The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 488.60
Bid: 488.65
Ask: 488.80
Change: 1.60 (0.33%)
Spread: 0.15 (0.031%)
Open: 489.20
High: 495.40
Low: 487.50
Prev. Close: 487.00
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: FTSE 100 buoyant as Next rallies retailers

Wed, 14th Sep 2011 12:12

The volatility continues with the top share index in the blue now after a weak start.In what it confessed has been a difficult year so far, clothing retailer Next saw half-year sales rise 3% to £1,565m from the year before, while profit before tax jumped 8.5% to £228m. Excluding its Ventura arm, Next is guiding to full-year profit before tax of between £545m and £590m. The shares are sharply higher, as are fellow retailers such as Marks & Spencer and Debenhams. "Looking ahead to our full year results, we believe that VAT exclusive NEXT Brand sales for the year will be between 2.0% and 4.5% ahead of last year, which would result in NEXT Group profits being up between +0.4% and +8.7% and EPS up between +7.5% and +16.4%," the group said.Oil giant BP, which has moved to take full control of its Brazilian biofuels mills, buying the remaining half of ethanol mill owner Tropical BioEnergia and a 3% stake in sugar and ethanol producer Companhia Nacional de Açúcar e Álcool (CNAA), is in demand.Property groups British Land and Land Securities, downgraded to sell from hold by Societe Generale on euro debt crisis worries, are among the laggards in the FTSE 100House building and construction group Galliford Try exceeded its profit expectations last year after putting on a spurt in the second half. Underlying profit before tax rose 34% to £35.1m from £26.1m the year before, on revenue that climbed 5% to £1,284m from £1,222m.Also in housebuilding Barratt Developments returned to profit (before exceptional costs) for the full year with a pre-tax return of £42.7m, versus a loss of £33.0m the year before. For the first 11 weeks of the current financial year, the house builder's average net private reservations totalled 183 per week, 10.2% above the same period last year.Strong carbon markets helped coal supplier Hargreaves Services post a sharp rise in profits for the year to 31 May. Underlying pre-tax profits rose to £40.5m from £34.3m on revenues up to £552.3m from £459.8m. Underlying diluted earnings per share rose to 103.7p from 88.8p. Broker Panmure Gordon had predicted a profit of £40m for the year, with earnings per share climbing by 34.1% to 101.4p.Avingtrans, the designer, manufacturer and supplier of critical components and associated services to the energy, medical, industrial and global aerospace sectors, posted a 32% increase in full year earnings and reintroduced a dividend payment. EBITDA increased 32% to £3.3m for the year ended 31 May 2011 from £2.5m in 2010. Turnover increased by 27% to £36.3m. Gross profit margin increased to 29% from 26% the year before. AIM listed integrated wealth management group Brooks Macdonald said underlying pre-tax profit rose 37% to £7.8m in the year ended 30 June 2011. Revenues rose by 29% to £52.2m while statutory pre-tax profits advanced 28% to £7.3m. Total funds under management increased by 36% to £2.969bn. Gold miner Noricum is shining after it reported more positive results from its sampling and reconnaissance work at its Altenburg Valley target in south-central Austria. The company took 92 samples from the valley, which showed values up to 86.4 g/t (grams per tonne), a high grade.Film and TV content distributor Entertainment One, which owns the franchise for the cartoon character Peppa Pig, jumps after confirming speculation that it is considering being bought. FTSE 100 - RisersNext (NXT) 2,494.00p +6.81%Royal Bank of Scotland Group (RBS) 23.22p +6.12%Kingfisher (KGF) 245.10p +4.79%InterContinental Hotels Group (IHG) 1,031.00p +4.51%BP (BP.) 398.25p +4.36%Inmarsat (ISAT) 506.00p +4.07%International Consolidated Airlines Group SA (IAG) 152.40p +4.03%GKN (GKN) 181.90p +3.94%Burberry Group (BRBY) 1,345.00p +3.94%Lloyds Banking Group (LLOY) 32.99p +3.64%FTSE 100 - FallersLand Securities Group (LAND) 659.00p -1.64%British Land Co (BLND) 495.00p -1.30%Imperial Tobacco Group (IMT) 2,035.00p -0.93%Aggreko (AGK) 1,799.00p -0.72%Capita Group (CPI) 702.00p -0.50%Capital Shopping Centres Group (CSCG) 317.70p -0.47%Admiral Group (ADM) 1,265.00p -0.39%ARM Holdings (ARM) 584.50p -0.34%Pearson (PSON) 1,068.00p -0.19%Standard Chartered (STAN) 1,337.50p -0.11%FTSE 250 - RisersBwin.party Digital Entertainment (BPTY) 128.20p +12.46%Debenhams (DEB) 56.85p +8.39%Thomas Cook Group (TCG) 36.61p +8.15%Enterprise Inns (ETI) 37.62p +7.18%Inchcape (INCH) 285.70p +5.39%Perform Group (PER) 215.00p +4.88%Dixons Retail (DXNS) 11.46p +4.66%Ocado Group (OCDO) 119.40p +4.55%Lamprell (LAM) 280.00p +4.52%Carpetright (CPR) 527.00p +4.25%FTSE 250 - FallersKesa Electricals (KESA) 90.15p -3.84%Hansteen Holdings (HSTN) 75.30p -2.14%Rathbone Brothers (RAT) 1,045.00p -1.79%F&C Asset Management (FCAM) 65.55p -1.65%International Public Partnerships Ltd. (INPP) 114.00p -1.64%RPC Group (RPC) 303.50p -1.59%Savills (SVS) 292.20p -1.28%FirstGroup (FGP) 342.10p -1.21%JPMorgan Asian Inv Trust (JAI) 198.40p -1.10%SEGRO (SGRO) 238.70p -1.04%
More News
20 Nov 2023 16:53

