Upgrades are coming for oil services sector - Canaccord
“We continue to prefer asset-light, well-financed businesses," Canaccord analyst Alex Brooks said.
Company
Gulf Marine Services PLC
LON:GMS
Gulf Marine Services (GMS) was founded in Abu Dhabi, UAE, in 1977 and has become the largest provider of self-propelled, self-elevating accommodation jackup barges not just in the Middle East, but also worldwide. These assets provide the stable platform for delivery of a wide range of services throughout the total lifecycle of offshore oil, gas and renewable energy activities, being capable of operations the Middle East, South East Asia, West Africa and Europe.
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Gulf Marine rallies on news of charter with a national oil company in the Middle East and North Africa
Founded in Abu Dhabi in 1977, GMS has become the leading provider of advanced self-propelled self-elevating support vessels in the world
Gulf Marine Services buoyed by new long-term contract
“The new charter demonstrates that the market is showing clear signs of recovery”
Risers and fallers: Sportech shares slide as Football Pools deal falls through
Sportech shares were hit hard on Tuesday after it told investors that the proposed sale of its Football Pools would now not go ahead
Risers and fallers: Mkango Resources and Brave Bison
A look at what shares are hot and what's not on Wednesday morning
Investments and investor services
Risers & Fallers: Aquatic Foods, Fastjet, Gulf Marine Services, Ovoca, Red Rock, SRT Marine
The Fastjet share price has perked up after directors were awarded options that exercise some 20% above the current share price
London stocks end firm but smaller stocks hurt by Brexit as BoE starts a liquidity blitz
London’s FTSE100 index closed firmer after a see-saw session on Tuesday but smaller stocks were hurt as post-Brexit sterling fell 2% and hit a new 1985 low, a gilt auction marked a record-low yield, and the Bank of England pumped emergency
Smaller stocks suffer as economic chaos grows after 'Brexit' vote
The FTSE 250, which contains more UK-focused stocks than the Footsie, fell 418.8 points to 15,697.9
Risers and fallers, including Barratt Developments, Petroneft and Caledonia Mining
A look at some significant share movers on Tuesday. July 5
Investments and investor services
Small cap shares ease lower after mixed day
The FTSE 100 Index made small gains but the small-cap benchmark eased lower
Stocks hold on to meagre gains as tourism stocks rally
Miing royalty company Anglo Pacific was among the top small-cap risers, but was put in the shade by bid stock Premier Foods
Archive
Stocks rally in the afternoon session
The FTSE 100 rallied to finish eight points higher at 6,193, while the two main AIM indices were in positive territory throughout the day.
Risers & fallers: Xeros Tech Group PLC, Fitbug PLC, Gulf Marine Services PLC...
Major share price risers and fallers in London at 4.15pm
Investments and investor services
Risers & Fallers: Real Good Food, Plutus Powergen, KEFI, Oilex, Creightons and Xeros
Below are the main news-driven share price movements at 4pm.
Archive
Wednesday's agenda: WPP's update will be pulse-check on the economy
There has been no world Cup this year to boost advertising spending but WPP has most likely done all right for itself.
Asset managers lead the Footsie's fight-back
The People’s Bank of China cut its main interest rate by from 4.85% to 4.6%, doing its bit to shore up confidence
Tuesday's agenda: Can BHP protects its dividend policy?
With investors still shaken from the global sell-off on Monday, BHP Billiton and Regus throw themselves into the limelight tomorrow.