The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 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 -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London open: Stocks rise as Chinese data offsets Fed uncertainty

Thu, 22nd Aug 2013 08:38

London's FTSE 100 rebounded strongly from a six-week low on Thursday morning, snapping a three-day losing streak, after economic data showed a surprise return to growth in Chinese manufacturing activity.The HSBC/Markit flash purchasing managers' index (PMI) for the Chinese manufacturing sector improved from 47.7 to 50.1 in August, well ahead of the 48.2 consensus forecast - the 50-point mark separates expansion from contraction.Markets were more or less shrugging off an underwhelming set of minutes from the Federal Reserve's latest policy meeting (released last night) which failed to shed any more light on a timeframe for the central bank's imminent tapering of quantitative easing. The Federal Open Market Committee said at their July 30-31st meeting that they are "broadly comfortable" with the plan to taper stimulus by the end of the year, as they have said in the past, with the labour market having "improved substantially" and economic growth expected to "strengthen further" in the second half.Stocks have been choppy over recent weeks in anticipation of the minutes - the Dow Jones in New York fell for the sixth consecutive day on Wednesday - as expectations increased that the Fed would begin to withdraw stimulus in September. While the outcome of this impending decision is still uncertain, these expectations have, arguably, now been priced into markets.IMI impresses with first-half resultsEngineering firm IMI was a high riser this morning after broadly meeting consensus estimates with its interim numbers with flat revenue of £1.09bn and a 1% increase in pre-tax profit to £170.1m. With the full-year result expected to be second half-weighted, investors were assured that the group "anticipate[s] better trading conditions in the remainder of the year".Glencore Xstrata was also performing well this morning as the miner continues to recover after disappointing the market with its first-half report earlier this week. JPMorgan cut its target price but maintained its 'overweight' position on the stock today, highlighting the group's "best-in-class free cash flow".Oil and gas services firm Wood Group was heading the other way after HSBC downgraded its rating from 'overweight' to 'neutral', saying it sees a "more benign medium-term outlook" post first-half results. Sector peers AMEC and Petrofac were also lower this morning.Closed life and pension fund consolidator Phoenix Group was in demand after saying strong cash generation continued in the first half as it confirmed that it remains on track to reach its full-year targets.FTSE 100 - RisersIMI (IMI) 1,477.00p +4.83%Glencore Xstrata (GLEN) 311.85p +2.33%Antofagasta (ANTO) 913.00p +2.01%Vedanta Resources (VED) 1,182.00p +1.90%International Consolidated Airlines Group SA (CDI) (IAG) 309.00p +1.68%RSA Insurance Group (RSA) 122.00p +1.67%TUI Travel (TT.) 360.30p +1.61%Royal Bank of Scotland Group (RBS) 339.30p +1.56%Wolseley (WOS) 3,243.00p +1.53%Meggitt (MGGT) 542.50p +1.50%FTSE 100 - FallersWood Group (John) (WG.) 800.00p -1.30%Fresnillo (FRES) 1,159.00p -0.43%Eurasian Natural Resources Corp. (ENRC) 226.20p -0.40%Experian (EXPN) 1,179.00p -0.34%Petrofac Ltd. (PFC) 1,231.00p -0.24%Amec (AMEC) 1,068.00p -0.19%Aggreko (AGK) 1,652.00p -0.12%Intertek Group (ITRK) 3,233.00p -0.12%FTSE 250 - RisersPhoenix Group Holdings (DI) (PHNX) 767.00p +2.95%COLT Group SA (COLT) 103.60p +2.78%St. Modwen Properties (SMP) 313.30p +2.49%Thomas Cook Group (TCG) 148.40p +2.42%SIG (SHI) 181.40p +2.31%Home Retail Group (HOME) 148.30p +2.21%IG Group Holdings (IGG) 565.50p +2.17%Renishaw (RSW) 1,708.00p +2.03%AZ Electronic Materials SA (DI) (AZEM) 328.80p +2.02%Fidessa Group (FDSA) 2,142.00p +2.00%FTSE 250 - FallersPremier Oil (PMO) 343.40p -3.81%Carillion (CLLN) 291.00p -2.12%PayPoint (PAY) 1,070.00p -1.83%NMC Health (NMC) 352.60p -1.78%Xaar (XAR) 820.00p -1.44%Edinburgh Dragon Trust (EFM) 260.00p -1.33%African Barrick Gold (ABG) 153.30p -1.29%Templeton Emerging Markets Inv Trust (TEM) 530.50p -1.21%JPMorgan Emerging Markets Inv Trust (JMG) 539.50p -1.19%Utilico Emerging Markets Ltd (DI) (UEM) 167.10p -1.07%BC
More News
12 Jan 2024 17:01

LONDON MARKET CLOSE: Stocks in green thanks to US PPI reading

(Alliance News) - Stock prices in Europe ended the week on a positive note, as US producer price inflation repaired some of the damages from Thursday's consumer price reading.

