The following is a list of companies that may have unusual share-price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close.
Futures on the FTSE 100 Index gained 2.2 percent to 5,272 at 7:41 a.m. in London. The FTSE 100 rose 54.26 points, or 1.1 percent, to 5,156.84 yesterday. The FTSE All-Share Index increased 0.9 percent to 2,678.25, while Ireland’s ISEQ Index advanced 0.6 percent to 2,447.93.
Dixons Retail Plc (DXNS) : The retailer said total like- for-like sales declined 7 percent in the 12 weeks through July 23, while same-store sales fell 10 percent in the U.K., the company’s largest division. The stock slid 3.7 percent to 10.59 pence.
HSBC Holdings Plc (HSBA) : Europe’s largest bank has held talks on the possible sale of the full-service investment advisory division of its Canadian retail brokerage. The stock advanced 0.9 percent to 509.2 pence.
Kingfisher Plc (KGF) : Nomura Holdings Inc. raised its recommendation on Europe’s largest home-improvement retailer to “buy” from “neutral.” The stock slipped 0.6 percent to 225.6 pence.
Michael Page International Plc (MPI) : The stock was cut to “underperform” from “neutral” at Exane BNP Paribas. The shares added 0.3 percent to 354.5 pence.
National Grid Plc (NG/) : U.K. electricity supply into the network from wind turbines climbed to a record 3,021 megawatt-hours on Sept. 6, Gemma Stokes, a National Grid spokeswoman, said by telephone. The stock gained 1 percent to 615 pence.
Rio Tinto Group (RIO LN): Zimbabwe has reached an agreement with Rio Tinto’s Murowa diamond mine and 45 other mining companies to increase ownership by black citizens. The shares climbed 1.7 percent to 3,549 pence.
Vallares Plc (VLRS LN): The investment vehicle led by BP Plc’s former Chief Executive Officer Tony Hayward agreed to merge with Genel Energy International Ltd. in a $2.1 billion all-share deal to gain fields in Iraq’s Kurdistan region. The shares rose 0.7 percent to 995 pence.
To contact the reporters on this story: Blanche Gatt in London at bgatt@bloomberg.net; Adria Cimino in Paris at acimino1@bloomberg.net
To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net
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