Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWag Payment Share News (WPS)

Share Price Information for Wag Payment (WPS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 65.00
Bid: 63.80
Ask: 65.60
Change: 1.20 (1.88%)
Spread: 1.80 (2.821%)
Open: 63.80
High: 68.00
Low: 63.80
Prev. Close: 63.80
WPS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

LONDON MARKET MIDDAY: FTSE 100 finds support from mining and oil

Tue, 20th Dec 2022 12:07

(Alliance News) - The FTSE 100 had perked up slightly to be nearly flat by midday on Tuesday, as miners and oil companies performed well, though equities remained under pressure from a gloomy economic outlook.

The FTSE 100 index was down just 4.03 points, 0.1%, at 7,357.28. The FTSE 250 was down 122.89 points, 0.7%, at 18,526.07, and the AIM All-Share was down 2.58 points, 0.3%, at 820.96.

The Cboe UK 100 was down 0.2% at 735.87, the Cboe UK 250 was down 0.8% at 15,994.68, and the Cboe Small Companies was marginally lower at 12,844.22.

European equities also bounced off morning lows on Tuesday. The CAC 40 in Paris was down 0.4% in early afternoon trade, while the DAX 40 in Frankfurt was down 0.3%.

Stocks in New York were called to open mostly lower. The Dow Jones Industrial Average was called flat, the S&P 500 index down 0.1%, and the Nasdaq Composite down 0.3%.

"It looks like Father Christmas has failed to bring about his much-anticipated Santa rally this year, with last week's central bank bonanza preventing markets from pushing higher. Volumes are also typically much lighter around this time with many traders and investors away for Hanukkah and Christmas, which can exacerbate any market moves in either direction," commented interactive investor's Victoria Scholar.

The central bank shocks continued on Tuesday, with the forex market still digesting a surprise move from the Bank of Japan. Early Tuesday, the normally-dovish central bank unexpectedly decided to expand the range for its ten-year yields.

"It is not what the BoJ did this morning that has caused waves in the market, but the fact that it did something that has taken investors by surprise and whetted the appetite of speculators," Rabobank commented.

The dollar dropped to JPY132.35 versus JPY137.00 late Monday. Sterling was quoted at USD1.2169, edging up from USD1.2160 at the London equities close on Monday. The euro traded at USD1.0642, up from USD1.0608.

In the FTSE 100, miners were helping prevent deeper losses. Antofagasta was up 1.6%, Glencore was up 1.5% and Fresnillo added 1.0%.

Gold was quoted at USD1,807.80 an ounce at midday on Tuesday in London, higher than USD1,787.77 late on Monday.

Optimism around the continued relaxation of Covid-19 restrictions in China buoyed sentiment for commodities, despite the latest resurgence in coronavirus cases in the world's second largest economy.

Oil majors BP and Shell added 0.5% each, while Brent oil fetched USD79.96 a barrel at midday in London, little changed from USD79.85 late Monday.

In the FTSE 250, Wag Payment Solutions - known as Eurowag - added 2.0%.

It has agreed to acquire the remaining 30% interest in Sygic for around EUR14.4 million. It bought a 70% stake in the Slovak automotive navigation systems firm back in 2019.

The transport-focused payment services firm also provided an update on its proposed purchase of Grupa Inelo, noting it has received approvals in North Macedonia and Slovenia. The Polish anti-trust authority also has given the nod to the deal.

Eurowag will send out a circular in early 2023, and expects completion to occur in the first quarter.

Small-cap energy services stock Petrofac fell 10%.

The London-based company provides services in oil, gas, refining, petrochemicals and renewable energy infrastructure. It expects a group loss before interest and tax of around USD100 million in 2022, due to a USD190 million loss in its Engineering & Construction business.

Petrofac said this was due to adverse commercial settlements and unrecovered cost overruns in its legacy contract portfolio, alongside cost increases on its Thai Oil clean fuel joint-venture contract.

