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FTSE 250 movers: Wizz Air flies high, Dixons dives

Tue, 02nd Apr 2019 14:35

(Sharecast News) - London's FTSE 250 index was 0.32% higher at 19,300.26 in afternoon trade on Tuesday, as Wizz Air gave the index a lift.The low-cost airline was flying 5% higher as it put out a reassuring update, with capacity up 6.9% year-on-year in March and total passenger numbers ahead 9.9% after the company launched 15 new routes during the month and took delivery of two new Airbus A321neo and two A321ceo aircraft.Emerging markets focused asset manager Ashmore followed close behind after Bank of America Merrill Lynch raised the stock from 'neutral' to 'buy'.Ferrexpo continued to climb after delaying its final results on Monday in order to allow more time for an independent review of the company's donations to a charity called Blooming Land, a Ukrainian charity set up to coordinate Ferrexpo's corporate and social responsibility programme.Retailers Dixons Carphone and Dunelm Group were both lower as the Brexit crisis rumbles on, leaving UK-focused stocks particularly vulnerable.Outsourcer Capita was lower after outspoken Conservative MP Mark Francois said the "incompetent" company was threatening national security and should be "sacked" from its army recruitment contract as numbers of new recruits are falling short, with only three out of 30 front-line infantry battalions meeting or exceeding recruitment expectations.Intu Properties was lower as Goldman Sachs analysts cut the stock's target price from 92p to 88p and reiterated their 'sell' guidance after the shopping centre manager and developer rushed to quash rumours that it has found a replacement for current chief executive David Fischel, who announced his intention to stand down last summer.Kier Group edged lower after being initiated at 'hold' by analysts at Jefferies, while Clarkson inched downward on the news that its president of brokerage and investment banking Peter Anker will stand down with immediate effect.Market MoversFTSE 250 (MCX) 19,300.26 0.32%FTSE 250 - RisersWizz Air Holdings (WIZZ) 3,022.00p 4.93%Euromoney Institutional Investor (ERM) 1,291.00p 4.28%Ashmore Group (ASHM) 445.20p 4.12%FDM Group (Holdings) (FDM) 946.00p 3.39%Amigo Holdings (AMGO) 185.89p 3.27%Renishaw (RSW) 3,994.00p 3.04%Ferrexpo (FXPO) 271.10p 3.00%Hunting (HTG) 612.00p 2.94%TI Fluid Systems (TIFS) 195.40p 2.84%UDG Healthcare Public Limited Company (UDG) 575.00p 2.59%FTSE 250 - FallersDixons Carphone (DC.) 139.20p -3.83%Equiniti Group (EQN) 208.20p -3.34%Just Group (JUST) 58.30p -3.32%Capita (CPI) 122.10p -2.75%Intu Properties (INTU) 105.70p -2.72%Indivior (INDV) 96.88p -2.61%Dunelm Group (DNLM) 875.00p -2.56%Restaurant Group (RTN) 113.00p -2.42%Kier Group (KIE) 351.80p -2.39%Clarkson (CKN) 2,385.00p -2.25%
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19 Jun 2019 14:06

Thursday preview: Bank of England, Dixon's Carphone in the spotlight

(Sharecast News) - The market spotlight on Thursday will be firmly on central banks, as policymakers at the Bank of England meet to decide on interest rates, with several of them having recently cautioned that financial markets might be underestimating the scope for a hike in Bank Rate before year end.

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18 Jun 2019 14:49

Wednesday preview: Federal Reserve meeting, Dixon's Carphone in focus

(Sharecast News) - The focus on Wednesday will be squarely on the US central bank with investors looking for validation of their expectations for up to three interest rate cuts over the remainder of 2019.

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13 Jun 2019 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 14 June SthreeTrading Statement Monday 17 Investment TrustHalf Year

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11 Apr 2019 15:55

Dixons Carphone 'potentially attractive turnaround story', says Barclays

(Sharecast News) - Dixons Carphone rallied on Thursday as Barclays initiated coverage of the stock at 'overweight' with a 175p price target, arguing that it's a "potentially attractive turnaround story".

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11 Apr 2019 15:18

FTSE 250 movers: Grafton gains, Sirius slides

(Sharecast News) - London's FTSE 250 index was 0.47% higher at 19,577.36 in afternoon trade on Thursday, with Grafton heading the risers on the back of a new acquisition.

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11 Apr 2019 11:58

Thursday broker round-up

(Sharecast News) - Ocado: HSBC downgrades to reduce with a target price of 900p.

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11 Apr 2019 10:40

WINNERS & LOSERS SUMMARY: Fresnillo Down After Quarterly Output Slips

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - Consolidated Airlines Group, up up

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10 Apr 2019 09:17

Greggs Appoints TalkTalk Finance Chief Ferry As Non-Executive

LONDON (Alliance News) - Greggs PLC on Wednesday said it has hired Kate Ferry as a non-executive director, with effect from June.Ferry will replace Allison Kirkby, who leaves the board of a

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13 Mar 2019 08:32

LONDON MARKET OPEN: Stocks Lower; Pound Edges Up Ahead Of No-Deal Vote

LONDON (Alliance News) - London stocks opened on a downbeat note on Wednesday amid broadly lower trade in Asia and the US overnight, while the pound was edging higher ahead of yet another Brexit a

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13 Mar 2019 08:14

Dixons Carphone fined £29m for insurance mis-selling

(Sharecast News) - The Financial Conduct Authority has fined Dixons Carphone more than £29m for insurance mis-selling.

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13 Mar 2019 07:50

LONDON MARKET PRE-OPEN: Standard Life Board Shake-Up; Morrisons Payout

LONDON (Alliance News) - Stock prices in London are set to open lower on Wednesday, while the pound was steady after UK Prime Minister Theresa May's latest defeat in Parliament over her Brexit

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26 Feb 2019 14:50

WH Smith Hires Three New Board Directors From Big Firms

LONDON (Alliance News) - WH Smith PLC on Tuesday said it appointed three more people to its board with two as non-executive directors.The newspaper, stationary and books retailer appointed

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28 Jan 2019 17:05

LONDON MARKET CLOSE: FTSE Struggles As Wall Street Slides; Ocado Rises

LONDON (Alliance News) - It was a sluggish start to the new week for the FTSE 100 on Monday, with losses gathering pace in the afternoon as US stocks opened on a downbeat note following earnings a

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28 Jan 2019 12:08

LONDON MARKET MIDDAY: Down Despite Deal Report Boost For M&S And Ocado

LONDON (Alliance News) - Stock trading in London started the week in a subdued fashion, with gains by Ocado and M&S unable to prevent the FTSE 100 from a by .

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