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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: 192.90
Bid: 191.60
Ask: 192.00
Change: 27.90 (16.91%)
Spread: 0.40 (0.209%)
Open: 168.10
High: 207.80
Low: 162.20
Prev. Close: 165.00
WG. Live PriceLast checked at -

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London open: Markets rise on last-minute deal to save Cyprus

Mon, 25th Mar 2013 08:20

Stocks advanced strongly on Monday morning after 11th-hour talks to save Cyprus from default resulted in a last-minute bailout deal with the Troika."Markets clearly appear to be more hopeful than they ought to be on the Eurozone muddling through this crisis - this would suggest that any potential flare-ups in the Eurozone crisis (Spain, Italy, Greece or Cyprus) will have the potential to send shockwaves to risk sentiment," said ETX Capital's Head of Trading Joe Rundle.Also supporting stocks this morning was speculation surrounding a parliamentary testimony tomorrow by the Bank of Japan's new Governor Haruhiko Kuroda on hopes that he will use this opportunity to outline new easing measures. Kuroda vowed last week to use "all means available" to end combat deflection and kick-start growth.Cyprus reaches deal to save small depositorsFollowing a meeting of Eurozone finance ministers that lasted almost 12 hours, Cyprus agreed to a €10bn aid package that doesn't include a controversial across-the-board bank-account tax but involves forcing big losses on uninsured depositors. The plan will see Cyprus wind down its largely state-owned Laika bank, the second-largest in the country, and move deposits below €100,000 to the Bank of Cyprus to create a 'good bank'. Deposits over €100,000 will be frozen and used to resolve Laiki's debts and recapitalise the Bank of Cyprus."The agreement reached today on Cyprus provides a comprehensive and credible plan to deal with the current economic challenges in the country," said International Monetary Fund (IMF) Managing Director Christine Lagarde."The plan focuses on dealing with the two problem banks and fully protecting insured deposits in all banks. It addresses upfront the core problem of the banking system through a clear strategy that ensures debt sustainability and does not excessively burden the Cypriot taxpayer. This agreement provides the basis for restoring trust in the banking system, which is key to supporting growth."Abderdeen leads financials higher early onFinancial stocks were making gains this morning on improved sentiment following the last-minute deal in Cyprus. Asset management firm Aberdeen was leading the way higher after posting a 10% increase in assets under management to £212.3bn in the second quarter.Sector peer Schroders was also higher after reaching an agreement on a recommended 135p-a-share offer for Cazenove Capital that values the investment business at £424m. Banking stocks RBS, Lloyds and Barclays were also higher early on.Drinks giant SABMiller rose on plans to target further beer volume growth and share gains in its Latin American division of the next three to five years. Biopharmaceutical business AstraZeneca was also higher after settling a US patent infringement litigation.Wood Group, the energy services firm, edged higher after being awarded a $45m extension on a maintenance contract from Caltex in Australia.FTSE 100 - RisersAberdeen Asset Management (ADN) 435.20p +6.41%Schroders (SDR) 2,153.00p +2.87%Rolls-Royce Holdings (RR.) 1,123.00p +2.37%Vodafone Group (VOD) 187.70p +2.32%Royal Bank of Scotland Group (RBS) 299.20p +2.01%Barclays (BARC) 297.75p +1.97%ARM Holdings (ARM) 894.50p +1.76%easyJet (EZJ) 1,047.00p +1.55%TUI Travel (TT.) 315.70p +1.51%Hargreaves Lansdown (HL.) 882.00p +1.50%FTSE 100 - FallersEurasian Natural Resources Corp. (ENRC) 275.50p -3.44%United Utilities Group (UU.) 699.00p -1.41%Kingfisher (KGF) 286.00p -0.52%Severn Trent (SVT) 1,677.00p -0.36%Randgold Resources Ltd. (RRS) 5,615.00p -0.35%Antofagasta (ANTO) 1,030.00p -0.29%Imperial Tobacco Group (IMT) 2,289.00p -0.09%Whitbread (WTB) 2,515.00p -0.08%British American Tobacco (BATS) 3,485.50p -0.07%Intertek Group (ITRK) 3,364.00p -0.03%FTSE 250 - RisersThomas Cook Group (TCG) 119.60p +7.07%Kentz Corporation Ltd. (KENZ) 429.50p +3.57%888 Holdings (888) 165.80p +3.05%SIG (SHI) 165.70p +2.66%EnQuest (ENQ) 140.90p +2.62%Ferrexpo (FXPO) 174.60p +2.28%Ashtead Group (AHT) 585.50p +2.18%Ladbrokes (LAD) 223.80p +2.10%Amlin (AML) 432.60p +2.10%Phoenix Group Holdings (DI) (PHNX) 663.00p +2.08%FTSE 250 - FallersDrax Group (DRX) 605.50p -3.43%NMC Health (NMC) 335.00p -1.73%Daejan Holdings (DJAN) 3,597.00p -1.59%PZ Cussons (PZC) 404.90p -1.53%Dialight (DIA) 1,329.00p -1.19%United Drug (UDG) 265.00p -0.97%Diploma (DPLM) 575.00p -0.95%Bumi (BUMI) 302.50p -0.95%Berendsen (BRSN) 756.00p -0.92%COLT Group SA (COLT) 130.40p -0.91%BC
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2 Aug 2023 09:38

John Wood wins multi-year agreement to provide services for Shell

(Alliance News) - John Wood Group PLC on Wednesday said it has been awarded a multi-year enterprise framework agreement to continue to provide services to Shell PLC's projects.