"It certainly seems that incoming CEO Tareq Kawesh has his work cut out for him at Petrofac. Whilst legacy issues at Engineering & Construction should have less of an impact going forward, it seems that the division won't return to profitability next year. And the units that performed well this year are not expected to generate the same returns in 2023," commented Hargreaves Lansdown's Derren Nathan.

On AIM, Xpediator jumped 20%.

The freight management firm said it has been approached by a consortium, including its former chief executive, Stephen Blyth, for a potential takeover offer.

The consortium proposes a possible cash offer at 42p per Xpediator share, which is a 39% premium to its closing price on Monday of 38.84p. The consortium has support from the company's largest independent shareholders, who hold a 27% stake.

"The Xpediator board has granted the consortium access to due diligence materials and the consortium's due diligence is well advanced," the firm says.

"There is a growing risk that if the market isn't prepared to put a fair valuation on a company, then someone will come along and buy it. Increasingly, this someone is either the founder or a former director and that's exactly what is happening with transport group Xpediator," AJ Bell's Russ Mould remarked.

Still to come on Tuesday's economic calendar, there is flash EU consumer confidence at 1500 GMT.

By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2022 Alliance News Ltd. All Rights Reserved.

More News
12 Jan 2024 11:04

CORRECT: UK earnings, trading statements calendar - next 7 days

(Removing S4 Capital PLC from the events calendar on January 17.)

Read more
11 Jan 2024 15:53

UK earnings, trading statements calendar - next 7 days

Friday 12 January 
no events scheduled 
Monday 15 January 
Ashmore Group PLCTrading Statement
Assura PLCTrading Statement
Hercules Site Services PLCFull Year Results
PageGroup PLCTrading Statement
Ramsdens Holdings PLCFull Year Results
RS Group PLCTrading Statement
TwentyFour Select Monthly Income Fund LtdFull Year Results
Tuesday 16 January 
Alliance Pharma PLCTrading Statement
CAB Payments Holdings PLCTrading Statement
Card Factory PLCTrading Statement
Catalyst Media Group PLCFull Year Results
DFS Furniture PLCTrading Statement
Experian PLCTrading Statement
Genel Energy PLCTrading Statement
IntegraFin Holdings PLCTrading Statement
McBride PLCTrading Statement
Naked Wines PLCTrading Statement
Ninety One PLC and LtdTrading Statement
Ocado Group PLCTrading Statement
Petra Diamonds LtdTrading Statement
Revolution Bars Group PLCTrading Statement
Rio Tinto PLCTrading Statement
THG PLCTrading Statement
Wise PLCTrading Statement
Wednesday 17 January 
888 Holdings PLCTrading Statement
Alpha Group International PLCTrading Statement
Antofagasta PLCTrading Statement
Bankers Investment Trust PLCFull Year Results
Brooks Macdonald Group PLCTrading Statement
Diploma PLCTrading Statement
Galliford Try Holdings PLCTrading Statement
Gateley Holdings PLCHalf Year Results
Ibstock PLCTrading Statement
Liontrust Asset Management PLCTrading Statement
Midwich Group PLCTrading Statement
Oxford BioDynamics PLCFull Year Results
Pearson PLCTrading Statement
Rathbones Group PLCTrading Statement
S4 Capital PLCTrading Statement
Safestore Holdings PLCFull Year Results
Smiths Group PLCTrading Statement
Team17 Group PLCTrading Statement
Thursday 18 January 
AJ Bell PLCTrading Statement
Bakkavor Group PLCTrading Statement
boohoo Group PLCTrading Statement
Centamin PLCFull Year Results
Centaur Media PLCTrading Statement
Costain Group PLCTrading Statement
Craneware PLCTrading Statement
Currys PLCTrading Statement
Dr Martens PLCTrading Statement
Dunelm Group PLCTrading Statement
Energean PLCTrading Statement
Flutter Entertainment PLCTrading Statement
Frontier Developments PLCHalf Year Results
Hays PLCTrading Statement
Headlam Group PLCTrading Statement
Hotel Chocolat Group PLCTrading Statement
Judges Scientific PLCTrading Statement
Kier Group PLCTrading Statement
Marshalls PLCTrading Statement
N Brown Group PLCTrading Statement
NewRiver REIT PLCTrading Statement
Sage Group PLCTrading Statement
TheWorks.co.uk PLCHalf Year Results
WAG Payment Solutions PLCTrading Statement
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
11 Jan 2024 09:24

