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BP. Bp Plc

495.70
2.90 (0.59%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bp Plc LSE:BP. London Ordinary Share GB0007980591 $0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.90 0.59% 495.70 496.00 496.10 498.75 493.30 495.45 36,110,224 16:35:27
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Petroleum Refining 211.6B 15.24B 0.8934 5.55 84.61B

EUROPE MARKETS: European Stocks Rebound; Stoxx 600 Up 1%

28/10/2014 5:20pm

Dow Jones News


Bp (LSE:BP.)
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By Sara Sjolin, MarketWatch

LONDON (MarketWatch) -- European stock markets broke a two-day losing streak on Tuesday. Heavyweights such as UBS AG, Novartis AG and BP PLC, which all posted solid quarterly -earnings reports, helped deliver a boost to region's markets.

The broad-based gains came after most European markets slumped on Monday, as banks moved sharply lower, in the wake of stress-test results from the European Central Bank and European Banking Authority. Read: Banks shares catch a cold even after surviving health check

Market reaction: The Stoxx Europe 600 index climbed 1% to close at 328.25 on Tuesday, recovering from a 0.6% slide on Monday.

Germany's DAX 30 index rallied 1.9% to 9,068.19, as all companies in the benchmark closed in positive territory.

France's CAC 40 index added 0.4% to 4,112.67, while the U.K.'s FTSE 100 index rose 0.6% to 6,402.17.

Earnings: Shares of Novartis rose 1.8% after the Swiss drug maker said third-quarter profit jumped 44%.

UBS (UBS) added 5.8% after the Swiss bank reported a rise in third-quarter earnings, although it said it was hit by 1.8 billion Swiss francs ($1.9 billion) in legal provisions.

BP (BP) rose 1.6%, after the energy major said it will raise dividends for the third quarter to 10 cents, a 5.3% increase on the year. The company also said Russia sanctions have had no material impact on the company, although it has felt a squeeze from the falling ruble.

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