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Share Price Information for BP (BP.)

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Share Price: 506.50
Bid: 506.40
Ask: 506.60
Change: 2.40 (0.48%)
Spread: 0.20 (0.039%)
Open: 506.10
High: 511.70
Low: 505.30
Prev. Close: 504.10
BP. Live PriceLast checked at -

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London midday: Banks and oil stocks drag Footsie lower after long weekend

Tue, 26th May 2015 11:33

Greek uncertainty, interest rate speculation stateside and tonnes of US economic data ahead led to a nervous start in London following the long weekend.The FTSE 100, which settled at a two-week closing high of 7,031.72 on Friday, was down 0.23% at 7,015.37 by Tuesday midday.Concerns that Greece will struggle to make its €1.6bn debt repayment to the International Monetary Fund next month were weighing on market sentiment as prime minister Alexis Tsipras called an emergencycabinet meeting to discuss reforms.Greek stocks dropped over 3% on Monday after interior minister Nikos Voutsis said at the weekend that Athens will not be able to meet its IMF deadline unless its works out a deal with creditors.Meanwhile, futures on Wall Street - which was also closed on Monday - were pointing to a lower open with risk appetite weighed down by surprisingly hawkish comments from Federal Reserve chair Janet Yellen on Friday, who talked down economic weakness in the first quarter as being only temporary."She claimed once again that a rate hike is likely this year which in the absence of strong earnings is harmful for stocks and supports the dollar," Oanda analyst Craig Erlam said. "There is plenty of US data being released today that will either support or discredit Yellen's claims," he said.After a quiet morning in terms of economic data, the macro calendar is expected to ramp up later on in the States with the release of durable goods orders, house prices, service-sector activity, new home sales, consumer confidence and regional manufacturing surveys.Banks and oil stocks fall, housebuilders gainBanking stocks were mostly lower, including Barclays, RBS, Standard Chartered and Lloyds.Oil group Soco International dropped after analysts at JPMorgan Cazenove downgraded the stock to 'underweight', saying it sees a "bumpy path for E&Ps".Others in the sector were also trading lower as Brent crude declined 0.7% to $65.07 a barrel, including Shell, Tullow Oil and BP.Taylor Wimpey, Barratt Developments and Bovis Homes were all higher after Deutsche Bank named them as its top picks in the UK housebuilding sector, highlighting attractive dividend yields across the industry.Royal Mail was in demand after Cantor Fitzgerald upgraded the postal delivery business from 'sell' to 'hold' and hiked its target price from 440p to 500p.Software group Micro Focus gained after reiterating its guidance to treble annual revenues on the back of a strong finish to its financial year, helped by the first contribution from its merger with The Attachment Group.Cineworld also impressed with like-for-like revenue growth of 10.7% in its first quarter, with a stream of blockbuster films expected to deliver a strong box office year ahead.Irish airline Ryanair surged after posting a 66% rise in full-year profit after tax as passenger numbers grew more than three times the company's targeted level. Market MoverstechMARK 3,303.73 +0.03%FTSE 100 7,015.37 -0.23%FTSE 250 18,172.01 -0.11%FTSE 100 - RisersRoyal Mail (RMG) 517.50p +2.78%Weir Group (WEIR) 1,984.00p +2.43%Taylor Wimpey (TW.) 188.00p +1.95%Barratt Developments (BDEV) 605.50p +1.68%BT Group (BT.A) 458.05p +1.55%Aggreko (AGK) 1,610.00p +0.94%Persimmon (PSN) 1,954.00p +0.93%Carnival (CCL) 3,171.00p +0.92%ITV (ITV) 269.70p +0.82%Rio Tinto (RIO) 2,926.00p +0.81%FTSE 100 - FallersIntertek Group (ITRK) 2,577.00p -1.90%Centrica (CNA) 275.70p -1.71%Morrison (Wm) Supermarkets (MRW) 178.20p -1.38%Hikma Pharmaceuticals (HIK) 2,113.00p -1.35%Royal Dutch Shell 'B' (RDSB) 1,974.00p -1.32%Randgold Resources Ltd. (RRS) 4,716.00p -1.32%Sainsbury (J) (SBRY) 258.00p -1.26%SABMiller (SAB) 3,590.00p -1.20%Royal Dutch Shell 'A' (RDSA) 1,948.50p -1.12%Fresnillo (FRES) 754.50p -1.11%FTSE 250 - RisersCountrywide (CWD) 599.00p +3.99%Ted Baker (TED) 2,909.00p +2.76%Fidelity China Special Situations (FCSS) 177.90p +2.54%Inchcape (INCH) 875.50p +1.98%Bank of Georgia Holdings (BGEO) 1,976.00p +1.91%Cineworld Group (CINE) 510.50p +1.90%Just Eat (JE.) 462.60p +1.45%Berkeley Group Holdings (The) (BKG) 3,075.00p +1.35%Crest Nicholson Holdings (CRST) 542.00p +1.31%Atkins (WS) (ATK) 1,460.00p +1.25%FTSE 250 - FallersTullow Oil (TLW) 397.60p -4.17%Brown (N.) Group (BWNG) 329.40p -3.12%Premier Oil (PMO) 160.10p -2.85%RPS Group (RPS) 224.40p -2.60%Vedanta Resources (VED) 618.00p -2.29%Synergy Health (SYR) 2,216.00p -2.29%Investec (INVP) 633.50p -2.09%Ophir Energy (OPHR) 131.10p -2.09%JD Sports Fashion (JD.) 622.00p -1.97%Lonmin (LMI) 136.40p -1.94%
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9 May 2024 15:51

