The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 503.70
Bid: 503.80
Ask: 503.90
Change: 0.00 (0.00%)
Spread: 0.10 (0.02%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 503.70
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 2-Consumer staples, energy stocks boost FTSE 100; delayed reopening cap gains

Tue, 15th Jun 2021 16:52

(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)

* UK payrolled employees surge by 197,000 in May

* Subprime lender NSF slides on equity raise plans

* FTSE 100 up 0.4%, FTSE 250 off 0.5%
(Updates to close)

By Devik Jain and Amal S

June 15 (Reuters) - London's FTSE 100 equity index ended
higher on Tuesday, lifted by gains in consumer staples and
energy stocks, although a delay in lifting remaining COVID-19
restrictions in England curbed sentiment across the overall
market.

The blue-chip index rose 0.4% to its highest close
since February 2020 highs. Dollar-earning consumer staples
stocks, including Unilever, Reckitt Benckiser Group
, British American Tobacco and Diageo Plc
gained between 0.58% and 1.77%, on the weaker pound.

Energy stocks gained 0.32% as oil majors
including BP and Royal Dutch Shell gained 0.7%
and 1.8% respectively, tracking crude prices.

The domestically focused mid-cap FTSE 250 index fell
0.5%. Prime Minister Boris Johnson pushed back plans to lift
most remaining COVID-19 restrictions to July 19, citing the
rapid spread of the more infectious Delta variant.

Travel and leisure stocks fell 0.8%, with
Flutter Entertainment Plc and Entain Plc among
the top decliners.

There was good news however on the jobs front, as the number
of employees on British company payrolls surged by a record
197,000 in May as COVID-19 restrictions eased, tax data
showed.

Meanwhile global markets including London are focused on the
U.S. Federal Reserve meeting for clues to a
sooner-than-expected tapering of its monetary policy, prompted
by rising inflation.

"The latest test of the market's more relaxed attitude over
rising prices is likely to come with the next meeting of the
Federal Reserve tomorrow when its position on rates and stimulus
will be announced," said Russ Mould investment director at AJ
Bell.

The FTSE 100 and the FTSE 250 have gained more than 11% this
year, but they have oscillated in a narrow range since mid-April
on worries that a COVID-19 resurgence might crimp the recovery,
and rapid economic growth could lead to higher inflation.

Among stocks, Boohoo Group Plc gained 1.07% after
the British online fashion retailer reported a 32% rise in sales
in its latest quarter benefiting from rising demand as lockdown
restrictions eased.

However, Non-Standard Finance slipped 17.2% as the
subprime lender plans to raise around 80 million pounds ($112.98
million) in the third quarter potentially through a share
sale.
(Reporting by Devik Jain and Amal S in Bengaluru)

More News
17 Jan 2024 07:46

LONDON BRIEFING: UK inflation surprises as unexpectedly rises to 4.0%

(Alliance News) - Stocks in London are called to open lower on Wednesday, following some hotter-than-expected consumer price data from the UK.

Read more
17 Jan 2024 07:11

BP names acting CEO Murray Auchincloss as permanent leader

(Sharecast News) - BP has named its former chief financial officer Murray Auchincloss as its permanent chief executive, after having served in an interim capacity for the past four months.

Read more
16 Jan 2024 21:28

PRESS: BP close to naming acting CEO Auchincloss as permanent chief

(Alliance News) - Directors of BP PLC were meeting on Tuesday evening to finalise the appointment of Murray Auchincloss, the company's acting chief executive, as its permanent boss, according to a report.

Read more
16 Jan 2024 16:38

Shell halts Red Sea shipments over attack fears from Yemeni rebels

(Alliance News) -London-based oil major Shell PLC has paused transit through the key Red Sea shipping route indefinitely, over fears of escalating tensions involving Yemen's Houthi rebels, according to a media report on Tuesday.

Read more
16 Jan 2024 13:13

Shell in Nigeria

LONDON, Jan 16 (Reuters) - Shell pioneered Nigeria's oil and gas industry and remains a major investor in the West African country even after exiting its onshore operations. But over the decades the British company has come under fire over spills in the Delta region and struggles with oil theft, corruption and oil-fuelled violence.

Read more
12 Jan 2024 15:39

London close: Stocks rise on positive UK economic data

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

Read more
8 Jan 2024 19:48

Shell signs 20-year purchase deal with Canadian Ksi Lisims LNG project

Jan 8 (Reuters) - Global gas giant Shell has agreed to buy two million metric tons of liquefied natural gas (LNG) per year from Ksi Lisims LNG, partners in the proposed Canadian project said on Monday.

Read more
8 Jan 2024 16:59

LONDON MARKET CLOSE: Stocks mixed as eyes on US inflation data

(Alliance News) - Stock prices in London closed mixed Monday, with oil majors holding down higher gains in the FTSE 100 index.

Read more
8 Jan 2024 16:38

London close: Stocks manage positive finish after mixed session

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

Read more
8 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms in muted start to week

(Alliance News) - Stock prices in London traded lower at the start of the week, with oil firms weighing on then FTSE 100, as investors look ahead to the week's key inflation prints.

Read more
8 Jan 2024 08:40

LONDON MARKET OPEN: Commodity-heavy FTSE 100 heads lower; Shell slips

(Alliance News) - The FTSE 100 kicked off the week on a downbeat note at Monday's market open, amid share price falls for commodity stocks.

Read more
6 Jan 2024 12:29

BP investors want oil firm to approach BAE chief as CEO- Sky News

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach BAE Systems Chief Executive Charles Woodburn about becoming the British oil giant's next boss, Sky News reported on Saturday, citing unidentified sources.

Read more
6 Jan 2024 11:38

BP investors want oil behemoth to target BAE chief as CEO- Sky News

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach Charles Woodburn, the BAE Systems chief executive, about becoming the company's next boss, Sky news reported on Saturday. (Reporting by Devika Nair in Bengaluru; Editing by Jan Harvey)

Read more
4 Jan 2024 16:54

LONDON MARKET CLOSE: Stocks up ahead of US nonfarm payrolls

(Alliance News) - Stock prices in London closed higher on Thursday, as investors eye the latest US non-farms data.

Read more
4 Jan 2024 13:07

London close: Stocks rise as US jobless claims slow

(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.

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.