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FTSE 250 movers: Gold miners shine; Wizz Air flies lower

Thu, 02nd Feb 2017 14:31

(ShareCast News) - The FTSE 250 index rose 0.13% to 18,264.17 in the late afternoon.Financial services firm JRP Group was in the green as it reported that its margin for 2016 will exceed 6%, up from 3.6% on a pro-forma basis from the previous year, due to pricing and risk selection, as well as on mortgage yields.Multinational sports betting and gaming group and owner of the 'Foxy Bingo' brand GVC Holdings shot up as it confirmed it has now repaid in full the outstanding loan of €386m provided by Cerberus Business Finance, through a combination of existing cash resources and the drawdown of the €250m loan from Nomura International.Gold Miners Centamin and Acacia Mining gained as the price of the yellow metal rose by 1.08%.Hungarian low cost airline Wizz Air flew lower despite passenger numbers increasing 23.3% in January, while the budget eastern Europe-focused airline also announced new routes to and from Poland, Bulgaria and Lithuania.Aberdeen Asset Management was in the red as Donald Trump's election win derailed a solid start to 2017 leading to £10.5bn of outflows from its emerging markets-focused funds as investors moved into less volatile assets."Investor sentiment had been improving steadily in the early part of the quarter, but stalled following the US presidential election result with investors putting asset allocation decisions on hold," said chief executive Martin Gilbert.Nostrum Oil and Gas slipped as oil prices fell, with the West Texas Intermediate down by 0.6% to $53.57 per barrel and Brent crude dipping 0.4% to $56.56.RisersGVC Holdings (GVC) 653.00p 6.01%Centamin (DI) (CEY) 166.90p 4.12%Rightmove (RMV) 4,186.00p 3.64%Kaz Minerals (KAZ) 505.00p 3.48%JRP Group (JRP) 151.50p 3.34%Howden Joinery Group (HWDN) 392.30p 3.24%Evraz (EVR) 242.20p 2.98%Polypipe Group (PLP) 356.70p 2.74%Acacia Mining (ACA) 430.50p 2.43%Auto Trader Group (AUTO) 407.60p 2.41%FallersMitchells & Butlers (MAB) 260.30p -4.09%Wizz Air Holdings (WIZZ) 1,550.00p -4.08%Ferrexpo (FXPO) 154.10p -3.75%Aberdeen Asset Management (ADN) 248.90p -3.56%Ocado Group (OCDO) 234.90p -3.17%Nostrum Oil & Gas (NOG) 461.40p -3.05%Shawbrook Group (SHAW) 243.70p -2.91%Senior (SNR) 192.00p -2.88%OneSavings Bank (OSB) 340.60p -2.43%Cobham (COB) 132.00p -2.29%
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29 Mar 2016 08:31

BROKER RATINGS SUMMARY: Merrill Lynch Upgrades easyJet To Buy

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24 Mar 2016 12:42

BUZZ-Aberdeen Asset Management: falls on downgrade, CEO interview

** Aberdeen Asset Management falls 6.8 pct, with traders citing a combination of a broker downgrade, EM weakness and CEO comments for the move ** Liberum cuts to "hold" from "buy", says outflows look to be worse than expected, with the majority from high-margin equities business ** St

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24 Mar 2016 09:32

BROKER RATINGS SUMMARY: JPMorgan Starts Countryside At Overweight

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14 Mar 2016 17:30

LONDON MARKET CLOSE: Oil Down After OPEC Cuts Its 2016 Demand Outlook

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14 Mar 2016 14:23

FTSE 100 movers: Anglo American up while Admiral slumps

(ShareCast News) - The FTSE 100 was trading up on Monday afternoon, as investors shrugged off weaker Chinese production and consumption data, with miners leading the charge. Embattled miner Anglo American was among the leaders, after news its boss Mark Cutifani took home a smaller pay cheque in 2015

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4 Mar 2016 17:13

Hedge fund veteran Henry Davis to leave Aberdeen Asset Management-source

By Svea Herbst-Bayliss BOSTON, March 4 (Reuters) - Hedge fund industry veteran Henry Davis, a senior investment advisor at Aberdeen Asset Management PLC, is leaving the firm to work for a U.S.-based asset management company, a source familiar with the matter said on Friday. Davis had

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2 Mar 2016 17:37

Sports Direct to drop out of FTSE 100 in reshuffle

* WM Morrison, Paddy Power and Betfair to join FTSE 100 * Informa and Mediclinic to also join FTSE 100 * Sports Direct, Aberdeen AM, Smiths, Hikma drop out * Changes will take effect on March 21 By Sudip Kar-Gupta LONDON, March 2 (Reuters) - Sports Direct and Aberdee

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2 Mar 2016 17:25

Paddy Power Betfair, Mediclinic, Informa And Morrisons Join FTSE 100

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1 Mar 2016 15:19

Morrisons set for FTSE 100 return, Sports Direct in line for demotion

(ShareCast News) - Morrisons, which announced a new grocery supply deal with Amazon.com on Monday, may work its way back into the FTSE 100 this month. The supermarket retailer, which was booted out at the last quarterly review, could be joined by newly-merged Paddy Power Betfair and private hospital

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29 Feb 2016 12:34

Aberdeen Asset Mgt, Sports Direct could drop out of FTSE 100

LONDON, Feb 29 (Reuters) - Aberdeen Asset Management , which has been hit by a slowdown in emerging markets, and sportswear retailer Sports Direct could be relegated from Britain's benchmark FTSE 100 equity index. Getting into the FTSE 100 can often fuel further demand for a company's share

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23 Feb 2016 09:32

BROKER RATINGS SUMMARY: UBS Initiates LSE And Asset Manager Ratings

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23 Feb 2016 08:25

LONDON BRIEFING: Tale Of Two Dividend Policies Amid Hikes And Cuts

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22 Feb 2016 17:13

Advance Frontier Markets Sees Net Asset Value, Share Price Fall

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16 Feb 2016 09:34

BROKER RATINGS SUMMARY: Goldman Sachs Reinitiates Shell With Buy

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15 Feb 2016 12:27

LONDON MARKET MIDDAY: Asian Stimulus Hopes Fuel European Rally

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