Kaz Minerals rallied as copper prices advanced. Science and engineering company Qinetiq pushed up as it said it continued to perform in line with its expectations in the third quarter and announced the acquisition of Newman & Spurr Consultancy for £14m. Electrocomponents was on the rise as its trading statement …
Read More »FTSE 250 movers: AG Barr fizzes higher; Avast dented by Peel Hunt note
London’s FTSE 250 was up 0.7% at 21,459.06 in afternoon trade on Tuesday. Irn-Bru maker AG Barr was the standout perform as it said full-year adjusted profit before tax was expected to be at the top end of current market expectations, “just ahead” of £37m. Revenue for the period was …
Read More »FTSE 250 movers: Aston Martin stalls, Tullow recovers
London’s FTSE 250 was 0.60% lower at 20,796.68 in afternoon trade on Tuesday, with Aston Martin Lagonda leading the index downward. Hunting followed close behind as it was knocked lower by a downgrade to ‘neutral’ at Credit Suisse due to falling US shale activity levels and disappointing results from internationally-exposed …
Read More »FTSE 250 movers: Dunelm surges, AJ Bell stumbles
London’s FTSE 250 was 0.20% higher at 20,706.34 in afternoon trade on Thursday, with Dunelm leading the charge upward. Shares of the homeware retailer surged after it said full-year pre-tax profit was set to come in higher than previous expectations. AJ Bell analyst Russ Mould said: “A lot can happen …
Read More »FTSE 250 movers: NewRiver drops, Tullow gushes higher
London’s FTSE 250 was lower by 0.38% at 20,733.26 in afternoon trade on Monday, with NewRiver leading the index downward. The real estate investment trust fell after it announced it had completed its acquisition of Sprucefield Retail Park in Lisburn, Northern Ireland, from Intu. Trainline dropped following the news that …
Read More »FTSE 250 movers: Victrex drops, Virgin Money climbs
London’s FTSE 250 was down by 0.32% at 20,956.09 in afternoon trade on Friday, with Victrex leading the index lower. Royal Mail was also weaker following a downgrade to ‘market perform’ at Bernstein, while the stock was also in focus after the Court of Appeal rejected a union appeal against …
Read More »FTSE 250 movers: Virgin Money soars, Future falters
London’s FTSE 250 was higher by 0.26% at 21,008.02 in afternoon trade on Thursday, with shares of Virgin Money UK leading the index higher. The Clydesdale and Yorkshire Bank owner surged even as it said full-year losses had widened and scrapped its dividend. AJ Bell analyst Russ Mould said: “Expectations …
Read More »FTSE 250 movers: Royal Mail tumbles, Direct Line climbs
London’s FTSE 250 was down by 0.83% at 20,304.86 in afternoon trade on Thursday, with Royal Mail dragging the index lower. Shares in the mail carrier tanked after the company said its transformation programme was behind schedule, cut its interim dividend and warned of a “challenging” outlook for the letters …
Read More »FTSE 250 movers: Apax Global falls, Trainline chugs higher
London’s FTSE 250 was 0.19% lower at 20,270.22 in afternoon trade on Tuesday, with Apax Global leading the index downward. Engineering company Weir Group was in the red after analysts at JPMorgan cut their target price for the stock from 1,500.0p to 1,380.0p and reiterated their ‘neutral’ rating following a …
Read More »FTSE 250 movers: IG Group climbs, Dunelm drops
London’s FTSE 250 was 0.15% higher at 20,083.88 in afternoon trade on Thursday, with IG Group leading the index higher. Shares of the online trading platform surged as it reported flat first-quarter revenues, saying that it performed well and backed its expectations for a return to revenue growth in FY20. …
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