Breaking News

Tweet TWEET

BP Plc, Telenet Group: European Equity Market Preview

The following companies’ shares may have unusual moves in European (SXXP) trading. Stock symbols are in parentheses.

The Stoxx Europe 600 Index rose 1 percent to 254.37. The Stoxx 50 Index (SX5P) increased 0.8 percent to 2,396.85. The Euro Stoxx 50 Index (SX5E), a benchmark measure for nations using the euro, gained 1.8 percent to 2,284.08.

BP Plc (BP/) : A former engineer at Europe’s second- largest oil firm, Kurt Mix, was arrested on charges of intentionally destroying evidence requested by the U.S. about the size of the 2010 Gulf of Mexico oil spill, in the first criminal case arising from the incident. The shares rose 1.6 percent to 436.60 pence.

Telenet Group Holding NV (TNET) : The Belgian cable operator controlled by Liberty Global Inc. (LBTYA) bought back 159,000 shares from April 16 through April 24, for between 30.50 and 32.08 euros. The shares gained 0.4 percent to 31.90 euros.

To contact the reporter on this story: Joseph Ciolli in New York at jciolli@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.