The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

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

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

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 189.30
Bid: 188.00
Ask: 188.40
Change: 9.30 (5.17%)
Spread: 0.40 (0.213%)
Open: 178.00
High: 189.30
Low: 176.80
Prev. Close: 180.00
WG. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: Stocks rise after flurry of corporate updates

Thu, 01st Nov 2012 11:50

- Results impress from BT, BSkyB, Lloyds... - Markets await barrage of economic data Stateside- Chinese manufacturing beats expectationsImpressive gains from BT Group, Lloyds, BSkyB and Legal & General were lifting the FTSE 100 higher on Thursday, with better-than-expected economic figures from China providing a catalyst for buying.The HSBC Chinese manufacturing sector purchasing managers' index for the month of October rose to 49.5, from 47.9 in the month before, according to survey compiler Markit. This was an eight-month high and not far from the key level of 50 which indicates that the sector contraction has ceased. The consensus estimate was for 49.1. In UK economic news, manufacturing PMI for the month of October retreated to 47.5 points, after a reading of 48.1 (preliminary: 48.4) in the month before, according to the figures released by Markit. The consensus estimate had been for a reading of 48.Markets across Europe were broadly higher today, though gains were moderate. Indices are "lacking a whole lot of conviction and volume as most of Europe observes All Saints' Day," said market strategist Ishaq Siddiqi from ETX Capital.Investors will likely be keeping a close eye on the US today as a barrage of economic indicators Stateside come out in the next few hours. In total, nine separate pieces of data are due out today, including consumer confidence, construction spending and jobless claims.FTSE 100: BT, Lloyds are standout performers after resultsTelecommunications giant BT surged after it bumped up its interim dividend following a solid second quarter which saw profits before tax grow 7% despite a 9% fall in adjusted revenue. Banking giant Lloyds rose strongly after an 'in-line' third-quarter statement. The lender said that it is making progress despite delivering a statutory loss before tax of £583m for the first nine months of the year, including a further Payment Protection Insurance (PPI) provision of £1bn in the third quarter.Pay-TV and broadband provider BSkyB advanced after seeing decent growth across the board in the first quarter, helped by the number of high-profile sporting events that fell in the period, such as the US Open, Ryder Cup and Olympic Games. Anglo-Dutch integrated oil major Shell rose after its third-quarter net income was comfortably ahead of expectations. "I am pleased with our progress in a difficult industry environment. There is more to come from Shell," said CEO Peter Voser. Investments and insurance group Legal & General was wanted after generating record revenues in the third quarter, with UK and US protection sales each rising by around a third. Oilfield support services company Wood Group also rose after announcing that a series of management changes has come into effect today, including the retirement of its Chairman Sir Ian Wood. However, not all updates received approval by the markets this morning: speciality chemicals group Croda tanked after selling its Italian business and saying that month-to-month trading in the third quarter had been "volatile". Commodities trader and mines owner Glencore was subdued after saying its third quarter was a good one, despite generally weaker commodity prices. Oil and gas firm BG Group was continuing to fall after cutting back production guidance yesterday. Shares are now down 16% on the week.FTSE 250: Centamin and Dixons surge; Chemring plummetsGold miner Centamin jumped after shares were restored to trading; the stock was suspended on Tuesday after media reports suggested that a court had over-ruled a 2005 decision to award the company its flagship contract to mine at the Sukari project in Egypt. In a written statement yesterday, Centamin reassured that no written decision has yet been made but it still stood firm that the court does not have jurisdiction to cancel the concession.Electricals retailer Dixons was registering impressive gains on news that its main High Street rival, Comet, is likely to go into administration.Defence contractor Chemring disappointed investors today after reducing profit expectations for the financial year ended October 31st following delays and technical problems in a number of contracts.FTSE 100 - RisersBT Group (BT.A) 226.20p +6.45%Lloyds Banking Group (LLOY) 43.15p +6.35%British Sky Broadcasting Group (BSY) 744.50p +5.01%Legal & General Group (LGEN) 139.10p +3.81%Royal Bank of Scotland Group (RBS) 284.90p +3.22%Barclays (BARC) 233.85p +2.79%Next (NXT) 3,646.00p +2.24%Burberry Group (BRBY) 1,191.00p +2.14%ARM Holdings (ARM) 675.50p +1.58%Rolls-Royce Holdings (RR.) 867.50p +1.52%FTSE 100 - FallersBG Group (BG.) 1,097.00p -4.40%Croda International (CRDA) 2,143.00p -2.64%Tullow Oil (TLW) 1,387.00p -1.21%Old Mutual (OML) 170.00p -1.16%Smith & Nephew (SN.) 648.00p -1.07%Petrofac Ltd. (PFC) 1,593.00p -0.69%Randgold Resources Ltd. (RRS) 7,350.00p -0.68%Meggitt (MGGT) 383.70p -0.60%Serco Group (SRP) 563.50p -0.53%Morrison (Wm) Supermarkets (MRW) 266.50p -0.52%FTSE 250 - RisersCentamin (DI) (CEY) 72.95p +14.30%Dixons Retail (DXNS) 23.44p +13.79%Home Retail Group (HOME) 122.30p +7.19%Hunting (HTG) 792.50p +5.88%Heritage Oil (HOIL) 200.00p +3.47%Domino's Pizza Group (DOM) 522.50p +3.36%Halfords Group (HFD) 356.20p +3.07%Moneysupermarket.com Group (MONY) 138.00p +2.99%Soco International (SIA) 347.70p +2.93%Cookson Group (CKSN) 598.00p +2.66%FTSE 250 - FallersChemring Group (CHG) 259.50p -17.28%SDL (SDL) 505.00p -4.81%Henderson Group (HGG) 113.50p -2.99%Lonmin (LMI) 500.00p -2.53%Perform Group (PER) 390.90p -2.52%Mondi (MNDI) 665.00p -2.49%Hochschild Mining (HOC) 483.30p -2.36%Playtech Ltd. (PTEC) 415.40p -1.94%ITE Group (ITE) 189.70p -1.81%RPS Group (RPS) 229.90p -1.71%BC
More News
15 May 2023 17:11

