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POFCY Petrofac Ltd (PK)

0.0958
-0.0032 (-3.23%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Petrofac Ltd (PK) USOTC:POFCY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.0032 -3.23% 0.0958 0.0913 0.1113 0.101 0.082 0.101 795,562 21:14:28

LONDON MARKETS: FTSE 100 Edges Higher On Respite For Oil Shares

15/12/2014 9:31am

Dow Jones News


Petrofac (PK) (USOTC:POFCY)
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By Carla Mozee, MarketWatch

LONDON (MarketWatch) -- U.K. stocks edged higher Monday, as recently beaten-down oil shares posted modest advances.

The FTSE 100 picked up 0.1% to 6,306.67.

Ranking at the top of the FTSE 100 were oil producers Tullow Oil PLC , up 3.2%, and BG Group PLC , higher by 2.4%. Tullow shares have declined over past eight sessions, and BG Group has fallen in the last three sessions, each hit as oil prices have tumbled to five-year lows on oversupply concerns.

Shares of oil-services provider Petrofac Ltd. picked up 2% following last week's 12.9% rout.

BT Group PLC shares were 0.5% ahead of an expected announcement on whether mobile-services company EE or rival provider O2 will be the target of an acquisition. EE is a joint venture of Deutsche Telekom AG and Orange SA , and O2 is owned by Telefonica .

Leading the decliners on the FTSE 100 was media company Sky PLC , down by 1.2%.

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