Sector movers: Oil majors catch a bid after nearly a month of share price declines
10th Jun 2024 23:46
(Sharecast News) - Oil & Gas shares caught a bid on Monday, tracking a rebound in oil prices after about two month's of losses, despite strength in the Greenback.
Read moreSector movers: Miners, Big Oil weigh on FTSE 350
4th Jun 2024 17:03
(Sharecast News) - Commodity related stocks were the chief drag on the FTSE 350 amid a combination of growth concerns and risk aversion.
Read moreLondon close: Stocks mixed as ex-divs drag on FTSE
16th May 2024 16:53
(Sharecast News) - London stocks ended mixed on Thursday, following a flurry of corporate news and a focus on US unemployment figures.
Read moreLondon close: Stocks jump on return from long weekend
7th May 2024 16:32
(Sharecast News) - London markets closed on a high note on Tuesday, as the top-flight index surged to record highs, buoyed by positive momentum from the US and European markets.
Read moreBP in $1.75bn buyback as Q1 profits fall on weaker prices, margins
7th May 2024 07:02
(Sharecast News) - BP reported a worse-than-expected fall in first-quarter profit on the back of lower oil and gas prices, an outage at a US refinery and "significantly weaker" fuels margins as it also started a $1.75bn share buyback.
Read moreSector movers: Oil, Autos drag on FTSE 350
1st May 2024 18:30
(Sharecast News) - Weakness in the oil patch and among select cyclicals dragged on the FTSE 350 in the middle of the week.
Read moreBP cuts size of executive team, shakes up structure
18th Apr 2024 08:11
(Sharecast News) - BP has trimmed its executive team as part of a shake-up of its organisational structure, it was confirmed on Thursday.
Read moreLondon close: Stocks slip on renewed geopolitical tensions
15th Apr 2024 15:39
(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.
Read moreSector movers: Investors seek out safe havens across all asset classes
13th Apr 2024 16:52
(Sharecast News) - Commodity plays were again sought out at the end of the week after The Wall Street Journal said that an Iranian attack against Israel was thought to be imminent.
Read moreLondon close: Stocks mixed as data shows UK GDP growth
12th Apr 2024 14:45
(Sharecast News) - London's markets closed with a mixed performance on Friday, as investors digested the latest GDP data suggesting an end to the recession in the UK.
Read moreUAE's ADNOC said to have recently considered BP takeover
12th Apr 2024 07:56
(Sharecast News) - The United Arab Emirates' state-owned oil company recently considered buying BP but the deliberations did not progress beyond preliminary discussions, according to a report.
Read moreLondon close: Stocks slip ahead of ECB, US inflation print
9th Apr 2024 15:12
(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.
Read moreBP sees higher Q1 upstream production
9th Apr 2024 07:24
(Sharecast News) - Oil giant BP said it expected first-quarter upstream production to be higher than the previous three months.
Read moreSector movers: Builders and REITS slip, geopolitics boost Big Oil and gold miners
2nd Apr 2024 23:07
(Sharecast News) - Personal Goods was at the bottom of the pile on the FTSE 350 at the start of the second quarter, as fashion retailer Burberry Group's shares fell back towards their five-year lows.
Read moreLondon close: Stocks turn red on return from Easter break
2nd Apr 2024 15:22
(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.
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