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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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9 May 2019 11:58

LONDON MARKET MIDDAY: Stocks Dip As Latest US-China Talks Get Underway

LONDON (Alliance News) - Threats from the US that China "will be paying" for allegedly walking back on trade promises kept European stocks subdued at midday, with ex-dividends weighing a

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9 May 2019 10:47

WINNERS & LOSERS SUMMARY: RSA Insurance Makes Good Start To 2019

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------RSA up in

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9 May 2019 09:43

Acacia shines in April; seeks clarity on Barrick CEO Tanzania comments

(Sharecast News) - Acacia Mining reported a jump in April gold production, boosted by a 54% increase in output from its North Mara gold mine in Tanzania.

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9 May 2019 09:17

Acacia Mining Gold Production Rebounds With 37% Increase In April

LONDON (Alliance News) - Acacia Mining PLC on Thursday said its gold production improved significantly since the start of the second quarter due to the successful implementation of a revised plan

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7 May 2019 12:36

Tuesday broker round-up

(Sharecast News) - Domino's Pizza Group: Peel Hunt downgrades to add with a target price of 300p.

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25 Apr 2019 10:38

WINNERS & LOSERS SUMMARY: Sainsbury's Drops After Asda Merger Blocked

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - up 0.3%. The information and analytics it -

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25 Apr 2019 08:52

Operational Problems Lead To Fall In Acacia Mining Quarterly Earnings

LONDON (Alliance News) - A number of operational issues held back Acacia Mining PLC's production in the first quarter of 2019, the miner said Thursday.Acacia produced 104,899 ounces of

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25 Apr 2019 07:04

Acacia profits fall after lower Q1 production

(Sharecast News) - Africa-focused Acacia Mining said first quarter gold production fell 13% year on year to 104,899 ounces, but still expected to meet full year guidance of of 500,000 to 550,000 ounces.

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23 Apr 2019 15:04

FTSE 250 movers: oilers gush higher, Funding Circle falters

(Sharecast News) - London's FTSE 250 index was down 0.14% at 19,863.81 in afternoon trade on Tuesday, as oil companies led the benchmark index higher on the back of a jump in the price of black gold.

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18 Apr 2019 16:11

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 19 April no events scheduled  Monday 22 events 23 GroupTrading

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15 Apr 2019 16:47

LONDON MARKET CLOSE: Quiet Start To Week; IWG Surges On Unit Sale

LONDON (Alliance News) - Stock prices in London closed mixed on Monday in an unenergetic start to the week, despite FTSE 250-listed IWG surging a fifth on the sale of its Japanese

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15 Apr 2019 12:54

Monday broker round-up

(Sharecast News) - Compass Group: Barclays downgrades to equal weight with a target price of 1,850p.

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15 Apr 2019 12:12

LONDON MARKET MIDDAY: Miners Weigh On FTSE 100; IWG Shines In Midcaps

LONDON (Alliance News) - Stocks in London were marginally higher at midday on Monday, with miners restricting gains in the FTSE 100 and IWG leading the FTSE 250.The FTSE 100 index

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15 Apr 2019 10:40

WINNERS & LOSERS SUMMARY: IWG Up On GBP320 Million Japanese Unit Sale

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - up 0.8%. The advertising and marketing firm a

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15 Apr 2019 09:02

Acacia Mining Quarterly Production Falls Sharply On North Mara Woes

LONDON (Alliance News) - Acacia Mining PLC said Monday its production in the first quarter was 13% lower than the year before due to lower production at its North Mara and Buzwagi mines in the to

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