BP's Lower Than Expected Earnings Drag Down FTSE 100

Finance Nouvelles

BP's Lower Than Expected Earnings Drag Down FTSE 100
BPFTSE 100Earnings
  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 19 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 60%
  • Publisher: 78%

Britain's FTSE 100 ended October on a gloomy note as commodity-linked stocks, including BP, reported lower than expected quarterly earnings. The FTSE 100 slipped 0.1% and marked its worst monthly performance since May. BP shares dropped 4.6% after missing third-quarter earnings estimates.

Oct 31 - Britain's FTSE 100 ended October on a gloomy note on Tuesday dragged down by commodity-linked stocks with oil giant BP leading declines after it reported lower than expected quarterly earnings .

BP shares dropped 4.6%, to the bottom of the FTSE 100 after the oil company missed third-quarter earnings estimates, hurt by a large drop in energy prices from a year earlier. Capping losses, the aerospace and defence index gained 1.8%, led by a 6.6% rise in Rolls Royce to the top of the FTSE 100 after Barclays raised the stock to overweight from equal weight.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

KitcoNewsNOW /  🏆 13. in CA

BP FTSE 100 Earnings Commodity-Linked Stocks Quarterly Earnings Worst Monthly Performance Energy Prices Strategy Manufacturing Data Demand Concerns Aerospace And Defence Rolls Royce Barclays Mid-Cap FTSE 250

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

FTSE 100 rises on rate pause bets; Ascential jumps on $1.7 bln dealFTSE 100 rises on rate pause bets; Ascential jumps on $1.7 bln dealMarket News
Lire la suite »

Inside a B.C. loft that boasts a jaw-dropping rare plant collectionInside a B.C. loft that boasts a jaw-dropping rare plant collectionCharmaine, aka unplantparenthood, grows ‘around 100’ houseplants in her 900 sq ft. place.
Lire la suite »

Nearly 100 dead and missing in Mexico from hurricane, supply concerns persistNearly 100 dead and missing in Mexico from hurricane, supply concerns persistExplore stories from Atlantic Canada.
Lire la suite »

Nearly 100 dead and missing in Mexico from hurricane, supply concerns persistNearly 100 dead and missing in Mexico from hurricane, supply concerns persistExplore stories from Atlantic Canada.
Lire la suite »

Montreal Museum of Fine Arts celebrates 100 years of Françoise SullivanMontreal Museum of Fine Arts celebrates 100 years of Françoise SullivanA 100-year-old Montreal artist is being celebrated with an exhibition at the Montreal Museum of Fine Arts.
Lire la suite »

Coastal GasLink makes final weld in completed pipelineCoastal GasLink makes final weld in completed pipelineWith 100% of pipe in the ground, project now moves into clean-up
Lire la suite »



Render Time: 2025-03-01 16:26:30