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 picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 69.76
Bid: 69.86
Ask: 69.88
Change: 0.34 (0.49%)
Spread: 0.02 (0.029%)
Open: 69.54
High: 70.34
Low: 69.54
Prev. Close: 69.42
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London close: Stocks creep higher but risk appetite limited ahead of elections

Wed, 06th May 2015 16:32

UK stocks finished a choppy session marginally in positive territory on Wednesday as investor risk appetite was curbed by pre-election uncertainty and cautious comments from Federal Reserve chair Janet Yellen.The FTSE 100 closed up 6.16 points (+0.09%) at 6,933.74, rebounding slightly after settling at a one-month low the previous session.However, the index ended well below the intraday high of 6,974.82 reached early on. Not even a forecast-beating survey on the UK services sector could lift the mood as City traders attempted to predict the outcome of Thursday's electoral vote."With fewer than 24 hours before the UK goes to the polls, the picture is still unclear as to who will be running the country in the coming days," said analyst Alastair McCaig from IG. McCaig said the latest IG general election binary is currently showing a 94% chance there will be no majority government.Corporate earnings were mostly well-received by investors on Wednesday, with blue chips Sage Group, Imperial Tobacco, Legal & General and GKN all impressing, though Sainsbury's disappointed with its first annual loss in a decade.Stocks had temporarily dropped into the red before the close following a weak start on Wall Street after Yellen warned of the "dangers" in an environment of elevated stock markets and low interest rates. Equity valuations are "generally quite high", the Fed chair said, and there could be a large increase in long-term rates when the Fed eventually tightens policy.Economic data in focusService-sector from across the globe was also on investors' minds on Thursday, along with labour-market figures in the States.The Markit/CIPS UK services purchasing managers' index (PMI) rose to 59.5 in April from 58.9 a month earlier, more than the 58.5 predicted by analysts. The final reading of the Markit Eurozone services PMI was unexpectedly revised up to 54.1 from the 'flash' estimate of 53.7, more or less in line with the 54.2 level in March. Meanwhile, the HSBC Chinese services PMI rose to a four-month high of 52.9, up from 52.3 in March but slightly below expectations.The closely-watched ADP employment report showed just a 169,000 increase in US private payrolls in April, compared with a revised 175,000 reading in March and well below the 200,000 consensus forecast.While it is only seen as a very rough guide to official US non-farm payrolls data, the weak figure may temper some optimism surrounding the government data due on Friday. Analysts currently predict the non-farm payrolls to jump 230,000 in April, from 126,000 the month before.Earnings impress but Sainsbury's bucks the trendSainsbury's fell sharply after reporting a loss for the full year, though results still came in ahead of analysts' expectations. The grocer reported a loss before tax of £72m for the year ended March, compared with a £898m profit previously, prompting it to slash it full-year dividend by 23.7%.After an early fall, software company Sage surged after saying it's on track to meet 2015 targets, as it reported a 6.2% rise in organic revenue for the first half of this year.Imperial Tobacco gained after lifting its dividend 10% as its growth brands delivered strong growth and earnings beat expectations in the first half. Adjusted earnings per share were up 4% to 93.3p.Legal & General also impressed with an 8% increase in first-quarter net cash generation to £326m, while annuity sales jumped 19%.Engineering giant GKN was in demand after saying it still expects growth in 2015 as a strong automotive performance drove a 1% increase in organic sales in the first quarter.Vodafone was also making decent gains after Exane BNP Paribas raised its rating on the stock to 'outperform' and lifted its target price from 220p to 270p. The broker said: "There are much better times ahead in our view." Market MoverstechMARK 3,193.99 +0.64%FTSE 100 6,933.74 +0.09%FTSE 250 17,412.08 -0.23%FTSE 100 - RisersSage Group (SGE) 536.00p +7.96%St James's Place (STJ) 886.50p +1.84%Imperial Tobacco Group (IMT) 3,175.00p +1.76%Vodafone Group (VOD) 232.20p +1.60%Mondi (MNDI) 1,311.00p +1.55%International Consolidated Airlines Group SA (CDI) (IAG) 545.00p +1.49%Centrica (CNA) 260.20p +1.40%Dixons Carphone (DC.) 431.10p +1.22%BT Group (BT.A) 454.30p +1.14%Capita (CPI) 1,173.00p +1.12%FTSE 100 - FallersAberdeen Asset Management (ADN) 431.10p -4.33%Sainsbury (J) (SBRY) 266.30p -3.16%Hikma Pharmaceuticals (HIK) 1,980.00p -2.17%Antofagasta (ANTO) 782.50p -2.00%London Stock Exchange Group (LSE) 2,436.00p -1.66%3i Group (III) 485.30p -1.54%Randgold Resources Ltd. (RRS) 4,914.00p -1.54%British Land Company (BLND) 805.50p -1.35%Carnival (CCL) 2,903.00p -1.29%Glencore (GLEN) 310.45p -1.24%FTSE 250 - RisersSupergroup (SGP) 1,071.00p +7.42%Aveva Group (AVV) 1,875.00p +7.14%Evraz (EVR) 205.70p +5.81%Ocado Group (OCDO) 375.10p +5.45%Soco International (SIA) 197.70p +4.00%Wetherspoon (J.D.) (JDW) 764.50p +3.87%Ted Baker (TED) 2,962.00p +3.57%Marston's (MARS) 169.20p +3.55%Millennium & Copthorne Hotels (MLC) 600.50p +3.27%Premier Oil (PMO) 184.90p +3.07%FTSE 250 - FallersGenus (GNS) 1,274.00p -7.95%Diploma (DPLM) 758.50p -7.05%Man Group (EMG) 172.90p -5.78%PayPoint (PAY) 799.50p -5.27%AL Noor Hospitals Group (ANH) 855.50p -5.16%AO World (AO.) 172.50p -4.17%Brown (N.) Group (BWNG) 322.10p -3.85%Kaz Minerals (KAZ) 259.30p -3.82%Centamin (DI) (CEY) 61.90p -3.81%Allied Minds (ALM) 620.00p -3.50%
More News
29 Jun 2023 09:00

