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LONDON MARKET PRE-OPEN: BP Swings To Loss As Covid-19 Hits Earnings


LONDON MARKET PRE-OPEN: BP Swings To Loss As Covid-19 Hits Earnings
Tue, 2nd Feb 2021 07:52
(Alliance News) - Stock prices in London were called for a positive open on Tuesday, tracking global peers higher, with sentiment buoyed by US stimulus hopes.
Oil major BP swung to an annual loss as the coronavirus pandemic battered oil prices and brought global travel to a standstill. Electricity utility SSE said it anticipates annual operating profit in the middle of its guided range. Irish support services firm DCC said it saw a strong third quarter.
IG futures indicate the FTSE 100 index is to open 42.58 points higher at 6,509.00. The blue-chip index closed up 58.96 points or 0.9%, at 6,466.42 Monday. ....

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