focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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: 489.30
Bid: 489.05
Ask: 489.10
Change: -7.65 (-1.54%)
Spread: 0.05 (0.01%)
Open: 491.70
High: 492.90
Low: 485.55
Prev. Close: 496.95
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 open: Stocks surge ahead of BoE, ECB meetings

Thu, 05th Sep 2013 08:13

The FTSE 100 jumped strongly in early trading on Thursday as investor risk appetite increased ahead of policy decisions from the Bank of England (BoE) and the European Central Bank (ECB) later on.The Bank of Japan meeting overnight was "a bit of a non-event", according to Market Analyst Craig Erlam, after policymakers voted unanimously for no change in policy, as expected. This decision "comes as no surprise given the size of the bond buying programme already in place and the fact that, so far, 'Abenomics' appears to be working, with small amounts of growth and inflation being seen", Erlam said.No change is also expected from the BoE and ECB which unveil their decisions at 12:00 and 12:45, respectively, though a close eye will be kept on any accompanying statements from both central banks which could spark some volatility in the markets.As for the BoE, analysts at Nomura said this morning with forward guidance is now in effect it should make this meeting a "relatively easy" one. "The big question is whether the market is pricing in a more aggressive hiking cycle because it does not believe this guidance, which would warrant further policy action."The Federal Reserve's September Beige Book gave stocks on Wall Street a boost last night after it found that the economic activity grew at a "modest to moderate" pace between July and August, similar to the previous survey. Analyst Cooper Howes from Barclays said that the Beige Book "is consistent with our expectations of a tapering of asset purchases at the September Federal Open Market Committee meeting".Investors are now looking ahead to the all-important US jobs report on Friday which will be a large factor in the Fed's decision on whether or not to adjust current stimulus measures later this month.If that wasn't enough, markets will have a barrage of other economic data to digest today, including ADP employment figures, jobless claims, factory orders and the ISM non-manufacturing index.Syria will likely still be on the back of everyone's minds on Wednesday as President Barack Obama continues to gather support for a US intervention following last month's alleged chemical weapons attack by Bashar al-Assad's regime. Ahead of the crucial vote in Congress next week, Obama said the credibility of the US is on the line over its response. "We believe very strongly with high confidence that chemical weapons were used; we want to join with the international community for an effective response," he said.easyJet rebounds with traffic numberseasyJet, which suffered from negative readacross after Ryanair's profit warnings yesterday, was rebounding this morning after reporting rising passenger numbers and an increased load factor for August. Banks were also performing well early on with Standard Chartered, HSBC, Lloyds, RBS and Barclays all registering decent gains.Sector peers BP and Shell were subdued after a cautious research report from Nomura which maintained its 'neutral' stance on European 'Big Oil' stocks. The broker said: "Recent market optimism on the outlook for European Big Oil is premature, in our opinion. Visibility is improving but a transition to long-life assets and a more unconventional asset base will cost more and take longer than consensus expects."Oil and gas group BG Group however was in positive territory after Nomura reiterated its 'buy' rating, saying it offers "differentiated growth" from others in the Big Oil sector.Electronics retailer Dixons jumped this morning after saying that underlying group sales rose 4% in the first quarter. It also said it had received an offer for its problematic PIXmania arm and announced the disposal of EletroWorld Turkey.Fashion group SuperGroup also rose strongly after reporting that quarterly sales soared by nearly 26% following strong demand across the group, in particular womenswear.FTSE 100 - RisersInterContinental Hotels Group (IHG) 1,910.00p +4.03%Marks & Spencer Group (MKS) 495.30p +3.47%easyJet (EZJ) 1,254.00p +3.21%Standard Chartered (STAN) 1,473.00p +2.61%ARM Holdings (ARM) 897.00p +2.51%Persimmon (PSN) 1,138.00p +2.43%Prudential (PRU) 1,129.00p +2.26%Lloyds Banking Group (LLOY) 74.20p +2.16%HSBC Holdings (HSBA) 705.80p +2.07%BAE Systems (BA.) 448.90p +2.02%FTSE 100 - FallersGlaxoSmithKline (GSK) 1,654.50p -0.69%Tate & Lyle (TATE) 807.00p -0.68%Melrose Industries (MRO) 299.40p -0.43%G4S (GFS) 255.30p -0.27%BP (BP.) 442.60p -0.12%Croda International (CRDA) 2,637.00p -0.11%CRH (CRH) 1,392.00p -0.07%Tesco (TSCO) 365.85p -0.05%FTSE 250 - RisersDixons Retail (DXNS) 47.91p +8.25%ICAP (IAP) 394.60p +5.25%Imagination Technologies Group (IMG) 277.40p +4.96%Go-Ahead Group (GOG) 1,535.00p +4.07%Rentokil Initial (RTO) 107.00p +3.48%Supergroup (SGP) 1,198.00p +3.37%Domino Printing Sciences (DNO) 694.50p +3.35%Galliford Try (GFRD) 1,010.00p +3.22%International Personal Finance (IPF) 636.50p +3.16%Mitchells & Butlers (MAB) 453.70p +2.79%FTSE 250 - FallersEnterprise Inns (ETI) 141.50p -3.02%esure Group (ESUR) 227.90p -2.19%NMC Health (NMC) 323.00p -1.79%Kenmare Resources (KMR) 28.18p -1.78%Bumi (BUMI) 216.00p -1.68%Cranswick (CWK) 1,130.00p -1.05%Salamander Energy (SMDR) 129.50p -0.84%Barr (A.G.) (BAG) 545.00p -0.64%Betfair Group (BET) 987.00p -0.50%BH Macro Ltd. GBP Shares (BHMG) 2,155.00p -0.46%BC
More News
2 Apr 2024 08:55

