Severn Trent (SVT)

Sector:

Utilities

Index:

FTSE 100

2,474.00p
   
  • Change Today:
    -46.00p
  • 52 Week High: 2,728.00
  • 52 Week Low: 2,265.00
  • Currency: UK Pounds
  • Shares Issued: 299.81m
  • Volume: 1,046,699
  • Market Cap: £7,417m
  • RiskGrade: 109

London pre-open: Subdued start expected ahead of economic data

Date: Friday 22 May 2015

LONDON (ShareCast) - UK stock markets were set for a quiet start on Friday as investors awaited a busy day on the economic data calendar.
City sources predict the FTSE 100 will open flat on Thursday's close of 7,013.47, its highest close since 11 May.

Macro indicators came in mixed the previous session, with manufacturing purchasing managers' indices from across the globe moving in opposite directions. Markit's Eurozone manufacturing PMI unexpectedly jumped to a 13-month high of 52.3, the HSBC China manufacturing PMI improved less than expected to 49.1, while the Markit US manufacturing PMI fell to a 16-month low of 53.8.

Other data from the US also disappointed: jobless claims increased a little more than forecast, existing-home sales showed a surprise slump, while the Philly Fed and Chicago Fed activity indices both missed estimates.

Nevertheless, Wall Street stocks gained on Thursday night, sending the S&P 500 to a fresh record closing high of 2,130.82 after minutes from the Fed's latest meeting - released on Wednesday - showed that a June rate hike was unlikely.

As for Friday's session, traders are expected to begin in a cautious mode ahead of key speeches from Mario Draghi, Mark Carney and Janet Yellen today, with the US consumer price index (CPI) at 13:30 trying to steal the spotlight. The US CPI print is forecast to show that the annual rate of inflation worsened to -0.2% in April from -0.1% in March.

UK borrowing figures and the German IFO business sentiment index will also be released.

Stocks to watch

HSBC has confirmed rumours that it is looking at a possible disposal of its Brazilian operations, though it has not yet made a decision. In a short statement on Friday morning, the global banking giant said: "HSBC confirms that it is exploring various strategic options for its operations in Brazil, including the potential sale thereof."

Costa coffee shops and Premier Inns hotels owner Whitbread has appointed Alison Brittain, current head of Lloyds's high street banking division, as its new chief executive, only the sixth woman in a FTSE 100 top role. Career banker Brittain, who has been at Lloyds since 2011 after previous roles at Santander and Barclays, has switched into the leisure sector after Whitbread's current chief, Andy Harrison, announced his retirement last month.

London-listed utility company Severn Trent posted a 53.5% drop in full-year pre-tax profit, pointing to a fair value loss on financial instruments, largely due to lower expectations for future interest rates, and an exceptional tax credit in the previous year.

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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.

 

Severn Trent Market Data

Currency UK Pounds
Share Price 2,474.00p
Change Today -46.00p
% Change -1.83 %
52 Week High 2,728.00
52 Week Low 2,265.00
Volume 1,046,699
Shares Issued 299.81m
Market Cap £7,417m
RiskGrade 109

Severn Trent Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.24% below the market average87.24% below the market average87.24% below the market average87.24% below the market average87.24% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
29.73% below the market average29.73% below the market average29.73% below the market average29.73% below the market average29.73% below the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Income
2.65% above the market average2.65% above the market average2.65% above the market average2.65% above the market average2.65% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Growth
42.71% below the market average42.71% below the market average42.71% below the market average42.71% below the market average42.71% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 1
Sell 3
Strong Sell 2
Total 12
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Severn Trent Dividends

  Latest Previous
  Final Interim
Ex-Div 30-May-24 30-Nov-23
Paid 17-Jul-24 10-Jan-24
Amount 70.10p 46.74p

Trades for 14-Jun-2024

Time Volume / Share Price
17:10 32,346 @ 2,477.57p
16:42 39,660 @ 2,484.01p
16:35 2,563 @ 2,474.00p
16:35 507,491 @ 2,474.00p
16:35 1 @ 2,474.00p

Severn Trent Key Personnel

CEO Olivia (Liv) Garfield
Chair Christine Mary Hodgson
CFO Helen Miles

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