Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video 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: 206.20
Bid: 205.80
Ask: 208.80
Change: 2.60 (1.28%)
Spread: 3.00 (1.458%)
Open: 203.60
High: 209.40
Low: 202.20
Prev. Close: 203.60
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 midday: Stocks rise after flurry of corporate updates

Thu, 01st Nov 2012 11:50

- Results impress from BT, BSkyB, Lloyds... - Markets await barrage of economic data Stateside- Chinese manufacturing beats expectationsImpressive gains from BT Group, Lloyds, BSkyB and Legal & General were lifting the FTSE 100 higher on Thursday, with better-than-expected economic figures from China providing a catalyst for buying.The HSBC Chinese manufacturing sector purchasing managers' index for the month of October rose to 49.5, from 47.9 in the month before, according to survey compiler Markit. This was an eight-month high and not far from the key level of 50 which indicates that the sector contraction has ceased. The consensus estimate was for 49.1. In UK economic news, manufacturing PMI for the month of October retreated to 47.5 points, after a reading of 48.1 (preliminary: 48.4) in the month before, according to the figures released by Markit. The consensus estimate had been for a reading of 48.Markets across Europe were broadly higher today, though gains were moderate. Indices are "lacking a whole lot of conviction and volume as most of Europe observes All Saints' Day," said market strategist Ishaq Siddiqi from ETX Capital.Investors will likely be keeping a close eye on the US today as a barrage of economic indicators Stateside come out in the next few hours. In total, nine separate pieces of data are due out today, including consumer confidence, construction spending and jobless claims.FTSE 100: BT, Lloyds are standout performers after resultsTelecommunications giant BT surged after it bumped up its interim dividend following a solid second quarter which saw profits before tax grow 7% despite a 9% fall in adjusted revenue. Banking giant Lloyds rose strongly after an 'in-line' third-quarter statement. The lender said that it is making progress despite delivering a statutory loss before tax of £583m for the first nine months of the year, including a further Payment Protection Insurance (PPI) provision of £1bn in the third quarter.Pay-TV and broadband provider BSkyB advanced after seeing decent growth across the board in the first quarter, helped by the number of high-profile sporting events that fell in the period, such as the US Open, Ryder Cup and Olympic Games. Anglo-Dutch integrated oil major Shell rose after its third-quarter net income was comfortably ahead of expectations. "I am pleased with our progress in a difficult industry environment. There is more to come from Shell," said CEO Peter Voser. Investments and insurance group Legal & General was wanted after generating record revenues in the third quarter, with UK and US protection sales each rising by around a third. Oilfield support services company Wood Group also rose after announcing that a series of management changes has come into effect today, including the retirement of its Chairman Sir Ian Wood. However, not all updates received approval by the markets this morning: speciality chemicals group Croda tanked after selling its Italian business and saying that month-to-month trading in the third quarter had been "volatile". Commodities trader and mines owner Glencore was subdued after saying its third quarter was a good one, despite generally weaker commodity prices. Oil and gas firm BG Group was continuing to fall after cutting back production guidance yesterday. Shares are now down 16% on the week.FTSE 250: Centamin and Dixons surge; Chemring plummetsGold miner Centamin jumped after shares were restored to trading; the stock was suspended on Tuesday after media reports suggested that a court had over-ruled a 2005 decision to award the company its flagship contract to mine at the Sukari project in Egypt. In a written statement yesterday, Centamin reassured that no written decision has yet been made but it still stood firm that the court does not have jurisdiction to cancel the concession.Electricals retailer Dixons was registering impressive gains on news that its main High Street rival, Comet, is likely to go into administration.Defence contractor Chemring disappointed investors today after reducing profit expectations for the financial year ended October 31st following delays and technical problems in a number of contracts.FTSE 100 - RisersBT Group (BT.A) 226.20p +6.45%Lloyds Banking Group (LLOY) 43.15p +6.35%British Sky Broadcasting Group (BSY) 744.50p +5.01%Legal & General Group (LGEN) 139.10p +3.81%Royal Bank of Scotland Group (RBS) 284.90p +3.22%Barclays (BARC) 233.85p +2.79%Next (NXT) 3,646.00p +2.24%Burberry Group (BRBY) 1,191.00p +2.14%ARM Holdings (ARM) 675.50p +1.58%Rolls-Royce Holdings (RR.) 867.50p +1.52%FTSE 100 - FallersBG Group (BG.) 1,097.00p -4.40%Croda International (CRDA) 2,143.00p -2.64%Tullow Oil (TLW) 1,387.00p -1.21%Old Mutual (OML) 170.00p -1.16%Smith & Nephew (SN.) 648.00p -1.07%Petrofac Ltd. (PFC) 1,593.00p -0.69%Randgold Resources Ltd. (RRS) 7,350.00p -0.68%Meggitt (MGGT) 383.70p -0.60%Serco Group (SRP) 563.50p -0.53%Morrison (Wm) Supermarkets (MRW) 266.50p -0.52%FTSE 250 - RisersCentamin (DI) (CEY) 72.95p +14.30%Dixons Retail (DXNS) 23.44p +13.79%Home Retail Group (HOME) 122.30p +7.19%Hunting (HTG) 792.50p +5.88%Heritage Oil (HOIL) 200.00p +3.47%Domino's Pizza Group (DOM) 522.50p +3.36%Halfords Group (HFD) 356.20p +3.07%Moneysupermarket.com Group (MONY) 138.00p +2.99%Soco International (SIA) 347.70p +2.93%Cookson Group (CKSN) 598.00p +2.66%FTSE 250 - FallersChemring Group (CHG) 259.50p -17.28%SDL (SDL) 505.00p -4.81%Henderson Group (HGG) 113.50p -2.99%Lonmin (LMI) 500.00p -2.53%Perform Group (PER) 390.90p -2.52%Mondi (MNDI) 665.00p -2.49%Hochschild Mining (HOC) 483.30p -2.36%Playtech Ltd. (PTEC) 415.40p -1.94%ITE Group (ITE) 189.70p -1.81%RPS Group (RPS) 229.90p -1.71%BC
More News
14 Jan 2022 09:55

