Wood Group (J) Share News (WG.)

Blue-chip mining stocks were registering impressive gains following decent figures in the US jobs report, which has eased concerns about the global economy and worries about the demand for commodities. ENRC, Kazakhmys, Evraz, and Vedanta, were among the risers. Luxury brand Burberry rose after Morgan Stanley upgraded the stock to 'overweight' this morning. Engineering group IMI was a high riser after Morgan Stanley and JP Morgan Cazenove both reiterated their 'overweight' ratings on the shares. Oilfield services firm Wood Group was also in demand after saying that it is still confident in hitting full-year profit targets, with conditions in energy markets remaining favourable. "We anticipate strong operating cash flow in the second half, and our strong balance sheet provides a robust platform for growth," the group's interim management statement said. Meanwhile, shares were down at Tesco after Investec said the strategic problems at the supermarket giant are getting worse, recommending investors to sell their shares. Tesco disappointed with its interim results on Wednesday, missing trading profit forecasts by 3%, leading to further downgrades to forecasts, Investec said. The broker cut its own earnings per share (EPS) estimate by 7% for this year and the next due to poor trade and weak margins. Johnson Matthey continued to be a notable faller, with shares down 2.82%, equal to 68p, over the past week. The stock has performed well over the last year, up more than 45%, equivalent to 735p. FTSE 100 - RisersEurasian Natural Resources Corp. (ENRC) 334.10p +6.16%Kazakhmys (KAZ) 738.50p +4.53%Evraz (EVR) 255.50p +4.24%Vedanta Resources (VED) 1,110.00p +4.23%Hargreaves Lansdown (HL.) 675.50p +4.00%Rexam (REX) 455.50p +3.41%International Consolidated Airlines Group SA (CDI) (IAG) 168.00p +3.38%Wood Group (John) (WG.) 836.00p +3.08%Burberry Group (BRBY) 1,028.00p +2.80%Weir Group (WEIR) 1,847.00p +2.61%FTSE 100 - FallersOld Mutual (OML) 171.30p -3.27%Tesco (TSCO) 312.80p -1.68%Johnson Matthey (JMAT) 2,344.00p -1.06%BG Group (BG.) 1,304.50p -0.80%United Utilities Group (UU.) 730.50p -0.75%Wolseley (WOS) 2,704.00p -0.70%Glencore International (GLEN) 334.45p -0.61%Morrison (Wm) Supermarkets (MRW) 279.00p -0.50%Croda International (CRDA) 2,370.00p -0.42%Next (NXT) 3,578.00p -0.39%NR