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FTSE 100 movers: Oil prices drive Shell and BP up; Glencore nearly back to Friday levels

Thu, 01st Oct 2015 13:41

(ShareCast News) - The FTSE 100 was up 47.61 (0.79%) mid-afternoon Thursday to 6,109.22London Stock Exchange Group led the risers after Barclays upgraded sharemarket organiser and transaction services provider Deutsche Boerse from underweight to overweight.Pearson was also a beneficiary of a positive broker note, after Citigroup reinstated coverage of the stock at buy with a 1,425p price target. It pointed to the scope for improving revenue trends, better free cash flow and scope for accretive cash usage.And both sets of Royal Dutch Shell shares continued to bounce back from news earlier this week that it was pulling out of drilling in the Arctic. Shares jumped up following a rise in oil prices due to data showing an increase in global demand over the first half of the year. Estimates from the Joint Oil Data Initiative revealed that across 59 countries an average of 71.4m barrels were used per day over the six month period, up 3.3% year-on-year. That also sent BP shares up for the day.Glencore looked like it made a complete recovery in the morning, bouncing back from Monday's new 52 week lows. However it wasn't to remain that way with shares dipping slightly afterwards.And after a stunning day on Wednesday on the back of a positive trading update from Sainsbury, supermarkets Tesco, WM Morrison Supermarkets and Sainsbury dipped back down again.Today also marked the ex-dividend date for WM Morrison.FTSE 100 - RisersLondon Stock Exchange Group (LSE) 2,501.00p +3.39%Pearson (PSON) 1,160.00p +2.93%BP (BP.) 343.35p +2.80%Johnson Matthey (JMAT) 2,509.00p +2.49%Royal Dutch Shell 'B' (RDSB) 1,599.50p +2.34%Royal Dutch Shell 'A' (RDSA) 1,589.00p +2.25%Meggitt (MGGT) 486.40p +2.14%BG Group (BG.) 969.10p +1.90%Randgold Resources Ltd. (RRS) 3,935.00p +1.89%Berkeley Group Holdings (The) (BKG) 3,401.00p +1.83%FTSE 100 - FallersGlencore (GLEN) 88.97p -2.82%Morrison (Wm) Supermarkets (MRW) 161.80p -2.59% - EX-DIVTesco (TSCO) 179.30p -2.13%Centrica (CNA) 225.20p -1.75% - EX DIVIDENDSainsbury (J) (SBRY) 256.80p -1.61%Imperial Tobacco Group (IMT) 3,362.00p -1.49%Coca-Cola HBC AG (CDI) (CCH) 1,385.00p -0.86%British American Tobacco (BATS) 3,612.50p -0.84%CRH (CRH) 1,728.00p -0.75%Burberry Group (BRBY) 1,359.00p -0.66%
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21 Dec 2021 18:32

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21 Dec 2021 12:00

Oman's gas project for block 10 in Saih Rawl filed is expected to reach production of 0.5 bln cubic feet per day - ministry

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21 Dec 2021 09:41

UPDATE 2-European shares rebound from Monday sell-off as energy stocks, miners jump

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20 Dec 2021 11:27

Britain consults on climate checks for new oil and gas licences

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20 Dec 2021 09:54

UPDATE 2-UK shares fall as Omicron concerns hit commodity, travel stocks

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17 Dec 2021 17:04

LONDON MARKET CLOSE: FTSE 100 outperforms Europe as Omicron cases rise

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17 Dec 2021 16:35

UPDATE 4-Brazil's oil auction raises $2 billion as Total, Shell pile in

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17 Dec 2021 16:35

UPDATE 3-Brazil's offshore field raise $2 billion as Total, Shell pile in

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17 Dec 2021 16:35

UPDATE 2-Total, Shell pile into Brazil's offshore fields in $2 billion sale

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17 Dec 2021 16:35

UPDATE 1-Foreign oil firms pile into Brazil's offshore fields in $2 billion sale

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17 Dec 2021 11:24

Just Eat adds Asda to platform, first UK partnership in grocery sector

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17 Dec 2021 11:00

Top oil majors set for 2nd shot at coveted Brazil 'pre-salt' offshore fields

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17 Dec 2021 09:52

IN BRIEF: Smart Metering extends exclusivity agreement with Shell

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17 Dec 2021 07:59

Just Eat strikes first British grocery deal with Asda

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17 Dec 2021 07:51

LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit

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