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Pin to quick picksNational Grid Share News (NG.)

Share Price Information for National Grid (NG.)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 887.60
Bid: 890.20
Ask: 890.60
Change: -7.40 (-0.83%)
Spread: 0.40 (0.045%)
Open: 896.80
High: 898.60
Low: 882.80
Prev. Close: 895.00
NG. Live PriceLast checked at -

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FTSE 100 closes above 8,000 on positive Centrica, StanChart earnings

Thu, 16th Feb 2023 17:31

Centrica, StanChart jump on upbeat earnings

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Vodafone up on report exploring options for African Unit

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FTSE 100 up 0.2%, FTSE 250 flat

Feb 16 (Reuters) - Britain's internationally-focussed FTSE 100 on Thursday closed above 8,000 points for the first time as upbeat earnings from Centrica and Standard Chartered countered global risk-off sentiment after hotter-than-expected U.S. inflation data.

The blue-chip FTSE 100 gained 0.2%, off an intra-day record high hit earlier in the day, but still at its highest ever closing level of 8,012.53 points.

The exporter-heavy index has had a stellar start to the year, gaining 7.5% so far as positive corporate earnings and rising commodity prices supported the index.

Data showed U.S. producer prices rose more than expected in January while jobless claims unexpectedly fell, fanning speculation the U.S. Federal Reserve would keep raising interest rates for longer than expected.

"The fact that it (inflation) hasn't weakened has given the market bit of a reason to pause," said Chris Beauchamp, chief market analyst at IG Group.

"Having rallied so much, the index does need a lot of good news to drive it higher from here. But we might be at risk of running out of that in the short term."

The domestically-focussed FTSE 250 midcaps closed flat.

Shares of Centrica jumped to top the FTSE 100, adding 5.7%, after the British Gas owner's annual profit more than tripled and it announced an extension of its share buyback programme.

Standard Chartered rose 4.1% after the lender reported a 28% rise in annual pretax profit and unveiled a $1 billion share buyback.

Meanwhile, investors will have an eye out for Bank of England Chief Economist Huw Pill's speech on the UK economy later in the day.

Among individual stocks, pharmaceutical company Indivior tumbled 13.6% after reporting its full-year results, tanking to the bottom of FTSE 250.

Shares of Vodafone rose 2.3% on a report the telecom company is exploring options for its African unit Vodacom. Gains in the stock lifted the telecommunications sector up 2.3%. (Reporting by Shashwat Chauhan and Shristi Achar A in Bengaluru; Editing by Sherry Jacob-Phillips and Mark Potter)

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4 Apr 2023 17:27

FTSE 100 falls as oil stocks drag, pound rises

OKYO Pharma slumps on LSE delisting plans

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4 Apr 2023 09:41

Prices mixed on lower imports, above average storage

LONDON, April 4 (Reuters) - British and Dutch gas prices were mixed on Tuesday morning as lower temperatures and reduced imports from Norway and Russia lent some support, while stable inventories put pressures on prompt prices.

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3 Apr 2023 10:08

Prices edge up on colder weather, lower wind

LONDON, April 3 (Reuters) - British and Dutch gas prices rose on Monday morning as colder weather forecasts and lower wind speeds increased demand and market players remained concerned over hydro levels ahead of summer.

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31 Mar 2023 09:41

Prices edge up on cooler temperatures, lower wind speeds

LONDON, March 31 (Reuters) - British and Dutch gas prices edged higher on Friday morning as forecasts for cooler temperatures and lower wind speeds led to expectations of higher demand in the coming days.

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29 Mar 2023 10:02

Prices rise on colder forecasts, speculative buying

LONDON, March 29 (Reuters) - British and Dutch wholesale gas prices rose on Wednesday morning as forecasts showed colder weather in Europe from the end of the week and concerns about higher Chinese demand fuelled buying activity.

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28 Mar 2023 10:48

Prices fall on milder temperatures, stronger wind forecasts

LONDON, March 28 (Reuters) - British and Dutch wholesale gas prices fell on Tuesday morning as milder temperature and stronger wind forecasts curbed demand.

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27 Mar 2023 17:06

UK stocks finish higher as banks, AstraZeneca climb

AstraZeneca rises on late-stage drug trial success

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27 Mar 2023 09:55

Prices mixed on warm weather, uncertainties over French strikes

LONDON, March 27 (Reuters) -

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24 Mar 2023 09:47

Prices rise on firm demand and French strikes

LONDON, March 24 (Reuters) - British and Dutch wholesale gas prices rose on Friday morning due to firm demand and as industrial action affected operations at French nuclear plants and liquefied natural gas (LNG) terminals.

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22 Mar 2023 11:24

Prices mixed as French strikes continue

LONDON, March 22 (Reuters) - British wholesale gas prices declined on Wednesday morning on over-supply, while Dutch prices were mostly range-bound as strikes in France continue to affect liquefied natural gas (LNG) terminals and reduce nuclear power capacity.

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21 Mar 2023 10:28

Dutch benchmark rebounds but storage refill caps gains

March 21 (Reuters) - Europe's benchmark gas contract rose marginally on Tuesday morning from a 19-month low on Monday, but gains remain capped as several European countries started to refill storage following a mild winter.

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20 Mar 2023 17:33

Commodity-linked stocks push FTSE 100 higher

Bank stocks extend decline from last week

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20 Mar 2023 09:48

Dutch benchmark hits 19-month low on strong winds and milder weather

LONDON, March 20 (Reuters) - Europe's benchmark gas contract hit its lowest for 19 months as expectations of strong output from wind farms and milder temperatures curbed demand.

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15 Mar 2023 17:16

Britain considers coal power back-up for next winter - National Grid

LONDON, March 15 (Reuters) - Britain is considering keeping some coal plants available for back-up power to ensure sufficient electricity supplies for next winter, National Grid said on Wednesday but plant operators said they are unlikely to be able to meet the request.

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15 Mar 2023 12:05

Britain considers coal power back-up for next winter

LONDON, March 15 (Reuters) - Britain is considering keeping some coal plants available for back-up power to ensure sufficient electricity supplies for next winter, National Grid said on Wednesday.

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