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Share Price Information for BP (BP.)

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Share Price: 488.15
Bid: 488.05
Ask: 488.20
Change: -3.10 (-0.63%)
Spread: 0.15 (0.031%)
Open: 488.80
High: 489.10
Low: 487.10
Prev. Close: 491.25
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Tuesday preview: Traders watching St.James Place, BP and French vote

Mon, 28th Apr 2014 17:12

The Tuesday session will see a raft of corporate results hit the tape in London, including finals from the likes of Petropavlovsk and Whitbread, alongside interim management statements from Jardine Lloyd Thompson Group, National Express Group, Redrow and SEGRO. For its part, St.James's Place will update investors on its first quarter results, as will BP and Santander. Analysts at Numis believe that St. James's Place will report APE sales (under the historical reporting format) of £222.5m with funds under management (FuM) printing at £45.4bn (with net flows £1.0bn and performance £0.1bn) and EEV/share between 572p-596p. "We think the share price fairly reflects the growth and risk prospects. We would therefore suggest that long -term investors continue to hold the shares for the fundamentals driven growth still expected to come through, but would not strongly advocate allocating fresh capital given the current valuation," the broker told clients in a report. In the case of BP investors will be watching for information regarding the impact which rising gas prices have had on the firm, as well on the impact which the recent crisis may be having on Rosneft - via the weakening rouble.On the macroeconomic front the most pertinent bit of information may be the result of a confidence vote on the recently proposed economic reform measures in France.Economists will also be watching the latest harmonised German consumer price data for the month of April. That will come in the run-up to Wednesday's 'flash' estimate of the Eurozone-wide CPI. The European Union's statistical office, Eurostat, is expected reveal that CPI rose by between 0.8% and 0.9% year-on-year in the euro area, after inflation slowed to a 0.5% pace in March. The CPI report is expected to reflect higher prices for services, especially travel-related, around the Easter holidays (which were in March last year), Barclays Research explained. In the UK ONS will release its first estimate of first quarter gross domestic product (GDP). Some economists believe the UK's economy grew at no less than a 0.9% per cent clip quarter-on-quarter, which might make for a slightly positive read at the Bank of England, given the current focus on the still depressed levels of labour productivity. Stateside, Standard&Poor's will release its Case Shiller index for house prices and the Conference Board the results of its latest consumer confidence survey. Tuesday will also see the start of a two day policy meeting of the US Federal Reserve. Lastly, as always, traders will keep one eye trained on all things Ukraine (Russia). Somewhat ironically, over the weekend Erik F.Nielsen, Unicredit Research's Global Chief Economist, highlighted how the current crisis in Russia will push the EU towards further integration and away from the Russian Federation in terms of its energy needs, exactly the opposite of what Moscow would like in the long-term. Tuesday, April 29thINTERIMSInfrastrata, UtilitywiseINTERNATIONAL ECONOMIC ANNOUNCEMENTSBalance of Payments (GER) (07:00)Business Climate Indicator (EU) (10:00)Consumer Confidence (US) (15:00)Economic Sentiment Indicator (EU) (10:00)M3 Money Supply (EU) (09:00)FINALSEspirito Santo Financial Group SA, Huntsworth, Incadea, JQW, LiDCO Group, Lifeline Scientific Inc. (Reg S), Petropavlovsk, TLA Worldwide , Walker Greenbank, WhitbreadANNUAL REPORTAfren, Societatea Nationala De Gaze Naturale Romgaz S.A. GDR (Reg S)IMSSFBD Holdings, Jardine Lloyd Thompson Group, National Express Group, Redrow, SEGROAGMSBodycote, Capital Drilling Ltd. (DI), Essentra, FBD Holdings, Global Ports Investments GDR (REG S), Henderson Opportunities Trust, IBM Corp., Jardine Lloyd Thompson Group, JPMorgan US Smaller Co. Inv Tst, Murray International Trust, Murray International Trust 'B' Shares, Powerflute Oyj (DI), Servelec Group , Shire Plc, Thalassa Holdings Ltd. (DI), The Renewables Infrastructure Group Limited, Wolfson MicroelectronicsTRADING ANNOUNCEMENTSCarphone Warehouse Group, Stagecoach GroupUK ECONOMIC ANNOUNCEMENTSGDP (Preliminary) (09:30)Index of Services (09:30)FINAL DIVIDEND PAYMENT DATEAnglo American, LSL Property ServicesQ1Banco Santander S.A. (CDI), BP, St James's PlaceAB
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18 Apr 2024 14:12

