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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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15 May 2023 09:19

LONDON MARKET OPEN: Currys outperforms; Wood Group plummets

(Alliance News) - Stock prices in London opened higher on Monday, as a strong performance from mining stocks helped to bolster a cautious optimism, despite concerns over the potential of a US debt default.

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15 May 2023 08:58

STOXX firm despite political, debt ceiling jitters

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

STOXX FIRM DESPITE POLITICAL, DEBT CEILING JITTERS (0751 GMT)

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15 May 2023 07:56

LONDON BRIEFING: BAT names new CEO; no offer for John Wood Group

(Alliance News) - Stocks in London were set to open higher on Monday, as investors wait for postponed discussions on the US debt ceiling to resume.

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15 May 2023 07:09

Apollo pulls plans for Wood Group bid

(Sharecast News) - Shares in Wood Group plunged by more than a third on Monday as US private equity firm Apollo Global pulled plans to make a takeover offer for the UK oil industry engineer.

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11 May 2023 09:51

John Wood notes good momentum across all units in first quarter

(Alliance News) - John Wood Group PLC on Thursday said it was trading in line with expectations in the first quarter of 2023, but added that it was mindful of the uncertain economic backdrop moving forward.

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11 May 2023 07:03

Wood Group holds guidance as Q1 revenues grow

(Sharecast News) - Oil and gas engineer Wood Group, currently in talks on a potential $1.6bn takeover by private equity group Apollo, held annual guidance as first quarter revenues increased.

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4 May 2023 16:11

UK shareholder meetings calendar - next 7 days

Friday 5 May 
abrdn Smaller Companies Income Trust PLCAGM
Holders Technology PLCAGM
HSBC Holdings PLCAGM
InterContinental Hotels Group PLCAGM
James Fisher & Sons PLCAGM
Man Group PLCAGM
Rightmove PLCAGM
UK Oil & Gas PLCAGM
Monday 8 May 
no events scheduled 
Tuesday 9 May 
Caledonia Mining Corp PLCAGM
Direct Line Insurance Group PLCAGM
Foxtons Group PLCAGM
Hostelworld Group PLCAGM
IWG PLCAGM
Just Group PLCAGM
Midwich Group PLCAGM
Osirium Technologies PLCAGM
Windward LtdAGM
Wednesday 10 May 
abrdn PLCAGM
Antofagasta PLCAGM
Cenkos Securities PLCAGM
Ecora Resources PLCAGM
H&T Group PLCAGM
Harbour Energy PLCAGM
Jupiter Fund Management PLCAGM
Literacy Capital PLCAGM
Luceco PLCAGM
Marshalls PLCAGM
National Express Group PLCAGM
Renewables Infrastructure Group LtdAGM
Rentokil Initial PLCAGM
Seplat Energy PLCAGM
Spirax-Sarco Engineering PLCAGM
TClarke PLCAGM
Thursday 11 May 
88 Energy LtdAGM
Cairn Homes PLCAGM
Capita PLCAGM
Clarkson PLCAGM
Costain Group PLCAGM
Eleco PLCAGM
Eurocell PLCAGM
FBD Holdings PLCAGM
Genedrive PLCGM re Equity Prepayment Facility
Genel Energy PLCAGM
Gresham House PLCAGM
Gym Group PLCAGM
Hiscox LtdAGM
Irish Continental Group PLCAGM
John Wood Group PLCAGM
MyHealthChecked PLCAGM
OSB Group PLCAGM
Poolbeg Pharma PLCAGM
Rolls-Royce Holdings PLCAGM
Serinus Energy PLCAGM
Uniphar PLCAGM
Videndum PLCAGM
WAG Payment Solutions PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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21 Apr 2023 08:40

UPDATE: Network International jumps on takeover battle

(Alliance News) - Network International Holdings PLC on Friday confirmed that it has received another takeover offer, this time from Brookfield Asset Management Ltd.

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20 Apr 2023 14:21

Midcaps, big targets in the UK

U.S. stock futures suggest sharply lower open

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17 Apr 2023 17:37

Consumer staples boost FTSE 100; banks limit gains

John Wood Group gains on Apollo Management's buyout deal

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17 Apr 2023 17:33

European shares snap five-day winning streak as banks, chips fall

Chipmakers lead tech sector lower

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17 Apr 2023 16:57

LONDON MARKET CLOSE: FTSE 250 shines but large-caps tepid on Fed bets

(Alliance News) - The FTSE 100 closed off sessions highs after listless afternoon trading on Monday, though the FTSE 250 was given some impetus from M&A moves.

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17 Apr 2023 14:58

UK's THG gets buyout proposal from Apollo, shares jump

British online firm receives 'highly preliminary' approach

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17 Apr 2023 12:15

Is that all priced in by now?

STOXX 600 up 0.1%

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17 Apr 2023 12:12

LONDON MARKET MIDDAY: Stocks green amid takeover activity; pound soft

(Alliance News) - Stock prices in London were higher at midday on Monday as news of possible takeovers of FTSE 250 constituents gave a boost to investor sentiment.

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