London close: Stocks finish lower on global stability concerns

13th Oct 2023 16:45

(Sharecast News) - London stocks ended on a downbeat note on Friday after a hotter-than-expected US inflation print overnight, and escalating oil and gas prices fuelled anxiety across the board.

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London close: Stocks mixed as US inflation comes in slightly hot

12th Oct 2023 16:02

(Sharecast News) - London markets ended with a mixed outcome on Thursday, as investors digested a fresh inflation reading out of the US, as well as a slight uptick in the UK economy.

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Broker tips: BP, Rio Tinto, Hochschild Mining

11th Oct 2023 14:34

(Sharecast News) - Barclays said on Tuesday that it expects a positive reaction to the ongoing BP capital markets day.

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Barclays continues to see 'material upside' in BP to 1,000p a share

11th Oct 2023 13:53

(Sharecast News) - Barclays said on Tuesday that it expects a positive reaction to the ongoing BP capital markets day.

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London close: Stocks slip into red on growing Middle East concerns

9th Oct 2023 15:40

(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.

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BP CEO Bernard Looney steps down

12th Sep 2023 19:55

(Sharecast News) - BP said on Tuesday that chief executive Bernard Looney has resigned with immediate effect less than four years into the job, after failing to fully disclose past relationships with colleagues.

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Barclays keeps 1,000p target price for BP shares ahead of CMD

12th Sep 2023 14:04

(Sharecast News) - Analysts at Barclays stood by their 1,000.0p target price for shares of BP ahead of the oil major's next capital markets day.

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London close: Stocks fall on back of weak services data

5th Sep 2023 15:22

(Sharecast News) - London's stock markets ended the trading day in negative territory on Tuesday, pressured by a decline in sterling against the dollar on the back of disappointing services sector data.

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London midday: China concerns dampen sentiment on quiet day

14th Aug 2023 10:23

(Sharecast News) - London stock markets were struggling for direction on Monday morning, as fresh concerns about China's economy and an absence of any new economic data or corporate earnings prompted investors to exercise some caution.

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FTSE 100 movers: Commodity stocks rise, Hiscox sinks

9th Aug 2023 16:16

(Sharecast News) - Mining stocks were up across the board on Wednesday, clawing back losses after a poor showing the previous session as weak economic data from China fuelled concerns over demand.

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BP announces fresh share buyback, hikes interim dividend

1st Aug 2023 06:57

(Sharecast News) - BP announced a fresh share buyback programme and raised its dividend despite a sharp drop in first half profits.

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Tuesday preview: Global services PMIs, BP in the spotlight

31st Jul 2023 12:58

(Sharecast News) - The financial market spotlight on Tuesday would be on the latest survey readings and data out of the US.

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Sector movers: Big Oil drops amid caution around US debt ceiling, soft Chinese data

30th May 2023 17:06

(Sharecast News) - Big Oil was the main drag on the FTSE 350 at the start of the week as investors showed caution ahead of a key vote scheduled for the next day in the US House of Representatives on raising the government's debt ceiling deal.

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BP posts $5bn Q1 profit as windfall tax debate reignites

2nd May 2023 07:14

(Sharecast News) - The debate around windfall profits on energy companies was reignited on Tuesday when oil giant BP reported a better-than-expected first quarter profit of $5bn.

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G7 Russian and Australia to keep Russian oil price cap at $60 per barrel

17th Apr 2023 13:43

(Sharecast News) - G7 countries and Australia decided to maintain the current $60 a barrel price cap for seaborne crude oil supplies from Russia.

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