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FTSE 250 movers: Computacenter jumps while SIG's foundations crack

Tue, 08th Jan 2019 15:36

(Sharecast News) - London's FTSE 250 was up 1.64% at 18,270.15 in afternoon trade on Tuesday, with Computacenter and Electrocomponents leading the charge.IT services provider Computacenter was the top riser, followed closely by Electrocomponents which made gains as Jefferies upgraded the stock to 'buy' from 'hold' while UBS raising its own recommendation for the shares to 'buy' from 'neutral'.In parallel, Serco climbed after the company won an asylum accommodation and support services contract for the North West and the Midlands and East of England, with a total contract value estimated to be around £1.9bn over the ten-year term, adding £1.9bn to the group's order book.Luxury car manufacturer Aston Martin Lagonda jumped after reporting that it has put in place a number of measures to prepare for a potential 'no-deal' Brexit.Pub operator Greene King rallied as it posted a 10.9% jump in like-for-like sales over Christmas and the New Year and expressed confidence over the full year, while Rotork was also on the rise after being upgraded Bank of America Merrill Lynch.Building materials group SIG was the worst performer on the FTSE 250 after saying it expects profit for 2018 to drop on the back of lower trading revenue amid challenging market conditions.In a research note, analysts from Canaccord said: "The profit miss will be food for the bears and until there is further evidence of profit improvement and visibility over where earnings will trough, the shares are likely to remain under pressure despite the obvious potential."Finally, precious metals miners Centamin, Acacia Mining and Polymetal International were under pressure as gold prices backed-off amid the more upbeat investor attitude and corrective weakness after prices reached a six-month high last week.Market MoversFTSE 250 (MCX) 18,270.15 1.64%FTSE 250 - RisersComputacenter (CCC) 1,054.65p 8.50%Electrocomponents (ECM) 541.00p 7.98%Serco Group (SRP) 109.90p 7.64%Just Group (JUST) 100.74p 6.94%Aston Martin Lagonda Global Holdings (AML) 1,284.80p 6.13%Greene King (GNK) 585.00p 5.75%Playtech (PTEC) 433.00p 5.07%TI Fluid Systems (TIFS) 171.90p 4.95%Rotork (ROR) 262.10p 4.80%Rank Group (RNK) 149.00p 4.78%FTSE 250 - FallersSIG (SHI) 110.70p -5.06%Hikma Pharmaceuticals (HIK) 1,620.50p -3.97%Vivo Energy (VVO) 128.04p -3.86%Energean Oil & Gas (ENOG) 639.30p -1.65%Centamin (DI) (CEY) 119.20p -1.24%Acacia Mining (ACA) 197.65p -1.17%Grafton Group Units (GFTU) 689.50p -1.08%Polymetal International (POLY) 857.20p -1.06%Convatec Group (CTEC) 140.35p -0.99%Contour Global (GLO) 188.20p -0.90%
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10 Jul 2019 07:45

REPEAT: Barrick To Meet With Acacia Following SRK Consulting Report

(Alliance News) - Barrick Gold Corp is to meet with Acacia Mining PLC next week, it said Wednesday, following the publication of a report which valued Acacia far above Barrick's Tuesday, said

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10 Jul 2019 07:39

Barrick Gold To Meet With Acacia Following SRK Consulting Report

(Alliance News) - Barrick Gold Corp is to meet with Acacia Mining PLC next week, it said Wednesday, following the publication of a report which valued Acacia far above Barrick's Tuesday, said

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9 Jul 2019 18:11

Acacia Gives Barrick 10 Days To Mull Competent Persons Report

(Alliance News) - Acacia Mining PLC said Tuesday a competent persons report, prepared by an industry consultant, has valued its shares at 271 pence each.Shares in the miner closed 1.6% in a

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8 Jul 2019 16:52

LONDON MARKET CLOSE: Caution Prevails As Market Mulls Over US Jobs

(Alliance News) - London stocks started the new week on a cautious note after Friday's US jobs report, with traders now anticipating milder easing action from the Federal Reserve. Ocado Group

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8 Jul 2019 10:29

WINNERS & LOSERS SUMMARY: Imperial Brands Rises On Share Buyback Plans

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - WINNERS----------Imperial up 2.8%.

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8 Jul 2019 08:33

Acacia Mining Confident To Hit 2019 Output Targets Amid String Quarter

(Alliance News) - Acacia Mining PLC said Monday it was confident of achieving its 2019 gold production targets after a strong second quarter which saw its Tanzanian North Mara mine output the gold

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8 Jul 2019 07:42

LONDON MARKET PRE-OPEN: Imperial Brands, Gulf Keystone Launch Buybacks

(Alliance News) - Stock prices in London are seen opening in the red on Monday, tracking Asian equity markets sharply lower, after a strong US jobs report on Friday dented hopes the Federal will a

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5 Jul 2019 12:13

LONDON MARKET MIDDAY: Housebuilders Hurt By Slip In UK House Prices

(Alliance News) - Stocks continued to trade mostly lower at midday on Friday, as market focus remained on the US jobs report later in the day.Holding back the FTSE 100 were losses for and miners,

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5 Jul 2019 10:55

WINNERS & LOSERS SUMMARY: SIG Victim Of Weak UK Construction Market

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - LOSERS----------Anglo down 2.6%, in

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5 Jul 2019 08:43

LONDON MARKET OPEN: Stock Open Lower As German Data Disappoints

(Alliance News) - London stock prices opened slightly lower on Friday, after a fall in German factory orders was confirmed, providing a further indication of a slowing eurozone economy, but market

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5 Jul 2019 07:54

Acacia Mining Boosts Reserves At Tanzania's North Mara Mine

(Alliance News) - Successful drilling at the North Mara mine in Tanzania has allowed Acacia Mining PLC to upgrade reserves, it said Friday.As of the end of May, North Mara's Gokona mine

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5 Jul 2019 07:40

LONDON MARKET PRE-OPEN: SIG Sells German Unit After Fall In Revenue

(Alliance News) - Stock prices in London are set to open broadly flat on Friday, following subdued trading in Asia and a holiday for Wall Street, as investors await the reopening of New York and a

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1 Jul 2019 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

Tuesday 2 July IMI MobileFull Year ResultsCostain GroupTrading Modwen Year Service 3 Year

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1 Jul 2019 08:49

LONDON MARKET OPEN: FTSE 100 Hits Two-Month High On US-China Truce

(Alliance News) - Stock prices in London opened sharply higher on Monday with the FTSE 100 hitting a two-month high as investors cheered a new trade detente between the US and China.The FTSE 100 a

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26 Jun 2019 13:35

Barrick Gold Responds To Acacia; Says Offer Does Reflect Fair Value

(Alliance News) - Barrick Gold Corp on Wednesday reiterated its offer for the remainder of Acacia Mining PLC is reflective of fair value, responding to a previous statement by Acacia.On had

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