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Share Price Information for BP (BP.)

London Stock Exchange
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Share Price: 506.20
Bid: 506.50
Ask: 506.70
Change: 2.10 (0.42%)
Spread: 0.20 (0.039%)
Open: 506.10
High: 511.70
Low: 505.30
Prev. Close: 504.10
BP. Live PriceLast checked at -

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Sector movers: London market retreats as mining, oil stocks plummet

Tue, 26th May 2015 13:25

London market slipped back from last week's high as it commenced trading on Tuesday, following a bank holiday weekend, with Greece weighing heavily on investor sentiment.At 16:17 BST, the FTSE 100 was back below the 7,000 mark at 6950.20, down 1.16% or 81.52 points, as natural resources stocks, chiefly mining, minerals and oil companies took a hammering owing to various factors.Mining stocks tumbled as a stronger dollar, uncertain Chinese demand and a reiteration of its bearish stance on commodities, especially copper, by Goldman Sachs dented trading. Additionally, gold prices also took a hit following with the end of Indian seasonal buying and a stronger dollar hitting investor sentiment.Traders in Mumbai reported that Indian gold imports had fallen from an average of 67 tonnes in the week ended 21 April, to an average of six tonnes for the week ended 22 May. It prompted gold to shed as much as $15 or 1.31% in intraday trading in Europe.Miners invariably bore the brunt, with Fresnillo (down 3.8%), Randgold Resources (down 3.31%) and Anglo American (down 2.92%) among the top FTSE 100 fallers. The wider market also saw Evraz (down 4.67%) and Acacia Mining (down 4.07%) witness a sell-off.A downbeat day also saw Rio Tinto (down 1.07%), Glencore (down 1.16%), Lonmin (2.23%), Antofagasta (2.52%), BHP Billiton (down 2.59%), Anglo American (down 2.82%) and Vedanta Resources (2.85%) register losses.Meanwhile, oil and gas stocks were in retreat as oversupply concerns returned to dent industry confidence, while JPMorgan downgraded Soco International (down 0.65%) and Tullow Oil (down 4.17%). Premier Oil (down 3.82%) also among those to take a hit while the blue chips BP (down 1.32%) and Shell ('A' shares down 2.00% / 'B' shares down 2.32%). However, Weir Group (up 3.36%) bucked wider trends with Jefferies giving it a thumbs up.It added that Weir continues to be a stock that is gathering interest with investors, and with last week's US rig count data showing a slowing pace of decline, the broker suspects this will increase further.Top five losers:Industrial Metals & Mining 1,707.77 -83.71 -4.67% Gas, Water & Multiutilities 6,106.21 -108.12 -1.74%Oil & Gas Producers 7,148.08 -123.67 -1.70% Pharmaceuticals & Biotechnology 13,297.93 -224.97 -1.66% Mining 14,021.91 -229.23 -1.61%
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6 Feb 2024 09:04

TOP NEWS: BP promises buybacks and hikes dividend despite profit fall

(Alliance News) - BP PLC on Tuesday reaffirmed it is sticking to its commitment to share buybacks despite reporting a profit decline amid a fall in oil prices.

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6 Feb 2024 08:53

LONDON MARKET OPEN: BP jumps after unveiling share buyback

(Alliance News) - The FTSE 100 in London opened higher on Tuesday, with oil major BP at the top of the index, thanks to its new share buyback programme.

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6 Feb 2024 07:47

LONDON BRIEFING: BP promises buyback despite drop in profit

(Alliance News) - Stocks in London are called to open higher, ahead of a slew of construction purchasing managers' index readings from the eurozone, the UK and Germany.

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6 Feb 2024 07:02

BP unveils $1.75bn buyback as 2023 profits halve on weaker oil price

(Sharecast News) - Shares in BP surged on Tuesday as the energy giant announced a $1.75bn share buyback despite a slump in annual profits as oil prices fell during 2023 from the spike caused by Russia's invasion of Ukraine.

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2 Feb 2024 17:12

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

(Alliance News) - Stock prices in London closed mixed, after hotter-than-expected US jobs data hit already precarious investor sentiment and all but ensured the Federal Reserve will not be cutting interest rates next month.

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2 Feb 2024 13:14

BP appoints Kate Thomson as its permanent finance chief

(Sharecast News) - BP announced the appointment of Kate Thomson as its new, permanent chief financial officer on Friday, effective immediately.

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2 Feb 2024 12:27

TOP NEWS: BP promotes Kate Thomson as permanent finance chief

(Alliance News) - BP PLC on Friday named Kate Thomson as its permanent chief financial officer, after being in the interim role since September.

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2 Feb 2024 12:09

LONDON MARKET MIDDAY: Airlines up but oil falls on Middle East talks

(Alliance News) - Stock prices in London were higher at midday Friday, ahead of the afternoon's US jobs data, as earnings from tech behemoths overnight lifted investor morale.

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2 Feb 2024 08:54

LONDON MARKET OPEN: European stocks lifted on Wall Street's gains

(Alliance News) - Stock prices in London opened higher on Friday, closing of a busy week of monetary policy decisions.

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1 Feb 2024 17:03

LONDON MARKET CLOSE: Stocks down on hawkish BoE interest rates hold

(Alliance News) - Stock prices in London closed down on Thursday after the Bank of England left interest rates on hold in a split decision that was hawkish on expectations of rate cuts.

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1 Feb 2024 12:22

LONDON MARKET MIDDAY: BoE keeps bank rate on hold in split decision

(Alliance News) - London's FTSE 100 was on the up on Thursday afternoon after the Bank of England left interest rates on hold on Thursday, in a split decision.

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1 Feb 2024 10:06

New UK oil and gas exploration licences approved in the North Sea

(Alliance News) - The UK's oil and gas regulator has awarded 24 new exploration licences to 17 separate companies in a move that has been welcomed by a trade body but condemned by climate campaigners.

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1 Feb 2024 08:50

LONDON MARKET OPEN: Shells begins USD3.5 billion buyback; eyes on BoE

(Alliance News) - Stock prices in London opened mixed, ahead of the Bank of England's first interest rate decision of the year.

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30 Jan 2024 15:28

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
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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29 Jan 2024 17:25

London close: Stocks turn weaker ahead of busy week for earnings

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

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