LONDON BROKER RATINGS: BoA cuts Diageo; RBC likes Antofagasta

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

Read more
10 Jan 2024 09:35

LONDON BROKER RATINGS: BofA cuts Ashtead; UBS likes 3i Group

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

Read more
7 Dec 2023 10:16

LONDON BROKER RATINGS: JPMorgan lowers IAG; Exane BNP cuts Vodafone

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

Read more
24 Oct 2023 09:54

Eurowag affirms 2023 margin outlook after "solid" first nine months

(Alliance News) - WAG Payment Solutions PLC on Tuesday backed its 2023 outlook, shaking off "macroeconomic headwinds".

Read more
17 Oct 2023 15:43

UK earnings, trading statements calendar - next 7 days

Wednesday 18 October 
888 Holdings PLCTrading Statement
Antofagasta PLCTrading Statement
BHP Group LtdTrading Statement
Cirata PLCTrading Statement
Hochschild Mining PLCTrading Statement
Liontrust Asset Management PLCTrading Statement
Quilter PLCTrading Statement
Segro PLCTrading Statement
Sosandar PLCTrading Statement
Whitbread PLCHalf Year Results
Thursday 19 October 
AJ Bell PLCTrading Statement
Centamin PLCQ3 Results
Deliveroo PLCTrading Statement
Dunelm Group PLCTrading Statement
GB Group PLCTrading Statement
Gear4Music PLCHalf Year Results
Hargreaves Lansdown PLCTrading Statement
London Stock Exchange Group PLCTrading Statement
Man Group PLCTrading Statement
Mondi PLCTrading Statement
PensionBee Group PLCTrading Statement
Rathbones Group PLCTrading Statement
Relx PLCTrading Statement
Rentokil Initial PLCQ3 Results
Sabre Insurance Group PLCTrading Statement
Schroders PLCTrading Statement
St James's Place PLCTrading Statement
Friday 20 October 
Foxtons Group PLCTrading Statement
InterContinental Hotels Group PLCTrading Statement
Record PLCTrading Statement
Monday 23 October 
Shanta Gold LtdTrading Statement
South32 LtdTrading Statement
Tuesday 24 October 
Angling Direct PLCHalf Year Results
Anglo American PLCTrading Statement
Barclays PLCQ3 Results
Bunzl PLCTrading Statement
FD Technologies PLCHalf Year Results
Gattaca PLCFull Year Results
Petra Diamonds LtdQ1 Results
Scancell Holdings PLCFull Year Results
Softcat PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
WAG Payment Solutions PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
11 Oct 2023 14:02

IN BRIEF: Eurowag aims to serve 1 million active trucks in Europe

WAG Payment Solutions PLC - London-based pan-European toll and fuel payments platform for commercial road transport - Eurowag hosts a capital markets day on Wednesday at which it sets out its "strategic ambitions". Aims to reach "over time" a goal of serving 1 million active trucks and will make the total number of active trucks a key performance indicator for the company, starting from 2024. Supporting this goal, Eurowag wants to onboard 50% of all new customers digitally, reducing acquisition costs to less than EUR300 per customer. It also aims to increase the number of products per customer to more than six and will make the number of products per active truck another KPI. Eurowag wants more than 60% of its revenue to come from subscription payments - another new KPI - and 20% from financing revenue.