LONDON BROKER RATINGS: Exane BNP cuts BAE Systems and Rolls-Royce

LONDON BROKER RATINGS: Exane BNP cuts BAE Systems and Rolls-Royce

Read more
13 Jan 2022 12:20

LONDON MARKET MIDDAY: Pound unmoved by calls for UK PM to resign

LONDON MARKET MIDDAY: Pound unmoved by calls for UK PM to resign

Read more
13 Jan 2022 10:06

UPDATE 2-Countryside Properties, M&S drag British midcaps lower; banks lift FTSE 100

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Tesco, M&S slip after lifting profit outlooks* Countryside Properties drops as CEO steps down* FTSE 100 up 0.2%, FTSE 250 off 0.4% (Update...

Read more
13 Jan 2022 09:51

John Wood sales drop in 2021 but momentum rebuilds; plans disposal

John Wood sales drop in 2021 but momentum rebuilds; plans disposal

Read more
13 Jan 2022 09:35

LONDON BROKER RATINGS: UBS double upgrades Direct Line to Buy

LONDON BROKER RATINGS: UBS double upgrades Direct Line to Buy

Read more
13 Jan 2022 08:07

Wood Group to sell environment unit as core earnings fall

(Sharecast News) - Consulting and engineering company John Wood Group on Thursday reported a fall in core profit and said it was selling its built environment division after a review.

Read more
6 Jan 2022 16:01

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
10 Dec 2021 09:45

LONDON BROKER RATINGS: JPMorgan raises Tullow Oil and Petrofac

LONDON BROKER RATINGS: JPMorgan raises Tullow Oil and Petrofac

Read more
9 Dec 2021 09:27

LONDON BROKER RATINGS: Morgan Stanley upgrades Rio Tinto and Polymetal

LONDON BROKER RATINGS: Morgan Stanley upgrades Rio Tinto and Polymetal

Read more
8 Dec 2021 09:30

LONDON BROKER RATINGS: Morgan Stanley raises Sage and downgrades Avast

LONDON BROKER RATINGS: Morgan Stanley raises Sage and downgrades Avast

Read more
26 Nov 2021 12:52

Eqtec inks gasification collaboration deal with Wood

(Sharecast News) - Waste-to-energy gasification technology company Eqtec has signed a collaboration deal with energy consulting and engineering company Wood, it announced on Friday.

Read more
18 Nov 2021 09:41

LONDON BROKER RATINGS: UBS and Jefferies start WAG Payment at Buy

LONDON BROKER RATINGS: UBS and Jefferies start WAG Payment at Buy

Read more
15 Nov 2021 09:33

LONDON BROKER RATINGS: RBC and Goldman Sachs downgrade B&M

LONDON BROKER RATINGS: RBC and Goldman Sachs downgrade B&M

Read more
12 Nov 2021 12:07

LONDON MARKET MIDDAY: Stocks lack direction amid profit-taking

LONDON MARKET MIDDAY: Stocks lack direction amid profit-taking

Read more
12 Nov 2021 09:41

TOP NEWS: John Wood reviews part of Consulting unit as revenue to fall

TOP NEWS: John Wood reviews part of Consulting unit as revenue to fall

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.