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Pin to quick picksWood Group (J) Share News (WG.)

Share Price Information for Wood Group (J) (WG.)

London Stock Exchange
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Share Price: 149.80
Bid: 150.10
Ask: 150.50
Change: 1.80 (1.22%)
Spread: 0.40 (0.266%)
Open: 148.50
High: 151.30
Low: 147.00
Prev. Close: 148.00
WG. Live PriceLast checked at -

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London close: Footsie gains on upbeat data, Fresnillo jumps

Tue, 13th Aug 2013 16:57

Upbeat data from home and abroad gave the FTSE 100 a lift on Tuesday, with precious metals group Fresnillo leading the heavyweight mining sector higher in London.Markets briefly dipped into negative territory in afternoon trade after US retail sales came in slightly below expectations, though a late rally ensured that the Footsie finished firmly in the blue.The FTSE 100 finished up 37.6 points (+0.57%) at 6,611.94.The German ZEW survey released this morning showed that the economic sentiment index jumped from 36.3 to 42 in August, well ahead of the consensus forecast for 39.9. The current situation index and sentiment index for the wider Eurozone also improved this month.UK housing data continues to point to a recovery in the market with prices rising in July for the fourth straight month. The Royal Institute of Chartered Surveyors' house-price index jumped from 21 in June to 36, representing the fastest growth since November 2006, helped by recent government measures to stimulus demand.Meanwhile, falling inflation also gave markets a boost with UK consumer prices rising at an annual rate of 2.8% in July, a slowdown from the 2.9% pace in June. UK Economist Martin Beck from Capital Economics said that this was "likely to presage the start of a sustained drop".FTSE 100: Fresnillo continues to reboundGold and silver miner Fresnillo rose strongly today as it continues to rebound after disappointing the market last week with its first-half results. Since then, the stock has jumped by over a quarter with UBS helping today after initiating coverage of the stock with a 'buy' rating. The broker said that Fresnillo is one of the world's lowest-cost primary silver producers "and we believe it will generate sustainable free cash flow even in a lower commodity price environment".Mining peers Rio Tinto, Antofagasta and Glencore Xstrata also finished higher.Airline operators IAG and easyJet were flying higher today after it was revealed that the US government has challenged a planned $11bn merger between US Airways and American Airlines' owner AMR Corp to create the world's largest airline on the back of competition concerns.Wood Group gained after Investec raised its target price to 900p from 800p, noting the company's strong performance in the first half on the back of demand for its services in engineering and operations and maintenance. G4S climbed following reports activist hedge fund Cevian Capital had become a major shareholder in the security firm.British life insurance investor Resolution gained after reporting an increase in profits for the first half after strong growth in the UK and tight cost control.Heading the other way was Anglo-South African financial services giant Old Mutual after Nomura downgraded the stock from 'buy' to 'neutral', saying it sees "better value elsewhere in the sector" after the positive reaction to last week's first-half results.Sector peer Prudential retreated after rising to an all-time high on Monday when it reported a jump in first-half profits.FTSE 100 - RisersFresnillo (FRES) 1,165.00p +5.62%International Consolidated Airlines Group SA (CDI) (IAG) 320.60p +2.69%Wood Group (John) (WG.) 915.50p +2.29%Rio Tinto (RIO) 3,263.00p +2.22%Antofagasta (ANTO) 979.00p +2.19%GKN (GKN) 353.20p +2.05%Glencore Xstrata (GLEN) 307.45p +2.01%Croda International (CRDA) 2,569.00p +1.98%BAE Systems (BA.) 449.10p +1.98%Weir Group (WEIR) 2,248.00p +1.95%FTSE 100 - FallersOld Mutual (OML) 196.10p -2.58%Prudential (PRU) 1,215.00p -1.38%ITV (ITV) 163.30p -1.33%Rolls-Royce Holdings (RR.) 1,142.00p -1.30%William Hill (WMH) 440.10p -1.26%Standard Life (SL.) 365.70p -1.16%Vedanta Resources (VED) 1,253.00p -1.03%Aberdeen Asset Management (ADN) 378.40p -0.94%Travis Perkins (TPK) 1,622.00p -0.86%Capita (CPI) 1,000.00p -0.79%FTSE 250 - RisersHochschild Mining (HOC) 264.90p +14.03%Ted Baker (TED) 1,934.00p +5.97%Kenmare Resources (KMR) 31.53p +4.79%Synthomer (SYNT) 215.50p +4.61%NMC Health (NMC) 316.00p +4.29%Direct Line Insurance Group (DLG) 232.30p +3.94%Polymetal International (POLY) 755.50p +3.92%Wetherspoon (J.D.) (JDW) 740.50p +3.71%Centamin (DI) (CEY) 38.75p +3.50%Dialight (DIA) 1,266.00p +2.93%FTSE 250 - FallersMoneysupermarket.com Group (MONY) 166.00p -6.85%International Personal Finance (IPF) 599.50p -4.08%Michael Page International (MPI) 450.20p -4.01%Thomas Cook Group (TCG) 158.10p -2.65%IP Group (IPO) 141.00p -2.22%EnQuest (ENQ) 123.90p -2.21%888 Holdings (888) 160.50p -2.13%Taylor Wimpey (TW.) 110.10p -1.96%Catlin Group Ltd. (CGL) 486.20p -1.86%Man Group (EMG) 87.00p -1.86%BC
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1 Nov 2023 10:45