European oil stocks gain on expectations for higher demand, supply concerns

Read more
28 Mar 2024 10:00

How the oil industry is thriving despite Joe Biden's climate policies

GRAPHIC on Biden's oil boom: https://www.reuters.com/graphics/USA-BIDEN/OIL/lgpdngrgkpo/

By Nichola Groom, Jarrett Renshaw

Read more
27 Mar 2024 20:59

New England offshore wind auction draws multiple bidders

March 27 (Reuters) -

Read more
27 Mar 2024 12:47

Ithaca Energy gets bid rights on Eni's UK assets, profit slips

March 27 (Reuters) - Ithaca Energy has been given a four-week exclusivity period by Italy's Eni, to make an offer for UK exploration and production assets that could expand its output massively, the London-listed company said on Wednesday.

Read more
27 Mar 2024 09:01

Big Oil's climate planning not good enough, investor group says

Climate Action 100+ assessed 10 top oil companies

*

Read more
27 Mar 2024 08:31

Big Oil's climate planning not good enough, investor group says

Climate Action 100+ assessed 10 top oil companies

*

Read more
25 Mar 2024 16:51

LONDON MARKET CLOSE: Renewed global tensions put pressure on stocks

(Alliance News) - Stock prices in London started the week in bad shape and closed lower on Monday, as investors sat on their hands amid rising global tensions.

