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SFR Severfield Plc

69.60
1.80 (2.65%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Severfield Plc LSE:SFR London Ordinary Share GB00B27YGJ97 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.80 2.65% 69.60 66.20 69.40 69.40 66.00 66.00 141,246 16:35:29
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Structural Steel Erection 493.61M 21.57M 0.0697 9.76 210.49M
Severfield Plc is listed in the Structural Steel Erection sector of the London Stock Exchange with ticker SFR. The last closing price for Severfield was 67.80p. Over the last year, Severfield shares have traded in a share price range of 49.30p to 76.20p.

Severfield currently has 309,538,321 shares in issue. The market capitalisation of Severfield is £210.49 million. Severfield has a price to earnings ratio (PE ratio) of 9.76.

Severfield Share Discussion Threads

Showing 7526 to 7549 of 7850 messages
Chat Pages: Latest  302  301  300  299  298  297  296  295  294  293  292  291  Older
DateSubjectAuthorDiscuss
02/10/2023
17:21
1 EUR = 0.9636 CHF


The live Euro to Swiss Franc exchange rate (EUR CHF) as of 2 Oct 2023 at 5:20 PM.

florenceorbis
02/10/2023
11:58
1 EUR = 0.9631 CHF


The live Euro to Swiss Franc exchange rate (EUR CHF) as of 2 Oct 2023 at 11:57 AM.

adrian j boris
02/10/2023
07:44
1 EUR = 0.9669 CHF



The live Euro to Swiss Franc exchange rate (EUR CHF) as of 2 Oct 2023 at 7:43 AM.

ariane
29/9/2023
08:54
Singapore, France, Switzerland successfully test cross-border wholesale digital currency
Read more At:

la forge
29/9/2023
06:18
1 EUR = 0.9665 CHF



The live Euro to Swiss Franc exchange rate (EUR CHF) as of 29 Sep 2023 at 6:17 AM.

ariane
28/9/2023
06:37
1 EUR = 0.9673 CHF

The live Euro to Swiss Franc exchange rate (EUR CHF) as of 28 Sep 2023 at 6:36 AM.

ariane
27/9/2023
06:54
1 EUR = 0.9688 CHF


The live Euro to Swiss Franc exchange rate (EUR CHF) as of 27 Sep 2023 at 6:53 AM.

ariane
26/9/2023
11:45
1 EUR = 0.9671 CHF

The live Euro to Swiss Franc exchange rate (EUR CHF) as of 26 Sep 2023 at 11:44 AM.

misca2
26/9/2023
06:49
1 EUR = 0.9665 CHF


The live Euro to Swiss Franc exchange rate (EUR CHF) as of 26 Sep 2023 at 6:49 AM.

ariane
25/9/2023
12:01
1 EUR = 0.9671 CHF



The live Euro to Swiss Franc exchange rate (EUR CHF) as of 25 Sep 2023 at 12:00 PM.

maywillow
25/9/2023
07:56
1 EUR = 0.9664 CHF


The live Euro to Swiss Franc exchange rate (EUR CHF) as of 25 Sep 2023 at 7:55 AM.

ariane
23/9/2023
07:38
1 EUR = 0.9668 CHF


The live Euro to Swiss Franc exchange rate (EUR CHF) as of 23 Sep 2023 at 7:37 AM.

ariane
22/9/2023
08:43
1 EUR = 0.9633 CHF


The live Euro to Swiss Franc exchange rate (EUR CHF) as of 22 Sep 2023 at 8:43 AM.

grupo
21/9/2023
15:35
Euro To Swiss Franc Outlook: "Dip Below 0.95 In Q4 2023" Say Rabobank

Posted by Dave Taylor in CHF, EUR, Institutional FX Forecasts, - 21 Sep 2023 14:35



Currency exchange analysts at Rabobank forecast that due to declining growth prospects in the Eurozone, the Euro to Swiss Franc exchange rate (EUR/CHF) will fall below 0.95 in the fourth quarter, driven by investors seeking safer assets.

At the time of writing EUR/CHF is trading at 0.96423, 0.66% higher than the daily opening levels.

At the centre of their assessment is the Swiss National Bank's (SNB) surprising decision to keep interest rates unchanged, a move justified by the Swiss growth and inflation forecasts.

Furthermore, while the CHF might benefit from its "safe haven" status, especially in light of risks in the Eurozone, it's believed the currency may face challenges against the US Dollar (USD).

The Swiss central bank's decision to maintain rates caught markets off-guard, especially given that the European Central Bank (ECB) recently raised its rates.

