ADVFN - Advanced Financial Network.
HOME» NYSE » B » BP Stock Price » BP Stock News

Bp Share News

 Bp P.l.c. Stock Price
BP Stock Price
 Bp P.l.c. Stock Chart
BP Stock Chart
 Bp P.l.c. Stock News
BP Stock News
 Bp P.l.c. Company Information
BP Company Information
 Bp P.l.c. Stock Trades
BP Stock Trades

LONDON MARKETS: FTSE 100 Trims Weekly Loss As Banks, Resources Gain

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- Resource firms and banks led the U.K.'s FTSE 100 index higher on Friday, as investors remained optimistic about the future of monetary policy in the U.S. after Federal Reserve Chairwoman nominee Janet Yellen defended quantitative easing. The benchmark index climbed 0.4% to 6,693.36, trimming its weekly loss to 0.2%. The gain was a continuation of advances seen in global stock markets on Thursday, after Yellen at her confirmation hearing at the Senate Banking Committee said the benefits of Fed stimulus outweigh the costs and that the central bank will maintain its asset-purchase program until the U.S. economy is stronger. She also eased concerns that bubbles are forming in the equity markets. Investors have worried that some recent upbeat economic data would bring forward the timing of tapering the bank's asset purchases, but the remarks from Yellen calmed fears of an imminent reduction in bond buys. The biggest gainers on Friday were in sectors that are sensitive to monetary easing and typically rise when investors are willing to take on more risk. Among banks, Royal Bank of Scotland Group PLC (RBS) put on 1.1%, and HSBC Holdings PLC (HBC) gained 0.3%. In the resource sector, oil giant Royal Dutch Shell PLC (RDSB) climbed 1.5%, BP PLC (BP) gained 0.8%, and BG Group PLC added 0.6%. Oil prices were slightly higher. Among miners, Anglo American PLC added 1.4%, BHP Billiton PLC (BHP) rose 1.4%, and Rio Tinto PLC (RIO) picked up 0.5%. Metals prices, however, were lower across the board. Bucking the positive trend in the mining sector, shares of Vedanta Resources PLC slid 6.8% after the company said it swung to a first-half loss due to lower commodity prices and a continued ban on iron ore mining in two key Indian states, as well as due to foreign exchange losses and higher net interest expenses. Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Bp (BP)
DateTimeHeadline
09/16/201400:42:57U.K. Companies Donate Little to Camps in Scottish Independence...
09/16/201400:36:50LONDON MARKETS: Oil Firms Pull FTSE 100 Lower; SABMiller Jumps
09/10/201418:41:02U.S Readies New Energy Sanctions on Russia -- Update
09/09/201406:03:48LONDON MARKETS: FTSE 100 Falls For Third Straight Day
09/09/201402:25:11Technip Gets Offshore Contract in Trinidad and Tobago
09/05/201413:22:11EUROPE MARKETS: Europe Stocks Hold To Losses After Ukraine Cease-fire...
09/05/201413:14:08EUROPE MARKETS: BP Gains, LSE Limps: European Share Movers
09/05/201412:49:15LONDON MARKETS: BP Outperforms, RBS Drops In London Trade
09/05/201409:49:05U.S. Hot Stocks: Hot Stocks to Watch
09/05/201408:37:04EUROPE MARKETS: BP Shares Gain, LSE Limps: European Share Moves
09/05/201404:15:09LONDON MARKETS: Metals Stocks Fall In London, But Weekly Rise...
09/04/201417:46:25ADR Shares End Lower; BP Shares Trade Actively
09/04/201412:41:07EUROPE MARKETS: Europe Stocks Rise As ECB Ramps Up Low-inflation...
09/04/201412:29:09LONDON MARKETS: BP Slides In London, Paring Gain For FTSE 100
09/04/201411:54:07BP PLC Statement re Gulf of Mexico
09/04/201409:20:09BP Signs Fresh Deal On Iraq Production Goals
09/03/201419:09:29Atlantic Richfield, DuPont to Pay $26 Million in Cleanup Settlement
09/03/201419:00:54Atlantic Richfield, DuPont Agree to Pay $26 Million in Cleanup...
08/28/201414:17:01European Stocks Hit by Renewed Ukraine Tensions -- 3rd Update
08/20/201417:41:52ADR Shares End Mixed; Luxottica Shares Active

Bp and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad