Rays of sunshine for mining services

Shares in WDS and RCR Tomlinson have jumped after the two mining services companies gave positive outlooks during their AGMs today.

You just can’t expect much good news from mining services companies these days, but today is proving to be the exception for some with WDS (WDS) and RCR Tomlinson (RCR) issuing upbeat commentary during their annual general meeting today.

WDS is the standout with its stock recording the best one day gain in three-months of 8% to 81 cents after management gave an upbeat outlook and paid its first interim dividend.

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