Read more
4 Oct 2023 09:52

LONDON BROKER RATINGS: Goldman likes Relx; Jefferies likes Aviva

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

Read more
7 Sep 2023 09:39

Eurowag profit falls on higher costs but hails its "transformation"

(Alliance News) - WAG Payment Solutions PLC on Thursday reported lower pretax profit in the first half of 2023, partly due to acquisition costs.

Read more
7 Sep 2023 09:12

Revenue rises but profit before tax tumbles at Eurowag

(Sharecast News) - WAG Payment Solutions, trading as Eurowag, reported a significant increase in first-half net revenue on Thursday, which rose 36.9% year-on-year to €119.1m.

Read more
31 Aug 2023 15:52

UK earnings, trading statements calendar - next 7 days

Friday 1 September 
Diversified Energy Co PLCHalf Year Results
Monday 4 September 
Ashtead Technology Holdings PLCHalf Year Results
Belvoir Group PLCHalf Year Results
Tuesday 5 September 
Alumasc Group PLCFull Year Results
Ashtead Group PLCQ1 Results
Blackbird PLCHalf Year Results
Craneware PLCFull Year Results
DS Smith PLCTrading Statement
Ecora Resources PLCHalf Year Results
Eurocell PLCHalf Year Results
Gamma Communications PLCHalf Year Results
GetBusy PLCHalf Year Results
Headlam Group PLCHalf Year Results
Johnson Service Group PLCHalf Year Results
Luceco PLCHalf Year Results
Michelmersh Brick Holdings PLCHalf Year Results
Midwich Group PLCHalf Year Results
Pebble Group PLCHalf Year Results
Shearwater Group PLCFull Year Results
SigmaRoc PLCHalf Year Results
STV Group PLCHalf Year Results
Tissue Regenix Group PLCHalf Year Results
Wednesday 6 September 
Apax Global Alpha LtdHalf Year Results
Ashmore Group PLCFull Year Results
Bakkavor Group PLCHalf Year Results
Barratt Developments PLCFull Year Results
Darktrace PLCFull Year Results
Halfords Group PLCTrading Statement
Hochschild Mining PLCHalf Year Results
M Winkworth PLCHalf Year Results
Malin Corp PLCHalf Year Results
Nexteq PLCHalf Year Results
Oxford Nanopore Technologies PLCHalf Year Results
Restaurant Group PLCHalf Year Results
WH Smith PLCTrading Statement
Thursday 7 September 
Angle PLCHalf Year Results
Beazley PLCHalf Year Results
Cairn Homes PLCHalf Year Results
Currys PLCTrading Statement
Direct Line Insurance Group PLCHalf Year Results
Energean PLCHalf Year Results
Funding Circle Holdings PLCHalf Year Results
Genus PLCFull Year Results
Hilton Food Group PLCHalf Year Results
Inspecs Group PLCHalf Year Results
International Public Partnerships LtdHalf Year Results
Lords Group Trading PLCHalf Year Results
Melrose Industries PLCHalf Year Results
Mpac Group PLCHalf Year Results
Playtech PLCHalf Year Results
Polarean Imaging PLCHalf Year Results
Safestore Holdings PLCTrading Statement
Synthomer PLCHalf Year Results
Vistry Group PLCHalf Year Results
WAG Payment Solutions PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
27 Jul 2023 09:38

LONDON BROKER RATINGS: Shore Capital cuts AO World to 'sell'

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

Read more
4 Jul 2023 08:23

Eurowag buys further 18% stake in JITpay for EUR25.7 million

(Alliance News) - WAG Payment Solutions PLC on Tuesday said it has exercised its call option to acquire an additional 18% stake in JITpay GmbH.

Read more
4 Jul 2023 08:00

Eurowag exercises option to buy another 18pc of JITpay

(Sharecast News) - Road transport payments and mobility platform specialist Eurowag has exercised its call option to acquire an additional 18.01% stake in JITpay, it announced on Tuesday.

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.