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: 460.00
Bid: 459.60
Ask: 459.80
Change: 0.00 (0.00%)
Spread: 0.20 (0.044%)
Open: 460.30
High: 463.35
Low: 458.30
Prev. Close: 460.00
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: Stocks erase losses to trade flat amid geopolitical developments

Tue, 12th Aug 2014 12:10

- Markets trim losses to finish flat- Geopolitics in focus with aid on its way to Ukraine- German ZEW survey disappoints- Prudential, Just Eat, Ladbrokes and Serco rise after resultstechMARK 2,726.95 -0.02%FTSE 100 6,630.32 -0.04%FTSE 250 15,498.56 +0.24%UK stocks had clawed back losses and were trading more or less flat by Tuesday lunchtime as investors continued to watch geopolitical developments across the globe.Well-received results from the likes of Prudential, Just Eat, Serco and Ladbrokes and a decent performance from travel stocks were limiting the downside in London.The FTSE 100 was down just 0.04% at 6,630, having touched a low of 6,617.31 early on.The index advanced 1% on Monday on the back of improved newsflow from Iraq, Gaza and Ukraine. In particular, investors welcomed the news of Russia stopping military exercises near the eastern border of Ukraine over the weekend.Ukraine and Russia are now said to have agreed on a Red Cross-led humanitarian aid mission in Luhansk, where thousands of people are without access to water, power and medical help. However, there were conflicting reports that said that the Red Cross was still waiting for information about the contents of a Russian convoy before agreeing to a mission. Meanwhile, with Ukrainian officials claiming that up to 45,000 Russian troops remain close to the frontier, tensions between the neighbouring nations are still high with developments having the potential to spark volatile moves on financial markets.Elsewhere, Iraq plunged deeper into political crisis late on Monday, as embattled Prime Minister Nouri al-Maliki refused to step aside to allow his successor, Haida al-Abadi, to form a new government.In economic data on Tuesday, German investor confidence declined significantly in August due to geopolitical tensions, the German ZEW survey said. The economic sentiment for Germany dropped to a worse-than-expected 8.6 in August from 27.1 in July. It marked the eighth consecutive decrease and reached its lowest level since December 2012.Prudential leads gainsInsurer Prudential impressed the market on Tuesday after the insurer's US and Asia businesses helped to boost first-half group operating profits by 17% to £1.52bn despite a drop in UK annuity sales sparked by government pension changes. FTSE 250 online takeaway marketplace Just Eat said profits trebled in the first half of 2014 on the back of strong demand and accelerating growth in mobile. The company said pre-tax profit was up 200% at £6m on revenues that jumped by 58% to £69.8m, causing shares to surge in morning trade.High street bookie Ladbrokes was a high riser after saying it delivered on its key operational objectives in the first six months of 2014, as a good World Cup performance pushed revenues higher 4% to £589.3m. However, profits fell by nearly 50% as a result of "industry-wide customer-friendly results".Support services group Serco was also making gains despite reporting "poor" first-half trading and predicted challenges ahead. Investors, however, welcomed the news that it had reduced net debt and appointed a new finance chief.RSA Insurance was also in demand after Credit Suisse upgraded the stock from 'underperform' to 'neutral', saying that the stock's valuation is not demanding. African Barrick Gold was also higher after Investec upgraded the stock from 'sell' to 'hold'.In contrast, financial services group Hargreaves Lansdown slumped after UBS initiated coverage of the stock with a 'sell' rating, saying that the "risk-reward [is] significantly skewed to the downside".Royal Dutch Shell was lower on the news that it is set to cut around 250 jobs at its onshore North Sea oil operations in Aberdeen. The wider oil sector was tracking the price of crude lower in morning trade with Ophir Energy, BP and Tullow all registering losses.Travel and leisure stocks were on the rise, with Easyjet, IAG, TUI Travel and Carnival performing well.FTSE 100 - RisersPrudential (PRU) 1,360.00p +1.57%easyJet (EZJ) 1,273.00p +1.19%Pearson (PSON) 1,133.00p +1.16%TUI Travel (TT.) 364.60p +1.14%Barclays (BARC) 218.60p +1.09%International Consolidated Airlines Group SA (CDI) (IAG) 334.70p +1.06%Carnival (CCL) 2,213.00p +1.00%RSA Insurance Group (RSA) 429.50p +0.92%HSBC Holdings (HSBA) 631.60p +0.91%BAE Systems (BA.) 431.80p +0.75%FTSE 100 - FallersHargreaves Lansdown (HL.) 1,050.00p -2.87%Johnson Matthey (JMAT) 2,950.00p -1.67%Ashtead Group (AHT) 891.50p -1.65%Royal Dutch Shell 'B' (RDSB) 2,492.00p -1.29%Shire Plc (SHP) 4,705.00p -1.24%Mondi (MNDI) 1,015.00p -0.98%Morrison (Wm) Supermarkets (MRW) 165.20p -0.96%United Utilities Group (UU.) 836.50p -0.95%Tesco (TSCO) 243.95p -0.95%Royal Dutch Shell 'A' (RDSA) 2,377.00p -0.92%FTSE 250 - RisersJust Eat (JE.) 242.00p +10.25%AO World (AO.) 214.50p +7.25%Serco Group (SRP) 343.10p +4.32%Domino Printing Sciences (DNO) 625.50p +3.56%Ladbrokes (LAD) 134.00p +2.68%Rathbone Brothers (RAT) 2,085.00p +2.66%Restaurant Group (RTN) 643.00p +2.55%Dechra Pharmaceuticals (DPH) 708.50p +2.53%Beazley (BEZ) 248.20p +2.31%Electrocomponents (ECM) 237.60p +2.06%FTSE 250 - FallersOphir Energy (OPHR) 198.50p -3.03%Ferrexpo (FXPO) 132.20p -3.01%Regus (RGU) 175.40p -2.56%Balfour Beatty (BBY) 237.90p -2.10%SIG (SHI) 169.00p -1.74%Brit (BRIT) 238.60p -1.41%Elementis (ELM) 281.00p -1.37%Dixons Carphone (DC.) 325.60p -1.33%Wood Group (John) (WG.) 744.00p -1.26%Amec (AMEC) 1,094.00p -1.26%BC
More News
29 Jan 2024 17:02

