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Pin to quick picksBowleven Share News (BLVN)

Share Price Information for Bowleven (BLVN)

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Share Price: 0.20
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Change: 0.00 (0.00%)
Spread: 0.10 (66.667%)
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London midday: Stocks rise but gains pared after UK GDP data

Tue, 23rd Dec 2014 11:56

UK stocks rose again on Tuesday as the pre-Christmas rally continued, though gains were trimmed by lunchtime after some disappointing data.On a day lacking of corporate news, investors were also showing caution ahead of a flurry of economic indicators Stateside. Stock futures on Wall Street were only slightly higher after the S&P 500 registered its 50th record close of the year on Monday.London's FTSE 100 index was up 0.4% at 6,600 by midday, having pulled back slightly after reaching an intraday high of 6,620.47 early on. Nevertheless, the index was still trading at a two-week high after finishing Monday's session at its best level since 8 December.Gains were pared slightly after the Office for National Statistics (ONS) surprisingly revised down its UK gross domestic product (GDP) growth estimates for the last five quarters.While UK economic growth of 0.7% in the third quarter (Q3) was confirmed and unrevised from the initial estimate published last month, ONS said GDP in volume terms between Q3 2013 and Q3 2014 increased by 2.6%, compared with the initial estimate of 3%."The latest set of national accounts leave the UK's economic recovery looking more fragile than it seemed before," said economist Sam Tombs from Capital Economics.US GDP is also out but is expected to be revised to show 4.3% annualised growth in the third quarter, up from the previous estimate of 3.9%. US durable goods, consumer confidence, new home sales and personal spending figures are also on tap for Tuesday afternoon.Thorntons plummets after profit warningAnnual profits will be lower than expected at Thorntons as the confectioner warned of a "significant reduction" in orders from major supermarkets and a problem with its warehouse distribution. The stock dropped by over a fifth after the retailer said earnings for the full year were to be "below those achieved for the last financial year".Cameroon-focused oil explorer Bowleven jumped after being allowed extra time for the completion of the farm-out agreement over its Etinde project as it continued to sweat over presidential approval.Other oil and gas-related stocks were largely higher after Brent crude rose 1.3% to $60.86 a barrel, with Weir Group, Tullow, Premier Oil and Petrofac making decent gains.Market MoverstechMARK 2,964.73 +0.18%FTSE 100 6,600.46 +0.36%FTSE 250 16,034.86 +0.27%FTSE 100 - RisersWeir Group (WEIR) 1,929.00p +2.93%Tesco (TSCO) 185.75p +2.62%TUI AG Reg Shs (Post- 16/12/14)(DI) (TUIJ) 1,064.00p +2.50%Morrison (Wm) Supermarkets (MRW) 180.20p +2.39%Smiths Group (SMIN) 1,102.00p +1.85%ARM Holdings (ARM) 993.00p +1.79%Sports Direct International (SPD) 708.00p +1.72%Tullow Oil (TLW) 413.50p +1.60%CRH (CRH) 1,534.00p +1.46%Centrica (CNA) 281.30p +1.44%FTSE 100 - FallersReckitt Benckiser Group (RB.) 5,210.00p -1.88%Persimmon (PSN) 1,564.00p -1.82%Taylor Wimpey (TW.) 134.10p -1.76%Barratt Developments (BDEV) 458.40p -1.61%BG Group (BG.) 878.70p -0.84%Smith & Nephew (SN.) 1,101.00p -0.63%British Land Co (BLND) 775.00p -0.51%Intu Properties (INTU) 336.80p -0.47%Pearson (PSON) 1,176.00p -0.42%Ashtead Group (AHT) 1,171.00p -0.34%FTSE 250 - RisersSupergroup (SGP) 902.00p +3.74%Serco Group (SRP) 162.30p +3.64%Premier Oil (PMO) 171.80p +3.49%Petrofac Ltd. (PFC) 728.50p +3.41%Zoopla Property Group (WI) (ZPLA) 206.00p +2.90%Vesuvius (VSVS) 437.70p +2.60%Amec Foster Wheeler (AMFW) 894.50p +2.58%Enterprise Inns (ETI) 112.60p +2.36%Brown (N.) Group (BWNG) 365.00p +2.33%SSP Group (SSPG) 286.60p +2.28%FTSE 250 - FallersInfinis Energy (INFI) 214.10p -3.25%RPS Group (RPS) 202.40p -3.25%Greggs (GRG) 715.00p -3.05%Jimmy Choo (CHOO) 170.00p -2.86%Bovis Homes Group (BVS) 867.00p -1.87%Domino's Pizza Group (DOM) 688.00p -1.57%AO World (AO.) 274.90p -1.54%Riverstone Energy Limited (RSE) 861.50p -1.54%Hikma Pharmaceuticals (HIK) 2,031.00p -1.46%RPC Group (RPC) 509.50p -1.45%
More News
30 Jan 2015 09:39

Bowleven One Step Away From Completing Etinde Farm-Out Deal

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21 Jan 2015 09:48

BowLeven To Drill First Well On Bomono Permit, Cameroon In February

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9 Jan 2015 16:38

BowLeven Secures Presidential Signature For Etinde Farm Out Deal

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23 Dec 2014 16:51

London close: Santa Rally continues as UK stocks rise for sixth straight day

UK stocks rose again on Tuesday as the Santa Rally continued into its sixth straight day, with markets boosted by some upbeat economic data from the States. Third-quarter US annualised gross domestic product (GDP) growth was revised to 5% from an initial estimate of 3.9%, representing the strongest

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23 Dec 2014 07:42

Bowleven sweats on Cameroon presidential signature

Cameroon-focused oil explorer Bowleven has allowed extra time for the completion of the farm-out agreement over its Etinde project as it continued to sweat over presidential approval. Having in October said the only remaining formality to the completion of the transaction was the gazetting of the si

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24 Nov 2014 06:33

Monday newspaper round-up: Aviva, Iran, AIM

An estimated 2,000 insurance jobs are likely to be axed as Aviva tries to placate scepticism about its bid for Friends Life. While some analysts hailed the £5.6bn deal announced on Friday evening as giving Aviva scope to push up its dividend, others were unimpressed, with one questioning whether it

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21 Nov 2014 11:06

Westhouse highlights attractive oil stocks that can weather crude-price falls

Westhouse Securities has called for investors in the oil and gas sector to be a "bit more patient" with oil prices currently rumbling along at multi-year lows, as it highlighted buying opportunities in the sector. Brent crude has now fallen over 25% to $79 a barrel since hitting a high of $115 a bar

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13 Nov 2014 10:21

Thursday broker round-up.-Update

AstraZeneca: JP Morgan raises target price from 3700p to 4100p, keeping its underweight rating. AVEVA Group: Barclays upgrades to overweight. Bellway: Credit Suisse raises target price from 1876p to 1905p and keeps a neutral rating. Bow Leven: Barclays shifts target price from 45p to 50p and retai

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13 Nov 2014 09:44

UK BROKER RATINGS: Berenberg Raises Wolseley To Buy From Hold

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13 Nov 2014 06:14

UK Earnings, Trading Statements Calendar - Week Ahead

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12 Nov 2014 16:04

UK Earnings, Trading Statements Calendar - Week Ahead

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12 Nov 2014 11:52

BowLeven Annual Loss Widens As It Focuses On Finalising Farm Outs

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12 Nov 2014 06:22

UK Earnings, Trading Statements Calendar - Week Ahead

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11 Nov 2014 16:20

UK Earnings, Trading Statements Calendar - Week Ahead

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