Advertisement
UK markets closed
  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     
  • FTSE 250

    19,391.30
    -59.37 (-0.31%)
     
  • AIM

    745.67
    +0.38 (+0.05%)
     
  • GBP/EUR

    1.1619
    -0.0064 (-0.55%)
     
  • GBP/USD

    1.2381
    -0.0057 (-0.46%)
     
  • Bitcoin GBP

    51,847.34
    +708.52 (+1.39%)
     
  • CMC Crypto 200

    1,380.39
    +67.77 (+5.16%)
     
  • S&P 500

    4,982.56
    -28.56 (-0.57%)
     
  • DOW

    37,979.43
    +204.05 (+0.54%)
     
  • CRUDE OIL

    83.59
    +0.86 (+1.04%)
     
  • GOLD FUTURES

    2,414.40
    +16.40 (+0.68%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     
  • DAX

    17,737.36
    -100.04 (-0.56%)
     
  • CAC 40

    8,022.41
    -0.85 (-0.01%)
     

BUZZ-Kingfisher: best day in 6.5 yrs on H1 beat

** UK-based home improvement retailer up 7.2 pct, biggest one-day rise since early 2011

** Stock by far & away top gainer on Stoxx 600 & FTSE 100 in robust volume

** H1 underlying PBT £440 mln vs analysts' avg forecast of £426 mln

** "France and ROW were broadly in line, with the beat coming from the UK. A flat UK gross margin suggests an opex beat," UBS (LSE: 0QNR.L - news) says

** Co, however, cautious on H2 economic backdrop in both UK and France

** CFE Research says the main risk is that a downturn in consumer spending in the UK and France will impact sales and profitability & there are also issues relating to the restructuring of the UK store estate