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BNP Paribas SA (BNP.PA)

Paris - Paris Delayed price. Currency in EUR
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44.98+0.77 (+1.75%)
At close: 5:26PM CET
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Previous close44.21
Bid0.00 x 0
Ask0.00 x 0
Day's range43.31 - 45.07
52-week range24.50 - 54.22
Avg. volume5,157,406
Market cap56.123B
Beta (5Y monthly)1.78
PE ratio (TTM)8.15
EPS (TTM)5.52
Earnings date05 Feb 2021
Forward dividend & yieldN/A (N/A)
Ex-dividend date25 May 2020
1y target est61.49
  • OPEC+ Calls Last-Minute Talks Ahead of Decision on Oil Cuts

    OPEC+ Calls Last-Minute Talks Ahead of Decision on Oil Cuts

    (Bloomberg) -- Saudi Arabia and Russia summoned a small group of OPEC+ countries for last-minute talks this weekend, just before it’s due to decide whether to delay January’s output increase.A clear majority of OPEC+ watchers expect the group to maintain their supply curbs at current levels for a few months longer due to lingering uncertainty about the strength of demand. However, the decision is by no means certain amid public complaints from Iraq and Nigeria, and private discord with the United Arab Emirates.“The technical groundwork has been laid down for OPEC+ to postpone a tapering of its output cuts,” said Harry Tchilinguirian, head of commodity markets strategy at BNP Paribas SA. “Now the political groundwork needs to be put in place.”The two leading members of the Organization of Petroleum Exporting Countries and its allies, Russian Deputy Prime Minister Alexander Novak and Saudi Energy Minister Abdulaziz bin Salman, requested an informal video conference with their counterparts from the Joint Ministerial Monitoring Committee, which includes Algeria, Kazakhstan, Iraq, Nigeria and the UAE, according to a letter seen by Bloomberg.The hastily called meeting was later pushed to Sunday from Saturday because of a scheduling clash, according to a delegate. The talks will be held a day before a full OPEC ministerial meeting on Nov. 30, followed by an OPEC+ gathering on Dec. 1. The JMMC met online as recently as Nov. 17, but that ended without any kind of recommendation about delaying the January supply increase.The 23-nation network known as OPEC+ made vast production cuts during the depths of the pandemic to offset a historic collapse in fuel demand. The alliance had planned to ease some of the curbs at the start of 2021 in anticipation of a global economic recovery, reviving about 1.9 million barrels a day of halted output, having managed a similar resumption over the summer.Resurgent VirusBut with a recent resurgence of the virus triggering new lockdowns, and darkening the demand outlook for early next year, OPEC+ has signaled it may instead defer the next increase.On Thursday, Algerian Energy Minister Abdelmajid Attar -- who this year holds OPEC’s rotating presidency -- told Bloomberg News that the group must remain cautious because the surge in oil prices to above $45 a barrel in New York this week could prove fragile.A separate meeting of a committee of OPEC’s technical experts considered data that pointed to the risk of a new oil surplus early next year if the cartel and its allies decide to go ahead with the production increase.(Updates with schedule change)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • UK electric vehicle company Arrival set for $5.4bn Nasdaq listing
    Yahoo Finance UK

    UK electric vehicle company Arrival set for $5.4bn Nasdaq listing

    Arrival is going public through a merger with SPAC company CIIG. The London-based business will raise $600m through the deal.