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FTSE 250 movers: JRP Group, housing stocks rally

Tue, 23rd Aug 2016 14:32

(ShareCast News) - The FTSE 250 gained 0.78% to 18,010.36 points on Tuesday afternoon.JRP Group was the biggest riser on London's second tier index after the financial services group said trading to the end of July since its update on 11 May continued in line with expectations. The company said it continued to be well-capitalised, with its solvency capital II capital ratio standing at roughly 130% as of 30 June. Its merger also continues to "progress well".Kier Group was another high riser after being awarded three major UK construction frameworks totalling more than £5bn.Housing stocks, including Countrywide, Bellway and Bovis Homes, rallied after sector peer Persimmon seemed to shrug off Brexit uncertainty with a better-than-expected jump in first half profits.Evraz continued to slide amid worries that its balance sheet could be stretched on weakening steel prices. Synthomer was on the back foot in the wake of reports that the specialty chemicals group is considering acquisitions at a time where larger players are doing the same- most notably the proposed $130bn combination of Dow and DuPont of the US.Chief executive of Synthomer, Callum MacLean, told the Financial Times in a report published online Monday that he wanted to double the size of the group "within two to three years".FTSE 250 - RisersJRP Group (JRP) 104.30p 18.19%Grafton Group Units (GFTU) 577.50p 6.45%McCarthy & Stone (MCS) 190.90p 6.06%Thomas Cook Group (TCG) 70.00p 5.66%Aldermore Group (ALD) 138.80p 5.07%Countrywide (CWD) 258.00p 5.01%Kier Group (KIE) 1,247.00p 4.88%Bellway (BWY) 2,329.00p 4.77%Bovis Homes Group (BVS) 894.00p 4.01%Redrow (RDW) 371.00p 3.92%FTSE 250 - FallersMoneysupermarket.com Group (MONY) 299.60p -1.87%Card Factory (CARD) 276.20p -1.81%Evraz (EVR) 141.00p -1.81%Synthomer (SYNT) 372.10p -1.46%Vectura Group (VEC) 142.10p -1.32%Just Eat (JE.) 580.50p -1.28%Rightmove (RMV) 4,208.00p -1.24%Dairy Crest Group (DCG) 651.00p -1.21%Woodford Patient Capital Trust (WPCT) 92.10p -1.13%RIT Capital Partners (RCP) 1,761.00p -1.12%
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Connells ups Countrywide bid to £112m

(Sharecast News) - Connells has increased its offer for Countrywide to lodge a cash bid valuing the estate agent company at £112.1m excluding debt.

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7 Dec 2020 07:57

LONDON MARKET PRE-OPEN: Connells Improves Cash Offer For Countrywide

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4 Dec 2020 13:47

Alchemy reveals shareholder support for Countywide deal

(Sharecast News) - Alchemy Partners said it had the support of almost 45% of Countrywide's shareholders for its proposed offer for the company.

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2 Dec 2020 09:42

Connells Opposes Countrywide Deal With Alchemy As Takeover Rejected

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Countrywide rejects Connells offer

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24 Nov 2020 13:27

Former William Hill CEO Brought In To Lead Talks On Countrywide's Fate

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Countrywide shareholders reject rescue plan, chairman quits

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