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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
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Share Price: 187.80
Bid: 188.40
Ask: 188.60
Change: 2.30 (1.24%)
Spread: 0.20 (0.106%)
Open: 190.00
High: 190.00
Low: 185.10
Prev. Close: 185.50
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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17 Apr 2023 09:15

TOP NEWS: John Wood jumps amid takeover talks with Apollo

(Alliance News) - John Wood Group PLC on Monday said it has decided to engage with Apollo Management Holdings LP to see if a firm takeover offer can be made by the private equity firm on the same financial terms as Apollo's last proposal.

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17 Apr 2023 09:05

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17 Apr 2023 07:52

LONDON BRIEFING: Possible offers for Network International, John Wood

(Alliance News) - Stock prices in London were called higher on Monday, following Asian equities into the green.

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17 Apr 2023 07:45

European futures edge higher

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EUROPEAN FUTURES EDGE HIGHER (0639 GMT)

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17 Apr 2023 07:04

Wood Group opens talks with Apollo on possible £1.6bn bid

(Sharecast News) - Shares in Wood Group surged on Monday after the oil and gas engineering firm said it had decided to start talks with US private equity group Apollo on a potential £1.66bn takeover.

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13 Apr 2023 09:48

LONDON BROKER RATINGS: HSBC lifts housebuilders; Peel cuts Britvic

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4 Apr 2023 17:52

IN BRIEF: John Wood notes possible offer by Apollo for share capital

John Wood Group PLC - Aberdeen, Scotland-based energy sector-focused engineering and consulting business - Notes announcement by Apollo Management Holding LP of a possible offer for the entire share capital of the company at a final price of 240 pence per share in cash. The offer represents a 59% premium to the closing price of 151p, and a 20% premium to the initial proposal submitted to Wood of 200p per share in cash. It follows news that Apollo's last offer of 237p was privately rejected by the board of Wood.

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4 Apr 2023 16:59

Apollo sweetens bid for Britain's Wood Group with $2.1 bln offer

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4 Apr 2023 16:15

Apollo makes final takeover offer for Wood Group at £1.66bn

(Sharecast News) - Private equity firm Apollo Global Management said on Tuesday that it has made a fifth and final takeover offer for engineering firm Wood Group at £1.66bn.

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31 Mar 2023 14:47

Berenberg downgrades Wood Group after outperformance

(Sharecast News) - Berenberg downgraded Wood Group on Friday to 'hold' from 'buy' following recent outperformance, as it lifted its price target to 200p from 165p due to "the improved outlook", but said near-term risks are somewhat balanced.

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31 Mar 2023 10:01

LONDON BROKER RATINGS: UBS likes Beazley; Berenberg cuts Wood Group

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

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