FTSE 100 movers: BP leads the way

27th Oct 2009 14:42

Shares in BP are higher after the oil giant kicked off the oil majors results season on Tuesday with third quarter figures that showed a smaller than feared drop in profits.Peer BG Group, due to deliver third quarter results tomorrow, is also higher. Drug group GlaxoSmithKline is another FTSE 100 releasing results tomorrow and its shares are higher too, as are those of fellow drug group AstraZeneca, whose numbers are out the following day.Publisher Reed Elsevier is wanted after Exane BNP Paribas raised the stock to 'outperform' from 'neutral'.Banking stocks are lower amid nervousness over an announcement from the European Commission on state aid. Dutch bank ING recently announced that it was splitting into two to appease European regulators. RBS and Lloyds, which like ING received state aid, are lower.FTSE 100 - RisersBP (BP.) 589.90p +4.02%Reed Elsevier (REL) 473.00p +3.32%Home Retail Group (HOME) 307.70p +3.05%GlaxoSmithKline (GSK) 1,264.50p +2.80%Cable & Wireless (CW.) 148.70p +2.13%BG Group (BG.) 1,146.00p +2.00%United Utilities Group (UU.) 448.30p +1.89%AstraZeneca (AZN) 2,828.00p +1.89%Tesco (TSCO) 395.25p +1.87%Smith & Nephew (SN.) 545.50p +1.87%FTSE 100 - FallersRoyal Bank of Scotland Group (RBS) 42.01p -5.44%Vedanta Resources (VED) 2,221.00p -4.80%Man Group (EMG) 332.30p -4.02%Fresnillo (FRES) 796.00p -3.63%Barclays (BARC) 340.25p -3.50%Lloyds Banking Group (LLOY) 86.37p -3.32%Schroders NV (SDRC) 942.00p -3.09%ICAP (IAP) 426.10p -2.98%London Stock Exchange Group (LSE) 855.00p -2.79%Schroders (SDR) 1,154.00p -2.62%