Kingfisher (KGF)

Sector:

Retailers

Index:

FTSE 100

243.40p
   
  • Change Today:
    -1.00p
  • 52 Week High: 262.60
  • 52 Week Low: 201.20
  • Currency: UK Pounds
  • Shares Issued: 1,872.60m
  • Volume: 5,492,535
  • Market Cap: £4,557.92m
  • RiskGrade: 158

Government may force shops to close - reports

By Sean Farrell

Date: Monday 23 Mar 2020

LONDON (ShareCast) - (Sharecast News) - The UK is considering closing down non-essential retailers to reduce the spread of Covid-19, according to reports.
The BBC's Laura Kuenssberg tweeted on Monday morning that Boris Johnson's government was "considering next steps like closing non-essential retail or whether to start treating people flouting the stay-at-home advice as acting against the law".

Johnson has imposed restrictions on movement unwillingly and only ordered the closure of pubs, restaurants and other entertainment venues on Friday when people failed to heed requests to stay away. At the weekend shoppers queued at close quarters outside supermarkets and retail staff have complained about lack of protection as they serve hundreds of customers.

Kuenssberg, the BBC's political editor, updated her comments by saying the government was examining retail and travel footfall to see how much of an impact Friday's restrictions had. "Seems increasingly likely there will be further tightening by end of today," she tweeted.

Scotland's first minister, Nicola Sturgeon then told reporters too many people were going to work and that companies should consider closing non-essential businesses. Sturgeon has previously gone public on government decisions before Johnson's 5pm briefing.

A number or UK retailers have already closed their stores including Primark, John Lewis and Card Factory but others such as WH Smith and Kingfisher have said they plan to stay open. Waterstones, the bookseller, shut its 280 UK shops on Monday after employees protested about potentially being exposed to the virus through customers.

Britain has lagged behind countries such as France and Spain in restricting citizens' movement, leading to calls for tougher action as Covid-19 threatens to overwhelm the health service.

Keir Starmer, the favourite to be the next leader of the Labour party, said further action was needed to emulate those countries.

He said: "In these extraordinary times, the government must now set out further compliance measures, such as those introduced in other countries. These are vital days in the battle against the coronavirus."





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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.

 

Kingfisher Market Data

Currency UK Pounds
Share Price 243.40p
Change Today -1.00p
% Change -0.41 %
52 Week High 262.60
52 Week Low 201.20
Volume 5,492,535
Shares Issued 1,872.60m
Market Cap £4,557.92m
RiskGrade 158

Kingfisher Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.11% above the market average79.11% above the market average79.11% above the market average79.11% above the market average79.11% above the market average
57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average
Price Trend
32.61% above the market average32.61% above the market average32.61% above the market average32.61% above the market average32.61% above the market average
64.10% above the sector average64.10% above the sector average64.10% above the sector average64.10% above the sector average64.10% above the sector average
Income
49.56% above the market average49.56% above the market average49.56% above the market average49.56% above the market average49.56% above the market average
22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average
Growth
93.75% below the market average93.75% below the market average93.75% below the market average93.75% below the market average93.75% below the market average
70% below the sector average70% below the sector average70% below the sector average70% below the sector average70% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 6
Sell 5
Strong Sell 1
Total 16
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Kingfisher Dividends

  Latest Previous
  Final Interim
Ex-Div 16-May-24 12-Oct-23
Paid 25-Jun-24 17-Nov-23
Amount 8.60p 3.80p

Trades for 17-Apr-2024

Time Volume / Share Price
16:37 5,653 @ 243.40p
16:37 4,347 @ 243.40p
16:35 2,588,526 @ 243.40p
16:35 2,240 @ 243.40p
16:35 533 @ 243.40p

Kingfisher Key Personnel

Chair Andrew Cosslett
CEO Thierry Garnier
CFO Bernard Bot

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