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: 465.00
Ask: 480.00
Change: 0.00 (0.00%)
Spread: 15.00 (3.226%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 470.55
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 open: FTSE 100 flat at seven-week low ahead of busy day

Thu, 05th Dec 2013 08:23

- FTSE 100 at lowest level since October 14th- Central bank meetings, Autumn Statement in focus- Investors cautious ahead of jobs report tomorrowtechMARK 2,644.71 +0.02%FTSE 100 6,509.08 -0.01%FTSE 250 15,152.45 +0.16%UK stocks opened broadly flat on Thursday morning with the FTSE 100 trading at a seven-week low as investors adopt a cautious approach ahead of a busy day for financial markets.London's benchmark index closed Wednesday's session at 6,509.97, its worst finish since October 14th, as uncertainty surrounding the impending tapering of stimulus in the States continued to erode risk appetite.Upbeat readings of US private payrolls and new home sales sparked the fourth straight fall for the Dow Jones Industrial Average and S&P 500 last night, given that an improved economy only backs the argument for the Federal Reserve to scale back the rate of its asset purchases sooner than initially expected.The official jobs report - likely to be a key factor in the Fed's policy decision at its meeting on December 17-18th - is due out on Friday afternoon and is expected to reveal a 183,000 increase in non-farm payrolls for November, below the 204,000 gain in October. According to analysts at Capital Economics, the creation of more than 200,000 jobs in November "might just be enough to persuade the Fed to begin its QE taper later this month".As for today, investors will be keeping a close watch on the Bank of England and European Central Bank today as they unveil their latest decisions on monetary policy. Nevertheless, analysts expect both announcements to be non-events given that no change in policy is expected from either.Chancellor George Osborne's Autumn Statement is also due out during the session and is rumoured to include a sooner-than-expected increase in the state pension age, amongst other things. "In terms of market reaction to the Autumn Statement, there probably won't be much of one, unless Osborne announces something significant that the markets are not expecting. We may see some volatility in sterling, for example, during the statement but I don't envisage any significant moves," said Market Analyst Craig Erlam from Alpari.Miners gain early onMining stocks were mostly up this morning, rebounding after some sharp falls earlier in the week. Precious metal peers Fresnillo, Randgold, Centamin and Hochschild Mining were all making gains despite a dip in gold and silver prices early on.Even Polymetal was in demand despite revealing that it would not pay a special dividend for 2013 due to its recent performance and negative commodity market conditions. Oil groups Tullow and BP edged higher with West Texas crude trading near its highest level in five weeks as inventories fell in the US. Meanwhile, OPEC also said that oil demand next year wouldn't weaken enough to warrant cuts in production.Soft drinks firm AG Barr rose after toasting a robust set of interim figures with revenues up 8%. The company said it is confident of meeting full-year expectations as it enters the key Christmas trading period . Budget airline easyJet fell despite saying that it carried more passengers in November, up 3.4% on the same month a year ago. The Luton-based carrier said 4,255,978 people flew with it in November, up from the 4,116,576 people it carried in the same month a year ago.Financial stocks were mixed this morning with Aberdeen Asset Management and Resolution in the red and Barclays and HSBC heading higher.FTSE 100 - RisersFresnillo (FRES) 757.00p +2.37%Vedanta Resources (VED) 862.00p +1.89%Shire Plc (SHP) 2,691.00p +1.39%Barclays (BARC) 266.05p +1.24%Randgold Resources Ltd. (RRS) 4,086.00p +1.14%Tullow Oil (TLW) 885.00p +1.03%Amec (AMEC) 1,107.00p +1.00%RSA Insurance Group (RSA) 102.60p +0.79%United Utilities Group (UU.) 653.50p +0.77%BAE Systems (BA.) 423.90p +0.76%FTSE 100 - FallersMorrison (Wm) Supermarkets (MRW) 256.70p -1.53%Tesco (TSCO) 335.10p -1.44%Old Mutual (OML) 186.80p -1.37%Babcock International Group (BAB) 1,271.00p -1.32%Sainsbury (J) (SBRY) 388.60p -1.12%William Hill (WMH) 382.50p -1.11%Capita (CPI) 972.00p -0.92%easyJet (EZJ) 1,394.00p -0.92%Next (NXT) 5,500.00p -0.81%Legal & General Group (LGEN) 207.10p -0.67%FTSE 250 - RisersAZ Electronic Materials SA (DI) (AZEM) 398.80p +51.69%Centamin (DI) (CEY) 41.24p +6.89%Smith (DS) (SMDS) 312.30p +4.45%Drax Group (DRX) 775.00p +4.31%Ultra Electronics Holdings (ULE) 1,833.00p +3.74%Alent (ALNT) 346.30p +3.37%Hochschild Mining (HOC) 126.00p +2.19%Synthomer (SYNT) 227.00p +2.11%Dunelm Group (DNLM) 885.50p +2.02%African Barrick Gold (ABG) 156.10p +1.56%FTSE 250 - FallersPhoenix Group Holdings (DI) (PHNX) 678.00p -3.69%Rightmove (RMV) 2,445.00p -2.67%Henderson Group (HGG) 200.70p -2.48%IP Group (IPO) 173.30p -2.09%Computacenter (CCC) 650.00p -1.44%Redrow (RDW) 269.80p -1.28%NMC Health (NMC) 400.00p -1.23%Carpetright (CPR) 530.50p -1.21%BH Macro Ltd. USD Shares (BHMU) 19.81 -1.20%Diploma (DPLM) 684.00p -1.16%BC
More News
27 Nov 2023 08:49