In light of potential inflationary repercussions of this decision on the CHF compared to the Euro (EUR), the SNB emphasised its willingness to intervene in the foreign exchange market if deemed necessary.

"Today’s statement from the SNB makes it very clear why it surprised the market by keeping rates on hold this morning... the SNB included in the first paragraph of today’s statement the warning that it is 'willing to be active in the foreign exchange market as necessary. In the current environment, the focus is on selling foreign currency'" says Jane Foley, Senior FX Strategist at Rabobank.

Even so, there was an immediate reaction with the EUR/CHF pair spiking.

But the overarching sentiment from Rabobank is cautious.

banner"Going forward, however, we expect the worsened growth outlook in the Eurozone will allow EUR/CHF to dip back below the 0.95 level in Q4 on safe haven flows" the strategist adds.

Switzerland's inflation is modest, especially when compared with other G10 nations. Recent data reveals a headline Consumer Price Index (CPI) inflation of a mere 1.6%.

The SNB's projections anticipate inflation rates that many nations might envy.

"Inflation in Switzerland is far more contained than in its G10 peers... The SNB’s new inflation forecast... is an enviable 2.2% in 2023 and 2024 and 1.9% for 2025" says Foley.

Switzerland's history of battling deflation and disinflation plays a role in shaping its current economic landscape.

The CHF's overvaluation according to certain models suggests that it's aiding in mitigating inflation.

"The fact that the SNB appears to have had more success than most of its G10 peers in winning the battle against inflation must be set against Switzerland’s previous decades’ long battles vs. deflation and disinflation" Foley points out.

With SNB's intervention policies under scrutiny and the potential challenges tied to world growth slowing, the CHF's position becomes intriguing.

Given the risks observed in the Eurozone and credit conditions tightening, there's a likelihood of a growth slowdown, consequently elevating the prospects of financial mishaps.

"In view of Switzerland’s strong fundamentals, the CHF can be the subject of safe haven inflows particularly when risks rise in the Eurozone... However, as ECB rate hikes work through the system, the odds of bad news is set to rise. We see risk that the EUR/CHF will dip below 0.95 in Q4 on the back of safe haven flow" the analyst elucidates.

Nonetheless, the outlook also indicates that the CHF may encounter challenges when matched against the USD, underscoring the intricate nature of the currency landscape.



Dave Taylor

gibbs1
21/9/2023
10:47
1 EUR = 0.9657 CHF


The live Euro to Swiss Franc exchange rate (EUR CHF) as of 21 Sep 2023 at 10:47 AM.

florenceorbis
21/9/2023
10:07
1 EUR = 0.9666 CHF


The live Euro to Swiss Franc exchange rate (EUR CHF) as of 21 Sep 2023 at 10:06 AM.

adrian j boris
21/9/2023
10:05
The Swiss National Bank (SNB) held its policy interest rate unchanged at 1.75% on Thursday, against analyst expectations for a quarter point increase.


This content was published on September 21, 2023 - 10:35



However, future increases cannot be ruled out if necessary, the SNB said.

In Switzerland, five consecutive interest rate hikes totalling 250 basis points have helped drive inflation down from last year's peak of 3.5% and keep it within the central bank's 0%-2% target for the past three months.


In recent months, inflation has continued to slow in Switzerland. In August, it stood at 1.6%. The decline is mainly due to a decline in the price of imported goods and services.

The SNB says it remains ready to be active on the foreign exchange market to ensure appropriate monetary conditions. In the current context, this mainly concerns the sale of currencies.


swissinfo.ch.

adrian j boris
21/9/2023
07:29
1 EUR = 0.9577 CHF


The live Euro to Swiss Franc exchange rate (EUR CHF) as of 21 Sep 2023 at 7:28 AM.

ariane
20/9/2023
09:44
I bought back in today.
rcturner2
20/9/2023
09:12
Well run company, diversified both globally and by industry, pays dividend, 60p looks like a solid support level, if it ever falls back there again I’ll be tempted with adding more, good luck all.
diesel
20/9/2023
07:29
1 EUR = 0.9593 CHF


The live Euro to Swiss Franc exchange rate (EUR CHF) as of 20 Sep 2023 at 7:28 AM.

ariane
19/9/2023
12:04
And shows as a sale, lol
shepc
19/9/2023
12:04
I agree, I've topped up too, just need to be patient I suspect
shepc
19/9/2023
06:39
1 EUR = 0.9582 CHF


The live Euro to Swiss Franc exchange rate (EUR CHF) as of 19 Sep 2023 at 6:38 AM.

ariane
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