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FTSE 250 movers: Petrofac flows lower, Dixons Carphone recovers

Tue, 25th Jun 2019 15:17

(Sharecast News) - London's FTSE 250 fell 0.20% lower to 19,260.82 in afternoon trade on Tuesday, with Petrofac leading the index lower.Stock in the oil services company was weaker after a mixed trading update in which it stated that trading was in line with previous guidance but warned that new order intake for the year to date reflected recent challenges in Saudi Arabia and Iraq.Analysts at Berenberg said: "Overall this a mixed update with stronger revenue in engineering & construction (E&C) and high realisations in integrated energy services likely offsetting the weaker E&C margin outlook and representing some potential upside surprise to consensus earnings for 2019. Set against this is a relatively weak order intake and higher-than-expected net debt."Shares of Royal Mail slipped after Citigroup analysts cut the stock's target price to 150p and reiterated their 'sell' rating, stating that the mail delivery firm's three and five year targets "appear ambitious" and adding that the company would face great risk in the event of a 'no deal' Brexit.Imperial Leather maker PZ Cussons dropped after being hit by an initiation at 'sell' by Panmure Gordon, with the stock's price target set at 175p.Dixons Carphone led the risers higher as it recovered from a drop caused by its profit warning last week, while Acacia, Centamin, Polymetal and Hochschild Mining all rallied amid lower interest rates, a weaker dollar and geopolitical uncertainty.Quilter climbed after Bloomberg reported that the wealth manager is considering a sale of its closed-book UK life insurance portfolio, with reports speculating that the assets could fetch about $500m.Finally, William Hill edged higher after Morgan Stanley said US casino owner Eldorado's agreed merger with Caesars makes the London-listed company's position for US sports betting "more powerful, with wider market access, boosted revenues and potential optionality on brand, database and media assets."Market MoversFTSE 250 (MCX) 19,260.82 -0.20%FTSE 250 - RisersDixons Carphone (DC.) 114.05p 5.99%Acacia Mining (ACA) 191.40p 4.99%Plus500 Ltd (DI) (PLUS) 604.80p 3.77%Centamin (DI) (CEY) 116.35p 3.65%Polymetal International (POLY) 988.40p 3.07%Senior (SNR) 231.20p 2.76%Sequoia Economic Infrastructure Income Fund Limited (SEQI) 113.00p 2.73%Quilter (QLT) 141.26p 2.54%Hochschild Mining (HOC) 190.70p 2.47%William Hill (WMH) 148.55p 2.31%FTSE 250 - FallersPetrofac Ltd. (PFC) 407.30p -6.04%Funding Circle Holdings (FCH) 223.00p -5.51%Royal Mail (RMG) 197.50p -4.27%Stagecoach Group (SGC) 121.20p -3.73%Woodford Patient Capital Trust (WPCT) 55.88p -3.66%PZ Cussons (PZC) 214.00p -3.60%Amigo Holdings (AMGO) 218.00p -3.54%Future (FUTR) 982.00p -3.54%Vivo Energy (VVO) 126.40p -3.51%Network International Holdings (NETW) 547.00p -3.19%
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17 Sep 2019 14:18

Acacia Shares To Be Cancelled After Barrick Sealed Takeover Approval

(Alliance News) - Acacia Mining PLC on Tuesday said its shares will be cancelled from trading this week ahead of Barrick Gold Corp's takeover of the company.Last Friday, the UK High the

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13 Sep 2019 15:18

UK High Court Approves Barrick Gold's Acacia Mining Acquisition

(Alliance News) - Acacia Mining PLC on Friday said its acquisition by Barrick Gold Corp has been sanctioned, leading to trading in Acacia shares to likely be cancelled on Wednesday next offer was

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13 Sep 2019 14:43

FTSE 250 movers: CYBG climbs, gold miners lose their shine

(Sharecast News) - London's FTSE 250 was up by 0.75% at 20,112.33 in afternoon trading on Friday, with CYBG leading the index higher.

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13 Sep 2019 10:24

WINNERS & LOSERS SUMMARY: SSE Rises After Selling Retail Business

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Pearson, up to

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9 Sep 2019 14:08

FTSE 250: Gold miners dulled, Intu surges

(Sharecast News) - London's FTSE 250 was fell by 0.18% to 19,669.56 in afternoon trading on Monday, with precious metals miners leading the way lower.

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4 Sep 2019 13:54

FTSE 250 movers: Metro Bank chugs higher, Kainos falls

(Sharecast News) - London's FTSE 250 was down 0.82% at 19,624.51 in afternoon trading on Wednesday, with Metro Bank leading the index higher.

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3 Sep 2019 14:41

FTSE 250 movers: Restaurant Group slips, AG Barr fizzes higher

(Sharecast News) - London's FTSE 250 was down 0.39% at 19,405.27 in afternoon trading on Tuesday, with Restaurant Group leading the index lower.

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30 Aug 2019 14:32

FTSE 250 movers: Amigo ascends, Gold miners dip

(Sharecast News) - London's FTSE 250 was up 0.69% at 19,425.11 in afternoon trading on Friday, with Amigo Holdings leading the index higher.

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27 Aug 2019 15:55

UK Shareholder Meetings Calendar - Next 7 Days

Wednesday 28 AugustTheWorks.co.ukBBA Aviaition (re Ontic sale)Collagen 29 Oil & 30 2 3 Mining (re

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16 Aug 2019 12:18

LONDON MARKET MIDDAY: Stocks Edge Up Amid US-China Trade Conflict Calm

(Alliance News) - UK stocks were trading mostly higher on Friday at midday, as US-China trade tensions were briefly forgotten and trading on the London Stock Exchange got a late start due to a The

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16 Aug 2019 10:57

WINNERS & LOSERS SUMMARY: RBS Makes Partial Comeback After Steep Fall

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Hiscox, a

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16 Aug 2019 07:59

TOP NEWS: Acacia Gets Tanzania Export Permits, Production Still Halted

(Alliance News) - Acacia Mining PLC said on Friday that gold production at the North Mara mine cannot resume until the Tanzanian environment council reverses a prohibition notice.Acacia to

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16 Aug 2019 07:41

LONDON MARKET PRE-OPEN: Ultra Electronics Gets Big US Navy Deal

(Alliance News) - Stock prices are set to open higher in London on Friday following the previous day's sharp losses as the "mood lightens" after no new trade blows were exchanged the

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16 Aug 2019 07:29

Acacia Mining to resume North Mara exports; Processing ban remains

(Sharecast News) - Acacia Mining said it had resumed gold exports from its North Mara mine after receiving permits from the Tanzanian government, but warned a processing was still in place.

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12 Aug 2019 16:59

LONDON MARKET CLOSE: Hong Kong And Brexit Tensions Weigh On Stocks

(Alliance News) - Stocks in London opened the week in the red as violent clashes between protestors and police in Hong Kong and further Brexit stumbling blocks caused investors to turn away from a

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