BG Group plc (LON:BG) has taken a similar sideways trend to its sector peer BP in recent weeks. The sideways pattern has been defined by support at 900p to the downside and 1000p as resistance to gains.
Directors at drinks giant Diageo (LSE: DGE) (NYSE: DEO.US), oil and gas firm BG Group (LSE: BG) (NASDAQOTH: BRGGY) and Reckitt Benckiser spin-out Indivior (LSE: INDV) have recently been splashing cash on shares in their own companies.
BG Group is a prime example of how companies with seemingly bright prospects can fall back to earth. Indeed, back in 2012 the company's shares were worth more than �15 each as management pumped money into liquefied natural gas projects, which ...
At first glance, the market outlook for diversified mining giants BHP Billiton (LSE: BLT) and Rio Tinto (LSE: RIO) and oil producer BG Group (LSE: BG) received a much-needed fillip overnight with the release of Chinese factory data for February.