FTSE 100 movers: BP recovers despite dividend concerns

11th Jun 2010 16:31

BP is the largest riser in the Footsie, despite rumours that the company is planning to suspend dividend payments. The suggestion is that it will instead put the money in escrow, ready to be released to shareholders once the company knows how much it will have to pay out in relation to the Gulf of Mexico oil spill disaster. The fallers are dominated by financials and mining companies. Standard Chartered is out of favour on rumours it is preparing to splash out $1.4bn on a 46% stake in Indonesia's Panin Bank. FTSE 100 - RisersBP (BP.) 390.10p +6.73%Cable & Wireless Worldwide (CW.) 88.40p +4.00%London Stock Exchange Group (LSE) 619.00p +3.08%Tullow Oil (TLW) 1,153.00p +2.85%GlaxoSmithKline (GSK) 1,195.50p +2.75%BT Group (BT.A) 135.30p +2.66%Cairn Energy (CNE) 417.20p +2.28%BG Group (BG.) 1,093.00p +2.15%AstraZeneca (AZN) 3,047.00p +1.94%Home Retail Group (HOME) 232.70p +1.93%FTSE 100 - FallersAggreko (AGK) 1,415.00p -3.94%Lloyds Banking Group (LLOY) 54.15p -3.15%Prudential (PRU) 535.00p -2.64%Royal Bank of Scotland Group (RBS) 42.11p -2.43%Standard Chartered (STAN) 1,613.00p -2.18%Antofagasta (ANTO) 853.00p -2.18%Anglo American (AAL) 2,564.50p -2.17%Invensys (ISYS) 273.10p -2.15%Sage Group (SGE) 241.30p -1.99%Rio Tinto (RIO) 3,198.00p -1.96%