FTSE 100 dips as pandemic hammers BP, HSBC profits [Reuters (UK)]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: Reuters
FTSE 100 dips as pandemic hammers BP, HSBC profits - Reuters 1 Min Read (Reuters) - London’s FTSE 100 index headed lower on Tuesday, as oil major BP and lender HSBC became the latest blue-chip firms to report a slump in their quarterly profit due to the coronavirus outbreak. The commodity-heavy index .FTSE was down about 0.1%, with BP Plc ( BP.L ) shedding 1.5% as its first-quarter profit tumbled by two-thirds and debt rose sharply. The wider energy index .FTNMX0530 fell 1.1%, also pressured by another dive in oil prices, as the world runs out of storage space with the health crisis crushing demand. [O/R] Asia-focussed lender HSBC Holdings PLC ( HSBA.L ) lost 1.6% after first-quarter profit nearly halved and it boosted provisions against potential bad loans. But the domestically focussed mid-cap index .FTMC added 0.5%, with financials and consumer discretionary firms providing the biggest boost. Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Rashmi Aich All quotes del
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BP
Earnings
- 11/5/25 - Beat
BP
Sec Filings
- 12/1/25 - Form 6-K
- 12/1/25 - Form 6-K
- 11/6/25 - Form 13F-HR
- BP's page on the SEC website