Market Report: Mugabe anti-foreigner Bill corrodes Aquarius
Ronaldinho  |  by news.independent.co.uk. All rights reserved. 7.10 | 9:40

At the other end, Wood Group, the energy service company, was heavily sold after a downbeat note from UBS. The Swiss broker downgraded Wood to "neutral," saying it was trading at a 28 per cent premium. It also poured cold water on the takeover talk sparked by General Electric's takeover of Sondex this month.

"Finding credible bidders for a business as large as Wood Group is challenging," UBS said. The stock slumped 5.72 per cent to 399.

75p.

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Keywords: Wood Group
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