UK dividends calendar - next 7 days

Friday 10 May 
AIB Group PLCdividend payment date
Alpha Group International PLCdividend payment date
Antofagasta PLCdividend payment date
Hammerson PLCdividend payment date
Hunting PLCdividend payment date
International Personal Finance PLCdividend payment date
Invesco Select Trust Global Equity Income PLCdividend payment date
Invesco Select Trust UK Equity PLCdividend payment date
Johnson Service Group PLCdividend payment date
Kerry Group PLCdividend payment date
Moneysupermarket.com Group PLCdividend payment date
Schroder Asian Total Return Inv Co PLCdividend payment date
Schroder European Real Estate Investments Trust PLCdividend payment date
Schroder Oriental Income Fund Ltddividend payment date
Serco Group PLCdividend payment date
Smurfit Kappa Group PLCdividend payment date
Somero Enterprises Incspecial dividend payment date
Taylor Wimpey PLCdividend payment date
Tufton Oceanic Assets Ltddividend payment date
VPC Specialty Lending Investments PLCdividend payment date
Monday 13 May 
Games Workshop Group PLCdividend payment date
Life Science REIT PLCdividend payment date
Seed Innovations Ltdspecial dividend payment date
Smiths Group PLCdividend payment date
VinaCapital Vietnam Opportunity Fund Ltddividend payment date
Tuesday 14 May 
BlackRock World Mining Trust PLCdividend payment date
Fidelity European Trust PLCdividend payment date
InterContinental Hotels Group PLCdividend payment date
Mondi PLCdividend payment date
OSB Group PLCdividend payment date
Rathbones Group PLCdividend payment date
Uniphar PLCdividend payment date
Wednesday 15 May 
Capital Ltddividend payment date
Grit Real Estate Income Group Ltddividend payment date
Jardine Matheson Holdings Ltddividend payment date
Just Group PLCdividend payment date
Rentokil Initial PLCdividend payment date
Thursday 16 May 
abrdn Property Income Trust Ltdex-dividend payment date
Alternative Income REIT PLCex-dividend payment date
Aquila European Renewables PLCex-dividend payment date
Balfour Beatty PLCex-dividend payment date
BlackRock Latin American Investment Trust PLCdividend payment date
BP PLCex-dividend payment date
Bunzl PLCex-dividend payment date
Churchill China PLCex-dividend payment date
EJF Investments Ltdex-dividend payment date
Essentra PLCex-dividend payment date
Fevertree Drinks PLCex-dividend payment date
FRP Advisory Group PLCex-dividend payment date
Greencoat UK Wind PLCex-dividend payment date
GSK PLCex-dividend payment date
Haleon PLCdividend payment date
Henderson Opportunities Trust PLCex-dividend payment date
Income & Growth VCT PLCex-dividend payment date
Irish Continental Group PLCex-dividend payment date
James Halstead PLCex-dividend payment date
Jarvis Securities PLCex-dividend payment date
Kingfisher PLCex-dividend payment date
M Winkworth PLCdividend payment date
Majedie Investments PLCex-dividend payment date
Manx Financial Group PLCex-dividend payment date
Mercantile Investment Trust PLCdividend payment date
Morgan Sindall Group PLCdividend payment date
Murray Income Trust PLCex-dividend payment date
Ocean Wilsons Holdings Ltdex-dividend payment date
Octopus Renewables Infrastructure Trust PLCex-dividend payment date
PageGroup PLCex-dividend payment date
Pershing Square Holdings Ltdex-dividend payment date
Princess Private Equity Holding Ltdex-dividend payment date
Property Franchise Group PLCex-dividend payment date
Prudential PLCdividend payment date
RHI Magnesita NVex-dividend payment date
Shell PLCex-dividend payment date
Spectris PLCex-dividend payment date
Supermarket Income REIT PLCdividend payment date
Target Healthcare REIT PLCex-dividend payment date
TClarke PLCex-dividend payment date
Tesco PLCex-dividend payment date
TwentyFour Select Monthly Income Fund Ltdex-dividend payment date
Unilever PLCex-dividend payment date
Vaalco Energy Incex-dividend payment date
Vector Capital PLCex-dividend payment date
Witan Investment Trust PLCex-dividend payment date
  
