London close: Stocks down as PMI rises, consumer sentiment slips
24th Jan 2025 16:21
(Sharecast News) - London stocks ended lower on Friday as investor sentiment weakened following a decline in consumer confidence and another drop in private sector employment.
Read moreBP to slash 5% of global workforce
16th Jan 2025 11:33
(Sharecast News) - BP is to slash its global workforce and axe contractor roles, it confirmed on Thursday, as part of ongoing plans to cut costs and boost profits.
Read moreLondon close: Stocks mixed on cooler-than-expected US producer inflation
14th Jan 2025 15:00
(Sharecast News) - London's equity markets closed Tuesday in mixed territory as investors assessed new producer price data from across the pond, as well as the implications of a heavily oversubscribed UK government bond auction.
Read moreBP reports lower Q4 production, flags higher full-year charges
14th Jan 2025 07:36
(Sharecast News) - Energy major BP said it now expects to report lower upstream production for the fourth quarter, while tax charges and foreign exchange losses for the full year will be greater than previously expected.
Read moreLondon close: Stocks fall, pound weakens further on rising bond yields
13th Jan 2025 15:19
(Sharecast News) - London stocks ended Monday in negative territory, pressured by rising bond yields and diminished expectations for near-term interest rate cuts.
Read moreLondon close: Stocks fall after better-than-expected US payrolls
10th Jan 2025 16:11
(Sharecast News) - London stocks ended the week lower, with investors reacting to a better-than-expected US nonfarm payrolls report during the afternoon.
Read moreLondon close: Stocks finish first week of 2025 weaker
3rd Jan 2025 17:12
(Sharecast News) - London stock markets closed in the red on Friday as sharp declines in airline, mining, and housebuilding stocks weighed on indices, with a lack of significant news and profit-taking following a recent rally dampening sentiment.
Read moreLondon close: Stocks weaker as UK unemployment holds steady
17th Dec 2024 14:52
(Sharecast News) - London's stock markets closed lower on Tuesday as fresh UK jobs data signalled a likely pause by the Bank of England in its interest rate policy this week.
Read moreLondon close: FTSE maintains gains on China stimulus hopes
9th Dec 2024 14:59
(Sharecast News) - London's stock markets closed with a mixed performance on Monday, as optimism over potential economic stimulus in China provided a boost to mining stocks.
Read moreBP and JERA to merge offshore wind businesses in new joint venture
9th Dec 2024 11:11
(Sharecast News) - Shares in BP shot up on Monday after the energy giant said it had partnered with Japan's largest power generation company to combine their offshore wind operations.
Read moreLondon close: Stocks higher amid Korean political turmoil
3rd Dec 2024 16:30
(Sharecast News) - London's equity markets closed higher on Tuesday as upbeat sentiment in the retail and travel sectors buoyed investors, with the world's attention on sudden political instability in South Korea.
Read moreLondon close: Stocks mixed on eve of US presidential election
4th Nov 2024 15:13
(Sharecast News) - London markets closed with mixed results on Monday, as investors prepared for a week laden with key political and economic events, including the upcoming US presidential election and anticipated policy statements in both the UK and US.
Read moreLondon close: Stocks slip ahead of US tech earnings, UK Budget
29th Oct 2024 16:28
(Sharecast News) - London stocks closed in the red on Tuesday, amid mixed corporate earnings and investor caution ahead of big US tech results and the UK's Budget announcement.
Read moreProfits fall at BP on weaker oil demand
29th Oct 2024 07:02
(Sharecast News) - BP posted a slide in quarterly profits on Tuesday, hit by weaker refining margins, although the decline was not as steep as feared.
Read moreLondon close: Stocks close higher as investors look to Budget
28th Oct 2024 15:17
(Sharecast News) - London stocks had swung back into positive territory by the close on Monday, as investors prepared for a number of upcoming corporate earnings reports and the Autumn Budget.
Read more