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Share Price Information for BP (BP.)

London Stock Exchange
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Share Price: 502.30
Bid: 501.70
Ask: 501.80
Change: -2.70 (-0.53%)
Spread: 0.10 (0.02%)
Open: 507.60
High: 510.70
Low: 501.40
Prev. Close: 505.00
BP. Live PriceLast checked at -

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London afternoon: BoNY-M stalking Man

Thu, 07th Oct 2010 14:37

Better than expected US jobless figures have given the UK market a lift, with the Footsie now knocking on the door of 5700.Mining stocks are, by and large, still refusing the join the party. Copper miners Kazakhmys and Antofagasta lead the sector lower. Indian miner Vedanta is holding up though after saying it produced record amounts of zinc, lead and aluminium during the second quarter. In the three months to 30 September it grew refined zinc output by 25% to 176,000 tonnes to make it 341,000 tonnes for the half-year, an increase of almost 22%.Like for like sales growth at high street bellwether Marks & Spencer's UK stores were well ahead of market expectations in the third quarter. UK like for like (LFL) sales had been expected to be up year on year by anywhere between 1.3% and 4.6%; M&S delivered a 5.3% increase in the 13 weeks to 2 October.Hedge fund manager Man Group is wanted as rumours swirl that US firm Bank of New York Mellon has the company in its sights. Bid speculation had also been focused on SABMiller but French drinks outfit Groupe Castel has refuted newspaper reports that it is in talks to buy the brewer's African interests for around £6bn.Down among the FTSE 250 stocks, Rank is higher after strong trading across its divisions helped the casino and bingo hall operator to a 7% rise in like-for-like sales in the third quarter, leaving it confident for the full year despite challenging economic conditions.Car parts and bikes seller Halfords is lower after an update showed it is finding it an uphill struggle at the moment and slightly harder than analysts had imagined following recent warehouse disruption. Like for like sales fell 5.8% during the second quarter following a 4.5% drop at the retail business and 1.5% decline at Autocentres. Analysts were looking for 4-5%. Shares in Victrex have melted away despite the fast growing plastics group's trading update saying it expects group profits for 2010 to be in line with market expectations. Full year sales volume in the year to end-September stacked up to about 2,535 tonnes, slightly below the 2,550 tonnes broker KBC Peel Hunt had forecast. Latin America-focused precious metal miner Hochschild is shining after saying it has made a number of high-grade finds at its San Jose operation in southern Argentina which should "materially increase mine life".Recruitment firm Michael Page raised profit by 37% during the third quarter and had its best month of 2010 in September as the temp business began to grow again, but the shares are lower.So are the shares of peer Hays. The UK and Ireland are letting the side down at international recruitment firm, which otherwise saw strong growth in fees across all its geographic regions in the third quarter.Construction and engineering group Carillion says it has its strongest ever pipeline of contract opportunities as Britain's public sector looks to cut back on costs by outsourcing work.In its latest trading update, luxury handbag maker Mulberry said it has exceeded its expectations with improved margins from sales. The shares storm higher after the group said profits for the year to 31 March 2011 should be significantly above market expectations. Shares in Clarkson Hill have risen by 50% after it revealed it has received a bid approach. "There can be no certainty that an acceptable offer will ultimately be made", warns the AIM-quoted IFA network.First half profits surged at trendy fashion retailer Ted Baker as both UK and international sales roared ahead. Sales in the half year to June rose by 15% to £88.1m with profit before tax up 25% to £7.5m.Shares in Matra Petroleum tumbled after Australian banking group Macquarie reduced its holding in the company below 3%.
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(Sharecast News) - London's financial markets finished with a positive performance on Tuesday, driven by encouraging data from the UK construction sector and BP's share buyback expansion.

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(Alliance News) - Stock prices in London pushed higher on Tuesday, with the FTSE 100 registering its first rise in four trading days, with oil major BP the star performer.

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LONDON MARKET MIDDAY: BP tops FTSE 100 index on buyback promise

(Alliance News) - The FTSE 100 was higher at midday Tuesday, despite lingering unease in equity markets on US interest rate worries, while BP led the way among London's large-caps as it announced a buyback plan.

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6 Feb 2024 09:04

TOP NEWS: BP promises buybacks and hikes dividend despite profit fall

(Alliance News) - BP PLC on Tuesday reaffirmed it is sticking to its commitment to share buybacks despite reporting a profit decline amid a fall in oil prices.

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6 Feb 2024 08:53

LONDON MARKET OPEN: BP jumps after unveiling share buyback

(Alliance News) - The FTSE 100 in London opened higher on Tuesday, with oil major BP at the top of the index, thanks to its new share buyback programme.

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6 Feb 2024 07:47

LONDON BRIEFING: BP promises buyback despite drop in profit

(Alliance News) - Stocks in London are called to open higher, ahead of a slew of construction purchasing managers' index readings from the eurozone, the UK and Germany.

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6 Feb 2024 07:02

BP unveils $1.75bn buyback as 2023 profits halve on weaker oil price

(Sharecast News) - Shares in BP surged on Tuesday as the energy giant announced a $1.75bn share buyback despite a slump in annual profits as oil prices fell during 2023 from the spike caused by Russia's invasion of Ukraine.

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2 Feb 2024 17:12

LONDON MARKET CLOSE: Stocks mixed as US jobs data dashes rate cut hope

(Alliance News) - Stock prices in London closed mixed, after hotter-than-expected US jobs data hit already precarious investor sentiment and all but ensured the Federal Reserve will not be cutting interest rates next month.

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2 Feb 2024 13:14

BP appoints Kate Thomson as its permanent finance chief

(Sharecast News) - BP announced the appointment of Kate Thomson as its new, permanent chief financial officer on Friday, effective immediately.

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2 Feb 2024 12:27

TOP NEWS: BP promotes Kate Thomson as permanent finance chief

(Alliance News) - BP PLC on Friday named Kate Thomson as its permanent chief financial officer, after being in the interim role since September.

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2 Feb 2024 12:09

LONDON MARKET MIDDAY: Airlines up but oil falls on Middle East talks

(Alliance News) - Stock prices in London were higher at midday Friday, ahead of the afternoon's US jobs data, as earnings from tech behemoths overnight lifted investor morale.

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2 Feb 2024 08:54

LONDON MARKET OPEN: European stocks lifted on Wall Street's gains

(Alliance News) - Stock prices in London opened higher on Friday, closing of a busy week of monetary policy decisions.

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1 Feb 2024 17:03

LONDON MARKET CLOSE: Stocks down on hawkish BoE interest rates hold

(Alliance News) - Stock prices in London closed down on Thursday after the Bank of England left interest rates on hold in a split decision that was hawkish on expectations of rate cuts.

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1 Feb 2024 12:22

LONDON MARKET MIDDAY: BoE keeps bank rate on hold in split decision

(Alliance News) - London's FTSE 100 was on the up on Thursday afternoon after the Bank of England left interest rates on hold on Thursday, in a split decision.

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1 Feb 2024 10:06

New UK oil and gas exploration licences approved in the North Sea

(Alliance News) - The UK's oil and gas regulator has awarded 24 new exploration licences to 17 separate companies in a move that has been welcomed by a trade body but condemned by climate campaigners.

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