Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video 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: 475.20
Bid: 475.40
Ask: 475.55
Change: 2.40 (0.51%)
Spread: 0.15 (0.032%)
Open: 476.30
High: 479.50
Low: 474.30
Prev. Close: 472.80
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
19 Dec 2023 08:47

LONDON MARKET OPEN: Stocks rise as investors pin hopes on US rate cuts

(Alliance News) - Stock prices in London opened higher on Tuesday, with sentiment still buoyed by expectations of rate cuts in the US.

Read more
18 Dec 2023 18:18

Red Sea attacks force rerouting of vessels, disrupting supply chains

Houthis launched series of attacks, latest on Monday

*

Read more
18 Dec 2023 17:40

Europe Gasoline/Naphtha-Margins slip as Red Sea attacks push oil higher

LONDON, Dec 18 (Reuters) - Northwest European gasoline refining slipped by about $1 to $8.6 a barrel as underlying crude prices rose 3% on mounting attacks on ships in the Red Sea.

Trades   Bids     Offers   Prev.    Sellers  Buyers
(vol.) Trades
Ebob $727.50
Barges
MOC
Platts E5
(fob ARA)
<EUROBOB-
ARA>
Ebob $728
Barges
E10
Platts(fo
b ARA)
Ebob $735.50 Varo, Trafigu
Barges (4KT) Glencor ra
Argus e
E5(fob
AR)
Ebob $727 Shell, Varo,
Barges 11KT Exxon Totsa
E10 Argus
(fob AR)
Jan. swap $741.25 $725.25
fob ARA
Premium
Unleaded
(fob ARA)
<PU-10PP-
ARA>
Cargoes
(fob MED)
Cargoes
(cif NWE)
Naphtha Jan
(cif NWE) +$14
<NAF-C-NW
E>

Ebob crack (per barrel) $8.6 Prev. $9.7
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Ahmad Ghaddar; Editing by Mark Porter)

Read more
18 Dec 2023 16:55

LONDON MARKET CLOSE: FTSE 100 outperforms European peers

(Alliance News) - Stock prices in London closed higher on Monday, after investors shrugged off hawkish comments from US Federal Reserve officials amid festive cheer.

Read more
18 Dec 2023 12:52

Red Sea attacks force rerouting of vessels, disrupting supply chains

DUBAI, Dec 18 (Reuters) - Mounting attacks by the Iran-aligned Yemeni Houthi militant group on ships in the Red Sea are disrupting maritime trade as leading global freight firms reroute around the Cape of Good Hope to avoid the Suez canal.

Read more
18 Dec 2023 11:50

BP becomes latest to pause Red Sea shipments as attacks continue

(Sharecast News) - BP has announced that it is halting all oil shipments through the Red Sea, becoming the latest company to pause regional routes after a series of targeted attacks by Yemen's Houthi rebels.

Read more
14 Dec 2023 07:43

LONDON BRIEFING: Eyes on BoE and ECB; US Fed signals 2024 rate cuts

(Alliance News) - Stocks are called to open higher on Thursday, after the US Federal Reserve chose not to surprise markets with its latest interest rate decision.

Read more
13 Dec 2023 23:16

Newcomer Elysian, Petrobras notch big wins in Brazil oil auction

RIO DE JANEIRO, Dec 13 (Reuters) - Oil companies including Elysian along with veterans Petrobras and Chevron snapped up the most blocks up for grabs in Brazil's latest offshore oil auction marked by climate protests, as the South American nation looks to replenish reserves with new discoveries.

Read more
13 Dec 2023 19:00

BP Energy wins oil auction for Brazil's Tupinamba block

RIO DE JANEIRO, Dec 13 (Reuters) - BP Energy on Wednesday won the auction for oil and gas production rights of the offshore block of Tupinamba in Brazil's Santos Basin.

Read more
13 Dec 2023 17:04

TOP NEWS: Ex-BP boss Looney to forfeit GBP32 million after misconduct

(Alliance News) - BP PLC on Wednesday said former Chief Executive Bernard Looney has been dismissed without notice after concluding he had "knowingly misled the board".

Read more
13 Dec 2023 11:00

EV charger station firms battle for prime locations in Europe, US

LONDON/DETROIT, Dec 13 (Reuters) -

Read more
13 Dec 2023 09:15

LONDON BROKER RATINGS: Exane BNP cuts Shell; JPMorgan cuts WPP

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

Read more
13 Dec 2023 08:56

LONDON MARKET OPEN: Stocks in green as all eyes on US Fed

(Alliance News) - Stock prices in London opened higher on Wednesday, despite some disappointing data about the UK economy, as well as pre-central bank decision nerves.

Read more
13 Dec 2023 06:00

EV charger station firms battle for prime locations in Europe, US

LONDON/DETROIT, Dec 13 (Reuters) -

Read more
12 Dec 2023 22:37

Shell to boost production at Perdido's oil project in US Gulf of Mexico

Dec 12 (Reuters) - Shell PLC on Tuesday said it has made a final investment decision (FID) to boost production at the Perdido oil project in the U.S. Gulf of Mexico, starting in April 2025.

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.