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Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

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Share Price: 510.40
Bid: 509.40
Ask: 509.50
Change: 0.00 (0.00%)
Spread: 0.10 (0.02%)
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Sector movers: Financials, insurers pace gains as interest rates rise

Thu, 09th Feb 2017 16:07

(ShareCast News) - Interest rate sensitive stocks such as life insurers and banks recovered some of their poise as government bond yields bounced back from their recent lows.Significantly, traders cited comments from US president Trump during the afternoon saying he would have "something phenomenal" on taxes over the next two to three weeks as a reason for the uptick in 'risk appetite'.Thus, as of 1638 GMT the yield on the benchmark 10-year US Treasury was moving higher by five basis points to 2.38%, alongside a bounce of three basis points to 1.24% for similarly-dated Gilts.Close behind were shares in the oil majors such as BP and Royal Dutch Shell as crude oil futures advanced.Miners on the other hand were knocked back as the US dollar continued to gain altitude again, acting as a drag on prices for precious metals.Copper futures were also lower, with March 2017 COMEX copper retreating 0.56% to $2.6515 a pound, even as workers at the largest copper mine in the world, Escondida, in Chile, made preparations to go on strike.Top performing sectors so far todayMobile Telecommunications 4,463.28 +1.47%Life Insurance 7,884.12 +1.32%Oil & Gas Producers 7,970.11 +1.29%Banks 4,375.83 +1.28%Forestry & Paper 19,313.05 +1.24%Bottom performing sectors so far todayGeneral Industrials 5,911.55 -1.60%Mining 16,165.33 -0.94%Food Producers & Processors 7,598.64 -0.84%Electronic & Electrical Equipment 5,234.22 -0.67%Industrial Engineering 10,891.08 -0.66%
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London close: Stocks slip on renewed geopolitical tensions

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15 Apr 2024 11:56

LONDON MARKET MIDDAY: Oil falls despite rising Iran-Israel tensions

(Alliance News) - London's FTSE 100 was down at midday on Monday, as oil majors BP and Shell were hurt by falling prices, with investors showing caution following Iran's strikes on Israel over the weekend.

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15 Apr 2024 08:59

LONDON MARKET OPEN: FTSE 100 falls as oil lower despite Iran strikes

(Alliance News) - Stock prices in London opened lower on Monday, with a decline in oil prices sending Shell and BP lower, in a cautious start to the week following Iran's strikes on Israel over the weekend.

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Sector movers: Investors seek out safe havens across all asset classes

(Sharecast News) - Commodity plays were again sought out at the end of the week after The Wall Street Journal said that an Iranian attack against Israel was thought to be imminent.

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12 Apr 2024 17:28

FTSE 100 sets near record close as commodity stocks shine

FTSE 100 up 0.9%, FTSE 250 off 0.3%

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12 Apr 2024 16:56

LONDON MARKET CLOSE: Miners lift FTSE 100 but sea of red elsewhere

(Alliance News) - London's FTSE 100 defied a tricky day for wider markets, as its miners and oil producers shone, while the dollar was supported as odds of the US Federal Reserve enacting three interest rate cuts this year dwindle.

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Europe's main energy stocks index hits highest since 2008

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Europe's main energy stocks index hits highest since 2008

April 12 (Reuters) - The main European energy stocks index hit its highest level since 2008 as higher oil prices, geopolitical risks, and global economic uncertainty drew in investors on Friday.

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