LONDON MARKET CLOSE: FTSE 100 drifts lower as eyes turn to Fed

(Alliance News) - European equities closed mixed in muted trade at the start of the week, with focus turning to Tuesday's Federal Reserve meeting minutes, as investors mull the outlook for US interest rates.

Read more
17 Nov 2023 12:00

LONDON MARKET MIDDAY: Stocks shrug off downbeat UK retail sales

(Alliance News) - Stock prices in London were up at midday on Friday, as a week of favourable data as far as inflation goes gave investors a reason to overlook disappointing UK retail sales figures.

Read more
17 Nov 2023 09:03

LONDON MARKET OPEN: Stocks up despite UK retail sales growth miss

(Alliance News) - Stock prices in London opened higher on Friday, despite weaker-than-expected October retail sales figures for the UK.

Read more
16 Nov 2023 16:59

LONDON MARKET CLOSE: Stocks give way after rate optimism-fuelled rally

(Alliance News) - European equities closed lower as a post-US inflation slowdown rally seen on Tuesday and Wednesday gave way to a more muted session on Thursday.

Read more
16 Nov 2023 12:06

LONDON MARKET MIDDAY: Stocks down as post-inflation data rally fades

(Alliance News) - Stock prices in London were down at midday on Thursday, with mixed corporate updates tempering enthusiasm in the wake of two favourable inflation readings earlier in the week.

Read more
16 Nov 2023 08:57

LONDON MARKET OPEN: FTSE 100 flat; Burberry tumbles on weak outlook

(Alliance News) - Stock prices in London opened in a muted fashion on Thursday, as the week's optimism waned somewhat, but did not give way to pessimism.

Read more
10 Nov 2023 16:53

LONDON MARKET CLOSE: Europe and New York diverge after hawkish Powell

(Alliance News) - Stocks in Europe suffered on Friday, as US interest rate worries cast a dark cloud over equity markets, though counterparts in New York had a more resilient start to the day.

Read more
10 Nov 2023 15:45

London close: Stocks tumble on Powell comments as GDP stagnates

(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.

Read more
9 Nov 2023 08:57

LONDON MARKET OPEN: FTSE 100 kicks off day with cautious gain

(Alliance News) - London's FTSE 100 struggled for direction early Thursday, with a mixed slate of corporate updates, US interest rate worries and underwhelming China data preventing it from making more confident progress in early trade.

Read more
7 Nov 2023 16:58

LONDON MARKET CLOSE: FTSE 100 held back by miners and oil firms

(Alliance News) - The FTSE 100 in London closed slightly lower on Tuesday, as miners and oil firms continued to drag down the index throughout the day.

Read more
7 Nov 2023 12:07

LONDON MARKET MIDDAY: Housebuilders and retail up, miners and oil down

(Alliance News) - European equities were mixed heading into Tuesday afternoon, with weaker China data and doubts over the US interest rate outlook weighing on the mood.

Read more
7 Nov 2023 08:53

LONDON MARKET OPEN: AB Foods and Frasers rise on buybacks; RS slumps

(Alliance News) - A subdued start to the week for European equities continued on Tuesday, with hawkish words from a US central banker supporting the dollar and making some rethink their interest rate outlook for the Federal Reserve.

Read more
6 Nov 2023 10:24

Kosmos Energy to operate Yakaar-Teranga gas discovery amid BP exit

(Alliance News) - Kosmos Energy Ltd on Monday said it has increased its working interest in the Yakaar-Teranga discovery to 90%, consequently assuming operatorship, and reported a rise in its quarterly revenue.

Read more
3 Nov 2023 17:01

LONDON MARKET CLOSE: Stocks end week mixed on soft US employment data

(Alliance News) - Stock prices in London closed mixed on Friday, as some soft US data seemingly confirmed that the central banks are done with interest rate hikes, at least for now.

Read more
2 Nov 2023 10:19

Berenberg ups BP target but sees greater upside elsewhere

(Sharecast News) - Berenberg has lifted its target price for oil titan BP after this week's third-quarter results, but kept a 'hold' rating, saying it sees more attractive investments elsewhere in the sector.

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.