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Pin to quick picksNext Share News (NXT)

Share Price Information for Next (NXT)

London Stock Exchange
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Share Price: 9,144.00
Bid: 9,162.00
Ask: 9,164.00
Change: -114.00 (-1.23%)
Spread: 2.00 (0.022%)
Open: 9,268.00
High: 9,334.00
Low: 9,116.00
Prev. Close: 9,258.00
NXT Live PriceLast checked at -

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Sector movers: Supermarkets lead retailers higher on upbeat grocery data

Tue, 10th Feb 2015 15:09

Retailers were at the top of investors' shopping lists on Tuesday after an acceleration in UK retail sales growth lifted sentiment, while supermarkets were supported by some upbeat grocery news from Kantar.UK-listed supermarkets such as Tesco and Morrisons were making decent gains in afternoon trade, along with other high-street names like Marks & Spencer, Dixons Carphone and Next.The British Retail Consortium (BRC) and KPMG retail sales monitor revealed that the annual rate of UK sales growth picked up to 1.6% in January after a 1% rise in December.Helen Dickinson, Director General of the BRC, said: "Looking into the numbers a little more closely gives us even more cause for optimism - last year retailers had a bumper January so to see growth against such a tough comparison shows the industry to be in rude health."Meanwhile, the figures showed that food sales increased for the second month in a row, with the three-month average showing 0.2% growth - the best performance since February 2014.Separate data from Kantar Worldpanel revealed that the grocery sales increased by 1.1% in the 12 weeks to 1 February, its fastest rate of sales growth since last June, as the continued price war among the Big Four attracted more customers.Tesco returned to growth for the first time in a year, recorded a 0.3% increase in sales, while Morrisons' 0.4% sales decline was its best performance since December 2013. Tesco's shares were up 3.2% while Morrisons jumped 4%.Sainsbury however was reeling 1.3% after Kantar said that the grocer lost its position as the second-largest retailer by market share to Walmart's Asda.Top performing sectors so far todayFood & Drug Retailers 3,290.84 +2.66%Industrial Metals & Mining 1,814.13 +1.77%General Retailers 3,020.52 +1.68%Forestry & Paper 13,194.91 +1.66%Tobacco 43,076.44 +1.60%Bottom performing sectors so far todayMining 14,132.26 -3.09%Industrial Transportation 2,777.26 -2.60%Oil Equipment, Services & Distribution 16,902.20 -2.58%Oil & Gas Producers 7,353.25 -2.36%Banks 4,345.81 -1.02%
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TOP NEWS: Next ups outlook after stronger than expected Christmas

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LONDON BRIEFING: Next, Greggs and B&M saw festive cheer

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5 Jan 2023 07:33

Next lifts FY profit guidance after better-than-expected Christmas sales

(Sharecast News) - Retailer Next lifted its full-year profit guidance on Thursday as it reported better-than-expected sales over the Christmas period, but struck a cautious note on the outlook for the year ahead.

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LONDON MARKET OPEN: Strong open despite strikes, inflation woe in UK

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30 Dec 2022 09:07

LONDON MARKET OPEN: FTSE 100 opens lower but outperforms peers in 2022

(Alliance News) - Stock prices in London opened the last trading day of the year lower on Friday, but the FTSE 100 index has fared better than other blue-chip indices in Europe in 2022 as a whole.

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29 Dec 2022 13:40

UK earnings, trading statements calendar - next 7 days

Friday 30 December 
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Monday 02 January 
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Wednesday 04 January 
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Thursday 05 January 
B&M European Value Retail SATrading Statement
Greggs PLCTrading Statement
Next PLCTrading Statement
  
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29 Dec 2022 09:09

LONDON BROKER RATINGS: Jefferies raises Next price target

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

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29 Dec 2022 07:31

LONDON BRIEFING: Growing concern about China as Covid cases surge

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28 Dec 2022 16:57

LONDON MARKET CLOSE: Catch-up playing FTSE up amid jitters elsewhere

(Alliance News) - London's FTSE 100 outperformed global peers on Wednesday as equity market trading resumed after the Christmas break.

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LONDON BROKER RATINGS: Stifel raises Next to buy, cuts boohoo to hold

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23 Dec 2022 09:00

LONDON MARKET OPEN: Trading subdued on quiet Friday before holidays

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21 Dec 2022 16:52

LONDON MARKET CLOSE: Stocks higher as UK retail gets boost from Nike

(Alliance News) - Stock prices in London closed in the green on Wednesday, with the FTSE 100 lifted by retail stocks getting a boost from strong quarterly figures from US sportswear brand Nike in a positive read-across.

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21 Dec 2022 11:11

German gas subsidy clouds euro area inflation forecasts

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