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Share Price Information for BP (BP.)

London Stock Exchange
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Share Price: 508.70
Bid: 508.60
Ask: 508.70
Change: 3.70 (0.73%)
Spread: 0.10 (0.02%)
Open: 507.60
High: 510.70
Low: 506.80
Prev. Close: 505.00
BP. Live PriceLast checked at -

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London open: BP lifts Footsie higher early on

Tue, 30th Oct 2012 08:45

- Stocks rebound after Sandy-related falls- BP and Imperial gain after results- BoJ expands stimulusStocks opened strongly on Tuesday morning with mining stocks making gains and oil giant BP providing a lift after raising its quarterly dividend, as markets rebounded following a subdued day yesterday on the back of Hurricane Sandy hitting the east coast of America.Corporate earnings in Europe lifted sentiment this morning also, with German heavy hitters Deutsche Bank and Bayer beating expectations and insurance giant Allianz hiking its full-year guidance.Market analyst Craig Erlam from Alpari said that today is "likely to be another quiet day in the markets as the US stock exchanges close for a second day due to Hurricane Sandy."Following moderate declines seen across European equity markets yesterday, Erlam said that volumes could pick up this morning with some key economic data out (such as German jobless figures), an Italian bond auction and a press conference with European Central Bank (ECB) President Mario Draghi in Frankfurt.The Bank of Japan has expanded its asset-purchase programme for the second consecutive month. Markus Huber, the head of German HNW trading at ETX Capital, said this morning that the news was "less well-received as many had hoped for much more aggressive easing to counteract renewed weakness seen in the Japanese economy."FTSE 100: BP impressive with Q3 figures, diviIntegrated oil giant BP is worming its way back into the affections of UK pension fund managers after raising its divi on the back of forecast-beating third-quarter results. Shares jumped 4% early on.The quarterly dividend has been hiked to nine cents from eight cents in the second quarter. The group's dividend payment used to be a mainstay of UK pension funds before it was suspended in the wake of the Gulf of Mexico oil well disaster, but the group resumed dividend payments at the beginning of last year. Mining stocks such as Rio Tinto, Kazakhmys, EVRAZ and ENRC were performing well this morning as metals prices advanced. Profit growth at Imperial Tobacco was broadly in line with expectations in the year to the end of September, helping the firm to raise its payout ratio and increase its full-year dividend by over a tenth. Shares gained in the opening hour.Babcock International and Rolls-Royce gained after signing preliminary contracts with Hitachi - which has bought the UK nuclear project Horizon - to plan and deliver the new nuclear reactors at Wylfa and Oldbury in Gloucestershire.Among the fallers was emerging markets-focused lender Standard Chartered despite seeing good momentum across its businesses and geographies in the third quarter.FTSE 100 - RisersBP (BP.) 441.70p +3.93%Imperial Tobacco Group (IMT) 2,386.00p +2.32%Rio Tinto (RIO) 3,138.00p +1.88%Aggreko (AGK) 2,134.00p +1.57%BG Group (BG.) 1,333.50p +1.37%Kazakhmys (KAZ) 721.00p +1.19%Xstrata (XTA) 980.00p +1.18%Wood Group (John) (WG.) 840.50p +1.14%Vedanta Resources (VED) 1,140.00p +1.06%Evraz (EVR) 238.70p +0.97%FTSE 100 - FallersStandard Chartered (STAN) 1,484.00p -0.90%National Grid (NG.) 703.50p -0.64%Polymetal International (POLY) 1,112.00p -0.63%United Utilities Group (UU.) 711.50p -0.35%Compass Group (CPG) 679.00p -0.29%Schroders (SDR) 1,523.00p -0.26%Pennon Group (PNN) 726.00p -0.21%Bunzl (BNZL) 1,026.00p -0.19%ITV (ITV) 85.50p -0.18%HSBC Holdings (HSBA) 610.10p -0.13%FTSE 250 - RisersNew World Resources A Shares (NWR) 292.90p +4.76%Petra Diamonds Ltd.(DI) (PDL) 103.90p +2.87%JD Sports Fashion (JD.) 768.00p +2.40%Jupiter Fund Management (JUP) 264.40p +2.05%Daejan Holdings (DJAN) 2,920.00p +2.03%Man Group (EMG) 79.95p +1.91%Premier Oil (PMO) 356.40p +1.71%Rank Group (RNK) 149.90p +1.63%Menzies(John) (MNZS) 626.00p +1.54%SVG Capital (SVI) 266.80p +1.52%FTSE 250 - FallersCentamin (DI) (CEY) 74.80p -24.29%Restaurant Group (RTN) 374.90p -1.86%Talvivaara Mining Company (TALV) 132.00p -1.57%Devro (DVO) 326.80p -0.97%Fidelity China Special Situations (FCSS) 77.50p -0.90%Hochschild Mining (HOC) 489.90p -0.87%Rathbone Brothers (RAT) 1,291.00p -0.84%Law Debenture Corp. (LWDB) 402.00p -0.81%IP Group (IPO) 118.05p -0.80%Euromoney Institutional Investor (ERM) 782.50p -0.76%BC
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BP unveils $1.75bn buyback as 2023 profits halve on weaker oil price

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

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BP appoints Kate Thomson as its permanent finance chief

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TOP NEWS: BP promotes Kate Thomson as permanent finance chief

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UK earnings, trading statements calendar - next 7 days

Wednesday 31 January 
Aberforth Smaller Companies Trust PLCFull Year Results
abrdn Private Equity Opportunities Trust PLCFull Year Results
Ecora Resources PLCTrading Statement
GSK PLCFull Year Results
ITM Power PLCHalf Year Results
NWF Group PLCHalf Year Results
Thursday 1 February 
Airtel Africa PLCTrading Statement
AG Barr PLCTrading Statement
BT Group PLCTrading Statement
Cranswick PLCTrading Statement
Gem Diamonds LtdTrading Statement
Glencore PLCTrading Statement
JTC PLCTrading Statement
Rank Group PLCHalf Year Results
Shell PLCFull Year Results
TClarke PLCTrading Statement
Friday 2 February 
YouGov PLCTrading Statement
Monday 5 February 
Home REIT PLCTrading Statement
Porvair PLCFull Year Results
Trident Royalties PLCTrading Statement
Vodafone Group PLCTrading Statement
Tuesday 6 February 
Alumasc Group PLCHalf Year Results
BP PLCFull Year Results
Filtronic PLCHalf Year Results
Mattioli Woods PLCHalf Year Results
Renishaw PLCHalf Year Results
Virgin Money UK PLCTrading Statement
  
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