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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: 187.80
Bid: 0.00
Ask: 200.00
Change: 0.00 (0.00%)
Spread: 11.60 (6.157%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 187.80
WG. Live PriceLast checked at -

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Sector movers: Oilfield services, mining and housebuilers lead market higher

Wed, 13th May 2015 12:46

Oilfield services, mining and housebuilding stocks took the London market back into the green on Wednesday.At 15:18 BST, the FTSE 100 was trading at 6,966.21 up 0.47% or 32.41 points with housebuilders edging the blue chip index higher as they continued to benefit from buoyancy in the wider property market in wake of the UK general election.Persimmon (up 4.23%), Barratt Developments (up 3.94%) and Taylor Wimpey (up 2.87%) posted significant gains to make up three out of the top five FTSE 100 stocks intraday. In the wider market, real estate agents Winkworth (up 5.77%), Countrywide (up 5.22%) and Savills (up 0.97%) were in the green, ferrying the segment index to 3,131.74, up 45.65 points or 1.48%.Furthermore, Barratt Developments also raised its expectations for housing completions and profits for the full-year in a fresh trading update adding to positive sentiment.The session was also dominated by natural resources related stocks as an uptick in the oil, gold and copper markets boosted prices of oil and gas, oilfield services and mining stocks. Wood Group boosted buying in oilfield services stocks after the FTSE 250 company said it aimed to reduce its costs by $30m (£19.1m) in the remainder of 2015.The company added that it expected to deliver "strong cash flow" and that it had a strong balance sheet which provides security and flexibility. Wood Group's stock spiked 2.29% to 716p on the news. Rivals Petrofac (up 4.64%), Hunting (up 3.29%) and Amec (up 3.09%) also benefitted from the feel good factor pushing the segment index 3.14% higher to 18,917.13 points.Elsewhere, mining stocks strengthened on the back of improvement in base metals prices. Fresnillo (up 4.48%) was among the leading FTSE 100 stocks of the day. In the wider market, Randgold Resources (up 2.89%), Lonmin (up 2.52%), Antofagasta (up 1.07%) were notable risers with Rio Tinto also marginally in the green.Continuing with the sector Vedanta (up 0.41%) was also trading in the green on the appointment of Ajay Dixit as the new chief executive its power division. The industry veteran had been with Siemens for 35 years during which time he covered a number senior executive roles. Dixit began his service on 11 May. Finally, general retail stocks provided a positive market footnote with Majestic Wine (up 4.26%), Moss Bros (3.23%), Sports Direct (2.52%), Halfords (2.02%), Dixons Carphone (up 1.99%) and Kingfisher (up 1.31%) among the major risers in the segment.Top five sectorsOil Equipment, Services & Distribution 18,917.13 +575.91 +3.14% Metals & Mining 2,019.97 +51.21 +2.60% Real Estate & Housebuilders 3,133.03 +46.94 +1.52% Mobile Telecommunications 5,402.87 +79.15 +1.49% General Retailers 3,233.82 +43.16 +1.35%
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(Alliance News) - Stock prices in London closed higher on Wednesday, while the dollar struggled after a softer US inflation reading and weaker retail sales data, which put pressure on the Federal Reserve to consider rate cuts soon.

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15 May 2024 15:55

TOP NEWS: John Wood rejects improved takeover proposal by Sidara

(Alliance News) - John Wood Group PLC on Wednesday said it rejected a new takeover proposal from Dar Al-Handasah Consultants Shair & Partners Holdings Ltd, known as Sidara.

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15 May 2024 15:38

Wood Group rejects 212p a share takeover proposal from Sidara, shares tumble

(Sharecast News) - Wood Group tumbled on Wednesday after saying it had rejected a second, improved £1.5bn takeover proposal from Dubai-based engineering and consulting company Sidara.

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13 May 2024 15:36

London close: Stocks take a breather after last week's surge

(Sharecast News) - London's stock markets ended the day in negative territory on Monday, with investors taking a breather following a six-day winning streak that propelled the FTSE 100 to a new all-time high.

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13 May 2024 12:01

LONDON MARKET MIDDAY: Stocks flat as IPO chat brightens up subdued day

(Alliance News) - Stocks in London marked time on Monday, consolidating recent gains, ahead of a key week of US economic data.

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10 May 2024 10:10

Berenberg hikes target price on John Wood

(Sharecast News) - Analysts at Berenberg raised their target price on engineering and consulting business John Wood Group from 150.0p to 220.0p on Friday following the group's first-quarter trading statement that came hot on the heels of news that it had rejected a takeover bid at 205.0p per share.

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10 May 2024 09:52

LONDON BROKER RATINGS: UBS raises Trainline, cuts Kingspan

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

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9 May 2024 12:57

John Wood first quarter revenue drops but keeps positive outlook

(Alliance News) - John Wood Group PLC on Thursday reported a drop in its quarterly sales, but maintained an upbeat outlook.

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9 May 2024 07:43

Wood Group Q1 EBITDA rises but revenues fall

(Sharecast News) - Wood Group posted a rise in first-quarter EBITDA but a drop in revenue on Thursday, a day after saying it had rejected a £1.4bn takeover proposal from Dubai-based Sidara.

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8 May 2024 18:15

UPDATE: Sidara ponders next move after John Wood rejects bid approach

(Alliance News) - Sidara on Wednesday said it is "considering its next steps" after John Wood Group PLC rejected a takeover approach.

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8 May 2024 17:46

FTSE 100 hits record high, pound slips ahead of BoE verdict

FTSE 100 up 0.5%, FTSE 250 adds 0.4%

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8 May 2024 16:54

LONDON MARKET CLOSE: Shares rise as eyes turn to Bank of England

(Alliance News) - Stock prices in London closed higher on Wednesday, with the FTSE 100 achieving another record high and markets in a confident mood ahead of Thursday's Bank of England decision.

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8 May 2024 16:36

London close: Stocks rise further ahead of BoE decision

(Sharecast News) - London's stock markets closed with gains on Wednesday, bolstered by a dip in the value of the pound against both the dollar and the euro.

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8 May 2024 13:56

UK's Wood Group rejects engineering firm Sidara's 1.4 bln pound bid

May 8 (Reuters) - British oilfield services and engineering firm John Wood Group rejected a potential 1.42 billion pound ($1.77 billion) buyout proposal from Dubai-based firm Sidara on Wednesday, saying it "undervalued Wood and its future prospects".

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8 May 2024 13:22

Wood Group surges after rejecting 205p a share takeover proposal from Sidara

(Sharecast News) - Wood Group surged on Wednesday after saying it had rejected a 205p a share takeover proposal from Dubai-based engineering and consulting company Sidara, valuing it at more than £1.4bn.

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