Associated British Foods (ABF)

Sector:

Food

Index:

FTSE 100

2,741.00p
   
  • Change Today:
    235.00p
  • 52 Week High: 2,765.00
  • 52 Week Low: 1,825.50
  • Currency: UK Pounds
  • Shares Issued: 752.16m
  • Volume: 1,654,402
  • Market Cap: £20,617m
  • RiskGrade: 161

Sunday newspaper round-up: Zero Covid, British Airways, Rolls Royce

By Alexander Bueso

Date: Sunday 27 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Protests against the government's zero-Covid strategy are spreading from Shanghai to other Chinese cities such as Guangzhou, Wuhan and Xi'an. Videos of the protests on social media, including some showing clashes with police and people chanting anti-government slogans, were taken down. In Urumqi, most of the city had been under lockdown for over three months, although lockdowns were lifted in some neighbourhoods on Saturday. China reported 39,506 cases of Covid-9 on Sunday, a record level, but small when compared to the levels recorded at the height of the pandemic in the West. - The Sunday Times
British Airways will nearly double its operations out of Gatwick as a result of the ongoing dispute with Heathrow. The carrier was understood to be planning to increase the number of jets based at Gatwick from 14 to between 24-28 over the next few years. Heathrow was forced to limit the number of passengers flying out of the airport to avoid a repeat of the chaos seen at many airports since Easter. It was also pressing the aviation regulator to boost landing charges, the cost of which are then passed on to passengers. - The Sunday Telegraph

Chemicals outfit Ineos has held talks with Rolls Royce regarding use of the engineer's nuclear power technology to supply the Grangemouth refinery in Scotland with zero-carbon energy. More specifically, Rolls Royce's small modular reactors would provide the electricity needed to generate green hydrogen fuel for the refinery. The talks nevertheless were said to be at an early stage and no commercials had yet been discussed. - Guardian

Domino's Pizza Group's boss Elias Diaz said sales during the World Cup are running far ahead of expectations, vindicating the pizza chain's decision to hire an extra 10,000 staff over the preceding two months. Nonetheless, Diaz conceded that the cost of living crisis was "obviously a real concern", but added that the company's value credentials would help it overcome the economic slump. He also pointed out how Domino's long-term relationships with suppliers had allowed it to limit price rises. - Financial Mail on Sunday

Industry experts and store executives say that retail chains have been caught between fast rising costs and softer than expected demand which may lead to a string of casualties over Christmas as shoppers face increases in their food and energy bills. Fashion retailers had been especially hard hit as they had also had to cope with warmer than normal temperatures. On the flip side, shoppers had flocked to town centres and retail parks after the pandemic eased. According to one retail director, the outfits that would do well were Primark, Aldi, Lidl and probably Next. - Financial Mail on Sunday

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Associated British Foods Market Data

Currency UK Pounds
Share Price 2,741.00p
Change Today 235.00p
% Change 9.38 %
52 Week High 2,765.00
52 Week Low 1,825.50
Volume 1,654,402
Shares Issued 752.16m
Market Cap £20,617m
RiskGrade 161

Associated British Foods Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.35% below the market average78.35% below the market average78.35% below the market average78.35% below the market average78.35% below the market average
61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average
Price Trend
87.74% above the market average87.74% above the market average87.74% above the market average87.74% above the market average87.74% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Income
51.07% below the market average51.07% below the market average51.07% below the market average51.07% below the market average51.07% below the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average
Growth
39.48% above the market average39.48% above the market average39.48% above the market average39.48% above the market average39.48% above the market average
76.92% above the sector average76.92% above the sector average76.92% above the sector average76.92% above the sector average76.92% above the sector average

What The Brokers Say

Strong Buy 2
Buy 4
Neutral 12
Sell 0
Strong Sell 0
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Associated British Foods Dividends

  Latest Previous
  Interim Final
Ex-Div 30-May-24 14-Dec-23
Paid 05-Jul-24 12-Jan-24
Amount 20.70p 33.10p

Trades for 23-Apr-2024

Time Volume / Share Price
15:22 1 @ 2,741.00p
15:22 43 @ 2,741.00p
15:22 2 @ 2,741.00p
15:22 118 @ 2,741.00p
15:22 299 @ 2,741.00p

Associated British Foods Key Personnel

CEO George G Weston
Chair Michael McLintock
Finance Director Eoin Tonge

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