MARKET TALK: Kingfisher 2Q UK Sales Disappointing - Arden

22nd Jul 2010 08:05

0705 GMT [Dow Jones] Kingfisher's (KGF.LN) second-quarter sales in the UK are "disappointing," Arden Partners analyst Nick Bubb says. The UK business is under pressure, but conversely, news on the group's sales progress in France is good. He says the share remains attractively valued. Add rating and 260p target . Shares -3.1% at 217p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 22, 2010 03:05 ET (07:05 GMT)

Top Risers

Share	Price	Change
Itim Grou (ITIM)	27.50	34.15%
Forgent (FORG)	0.0095	28%
Kingfisher (KGF)	343.70	12.43%
Fonix (FNX)	192.50	12.28%
Galileo Resources PLC (GLR)	0.825	10%

Top Fallers

Share	Price	Change
Sunda Energy (SNDA)	1.625	-40.91%
Mothercare (MTC)	0.11	-38.89%
Petro Matad (MATD)	0.95	-17.01%
Skinbiotherap. (SBTX)	6.25	-16.67%
Southern Energy (SOUC)	3.50	-14.29%

Top By Volume

Share	Price	Volume
Forgent (FORG)	0.0095	3,504,973,467
Buccaneer Ergy (BUCE)	0.0125	522,554,245
Premier African Minerals (PREM)	0.00625	482,178,079
80 Mile (80M)	1.155	421,344,233
Tower Resources (TRP)	0.0135	401,327,873

All prices are delayed by at least 15 minutes. Share Compare cannot be held responsible for the accuracy of share prices shown on this website, and investors should be aware that share prices can go down as well as up. Share Compare does not offer advice, and is not regulated by the Financial Conduct Authority.