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FTSE 100 movers: BP gushes higher; housebuilders retreat
London’s FTSE 100 was flat at 7,412. 69 in afternoon trade on Tuesday.
Travis Perkins slumps as Toolstation swings to loss
Travis Perkins was under the cosh on Tuesday after the DIY retailer said its Toolstation business swung to a loss in the first half as the pandemic boost faded.
London midday: Stocks edge lower amid China-US tensions; BP in the black
London stocks were a little lower by midday on Tuesday amid tensions between the US and China, but BP was a bright spot after well-received second-quarter results.
Genel Energy profits grow amid oil price surge
Genel Energy posted a rise in first-half profits and revenue on Tuesday as oil prices surged.
House prices grow at slowest monthly pace in a year - Nationwide
UK house prices rose in July at the slowest monthly rate in a year as rising inflation and interest rates take their toll, according to the latest survey from Nationwide.
London open: FTSE little changed amid China-US tensions; BP gushes higher
London stocks were little changed in early trade on Tuesday amid tensions between the US and China, but BP was a bright spot after well-received second-quarter results.
Direct Line hit by claims inflation as H1 profits fall
Insurer Direct Line posted a 31. 8% decline in first-half pre-tax profit on Tuesday as it took a hit from claims inflation.
Synthomer profits drop as elastomers segment falters
Synthomer reported a drop in interim pre-tax profit on Tuesday but struck a confident note on the outlook as it said all segments had grown apart from the elastomers arm.
BP second-quarter profit jumps as energy prices surge
BP reported a jump in second-quarter profit on Tuesday as the oil giant benefited from surging energy prices.
Elementis sees FY performance at top end of consensus expectations
Elementis said on Tuesday that its full-year performance was set to be towards the top end of consensus expectations as it hailed good demand.
Fresnillo interim profits fall as silver prices decline
Precious metals miner Fresnillo posted a decline in interim profits on Tuesday but backed its guidance for the full year.
London pre-open: Stocks seen down amid China-US tensions
London stocks were set to fall at the open on Tuesday amid tensions between the US and China.
Tuesday newspaper round-up: Gazprom, JCB, taxes, HSBC
The daily gas production of Russia’s Gazprom dropped in July to its lowest level since 2008, figures suggest, amid continued fears that Moscow could cause an energy crisis in Europe by shutting off the supply. The state-owned energy firm pumped 774 million cubic metres a day last month – 14% less than in June – according to analysis by Bloomberg of data released on Monday. – Guardian.