UK shareholder meetings calendar - next 7 days

Friday 19 April 
Murray International Trust PLCAGM
Quantum Exponential Group PLCGM re delisting or potential investment in company
Monday 22 April 
Renalytix PLCGM
Travis Perkins PLCAGM
Tuesday 23 April 
AIQ LtdAGM
NatWest Group PLCAGM
Taylor Wimpey PLCAGM
Wednesday 24 April 
abrdn PLCAGM
abrdn Equity Income Trust PLCAGM
AssetCo PLCAGM
Breedon Group PLCAGM
British American Tobacco PLCAGM
Bunzl PLCAGM
Coro Energy PLCAGM
Croda International PLCAGM
Entain PLCAGM
Greencoat UK Wind PLCAGM
Primary Health Properties PLCAGM
Serco Group PLCAGM
Synectics PLCAGM
Thursday 25 April 
AFC Energy PLCAGM
Admiral Group PLCAGM
Beazley PLCAGM
BP PLCAGM
CLS Holdings PLCAGM
CRH PLCAGM
Dalata Hotel Group PLCAGM
Develop North PLCAGM
Drax Group PLCAGM
Everest Global PLCAGM
Greencoat Renewables PLCAGM
Hammerson PLCAGM
Helios Towers PLCAGM
Hikma Pharmaceuticals PLCAGM
International Biotechnology Trust PLCAGM
London Stock Exchange Group PLCAGM
Manx Financial Group PLCAGM
Mattioli Woods PLCGM re Pollen Street Capital Ltd takeover
Persimmon PLCAGM
Premier Miton Global Renewables Trust PLCAGM
Relx PLCAGM
Schroders PLCAGM
Smithson Investment Trust PLCAGM
Tissue Regenix Group PLCAGM
Weir Group PLCAGM
  
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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18 Apr 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 up despite hawkish Fed rates outlook

(Alliance News) - Stock prices in London were higher on Thursday afternoon, despite the prospect of higher for longer US interest rates hanging over stocks.

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18 Apr 2024 09:04

IN BRIEF: BP trims executive team in operational restructuring

BP PLC - London-based oil and gas major - Announces organisational restructuring. Intends to keep its three businesses - production & operations, gas & low carbon energy and customers & products - enabled by trading & shipping. Plans to integrate the current regions, corporates & solutions organisation into the businesses and functions. BP will now be supported by five functions: finance; technology; strategy, sustainability & ventures; people & culture; and legal. BP explains these changes will "reduce duplication and reporting line complexity".

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18 Apr 2024 08:11

BP cuts size of executive team, shakes up structure

(Sharecast News) - BP has trimmed its executive team as part of a shake-up of its organisational structure, it was confirmed on Thursday.

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17 Apr 2024 18:58

Shell urges investors to reject shareholder group's climate demands

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17 Apr 2024 17:36

Sustainable Finance Newsletter - Republican AGs look to limit climate groups

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Shell urges investors to reject shareholder group's climate demands

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17 Apr 2024 10:38

Carbon Done Right advances Sierra Leone rewilding project

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15 Apr 2024 17:10

LONDON MARKET CLOSE: Investors show nerves after Iran launches drones

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15 Apr 2024 15:39

London close: Stocks slip on renewed geopolitical tensions

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

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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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13 Apr 2024 16:52

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

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