Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 470.55
Bid: 471.05
Ask: 471.10
Change: -3.35 (-0.71%)
Spread: 0.05 (0.011%)
Open: 474.55
High: 478.50
Low: 470.55
Prev. Close: 473.90
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: UK stocks rise as blue-chip earnings impress

Tue, 29th Jul 2014 12:08

- GKN, Next and Mondi impress, StanChart upgraded - St James's Place and BP fall- Gains capped by geopolitics, upcoming US data- Petra Diamonds sinks as shareholders sell staketechMARK 2,786.59 +0.38%FTSE 100 6,811.75 +0.35%FTSE 250 15,712.91 +0.62%UK stocks snapped a two-day losing streak on Tuesday, helped by strong gains from GKN, Next, Mondi and Standard Chartered.However, upside was limited as investors continued to focus on geopolitical developments and awaited a wave of US economic data later in the week."It's been another fairly slow start to the day in Europe and this is unlikely to change as we head into the US session, as a lack of economic data leaves traders without any form of catalyst for the next big move in the markets," said Market Analyst Craig Erlam from Alpari UK.The FTSE 100 was heading for its first gain in three days, up nearly 0.4% at 6,812 by midday.Consumer confidence, house-price data, economic growth figures and a host of labour-market indicators will be in focus Stateside over the coming days, culminating with the all-important US non-farm payrolls report on Friday. Meanwhile, Wednesday will see the latest policy decision from the Federal Reserve.Investors will also be keeping an eye on the ongoing Ukraine crisis today with EU leaders expected to approve fresh sanctions on Russia, including measures imposed on banks and energy companies.Continued fighting between Israel and Hamas was also weighing on risk appetite as markets watched the situation closely after blasts in Gaza City and Eshkol yesterday. Over 1,000 Palestinians have now been killed as a result of the violence.GKN, Next, Mondi and StanChart provide a liftGKN rose strongly after saying that a good performance by its automotive business fuelled 6% higher profits at the engineering group in the first half to £296m. However, a strong pound saw sales fall 1%.Analysts celebrated a confident outlook from high street giant Next which lifted its sales and profit guidance for the full year after a strong first half.Packaging and paper group Mondi also said its bottom line is expected to beat forecasts this year, lifting the stock higher.Emerging-markets bank Standard Chartered was in demand after JPMorgan Cazenove upgraded the stock from 'neutral' to 'overweight' after a "material underperformance" in the shares as of late.Leading the fallers on the FTSE 100 was wealth manager St James's Place despite a seemingly strong first half as it hiked its interim dividend by 40% and posted record funds under management. Analysts at Panmure Gordon highlighted that the company missed consensus estimated with its pre-tax IFRS operating profit.Oil major BP was lower even though it registered a 34% jump in second-quarter profits, as it said that further sanctions imposed on Russia "could have a material adverse impact" on its business and corporate relationships.On the FTSE 250, Petra Diamonds shares sunk following an upbeat trading statement yesterday. However, the miner said today that shareholder Awal Bank, now in administration, sold an 8% holding overnight at 190p per share, compared with last night's closing price of 218p.FTSE 100 - RisersGKN (GKN) 365.90p +6.65%Hammerson (HMSO) 613.50p +3.02%Next (NXT) 6,685.00p +2.53%Mondi (MNDI) 1,086.00p +2.45%Standard Chartered (STAN) 1,249.00p +2.17%Intu Properties (INTU) 326.50p +2.13%Travis Perkins (TPK) 1,652.00p +1.98%Kingfisher (KGF) 300.90p +1.72%Aggreko (AGK) 1,786.00p +1.65%Fresnillo (FRES) 954.50p +1.54%FTSE 100 - FallersSt James's Place (STJ) 767.50p -2.85%Aberdeen Asset Management (ADN) 428.10p -1.59%Petrofac Ltd. (PFC) 1,111.00p -1.33%BP (BP.) 491.35p -1.11%easyJet (EZJ) 1,330.00p -1.04%Royal Mail (RMG) 425.70p -1.00%ITV (ITV) 204.00p -0.87%Admiral Group (ADM) 1,469.00p -0.81%British Sky Broadcasting Group (BSY) 897.50p -0.77%BG Group (BG.) 1,204.50p -0.62%FTSE 250 - RisersElementis (ELM) 270.40p +5.05%Rightmove (RMV) 2,294.00p +3.89%Tullett Prebon (TLPR) 248.10p +3.81%Computacenter (CCC) 640.50p +3.31%NMC Health (NMC) 470.00p +3.30%PZ Cussons (PZC) 359.00p +3.19%Barr (A.G.) (BAG) 648.00p +3.10%BTG (BTG) 610.50p +2.69%Debenhams (DEB) 67.90p +2.57%Millennium & Copthorne Hotels (MLC) 586.50p +2.36%FTSE 250 - FallersPetra Diamonds Ltd.(DI) (PDL) 192.40p -11.17%Imagination Technologies Group (IMG) 187.30p -2.70%Renishaw (RSW) 1,840.00p -2.59%Jardine Lloyd Thompson Group (JLT) 1,030.00p -2.46%Exova Group (EXO) 235.00p -2.08%Informa (INF) 484.00p -1.35%Brit (BRIT) 245.00p -1.21%AO World (AO.) 197.80p -1.10%Ocado Group (OCDO) 347.10p -1.05%Euromoney Institutional Investor (ERM) 1,059.00p -1.03%BC
More News
8 Jan 2024 19:48

