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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: 152.00
Bid: 151.80
Ask: 152.10
Change: 2.20 (1.47%)
Spread: 0.30 (0.198%)
Open: 149.40
High: 153.50
Low: 149.40
Prev. Close: 149.80
WG. Live PriceLast checked at -

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London midday: Stocks flat as global services PMIs point to slowdown

Mon, 06th Jan 2014 11:21

- UK, Eurozone, China services PMIs ease- Markets rangebound, little changed by midday- Takeover and break-up of RSA possible, says UBS- Retailers in focus ahead of sales updatestechMARK 2,795.09 +0.23%FTSE 100 6,731.24 +0.01%FTSE 250 16,063.40 +0.27%The FTSE 100 was little changed on Monday morning, trading within a narrow range after a raft of mixed economic data from across the globe."Trade volumes are notably higher and global services output has formed the basis for much of the sentiment this morning," said Brenda Kelly, Senior Market Strategist at IG, as data weakened in the UK, Eurozone and China.The FTSE 100 was broadly flat by midday on Friday's closing price of 6,730.67, after swinging between gains and losses during morning trade. Following a relatively quiet festive season in terms of corporate news and economic data, the calendar is pointing to several key 'risk events' in the next few days that could spark some volatile moves in financial markets worldwide. These include inflation figures, central bank meetings in the UK and Eurozone, and Friday's all-important jobs report in the States.As for today, service-sector purchasing managers' indices (PMIs) from across the globe were in focus after data last week showed a weakening in manufacturing growth in China, the US and UK in December.Growth in the UK services sector unexpectedly slowed with the PMI falling from 60 to 58.8, below the 60.3 consensus forecast. The final estimate of the Eurozone services PMI was confirmed at 51 in December, down from 51.2 in November, with an ongoing contraction in France's services sector weighing on growth. Figures released overnight saw the China services PMI survey decline from 52.5 to 50.9.Meanwhile, over in the States, data out this afternoon is expected to show that the US ISM non-manufacturing index increased from 53.9 to 54.5 last month.RSA gains after UBS comments RSA Insurance was a high riser this morning after UBS raised its target price for the stock from 100p to 113p and maintained a 'buy' rating. The bank added the stock to its 'Alpha Preferences Most Preferred List', saying: "While there are significant uncertainties, we think that the balance of risks is to the upside."Meanwhile, the bank also said that a takeover and break-up of RSA still "remains a possibility", following recent market chatter.Retailers will be closely watched this week ahead of trading updates from the likes of Marks & Spencer, Tesco and Sainsbury. The festive reporting season so far has been a mixed bag, with a profit warning from Debenhams contrasting with a stellar update from Next on Friday.M&S was among the worst performers this morning on speculation that it is a "likely candidate to suffer from the highly promotional and competitive clothing market", according to Equity Analyst Amisha Chohan from Sanlam Securities.Meanwhile, Tesco and Sainsbury were both in the red after rival chain Asda reported strong Christmas trading in both store and online.Petrofac rose after Deutsche Bank lifted the stock to 'buy', while oilfield services peer Wood Group was dampened after the bank cut its rating to 'hold'.Precious metal miners Randgold Resources and Fresnillo were trading firmly lower this morning as gold and silver prices weakened. Sector peer Centamin, however, bucked the trend after beating analysts' forecasts with its fourth-quarter gold production figures.FTSE 100 - RisersRSA Insurance Group (RSA) 98.00p +6.35%Coca-Cola HBC AG (CDI) (CCH) 1,754.00p +1.68%Ashtead Group (AHT) 789.50p +1.67%Experian (EXPN) 1,124.00p +1.44%International Consolidated Airlines Group SA (CDI) (IAG) 413.60p +1.42%ITV (ITV) 197.50p +1.39%easyJet (EZJ) 1,586.00p +1.34%Petrofac Ltd. (PFC) 1,237.00p +1.31%IMI (IMI) 1,551.00p +1.24%Persimmon (PSN) 1,273.00p +1.11%FTSE 100 - FallersRandgold Resources Ltd. (RRS) 3,839.00p -2.17%Fresnillo (FRES) 755.50p -2.07%Marks & Spencer Group (MKS) 436.20p -1.76%Rio Tinto (RIO) 3,314.50p -1.65%Anglo American (AAL) 1,278.50p -1.43%G4S (GFS) 257.00p -1.23%Tullow Oil (TLW) 846.50p -1.05%Sage Group (SGE) 397.40p -0.82%Royal Bank of Scotland Group (RBS) 340.50p -0.82%Royal Dutch Shell 'B' (RDSB) 2,252.50p -0.79%FTSE 250 - RisersCentamin (DI) (CEY) 46.86p +3.63%Dunelm Group (DNLM) 964.50p +2.93%Restaurant Group (RTN) 607.50p +2.88%IP Group (IPO) 170.90p +2.64%Galliford Try (GFRD) 1,209.00p +2.63%Synthomer (SYNT) 263.00p +2.53%Telecom Plus (TEP) 1,794.00p +2.51%PZ Cussons (PZC) 392.30p +2.32%Entertainment One Limited (ETO) 269.30p +2.20%Bovis Homes Group (BVS) 839.00p +2.19%FTSE 250 - FallersNMC Health (NMC) 437.00p -2.87%Evraz (EVR) 108.00p -2.70%Wood Group (John) (WG.) 659.50p -2.66%Kazakhmys (KAZ) 204.90p -2.34%Petra Diamonds Ltd.(DI) (PDL) 119.00p -2.14%Polymetal International (POLY) 579.00p -2.03%Micro Focus International (MCRO) 765.00p -1.92%Bwin.party Digital Entertainment (BPTY) 123.70p -1.75%Fidelity China Special Situations (FCSS) 103.90p -1.61%Ladbrokes (LAD) 176.20p -1.56%BC
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23 Feb 2023 08:29