LONDON MARKET OPEN: Rightmove shines despite UK housing market strife

(Alliance News) - Stock prices in London opened mixed on Monday, while the pound continued its ascent, as the expectation that US interest rates have peaked continues to put pressure on the dollar.

Read more
24 Nov 2023 16:56

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher.

Read more
23 Nov 2023 16:09

London close: Stocks make small gains on quiet Thursday

(Sharecast News) - London's stock markets saw a positive turnaround by the end of the day on Thursday despite subdued trading activity due to the Thanksgiving holiday in the United States.

Read more
23 Nov 2023 11:49

LONDON MIDDAY: FTSE 100 edges lower despite boost from oil stocks

(Alliance News) - The FTSE 100 in London was down at midday on Thursday, despite getting a boost from oil stocks.

Read more
22 Nov 2023 18:56

Sector movers: Oil stocks skid after OPEC+ surprise

(Sharecast News) - Weakness in the oil patch after OPEC+ delayed its next ministerial meeting amid a squabble over production quotas weighed on the FTSE 350.

Read more
20 Nov 2023 16:53

LONDON MARKET CLOSE: FTSE 100 drifts lower as eyes turn to Fed

(Alliance News) - European equities closed mixed in muted trade at the start of the week, with focus turning to Tuesday's Federal Reserve meeting minutes, as investors mull the outlook for US interest rates.

Read more
17 Nov 2023 12:00

LONDON MARKET MIDDAY: Stocks shrug off downbeat UK retail sales

(Alliance News) - Stock prices in London were up at midday on Friday, as a week of favourable data as far as inflation goes gave investors a reason to overlook disappointing UK retail sales figures.

Read more
17 Nov 2023 09:03

LONDON MARKET OPEN: Stocks up despite UK retail sales growth miss

(Alliance News) - Stock prices in London opened higher on Friday, despite weaker-than-expected October retail sales figures for the UK.

Read more
16 Nov 2023 16:59

LONDON MARKET CLOSE: Stocks give way after rate optimism-fuelled rally

(Alliance News) - European equities closed lower as a post-US inflation slowdown rally seen on Tuesday and Wednesday gave way to a more muted session on Thursday.

Read more
16 Nov 2023 12:06

LONDON MARKET MIDDAY: Stocks down as post-inflation data rally fades

(Alliance News) - Stock prices in London were down at midday on Thursday, with mixed corporate updates tempering enthusiasm in the wake of two favourable inflation readings earlier in the week.

Read more
16 Nov 2023 08:57

LONDON MARKET OPEN: FTSE 100 flat; Burberry tumbles on weak outlook

(Alliance News) - Stock prices in London opened in a muted fashion on Thursday, as the week's optimism waned somewhat, but did not give way to pessimism.

Read more
10 Nov 2023 16:53

LONDON MARKET CLOSE: Europe and New York diverge after hawkish Powell

(Alliance News) - Stocks in Europe suffered on Friday, as US interest rate worries cast a dark cloud over equity markets, though counterparts in New York had a more resilient start to the day.

Read more
10 Nov 2023 15:45

London close: Stocks tumble on Powell comments as GDP stagnates

(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.

Read more
9 Nov 2023 08:57

LONDON MARKET OPEN: FTSE 100 kicks off day with cautious gain

(Alliance News) - London's FTSE 100 struggled for direction early Thursday, with a mixed slate of corporate updates, US interest rate worries and underwhelming China data preventing it from making more confident progress in early trade.

Read more
7 Nov 2023 16:58

LONDON MARKET CLOSE: FTSE 100 held back by miners and oil firms

(Alliance News) - The FTSE 100 in London closed slightly lower on Tuesday, as miners and oil firms continued to drag down the index throughout the day.

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.