European stocks rise as investors assess politics, economic data

Spanish lender BBVA hit by Turkey troubles

*

Read more
15 May 2023 16:55

LONDON MARKET CLOSE: Miners lift FTSE 100 in lukewarm start to week

(Alliance News) - Mining shares helped the FTSE 100 outperform on Monday, though peers in Europe only achieved minor gains in a tepid start to the week.

Read more
15 May 2023 13:24

Okay, Boomer: The most popular stocks by generation

STOXX 600 up 0.3%

*

Read more
15 May 2023 12:22

LONDON MARKET MIDDAY: Stocks mostly up, but US budget impasse worries

(Alliance News) - Stock prices in London were largely higher at midday on Monday and the pound held firm against the dollar, with the FTSE 100 boosted by a strong performance by mining stocks.

Read more
15 May 2023 12:11

Wood Group shares sink after Apollo abandons 1.7 bln pound bid

May 15 (Reuters) - Shares in John Wood Group were on track for their biggest one-day drop on record on Monday after U.S.-based Apollo Global Management said it would not proceed with a takeover of the British engineering services firm on its fifth attempt.

Read more
15 May 2023 11:21

Investors query how much steam luxury rally has left

STOXX 600 up 0.3%

*

Read more
15 May 2023 10:30

TOP NEWS: John Wood remains confident as Apollo drops takeover bid

(Alliance News) - John Wood Group PLC on Monday said it was "well placed" to deliver value to shareholders and has faith in its long-term prospects, following Apollo Management Holdings LP's announcement that it will not make a takeover offer.

Read more
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.

Read more
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)

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.