IN BRIEF: John Wood Group hires Rolls-Royce executive as new CFO

John Wood Group PLC - Aberdeen, Scotland-based engineering and consulting - Hires Arvind Balan as its new chief financial officer, starting April 15 next year. Balan has been CFO of the Civil Aerospace division of jet engine maker Rolls-Royce Holdings PLC for the past two years. Before that, he worked for oil major Shell PLC for 14 years in the UK, Singapore and China. At John Wood, Balan replaces David Kemp, whose retirement was announced back in August, having worked at John Wood for a decade. "Wood has always stood out for me as a company with unique potential," incoming CFO Balan says.

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1 Nov 2023 08:14

Wood Group appoints Arvind Balan as CFO

(Sharecast News) - John Wood Group said on Wednesday that it has appointed Arvind Balan as its chief financial officer and executive director with effect from 15 April 2024.

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18 Oct 2023 09:14

Bodycote appoints successor to chief executive set to retire in May

(Alliance News) - Bodycote PLC on Wednesday said it appointed Jim Fairbairn as its future chief executive officer, set to succeed the retiring Stephen Harris

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LONDON BROKER RATINGS: UBS cuts Burberry; JPMorgan likes EnQuest

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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6 Sep 2023 09:32

LONDON BROKER RATINGS: Shore says 'buy' B&M; Peel Hunt likes Halfords

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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5 Sep 2023 15:22

London close: Stocks fall on back of weak services data

(Sharecast News) - London's stock markets ended the trading day in negative territory on Tuesday, pressured by a decline in sterling against the dollar on the back of disappointing services sector data.

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4 Sep 2023 09:24

Wood Group, Harbour Energy partner for UK North Sea operations

Wood signs contract with Harbour energy

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4 Sep 2023 09:23

John Wood and Harbour Energy enter USD300 million North Sea deal

(Alliance News) - John Wood Group PLC on Monday said it has agreed a new strategic partnership with Harbour Energy PLC to provide engineering, maintenance and other operational services.

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4 Sep 2023 07:36

LONDON BRIEFING: CMC names new CFO; takeover offer for Ergomed

(Alliance News) - Stocks in London are expected to open on a positive note on Monday, amid an improvement in global risk sentiment.

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4 Sep 2023 07:10

Wood Group signs $330m services deal with Harbour Energy

(Sharecast News) - Engineering company Wood Group said it had struck a $330m services agreement with North Sea oil and gas producer Harbour Energy.

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27 Aug 2023 10:27

Sunday share tips: Wood Group, Cake Box

(Sharecast News) - The recent failed takeover for Wood Group could present a buying opportunity for investors, suggests the Mail on Sunday's Midas column.

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24 Aug 2023 14:14

Director dealings: LSE, Wood Group non-execs make purchases

(Sharecast News) - London Stock Exchange was on the list of director buys on Thursday, after an independent non-executive director was linked to a purchase.

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22 Aug 2023 17:13

Cyclical stocks lift UK equities off six-week lows; Wood Group rises

Blue-chip FTSE 100 snaps seven-day losing streak

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22 Aug 2023 16:56

LONDON MARKET CLOSE: FTSE 100 snaps seven day losing streak

(Alliance News) - Stocks in London were higher at the close on Tuesday as markets celebrated better-than-expected public sector borrowing figures in the UK, and hoped that Chancellor Jeremy Hunt may have enough firepower in government coffers to enact some pre-election tax cuts.

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22 Aug 2023 13:09

UK's Wood Group raises profit forecast on contract wins; shares rise

CFO David Kemp to retire

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