FTSE 100 movers: BP continues to suffer

24th May 2010 15:02

BP's woes in the Gulf of Mexico are dragging down its peers and the Footsie. The oil disaster in the Gulf of Mexico has cost BP about $760m (£525m) so far and the under-fire oil giant faces being "pushed out of the way" if its clean-up operation doesn't do better. A week ago, the cost was estimated at about $625m.So far 23,000 claims have been filed in relation to the MC252 oil well spill and 9,000 have already been paid. Cairn Energy, Tullow Oil and Royal Dutch Shell are also among the worst performers.There was a negative reaction to full year figures from Invensys, whose profit growth was slower than analysts would have liked, but the engineer still has a large order book.Higher metals prices are boosting Rio Tinto, Xstrata, Randgold Resources and Anglo American. FTSE 100 - RisersSABMiller (SAB) 1,905.00p +2.31%Reckitt Benckiser Group (RB.) 3,252.00p +2.14%Rio Tinto (RIO) 2,971.00p +2.13%Imperial Tobacco Group (IMT) 1,794.00p +1.82%Sainsbury (J) (SBRY) 321.90p +1.67%Xstrata (XTA) 963.90p +1.46%Randgold Resources (RRS) 5,735.00p +1.33%Rolls-Royce Group (RR.) 571.00p +1.24%Marks & Spencer Group (MKS) 331.10p +1.22%Anglo American (AAL) 2,509.00p +1.21%FTSE 100 - FallersBP (BP.) 488.25p -3.64%Cairn Energy (CNE) 373.80p -3.14%Capita Group (CPI) 777.00p -2.75%Invensys (ISYS) 279.00p -2.55%Schroders (SDR) 1,288.00p -1.75%Royal Dutch Shell 'B' (RDSB) 1,714.50p -1.72%Tullow Oil (TLW) 1,035.00p -1.52%Royal Dutch Shell 'A' (RDSA) 1,788.00p -1.51%Royal Bank of Scotland Group (RBS) 44.69p -1.24%Lloyds Banking Group (LLOY) 55.12p -1.22%