British shares falter as Fed, oil play Scrooge [Reuters (UK)]
National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG)
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Source: Reuters
British shares falter as Fed, oil play Scrooge | Reuters 4 Min Read (Reuters) - UK shares fell to their lowest in more than two years on Thursday, joining a wider market selloff, after the U.S. Federal Reserve bank dampened hopes for a milder policy outlook and oil resumed its slide. The FTSE 100 .FTSE was down 0.8 percent with the mid-cap index .FTMC 0.9 percent lower, after hitting multi-year lows in early trading. In result-driven moves, Carnival ( CCL.L ) tanked 10.8 percent to the bottom of the main index after the world’s largest cruise operator forecast an adjusted profit for the first quarter that missed market expectations. Oil heavyweights Shell ( RDSa.L ) and BP ( BP.L ) were the biggest drags on the main index, as crude prices slipped back into negative territory. Utilities, often seen as a safe haven, helped the main index recoup some losses. National Grid ( NG.L ) was up 2.4 percent after a rating upgrade by CFRA, with Severn Trent ( SVT.L ) and United Utilitie
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NGG
Sec Filings
- 4/18/24 - Form 6-K
- 4/10/24 - Form 6-K
- 3/28/24 - Form 6-K
- NGG's page on the SEC website