If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them 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: 504.10
Bid: 504.60
Ask: 504.90
Change: 3.60 (0.72%)
Spread: 0.30 (0.059%)
Open: 502.10
High: 508.20
Low: 502.10
Prev. Close: 500.50
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 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%
More News
18 Jan 2024 20:32

EXECUTIVE CHANGES: Eco Buildings chair leaves and vice chair ousted

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

Read more
17 Jan 2024 15:03

London close: Stocks slip after surprise jump in UK inflation

(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.

Read more
17 Jan 2024 12:10

BP's Auchincloss named CEO, reaffirms energy transition plan

Auchincloss was interim CEO

*

Read more
17 Jan 2024 08:48

LONDON MARKET OPEN: UK inflation surprises markets sending stocks down

(Alliance News) - Stock prices in London took a hit on Wednesday morning, after some hotter-than-expected UK inflation data added to interest rate worries.

Read more
17 Jan 2024 08:33

TOP NEWS: BP buys Getec Energie; promotes Auchincloss to permanent CEO

(Alliance News) - BP PLC on Wednesday said that it will buy Getec Energie GmbH as it promoted Murray Auchincloss to the role of permanent chief executive officer.

Read more
17 Jan 2024 07:46

LONDON BRIEFING: UK inflation surprises as unexpectedly rises to 4.0%

(Alliance News) - Stocks in London are called to open lower on Wednesday, following some hotter-than-expected consumer price data from the UK.

Read more
17 Jan 2024 07:11

BP names acting CEO Murray Auchincloss as permanent leader

(Sharecast News) - BP has named its former chief financial officer Murray Auchincloss as its permanent chief executive, after having served in an interim capacity for the past four months.

Read more
16 Jan 2024 21:28

PRESS: BP close to naming acting CEO Auchincloss as permanent chief

(Alliance News) - Directors of BP PLC were meeting on Tuesday evening to finalise the appointment of Murray Auchincloss, the company's acting chief executive, as its permanent boss, according to a report.

Read more
16 Jan 2024 16:38

Shell halts Red Sea shipments over attack fears from Yemeni rebels

(Alliance News) -London-based oil major Shell PLC has paused transit through the key Red Sea shipping route indefinitely, over fears of escalating tensions involving Yemen's Houthi rebels, according to a media report on Tuesday.

Read more
16 Jan 2024 13:13

Shell in Nigeria

LONDON, Jan 16 (Reuters) - Shell pioneered Nigeria's oil and gas industry and remains a major investor in the West African country even after exiting its onshore operations. But over the decades the British company has come under fire over spills in the Delta region and struggles with oil theft, corruption and oil-fuelled violence.

Read more
12 Jan 2024 15:39

London close: Stocks rise on positive UK economic data

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

Read more
8 Jan 2024 19:48

Shell signs 20-year purchase deal with Canadian Ksi Lisims LNG project

Jan 8 (Reuters) - Global gas giant Shell has agreed to buy two million metric tons of liquefied natural gas (LNG) per year from Ksi Lisims LNG, partners in the proposed Canadian project said on Monday.

Read more
8 Jan 2024 16:59

LONDON MARKET CLOSE: Stocks mixed as eyes on US inflation data

(Alliance News) - Stock prices in London closed mixed Monday, with oil majors holding down higher gains in the FTSE 100 index.

Read more
8 Jan 2024 16:38

London close: Stocks manage positive finish after mixed session

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

Read more
8 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms in muted start to week

(Alliance News) - Stock prices in London traded lower at the start of the week, with oil firms weighing on then FTSE 100, as investors look ahead to the week's key inflation prints.

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.