Less Ads, More Data, More Tools Register for FREE

Pin to quick picksINFI.L Share News (INFI)

  • There is currently no data for INFI

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 250 movers: Betfair hit by downgrade, oil and energy stocks higher

Fri, 05th Jun 2015 12:58

Mid-caps were under pressure on Friday, following news that OPEC would not curb oil production and that Greece had opted to defer payment on €300m owed to the International Monetary Fund until Friday.Sector-wise gains made by oil, energy and mining stock were eradicated by weakness in telecommunications, real estate and retail stocks.As of 16:30 BST, the FTSE 250 was trading 0.85% lower to 17,937 points.Oil and energy stocks including Premier Farnell, Riverstone Energy, Infinis Energy and Hunting surged despite OPEC deciding not to cut oil production at its meeting on Friday. Oil futures were also higher across the board.Betfair Group dipped as analysts at Numis Securities downgraded their rating on the stock to "sell", although the broker also increased its price target from 1,620p to 2,100p.Halfords was boosted as it posted record annual sales topping £1bn, driven by higher demand for bikes. The group hit its revenue target 12 months early following a three year turnaround programme to upgrade its stores and expand its product ranges.Poundland was making gains as The Capital Group Companies lifted its stake in the discount retailer to 4.77% from less than 4%.Allied Minds rose as Kevin Sharer, former chairman and chief executive officer of Amgen joined the board as a non-executive director.RisersInfinis Energy (INFI) 188.00p +2.96%Hunting (HTG) 633.00p +2.93%Evraz (EVR) 161.80p +2.80%Telecom Plus (TEP) 830.00p +2.28%Thomas Cook Group (TCG) 146.80p +2.16%Premier Farnell (PFL) 195.50p +2.14%BlackRock World Mining Trust (BRWM) 310.80p +2.04%Euromoney Institutional Investor (ERM) 1,200.00p +2.04%Poundland Group (PLND) 301.60p +1.89%Rotork (ROR) 257.50p +1.86%FallersJust Eat (JE.) 426.80p -4.65%Betfair Group (BET) 2,524.00p -4.57%TalkTalk Telecom Group (TALK) 392.40p -4.01%Enterprise Inns (ETI) 129.80p -2.92%BTG (BTG) 687.50p -2.83%Provident Financial (PFG) 2,866.00p -2.78%Just Retirement Group (JRG) 168.70p -2.77%St. Modwen Properties (SMP) 438.50p -2.71%Big Yellow Group (BYG) 634.50p -2.68%Elementis (ELM) 296.20p -2.66%
More News
22 May 2015 15:23

Earnings, Trading Statements Calendar - Week Ahead

Read more
22 May 2015 05:18

Earnings, Trading Statements Calendar - Week Ahead

Read more
21 May 2015 15:02

Earnings, Trading Statements Calendar - Week Ahead

Read more
22 Apr 2015 13:28

FTSE 250 movers: Tate & Lyle hit by downgrade, energy stocks higher

Shares in sugar, sweetener and food ingredients group Tate & Lyle were losing their flavour after analysts at Credit Suisse lowered their rating on the stock from 'neutral' to 'underperform'. Ladbrokes was also trading lower as the bookmaker revealed operating profits were down materially due to cus

Read more
30 Mar 2015 13:33

FTSE 250 movers: Al Noor Hospitals hit by downgrade, energy stocks lower

Al Noor Hospitals Group led the fallers as Numis Securities cut its rating from 'add' to 'hold', arguing that the consensus for the company's margins is too high. Energy stocks Hunting, Lonmin, Nostrum Oil & Gas and Infinis Energy were in the red as oil prices lost gains made in the wake of politica

Read more
16 Feb 2015 12:20

UK MIDDAY BRIEFING: "Time And Money Are Running Out For Greece"

Read more
16 Feb 2015 11:14

TOP NEWS: Germany "Sceptical" Of Greek Debt Accord Ahead Of Talks

Read more
16 Feb 2015 11:09

REPEAT: MARKET COMMENT: London Mixed; SABMiller Rises On Report

Read more
16 Feb 2015 10:47

MARKET COMMENT: London Mixed; SABMiller Rises On Takeover Speculation

Read more
16 Feb 2015 08:35

UK MORNING BRIEFING: SABMiller Leads FTSE 100 On Bid Interest Report

Read more
16 Feb 2015 08:20

Infinis Reports Rise In Quarterly Earnings For Landfill Gas Subsidiary

Read more
16 Feb 2015 06:16

UK Earnings, Trading Statements Calendar - Week Ahead

Read more
13 Feb 2015 17:07

MARKET COMMENT: London Stocks Rally On Strong European Growth

Read more
13 Feb 2015 15:54

UK Earnings, Trading Statements Calendar - Week Ahead

Read more
13 Feb 2015 12:40

UK MIDDAY BRIEFING: Germany Ensures Eurozone GDP Beats Expectations

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.