Read more
21 Mar 2024 15:00

UK dividends calendar - next 7 days

Friday 22 March 
easyJet PLCdividend payment date
FRP Advisory Group PLCdividend payment date
Gulf Investment Fund PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
Hercules Site Services PLCdividend payment date
Impax Asset Management Group PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
JPMorgan Multi-Asset Growth & Income PLCdividend payment date
Mattioli Woods PLCdividend payment date
Mobeus Income & Growth 2 VCT PLCdividend payment date
Mobeus Income & Growth 4 VCT PLCdividend payment date
Ramsdens Holdings PLCdividend payment date
Riverstone Credit Opportunities Income PLCdividend payment date
Ruffer Investment Co Ltddividend payment date
Samuel Heath & Sons PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
Unilever PLCdividend payment date
Monday 25 March 
AstraZeneca PLCdividend payment date
Endeavour Mining PLCdividend payment date
Mountview Estates PLCdividend payment date
Shell PLCdividend payment date
Tuesday 26 March 
no events scheduled 
Wednesday 27 March 
abrdn Diversified Income & Growth PLCdividend payment date
Thursday 28 March 
Alliance Trust PLCdividend payment date
Balanced Commercial Property Trust Ltddividend payment date
Berkeley Group Holdings PLCdividend payment date
BHP Group Ltddividend payment date
BlackRock Energy & Resources Inc Trust PLCex-dividend payment date
BlackRock Sustainable American Income Trust PLCex-dividend payment date
BlackRock Throgmorton Trust PLCdividend payment date
BP PLCdividend payment date
City of London Investment Group PLCdividend payment date
Crown Place VCT PLCdividend payment date
CT UK Capital & Income Investment Trust PLCdividend payment date
Develop North PLCdividend payment date
Diversified Energy Co PLCdividend payment date
Downing Renewables & Infrastructure Trust PLCdividend payment date
Gateley Holdings PLCdividend payment date
Genus PLCdividend payment date
Hargreaves Lansdown PLCdividend payment date
HICL Infrastructure PLCdividend payment date
Idox PLCex-dividend payment date
Imperial Brands PLCdividend payment date
Melrose Industries PLCex-dividend payment date
Mid Wynd International Investment Trust PLCdividend payment date
Moneysupermarket.com Group PLCex-dividend payment date
NextEnergy Solar Fund Ltddividend payment date
North Atlantic Smaller Cos Investment Trust PLCdividend payment date
Personal Group Holdings PLCex-dividend payment date
Premier Miton Global Renewables Trust PLCdividend payment date
Quartix Technologies PLCex-dividend payment date
Renewables Infrastructure Group Ltddividend payment date
Schroder Real Estate Investment Trust Ltddividend payment date
SDCL Energy Efficiency Income Trust PLCdividend payment date
Smith & Nephew PLCex-dividend payment date
Taylor Wimpey PLCex-dividend payment date
Thames Ventures VCT 2 DSO 1 D PLCdividend payment date
Travis Perkins PLCex-dividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Vaalco Energy Incdividend payment date
Value & Indexed Property Income Trust PLCex-dividend payment date
VH Global Sustainable Energy Opportunities PLCdividend payment date
Volution Group PLCex-dividend payment date
Wynnstay Group PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
19 Mar 2024 16:57

LONDON MARKET CLOSE: European large-caps rise on eve of Fed decision

(Alliance News) - Blue-chip stock prices in Europe closed higher on Tuesday, showing little signs of nerves ahead of Wednesday's Federal Reserve decision and UK inflation reading.

Read more
19 Mar 2024 11:52

LONDON MARKET MIDDAY: European markets flat ahead of Fed and BoE

(Alliance News) - Stock prices in London were down at midday on Tuesday, as investors sat on their hands ahead of interest rate decisions from the UK and US.

Read more
18 Mar 2024 11:49

LONDON MARKET MIDDAY: FTSE 100 as shakes off pre-interest rate nerves

(Alliance News) - Stock prices in London were higher at midday Monday, as eyes were firmly on interest rate decisions across the globe.

Read more
15 Mar 2024 13:07

IN BRIEF: Costain wins place on GBP4 billion carbon capture project

Costain Group PLC - Maidenhead, Berkshire-based construction and engineering firm - Selected as one of nine specialist partners to deliver a carbon capture project beneath the North Sea off the east cost of England. The engineering, procurement, and construction contracts for the East Coast Cluster have a combined value of around GBP4 billion, Costain says. The contracts will be with Net Zero Teesside Power and the Northern Endurance Partnership. NZT Power is a electricity generating joint venture of the UK's BP PLC and Norway's Equinor. NEP is a joint venture of BP, Equinor and France's TotalEnergies SE that will provide CO2 transport and storage for the East Coast Cluster. Final investment decisions are expected in September or earlier, with the projects aiming for commercial operations from 2027.

Read more
15 Mar 2024 12:11

LONDON MARKET MIDDAY: FTSE 100 underperforms despite mining, oil boost

(Alliance News) - London's FTSE 100 overcame a muted morning to head into Friday afternoon on the up, though its progress was shy of the loftier gains seen by mainland European peers, as investors showed some signs of trepidation ahead of a pair of interest rate decisions next week.

Read more
14 Mar 2024 11:54

BP details green credentials in similar push towards net zero as Shell

(Alliance News) - BP PLC on Thursday outlined similar targets to cut emissions as peer Shell PLC, as both oil and gas majors strive to become net zero for carbon emissions by 2050.

Read more
14 Mar 2024 10:19

BP picks up Ashford site to boost electric charging scope for trucks

(Alliance News) - BP PLC on Thursday stepped up plans to increase its electric charging capacity for heavy goods vehicles by buying one of the largest truck stops in Europe.

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.