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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: 196.30
Bid: 0.00
Ask: 201.00
Change: 0.00 (0.00%)
Spread: 3.40 (1.721%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 196.30
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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Wood Group to 'engage' with Sidara on takeover proposal

(Sharecast News) - Wood Group said late on Wednesday that it had decided to "engage" with Sidara after the Dubai-based engineering and consulting firm made an improved and final takeover proposal last week at 230p a share.

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5 Jun 2024 19:18

TOP NEWS: John Wood decides to engage with Sidara over possible bid

(Alliance News) - John Wood Group PLC on Wednesday said it has decided to engage with Dar Al-Handasah Consultants Shair & Partners Holdings Ltd after evaluating a fourth bid proposal received last Wednesday.

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29 May 2024 16:58

LONDON MARKET CLOSE: Stocks fall as US Treasury yields widen

(Alliance News) - Stock prices in Europe declined on Wednesday with markets nervy ahead of US data later this week, and as investors digest hawkish words from a US central banker.

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29 May 2024 15:35

TOP NEWS: John Wood gets "fourth and final" Sidara takeover bid

(Alliance News) - John Wood Group PLC on Wednesday confirmed that Dar Al-Handasah Consultants Shair & Partners Holdings Ltd has made another cash takeover offer.

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29 May 2024 14:55

Sidara raises proposed buyout offer for UK's Wood Group for third time

May 29 (Reuters) - Dubai-based engineering and consulting firm Sidara on Wednesday raised its proposed takeover offer for John Wood Group for the third time, saying that was its "final offer" for the British oilfield services and engineering company.

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29 May 2024 14:04

Sidara makes final takeover approach to Wood Group at 230p a share

(Sharecast News) - Wood Group said on Wednesday that it was evaluating a fourth and final "unsolicited, preliminary and conditional" takeover proposal from Dubai-based engineering and consulting firm Sidara at 230p a share.

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24 May 2024 17:05

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London close: Stocks mixed after disappointing retail sales data

(Sharecast News) - London stocks closed with mixed results on Friday, influenced by earlier declines in the US and Asian markets, as investors reacted to a larger-than-expected drop in UK retail sales.

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24 May 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 in red as UK election heats up

(Alliance News) - Stock prices in London were mostly in the red at midday Friday, as the UK election debate heats up and retail sales come in below expectations.

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24 May 2024 09:53

TOP NEWS: John Wood spurns third takeover approach from Sidara

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

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24 May 2024 07:52

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24 May 2024 07:02

Wood Group rejects new 220p-a-share approach from Sidara

(Sharecast News) - Wood Group said it had rejected a third unsolicited £1.52bn takeover proposal from rival Dubai-based engineering and consulting company Sidara, saying it continued to "significantly undervalue" the group and its prospects.

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