Register
Login:
Share:
Email Facebook Twitter

RNS VIDEO: Reabold Resources #RBD raise £6 million and take stake in Danube Petroleum Watch here

EXCLUSIVE: HemoGenyx are creating blood cancer treatments with US$9 billion market potential


ShareCast News


FTSE 250 movers: Indivior surges but Countryside slides on placing

Fri, 1st Dec 2017 14:19


(ShareCast News) - London's FTSE 250 was flat at 19,957.08 in quiet afternoon trade on Friday.

Indivior surged after receiving approval from the US drug regulator to market its once-monthly injectable treatment for moderate to severe opioid use disorder, which analysts believe could lift company sales north of $1bn.

The US Food and Drug Administration overnight gave its approval for what Indivior has branded Sublocade, an extended-release form of buprenorphine, meaning it is expected to be available to patients in the US in the first quarter of 2018.

ZPG was in the black after the Zoopla and PrimeLocation owner completed the acquisition of Calcasa, a Dutch provider of automated property valuations and statistical market analysis.

On the downside, housebuilder and regeneration partner Countryside Properties was under the cosh after private equity firm Oaktree Capital - its largest shareholder - sold a 15% stake in the group. Oaktree sold 67.5m shares in the company at 340p each through an accelerated bookbuild, amid strong demand.

Royal Mail was hit by a downgrade to 'sell' from 'hold' at Deutsche Bank.

"We think it will be more difficult for RMG to modernise and take costs out of the business in an environment where GDP growth is weak, there is low visibility on business confidence post Brexit, generally higher wage bill pressures and an on-going mediation process with the unions over pay and pensions," it said.

Redefine was also in the red as it said it was changing its name and rebranding to RDI REIT P.L.C., an acronym for Real Estate Diversified Income REIT. It said the new brand is "synonymous with the company's intention to become the UK's leading income focused REIT delivering superior, sustainable and growing income" for its shareholders.

Risers

Indivior (INDV) 398.70p 7.52%

Inmarsat (ISAT) 507.95p 5.19%

Wizz Air Holdings (WIZZ) 3,469.00p 3.74%

Greencore Group (GNC) 216.80p 3.19%

McCarthy & Stone (MCS) 169.70p 2.85%

Hochschild Mining (HOC) 235.00p 2.58%

P2P Global Investments (P2P) 808.00p 2.54%

Dixons Carphone (DC.) 162.90p 2.52%

Petrofac Ltd. (PFC) 430.90p 2.45%

ZPG Plc (ZPG) 330.80p 2.45%

Fallers

Countryside Properties (CSP) 343.08p -5.88%

Dignity (DTY) 1,664.00p -3.93%

Travis Perkins (TPK) 1,548.00p -3.79%

Royal Mail (RMG) 425.30p -3.76%

Pets at Home Group (PETS) 168.20p -3.44%

Sophos Group (SOPH) 550.00p -3.25%

Rank Group (RNK) 238.85p -3.02%

esure Group (ESUR) 252.20p -2.47%

Entertainment One Limited (ETO) 298.65p -2.34%

Redefine International (RDI) 35.28p -2.14%




Back to ShareCast News


Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk




Datafeed and UK data supplied by NBTrader and Digital Look. 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.