LONDON BROKER RATINGS: Exane cuts Ashtead; Investec likes De La Rue

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

Read more
26 Jun 2023 17:15

FTSE 100 inches lower as defence firms drag; commodity-linked stocks rise

Defence firms fall after an aborted mutiny in Russia

*

Read more
21 Jun 2023 16:16

EU antitrust regulators scrap probe into Fox unit, Ziggo

BRUSSELS, June 21 (Reuters) - EU antitrust regulators have scrapped an investigation into a Fox unit and Netherlands-based Ziggo Sport over European sports rights in 2020, two years after raiding their premises, according to an update on the European Commission website.

Read more
21 Jun 2023 07:41

Vodafone hires Morgan Stanley to weigh options for its Spanish unit - Expansion

MADRID, June 21 (Reuters) - Britain telecoms company Vodafone has hired investment bank Morgan Stanley to evaluate the options for its Spanish unit, Spanish newspaper Expansion reported on Wednesday citing unidentified market sources.

Read more
16 Jun 2023 14:54

Britain's antitrust head: competition is key to innovation

LONDON, June 16 (Reuters) - Competition is key to innovation, the head of Britain's antitrust authority told conference delegates on Thursday, a day after the watchdog said it would review a deal announced this week to create Britain's biggest mobile operator.

Read more
15 Jun 2023 12:07

LONDON MARKET MIDDAY: European equities downbeat ahead of ECB decision

(Alliance News) - Stock prices in London were largely lower at midday on Thursday, as focus turned to the European Central Bank's interest rate decision due out in the early afternoon.

Read more
15 Jun 2023 08:35

Vodafone extends Hyundai partnership for in-car streaming services

(Alliance News) - Vodafone Group PLC on Thursday said that Hyundai Motor Co and Vodafone Business have extended their existing strategic partnership, which helps to provide customers with in-car connected streaming services.

Read more
14 Jun 2023 17:28

UK's FTSE 100 rises on mining boost; Fed decision awaited

Retail, films drive modest UK economic growth

*

Read more
14 Jun 2023 17:09

Vodafone CEO secures early win, but long road ahead on the deal front

LONDON, June 14 (Reuters) - Vodafone boss Margherita Della Valle has bagged her first win with a merger deal in Britain, but the time it took to get there and the tortuous road ahead shows the scale of the challenge she faces to turn around the telecoms group.

Read more
14 Jun 2023 17:05

Vodafone, Hutchison strike $19 bln deal to create UK mobile leader

Deal would create UK's biggest mobile operator

*

Read more
14 Jun 2023 16:56

LONDON MARKET CLOSE: Europe rises as US inflation eases pre-Fed nerves

(Alliance News) - Blue-chip stocks in Europe ended higher on Wednesday, with Frankfurt's DAX 40 hitting a record high, as cooling US inflation all but ensures the Federal Reserve will decide against a rate hike later today.

Read more
14 Jun 2023 12:48

Vodafone will take Hutchison deal to competition watchdog in 'coming weeks'

LONDON, June 14 (Reuters) - Vodafone will present its British merger deal with CK Hutchison to Britain's competition regulator in the coming weeks, the London-listed company's UK CEO said on Wednesday.

Read more
14 Jun 2023 12:37

Vodafone boss: Hutchison deal doesn't change dividend policy

LONDON, June 14 (Reuters) - Vodafone boss Margherita Della Valle said the company's deal to merge its UK operations with that of CK Hutchison's did not affect its current dividend policy.

Read more
14 Jun 2023 12:30

Vodafone will take Hutchison deal to competition watchdog in 'coming weeks'

LONDON, June 14 (Reuters) - Vodafone will present its British merger deal with CK Hutchison to Britain's competition regulator in the coming weeks, the London-listed company's UK CEO said on Wednesday.

Read more
14 Jun 2023 12:17

LONDON MARKET MIDDAY: FTSE 100 up; Vodafone unveils UK mobile merger

(Alliance News) - The FTSE 100 index was higher at midday in London on Wednesday, buoyed by market confidence that the US Federal Reserve will hold interest rates steady later in the day, as well as a major merger announcement from telecommunications firm Vodafone.

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.