Wood Group shares rally on unsolicited Apollo approach

MILAN, Feb 23 (Reuters) - Wood Group shares rallied more than 30% on Thursday after the British energy services provider said it had received and then rejected three unsolicited takeover proposals from U.S. private equity group Apollo Global Management.

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22 Feb 2023 17:49

Wood Group rejects takeover offer from Apollo

(Sharecast News) - Wood Group said on Wednesday that it has rejected three unsolicited, preliminary and conditional takeover proposals from Apollo Global Management.

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22 Feb 2023 17:37

TOP NEWS: John Wood rejects GBP1.6 billion Apollo takeover approach

(Alliance News) - John Wood Group PLC on Wednesday said it has rebuffed three unsolicited proposals for a takeover by Apollo Global Management Inc.

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26 Jan 2023 09:44

LONDON BROKER RATINGS: RBC cuts Ocado; Bernstein cuts easyJet

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

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23 Jan 2023 09:06

TOP NEWS: Endeavour Mining meets output guidance and lifts returns

(Alliance News) - Endeavour Mining PLC said its production in 2022 was at the top end of its outlook, while shareholder returns were almost double its minimum target.

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18 Jan 2023 10:39

Morgan Advanced Materials names former SSE CEO as chair designate

(Alliance News) - Morgan Advanced Materials PLC on Wednesday named former John Wood Group PLC chair and SSE PLC chief executive officer Ian Marchant as its new chair.

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18 Jan 2023 09:47

LONDON BROKER RATINGS: Bank of America and Oddo BHF cut Whitbread

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

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12 Jan 2023 11:27

John Wood trading in 2022 in line with guidance; expects revenue fall

(Alliance News) - John Wood Group PLC on Thursday said results for 2022 were in line with guidance.

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12 Jan 2023 08:15

Wood Group ends year in line with guidance

(Sharecast News) - John Wood Group said in an update on Thursday that its results for 2022 were in line with guidance for revenue, adjusted EBITDA and net debt.

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5 Jan 2023 13:14

Vesuvius names John Wood's Mark Collis as new chief financial officer

(Alliance News) - Vesuvius PLC on Thursday appointed John Wood Group PLC's Mark Collis as its new chief financial officer.

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16 Dec 2022 09:14

LONDON BROKER RATINGS: Barclays cuts Bunzl to 'underweight'

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

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16 Dec 2022 08:42

LONDON MARKET OPEN: Stocks lower as central banks keep hiking rates

(Alliance News) - Stock prices in London opened lower on Friday morning as investors digested a slew of interest rate decisions from a number of major central banks.

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16 Dec 2022 07:53

LONDON BRIEFING: BT to combine units; Rio Tinto completes acquisition

(Alliance News) - Stocks in London are set to open higher on Friday as investors digest a series of central bank interest rate decisions in the past two days.

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12 Dec 2022 12:20

Jefferies upgrades Wood Group to 'buy'

(Sharecast News) - Jefferies upgraded Wood Group on Monday to 'buy' from 'hold' and hiked the price target to 190p from 150p.

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12 Dec 2022 09:34

LONDON BROKER RATINGS: Jefferies raises John Wood to 'buy' from 'hold'

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

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