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9 May 2024 13:53

IN BRIEF: IP Group joins USD111 million financing round for Hysata

IP Group PLC - invests in companies pursuing breakthrough science - Portfolio company Hysata Pty Ltd completes USD111.3 million series B funding round. Hysata is developing electrolysers to produce green hydrogen efficiently. It will use the fresh cash to advance product development and expand production capacity at its manufacturing facility in Wollongong, New South Wales, Australia, as it focuses on "reaching gigawatt scale manufacturing". The funding round, which Hysata calls "the largest series B in Australian clean tech history", is led by bp Ventures, part of oil major BP PLC, and private equity firm Templewater Ltd, a spin-off from Investec PLC.

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9 May 2024 10:26

Balfour Beatty says trades in line amid "progress" on pacts

(Alliance News) - Balfour Beatty PLC on Thursday said it has traded in line with expectations so far in 2024, as it makes progress on major deals.

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9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

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

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8 May 2024 13:19

Middle East Crude-Benchmarks fall, snapping two-day streak

SINGAPORE, May 8 (Reuters) - Middle East crude benchmarks Dubai, Oman and Murban fell on Wednesday after rising for consecutive days after Saudi Aramco and ADNOC raised official selling prices (OSPs) for term supplies in June.

8 May 2024 13:06

BP softens tone on 2030 oil output cut to reassure investors

LONDON, May 8 (Reuters) - BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure investors over its energy transition strategy and narrow a gaping value gap with rivals.

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7 May 2024 17:30

UK's FTSE 100 notches record closing high in broad rally

FTSE 100 up 1.2%, FTSE 250 adds 1.2%

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7 May 2024 16:32

London close: Stocks jump on return from long weekend

(Sharecast News) - London markets closed on a high note on Tuesday, as the top-flight index surged to record highs, buoyed by positive momentum from the US and European markets.

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7 May 2024 16:08

BP profit slides by 40% as refinery outage offsets higher output

First-quarter underlying profit $2.7 bln vs forecast $2.87 bln

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7 May 2024 12:00

LONDON MARKET MIDDAY: Stocks buoyed by local data, strong US equities

(Alliance News) - Stock prices in London were up at midday on Tuesday, boosted by positive local economic data and tracking European equities that were buoyed by strong US stocks performance on Monday.

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7 May 2024 09:09

LONDON MARKET OPEN: Stocks track global equities rise while BP falls

(Alliance News) - Stock prices in London opened up on Tuesday, tracking European markets in reaction to New York stocks extending their rally on weaker US jobs data, while markets reopened in London after a bank holiday on Monday.

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7 May 2024 08:51

TOP NEWS: BP keeps up pace of share buybacks despite profit decline

(Alliance News) - BP PLC on Tuesday launched a fresh share buyback, despite a drop in first-quarter profit due to lower oil and gas prices and weaker fuels margins.

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7 May 2024 07:02

BP in $1.75bn buyback as Q1 profits fall on weaker prices, margins

(Sharecast News) - BP reported a worse-than-expected fall in first-quarter profit on the back of lower oil and gas prices, an outage at a US refinery and "significantly weaker" fuels margins as it also started a $1.75bn share buyback.

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6 May 2024 15:01

Shell to exit South Africa's downstream businesses

CAPE TOWN, May 6 (Reuters) - Oil major Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions, it said on Monday.

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3 May 2024 13:47

British regulator awards more North Sea oil and gas licences

NSTA awards 31 new licences aimed at boosting output

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