ShareCast News

FTSE 250 movers: Spirent falls on growth worries

Thu, 2nd Aug 2012 15:13

Communications technology firm Spirent Communications was heavy faller after it cautioned that overall growth in the second half may reduce to mid- to low-single digit increase amid ongoing macro-economic uncertainty.

High-flying Ophir Energy also disappointed the market as it revealed its gas discovery at the Papa-1 well off the coast of Tanzania is likely to contain lower recoverable resources than it had hoped for.

Leading the upside was industrial property group SEGRO after saying that pre-tax profits gained 5.3% in the first half despite net rental income falling by 3.4%. The firm also reported today that it has completed the sale of a portfolio of 10 non-core UK industrial estates for £110m.

FTSE 250 - Risers

SEGRO (SGRO) 241.30p +6.39%

Carpetright (CPR) 603.50p +2.72%

FirstGroup (FGP) 235.90p +2.48%

Hikma Pharmaceuticals (HIK) 728.50p +2.46%

Rank Group (RNK) 119.90p +2.39%

Brown (N.) Group (BWNG) 267.30p +2.14%

BH Global Ltd. USD Shares (BHGU) 11.46 +1.87%

Daejan Holdings (DJAN) 2,951.00p +1.76%

Interserve (IRV) 326.30p +1.75%

ITE Group (ITE) 193.80p +1.73%

FTSE 250 - Fallers

Spirent Communications (SPT) 142.50p -15.43%

Ophir Energy (OPHR) 525.00p -9.87%

Aquarius Platinum Ltd. (AQP) 35.05p -6.03%

Kentz Corporation Ltd. (KENZ) 357.10p -5.78%

Ferrexpo (FXPO) 177.50p -3.69%

Michael Page International (MPI) 356.10p -3.44%

PayPoint (PAY) 681.00p -3.40%

Petra Diamonds Ltd.(DI) (PDL) 114.10p -3.39%

Cape (CIU) 180.80p -3.32%

Elementis (ELM) 203.00p -3.01%

NR

Related Shares: Spirent Communications (SPT), SEGRO (SGRO).

Back to ShareCast News

Datafeed and UK data supplied by NETbuilder and Interactive Data. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.