Read more
12 Jan 2024 15:39

London close: Stocks rise on positive UK economic data

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

Read more
12 Jan 2024 12:14

CORRECT: LONDON MARKET MIDDAY: Stocks rise after promising UK GDP data

(Correcting euro quote.)

Read more
12 Jan 2024 12:02

LONDON MARKET MIDDAY: Stocks rise after promising UK economic data

(Alliance News) - Stock prices in London were up at midday on Friday, clawing back some recent weakness, following a positive UK gross domestic product reading, and as investors digest the first wave of US quarterly earnings.

Read more
12 Jan 2024 08:32

TOP NEWS: John Wood revenue grows across business; confident for 2024

(Alliance News) - John Wood Group PLC on Friday said that 2023 trading was in line with expectations, with contract wins and strong order book expected to drive growth through 2024.

Read more
12 Jan 2024 07:05

Strong order book boosts Wood Group earnings

(Sharecast News) - Oil industry services company Wood Group said full-year adjusted core earnings would be slightly ahead of expectations on the back of a strong order book.

Read more
20 Dec 2023 17:11

LONDON MARKET CLOSE: Stocks in festive mood after inflation surprise

(Alliance News) - Stocks in London soared on Wednesday, outperforming European peers, after a sharp drop in the annual rate of UK inflation fuelled hopes for interest rate cuts next year.

Read more
20 Dec 2023 17:04

LONDON MARKET CLOSE: Slowing UK consumer inflation lifts local stocks

(Alliance News) - Stock prices in London closed up on Wednesday as local consumer price inflation slowing faster than expected boosted investor sentiment.

Read more
20 Dec 2023 15:05

London close: Stocks rise as UK inflation slows further

(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.

Read more
20 Dec 2023 10:00

John Wood appoints "business leaders" to leadership team

(Alliance News) - John Wood Group PLC on Wednesday announced the appointment of replacements for its outgoing human resources leader and group general counsel.

Read more
19 Dec 2023 09:14

Berenberg lowers target price on John Wood Group

(Sharecast News) - Analysts at Berenberg lowered their target price on engineering and consulting business John Wood Group from 200.0p to 180.0p on Tuesday, noting it still sees opportunities elsewhere in the sector.

Read more
19 Dec 2023 09:11

LONDON BROKER RATINGS: Peel Hunt raises Flutter to 'buy' from 'hold'

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

Read more
9 Nov 2023 11:22

John Wood quarterly revenue up on growth across all units

(Alliance News) - John Wood Group PLC on Thursday said sales growth across all of its units helped boost its quarterly revenue, and added its full year expectations remain unchanged.

Read more
9 Nov 2023 08:27

Wood Group reiterates FY guidance

(Sharecast News) - Engineering and consulting business John Wood Group reiterated its full-year outlook on Thursday after securing "significant contract wins" in the third quarter.

Read more
2 Nov 2023 15:57

UK earnings, trading statements calendar - next 7 days

Friday 3 November 
no events scheduled 
Monday 6 November 
Kingspan Group PLCTrading Statement
Kosmos Energy LtdQ3 Results
Ryanair Holdings PLCHalf Year Results
Tuesday 7 November 
Associated British Foods PLCFull Year Results
Beazley PLCQ3 Results
Direct Line Insurance Group PLCTrading Statement
dotdigital Group PLCFull Year Results
IWG PLCQ3 Results
Persimmon PLCTrading Statement
RS Group PLCHalf Year Results
Vaalco Energy IncQ3 Results
Watches of Switzerland Group PLCTrading Statement
Wednesday 8 November 
Conduit Holdings LtdQ3 Results
ITV PLCTrading Statement
JD Wetherspoon PLCQ1 Results
Marks & Spencer Group PLCHalf Year Results
MaxCyte IncQ3 Results
Secure Trust Bank PLCTrading Statement
Smiths News PLCFull Year Results
Time Out Group PLCFull Year Results
Thursday 9 November 
3i Group PLCHalf Year Results
Apax Global Alpha LtdQ3 Results
AstraZeneca PLCQ3 Results
Auto Trader Group PLCHalf Year Results
B&M European Value Retail SAHalf Year Results
Domino's Pizza Group PLCTrading Statement
Endeavour Mining PLCQ3 Results
Flutter Entertainment PLCTrading Statement
IMI PLCTrading Statement
Indivior PLCQ3 Results
John Wood Group PLCTrading Statement
Lancashire Holdings LtdTrading Statement
National Grid PLCHalf Year Results
Regional REIT LtdTrading Statement
Renewi PLCHalf Year Results
S4 Capital PLCTrading Statement
Tate & Lyle PLCHalf Year Results
Taylor Wimpey PLCTrading Statement
TBC Bank Group PLCQ3 Results
TheWorks.co.uk PLCTrading Statement
Trakm8 Holdings PLCHalf Year Results
Urban Logistics REIT PLCHalf Year Results
Vistry Group PLCTrading Statement
WH Smith PLCFull Year Results
Wincanton PLCHalf Year Results
Wizz Air Holdings PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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.