Tue, 27th Oct 2015 08:28
** Oil major BP up 2 pct, top of the FTSE 100, after reporting Q3 profit ahead of analysts' estimates
** Co reports Q3 underlying replacement cost profit of $1.8bln, compared with analysts' consensus of $1.2 bln
** Co also announces further spending cuts and asset salesto tackle an extended period of low oil prices
** Stock one of only two gainers on Stoxx 600 Oil and GasIndex, which is down 0.6 pct (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)
Energy shares hit over two-month lows, biggest drag *
(Sharecast News) - Commodity related stocks were the chief drag on the FTSE 350 amid a combination of growth concerns and risk aversion.
FTSE 100 down 0.4%, FTSE 250 falls 0.9% *
(Alliance News) - Stock prices in London closed lower on Tuesday, with New York tracking down, amid some disappointing economic data from the US.
(Alliance News) - Stock prices in London were lower at midday Tuesday, with oil majors BP and Shell dragging the index lower as oil prices took a hit.
BP (BP.)