Shell signs 20-year purchase deal with Canadian Ksi Lisims LNG project

Jan 8 (Reuters) - Global gas giant Shell has agreed to buy two million metric tons of liquefied natural gas (LNG) per year from Ksi Lisims LNG, partners in the proposed Canadian project said on Monday.

Read more
8 Jan 2024 16:59

LONDON MARKET CLOSE: Stocks mixed as eyes on US inflation data

(Alliance News) - Stock prices in London closed mixed Monday, with oil majors holding down higher gains in the FTSE 100 index.

Read more
8 Jan 2024 16:38

London close: Stocks manage positive finish after mixed session

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

Read more
8 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms in muted start to week

(Alliance News) - Stock prices in London traded lower at the start of the week, with oil firms weighing on then FTSE 100, as investors look ahead to the week's key inflation prints.

Read more
8 Jan 2024 08:40

LONDON MARKET OPEN: Commodity-heavy FTSE 100 heads lower; Shell slips

(Alliance News) - The FTSE 100 kicked off the week on a downbeat note at Monday's market open, amid share price falls for commodity stocks.

Read more
6 Jan 2024 12:29

BP investors want oil firm to approach BAE chief as CEO- Sky News

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach BAE Systems Chief Executive Charles Woodburn about becoming the British oil giant's next boss, Sky News reported on Saturday, citing unidentified sources.

Read more
6 Jan 2024 11:38

BP investors want oil behemoth to target BAE chief as CEO- Sky News

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach Charles Woodburn, the BAE Systems chief executive, about becoming the company's next boss, Sky news reported on Saturday. (Reporting by Devika Nair in Bengaluru; Editing by Jan Harvey)

Read more
4 Jan 2024 16:54

LONDON MARKET CLOSE: Stocks up ahead of US nonfarm payrolls

(Alliance News) - Stock prices in London closed higher on Thursday, as investors eye the latest US non-farms data.

Read more
4 Jan 2024 13:07

London close: Stocks rise as US jobless claims slow

(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.

Read more
4 Jan 2024 12:09

LONDON MARKET MIDDAY: Retailers Next and JD Sports bookend FTSE 100

(Alliance News) - Stock prices in London were slightly higher at midday on Thursday, with the FTSE 100 looking set to snap the two-day losing streak it suffered at the start of the year.

Read more
4 Jan 2024 09:31

LONDON BROKER RATINGS: Jefferies cuts Tullow; Berenberg likes Volex

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
4 Jan 2024 08:58

LONDON MARKET OPEN: Next leads buoyant FTSE 100 amid services PMIs

(Alliance News) - Stock prices in London opened up on Thursday, amid a slew of services PMI data, including for the UK, while reacting to the latest data from China.

Read more
3 Jan 2024 18:37

Equinor, BP cancel contract to sell offshore wind power to New York

Jan 3 (Reuters) - European energy firms Equinor and BP terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.

Read more
3 Jan 2024 17:02

Equinor and BP cancel contract to sell offshore wind power to New York

Jan 3 (Reuters) - Equinor and BP terminated on Wednesday their agreement to sell power to New York state from their 1,260-megawatt Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.

Read more
3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.