LONDON MARKET CLOSE: Stocks slightly down pre US Fed, Bank of England

(Alliance News) - Stock prices in London closed mutedly lower on Monday, ahead of a busy week of interest rate decisions and economic data.

Read more
29 Jan 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 nudges higher ahead of rate decisions

(Alliance News) - Stock prices in London were mixed going into Monday afternoon, ahead of a busy week of interest rate decisions and economic data.

Read more
29 Jan 2024 08:41

LONDON MARKET OPEN: BP, Shell higher amid Middle East tensions

(Alliance News) - Stock prices in Europe opened mostly lower, ahead of an important week of central bank decisions and economic data.

Read more
26 Jan 2024 23:06

Equinor, Orsted bid for better contract in NY offshore wind auction

Jan 26 (Reuters) - New York State said on Friday it received bids to supply power from three offshore wind projects in its expedited fourth solicitation that allowed developers to exit old contracts and re-offer projects at higher prices.

Read more
26 Jan 2024 17:02

LONDON MARKET CLOSE: Stocks up as Fed's preferred inflation read cools

(Alliance News) - Stock prices in London closed up on Friday, as investors predicted and responded positively to a cooling inflation read in the US.

Read more
26 Jan 2024 13:16

Equinor sticks to 2030 renewables targets after US wind project reset

OSLO, Jan 26 (Reuters) -

Read more
26 Jan 2024 12:11

LONDON MARKET MIDDAY: China growth measures and LVMH lift mood

(Alliance News) - Stock prices in London were up at midday, with investors optimistic ahead of a key US inflation reading.

Read more
26 Jan 2024 10:03

Equinor sticks to 2030 renewables targets after US wind reshuffle

OSLO, Jan 26 (Reuters) - Norway's Equinor maintains an ambition to reach 12-16 gigawatts (GW) of installed renewable energy capacity by 2030, despite dropping out of some projects in New York, its renewables head told Reuters on Friday.

Read more
26 Jan 2024 08:48

LONDON MARKET OPEN: Oil majors boost FTSE; LVMH lifts Burberry

(Alliance News) - The FTSE 100 looked set to end the week on a high note in early Friday trading, buoyed by strong US economic data and rising oil prices.

Read more
25 Jan 2024 11:00

Big turnout expected in New York offshore wind power auction

Jan 25 (Reuters) - Several offshore wind developers will likely bid in New York's fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, Equinor and BP.

Read more
23 Jan 2024 17:25

BP sees Trinidad deepwater gas project getting greenlight as soon as 2025

PORT OF SPAIN, Jan 23 (Reuters) - BP expects the Calypso deepwater natural gas field off Trinidad and Tobago, which it shares with Woodside Energy, to get the greenlight when a final investment decision (FID) is made as early as the end of next year, a company executive said.

Read more
23 Jan 2024 08:47

LONDON MARKET OPEN: Stocks see muted open; oil majors rise

(Alliance News) - Stock prices in London opened largely flat on Tuesday, failing to capitalise on broadly positive market sentiment elsewhere.

Read more
22 Jan 2024 19:33

Trinidad in talks with Europe to supply Venezuelan gas

PORT OF SPAIN, Jan 22 (Reuters) - Trinidad and Tobago has begun talks with some European countries on the supply of liquefied natural gas (LNG) produced from Venezuelan gas, Prime Minister Keith Rowley said on Monday.

Read more
22 Jan 2024 10:44

SDI promotes Chief Operating Officer Stephen Brown to chief executive

(Alliance News) - SDI Group PLC on Monday said its chief executive officer has stepped down, naming its chief operating officer as successor.

Read more
18 Jan 2024 21:47

Three New England states extend offshore wind solicitation due date

Jan 18 (Reuters) - Massachusetts, Connecticut and Rhode Island extended on Thursday the date bids are due in the states' next offshore wind solicitations from Jan. 31 to March 27.

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.