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Share Price Information for BP (BP.)

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Share Price: 482.55
Bid: 475.00
Ask: 494.00
Change: 0.00 (0.00%)
Spread: 19.00 (4.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 482.55
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FTSE 100 movers: Mining megalodons rise with metals prices as Brexit brakes housebuilders

Mon, 06th Jun 2016 15:32

(ShareCast News) - Mining megalodons dominated the blue-chip winners' ladder as they advanced in correlation with firming precious and industrial metals prices, supported by Coca-Cola HBC's fizz higher.Anglo American led the pack by a good distance as it stacked on a hearty 11.25%.It was followed in quick succession by Rio Tinto, Antofagasta, BHP Billiton and Glencore. All made gains of 6%-7%, while Fresnillo added almost 4%.At 1519 BST, spot gold was ahead 0.28% to $1246 an ounce, while spot copper improved 0.76% to $212.9 a pound. Other industrial metals prices also firmed.Spreadex financial analyst Connor Campbell observed that the FTSE 100 was barrelling ahead with some fairly chunky gains, despite a pall cast over proceedings by the looming Brexit vote on 23 June."The UK index had the commodity sector to thank for its rise," Campbell said, also noting gains in Shell and BP as crude continued northbound.Also at 15:19 BST, West Texas Intermediate crude was up 1.83% to $49.51 a barrel, while Brent firmed 1.55% to $50.41 a barrel.Bottling company Coca Cola HBC rose on stating it expected average annual revenue growth rate in the range of 4% to 5% on a currency-neutral basis in the medium term versus 2.9% in 2015.Meantime, airlines were in southbound focus behind easyJet, which slipped after it posted a 5.7% rise in May passenger numbers to 6.86m. However, its load factor for the month fell 0.1 percentage points to 91.5%. International Consolidated Airlines also lost ground.Housebuilders remained a major blue-chip drag as concerns that UK will leave the EU were again thrust into the spotlight following several polls.Barratt Developments, Taylor Wimpey, Wolseley and Persimmon were all lower 0.9%-1.5%.The latest Observer/Opinium poll of voting intentions, published on Sunday, revealed that 43% of Britons now backed the UK's exit from the EU, with support for remaining inside at 40%.In parallel, a YouGov poll on behalf of ITV showed 45% of Britons would choose to leave the EU, versus 41% backing a remain outcome.A third poll from TNS put support for 'Leave' at 43% against 41% for 'Remain'.Finally, Wolseley was also a loser as JPMorgan Cazenove downgraded the stock to 'neutral' from 'overweight' and cut the price target to 4100p from 4300p on valuation grounds.Market MoversFTSE 100 (UKX) 6,292.77 1.34%FTSE 100 - RisersAnglo American (AAL) 687.40p 11.25%Rio Tinto (RIO) 2,023.00p 6.75%Antofagasta (ANTO) 456.60p 6.61%BHP Billiton (BLT) 886.20p 6.31%Glencore (GLEN) 144.20p 6.30%Coca-Cola HBC AG (CDI) (CCH) 1,390.00p 4.35%Old Mutual (OML) 185.10p 3.87%Fresnillo (FRES) 1,165.00p 3.74%Johnson Matthey (JMAT) 3,036.00p 3.20%Mediclinic International (MDC) 917.00p 3.15%FTSE 100 - FallerseasyJet (EZJ) 1,498.00p -1.71%Barratt Developments (BDEV) 569.50p -1.47%Royal Bank of Scotland Group (RBS) 234.20p -1.26%Taylor Wimpey (TW.) 188.10p -1.26%International Consolidated Airlines Group SA (CDI) (IAG) 523.50p -1.23%Wolseley (WOS) 3,702.00p -1.17%Inmarsat (ISAT) 708.00p -0.98%Persimmon (PSN) 2,037.00p -0.97%Tesco (TSCO) 160.65p -0.83%Whitbread (WTB) 4,150.00p -0.77%
More News
10 Apr 2024 08:41

Johnson Matthey and BP win deal for US sustainable aviation fuel plant

(Alliance News) - Johnson Matthey PLC and BP PLC on Wednesday said their technology offering has been selected for use in a sustainable aviation fuel plant being built in the US state of Louisiana.

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10 Apr 2024 07:47

LONDON BRIEFING: Stocks called up ahead of US inflation data

(Alliance News) - Stocks in London are called to open higher, as investors shake off nerves ahead of a key US inflation reading.

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9 Apr 2024 17:26

Slide in defence stocks knocks down Europe's STOXX 600

BP gains on higher quarterly upstream energy output forecast

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9 Apr 2024 17:13

FTSE 100 ends down as defence stocks offset commodity gains

Easter food spending lifts UK retail sales in March

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9 Apr 2024 16:53

LONDON MARKET CLOSE: Stocks struggle in nervy trade before US data

(Alliance News) - European equities closed lower on Tuesday, with sentiment downbeat ahead of Wednesday's US inflation reading, though impetus could be found in gold, which hit another record high.

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9 Apr 2024 15:12

London close: Stocks slip ahead of ECB, US inflation print

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

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9 Apr 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 treads water despite boost from miners

(Alliance News) - Equities in London lacked impetus heading into Tuesday, as investors moved with caution ahead of a US inflation print on Wednesday and the European Central Bank's interest rate decision a day later.

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9 Apr 2024 10:21

PRESS: Shell could make London exit if value gap to US does not close

(Alliance News) - Shell PLC fired a warning shot to that it could be prepared to move its listing to the US in a fresh blow to London's financial centre.

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9 Apr 2024 08:53

TOP NEWS: BP predicts upstream production will rise in first quarter

(Alliance News) - BP PLC on Tuesday said it expects first quarter upstream production to be higher than the previous three month period but cautioned lower prices would hurt performance elsewhere.

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9 Apr 2024 08:44

LONDON MARKET OPEN: Stocks shaky ahead of US CPI data, ECB decision

(Alliance News) - Stock prices in London opened mostly lower on Tuesday, as investors look ahead to a key inflation reading from the US, as well as the latest interest rate decision from the European Central Bank.

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9 Apr 2024 07:51

BP expects rise in first-quarter upstream energy output

April 9 (Reuters) - BP said on Tuesday it expects first-quarter upstream production of both oil and gas as well as low-carbon energy to be higher than the previous three months.

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9 Apr 2024 07:39

LONDON BRIEFING: HSBC sells Argentinian arm for USD550 million

(Alliance News) - Stocks in London are called to open lower on Tuesday, as investors nervously look ahead to US inflation data and the European Central Bank's latest interest rate decision.

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9 Apr 2024 07:24

BP sees higher Q1 upstream production

(Sharecast News) - Oil giant BP said it expected first-quarter upstream production to be higher than the previous three months.

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5 Apr 2024 12:00

LONDON MARKET MIDDAY: Stocks drop on Israel-Iran tensions and Fed talk

(Alliance News) - Stock prices in London were firmly down at midday on Friday, as rising tensions between Israel and Iran alongside doubts around the timing of US interest rate cuts hurt investor sentiment.

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5 Apr 2024 08:47

LONDON MARKET OPEN: Europe slumps on US rate worry and rising tensions

(Alliance News) - Stocks in Europe had a downbeat start to the day on Friday, with investors unnerved by rising geopolitical tensions and hawkish remarks from US central bankers.

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