659.00p -1.86%Booker Group (BOK) 158.70p -1.67%Ocado Group (OCDO) 453.30p -1.48%Dixons Retail (DXNS) 49.70p -1.29%Provident Financial (PFG) 1,902.00p -1.25%BC
More News
12 Dec 2022 17:57

IN BRIEF: Rightmove says chair was named independent director at M&S

Rightmove PLC - London-based property portal- Chair Andrew Fisher informs company he will be appointed senior independent director of Marks and Spencer Group PLC. Appointment takes effect from December 31. Fisher been non-executive director at M&S since December 2015. Will continue to chair its remuneration committee.

Read more
8 Dec 2022 12:18

LONDON MARKET MIDDAY: FTSE 100 miners rise as China lifts Covid rules

(Alliance News) - Stock prices in Europe were looking for direction at midday on Thursday, while mining stocks in London made gains as China eased its Covid curbs.

Read more
8 Dec 2022 10:42

BP pulse partners with Marks & Spencer over electric vehicle charging

(Alliance News) - BP PLC on Thursday said its electric vehicle charging business BP pulse signed an exclusive agreement with Marks & Spencer Group PLC to bring EV charge points to 70 M&S UK stores over the next two years.

Read more
2 Dec 2022 09:38

LONDON BROKER RATINGS: Jefferies raises AJ Bell to 'buy' from 'hold'

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

Read more
30 Nov 2022 08:11

Marks & Spencer to acquire fashion marketplace operator Threads

(Sharecast News) - Retailer Marks & Spencer has acquired the intellectual property of fashion marketplace Thread, which recently went into administration, as part of an effort to drive revenue growth from personalised services.

Read more
29 Nov 2022 18:26

Half of Britain's free-range Christmas turkeys lost to bird flu crisis

600,000 free range turkeys and geese died or culled

*

Read more
28 Nov 2022 15:56

Britain's BT nears union deal with new cost-of-living pay rise

LONDON, Nov 28 (Reuters) - BT said on Monday it had struck a wage deal that could bring an end to industrial action after it agreed to pay all but its most senior staff in Britain a special rise reflecting the rising cost of living.

Read more
25 Nov 2022 15:42

Cost-of-living crisis casts shadow over Europe's Black Friday

Consumers battling record inflation

*

Read more
25 Nov 2022 11:33

UK budget fashion chain Primark to invest 140 mln stg in stores

LONDON, Nov 25 (Reuters) - British fashion chain Primark set out plans to invest 140 million pounds ($169 million) in its UK store estate over the next two years, betting on its rock-bottom prices luring customers as the country grapples with a cost-of-living crisis.

Read more
25 Nov 2022 07:00

Cost-of-living crisis casts shadow over Britain's Black Friday

LONDON, Nov 25 (Reuters) - Britain's retailers are hoping Black Friday discount day will get shoppers spending, though it takes place against a backdrop of a worsening cost-of-living crisis and the distraction of the soccer World Cup.

Read more
21 Nov 2022 10:09

LONDON BROKER RATINGS: Panmure and Goldman Sachs cut boohoo from 'buy'

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

Read more
18 Nov 2022 12:04

As recession bites, Tesco offers UK staff pay advance

LONDON, Nov 18 (Reuters) - Tesco, one of Britain's largest private-sector employers, is offering its staff advances on their pay in the latest sign of the distress arising from a worsening cost-of-living crisis.

Read more
18 Nov 2022 11:44

Britain's M&S names former Rentokil exec as interim finance chief

M&S names Jeremy Townsend as interim CFO

*

Read more
18 Nov 2022 11:00

Marks & Spencer hires ex-Rentokil CFO Jeremy Townsend as interim CFO

(Alliance News) - Marks & Spencer Group PLC on Thursday said it appointed Jeremy Townsend, former chief financial officer at Rentokil Initial PLC, as the group's interim CFO.

Read more
18 Nov 2022 10:27

Marks & Spencer appoints Jeremy Townsend as interim CFO

(Sharecast News) - Marks and Spencer has appointed Jeremy Townsend as interim chief financial officer.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.