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2 Aug 2023 07:50

LONDON BRIEFING: Taylor Wimpey profit falls; BAE Systems revenue up

(Alliance News) - Stocks in London are called to open lower on Wednesday, after Fitch's US rating downgrade caused Asian markets to fall sharply.

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13 Jul 2023 08:54

John Wood backs annual outlook as trading shows "good growth"

(Alliance News) - John Wood Group PLC on Thursday reported "good trading" in the first half of the year as revenue rose around 15% annually to USD2.9 billion.

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13 Jul 2023 07:49

LONDON BRIEFING: UK GDP falls 0.1% in May, as production down

(Alliance News) - Stocks in London are expected to edge into the green on Thursday, following the latest set of UK economic data, as the pound strengthened to a 15-month high against the dollar.

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13 Jul 2023 07:44

Wood Group 1H profits in line with expectations, trading described as 'good'

(Sharecast News) - Wood Group posted strong revenue growth for the half and said that adjusted operating profits were in line with its own forecasts.

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6 Jul 2023 15:46

UK earnings, trading statements calendar - next 7 days

Friday 7 July 
MJ Gleeson PLCTrading Statement
Monday 10 July 
Big Yellow Group PLCQ1 Results
Crushmetric Group LtdFull Year Results
Eco Animal Health Group PLCFull Year Results
Totally PLCFull Year Results
Tuesday 11 July 
Begbies Traynor Group PLCFull Year Results
D4t4 Solutions PLCFull Year Results
Dechra Pharmaceuticals PLCTrading Statement
Galliford Try Holdings PLCTrading Statement
Pittards PLCFull Year Results
Sosandar PLCFull Year Results
Synectics PLCHalf Year Results
Trifast PLCFull Year Results
Velocity Composites PLCHalf Year Results
Wednesday 12 July 
Atalaya Mining PLCHalf Year Results
Carclo PLCFull Year Results
Grafton Group PLCTrading Statement
Loungers PLCFull Year Results
JD Wetherspoon PLCTrading Statement
ME Group International PLCHalf Year Results
PageGroup PLCTrading Statement
Renold PLCFull Year Results
Ten Entertainment Group PLCTrading Statement
Tharisa PLCTrading Statement
Tullow Oil PLCTrading Statement
Thursday 13 July 
Barratt Developments PLCTrading Statement
Brooks Macdonald Group PLCTrading Statement
Brunner Investment Trust PLCHalf Year Results
DSW Capital PLCFull Year Results
Experian PLCTrading Statement
Hays PLCTrading Statement
John Wood Group PLCTrading Statement
TClarke PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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3 Jul 2023 08:40

TOP NEWS: John Wood wins USD250 million Brunei contract extension

(Alliance News) - John Wood Group PLC on Monday said it was awarded a two-year contract extension by Brunei Shell Petroleum Co.

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3 Jul 2023 07:46

LONDON BRIEFING: Tesco names Burberry's Gerry Murphy as new chair

(Alliance News) - Stocks in London are expected to edge higher at the open on Monday, after the second half of 2023 got off to a strong start in Asia.

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3 Jul 2023 07:33

Wood Group secures $250m contract extension in Brunei

(Sharecast News) - Wood Group said on Monday that it has secured a $250m contract extension from Brunei Shell Petroleum, Brunei's largest energy producer.

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14 Jun 2023 14:58

Petrofac Ithaca, Wood Group workers to resume North Sea strike

June 14 (Reuters) - British union Unite said on Wednesday that North Sea offshore oil and gas workers employed by Petrofac on the FPF1 platform, and by the Wood Group UK Limited on TAQA platforms will resume strike action over pay next week.

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14 Jun 2023 14:21

Petrofac Ithaca, Wood Group workers to resume strike action, Unite says

June 14 (Reuters) - British union Unite said on Wednesday that offshore workers employed by Petrofac on the FPF1 platform, and the Wood Group UK Limited on TAQA platforms will resume strike action next week.

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2 Jun 2023 11:43

UK "seen as less accommodating" for big business, despite Dechra deal

(Alliance News) - Analysts were divided over what the latest takeover deal for a London mid-cap means for the wider financial market in the UK.

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26 May 2023 09:41

LONDON BROKER RATINGS: RBC cuts Halfords; Berenberg likes Sabre

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

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19 May 2023 14:54

John Wood investor Sparta Capital calls for buyback again

(Alliance News) - John Wood Group PLC should announce a share buyback programme to reverse its "material undervaluation", a shareholder said on Friday.

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15 May 2023 17:22

London stocks start week strong as banks, miners rise

Currys up after lifting annual earnings forecast

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