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FTSE 250 movers: Cineworld leads risers while Ophir tumbles

Thu, 13th Aug 2015 14:04

(ShareCast News) - London's FTSE 250 was up slightly by Thursday afternoon as the markets cooled after the People's Bank of China said it would stop fiddling with the yuan.The index was up by 0.65% at 17550.78 at 1407 BST.Leading the risers was Cineworld Group, which reported a revenue rise off strong film releases and ticket takings from its acquisition Cinema City. Shares in the movie chain jumped by 5.56%.Close behind, online gaming company PlayTech rose by 4.59% after a strong note from Morgan Stanley. With shareholders voting on 19 August on the proposed £460m acquisition of Plus500 and the $105m acquisition of Ava Trade, MS analysts estimate that completion of both transactions would enhance EPS by circa 40% in 2016, leaving the shares trading on circa 9 times EV/EBITDA and around 10 times 2016's expected EPS.Michael Page International also rose, after reporting improved business across all its regions to achieve double digit gross profit growth. The recruitment firm was up by 3.80% after issuing a special dividend of 16p per share on top of an interim dividend of 3.6p per share.Shares in Ophir Energy led the fallers after reporting first half losses and slashing its capital expenditure. Shares in the energy company fell by 3.71%.WH Smith also fell 3.01% as the company was one of many stocks going ex-dividend, meaning the shares investors could no longer qualify for its latest dividend pay-out. The retailer was also in the news as it has been affected by a "mini-revolution" of passengers refusing to show boarding passes after being accused of using the information to claim back VAT and rarely passing on the savings.FTSE 250 - RisersCineworld Group (CINE) 579.00p +5.56%Playtech (PTEC) 911.00p +4.59%Just Eat (JE.) 410.80p +4.13%Rightmove (RMV) 3,763.00p +3.95%Ashmore Group (ASHM) 262.90p +3.83%Michael Page International (MPI) 547.00p +3.80%Fidessa Group (FDSA) 1,986.00p +3.65%Zoopla Property Group (WI) (ZPLA) 275.90p +3.64%Thomas Cook Group (TCG) 116.40p +3.56%Smith (DS) (SMDS) 414.90p +2.77%FTSE 250 - FallersOphir Energy (OPHR) 109.10p -3.71%WH Smith (SMWH) 1,515.00p -3.01%Euromoney Institutional Investor (ERM) 1,051.00p -2.95%Greene King (GNK) 842.00p -2.83%Lonmin (LMI) 39.61p -2.68%Premier Oil (PMO) 113.80p -2.48%Telecom Plus (TEP) 1,096.00p -2.14%Berkeley Group Holdings (The) (BKG) 3,407.00p -1.98%Card Factory (CARD) 351.10p -1.65%Tullow Oil (TLW) 217.80p -1.63%
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Standard Life Aberdeen Rises Interest In Ophir Energy To 5.2% (ALLISS)

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31 May 2018 09:28

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18 May 2018 09:04

Ophir Energy Chief Executive Nicholas Cooper To Step Down

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18 May 2018 07:42

LONDON MARKET PRE-OPEN: Lower Call As AstraZeneca Earnings Slip

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14 May 2018 09:14

Ophir Energy Signs Farm-Out With Kosmos Energy In Equatorial Guinea

LONDON (Alliance News) - Ophir Energy PLC on Monday said it has agreed a farm-out deal with Kosmos Energy for the EG-24 exploration licence in Equatorial Guinea.Kosmos is to acquire a 40% a

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9 May 2018 16:12

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3 May 2018 10:36

Ophir Energy To Acquire Asian Asset Portfolio For USD205 Million

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7 Mar 2018 12:07

Ophir Energy Focusing On Fortuna Project As Annual Loss Widens

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Ophir Energy posts extensive update on passable year

(ShareCast News) - Ophir Energy updated the market on its asset portfolio and trading for the year to 31 December on Thursday. The London-listed firm said the Fortuna FLNG project remained firmly on schedule for a final investment decision in the first half of this year. At Kerendan, Ophir said PLN

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29 Dec 2016 08:48

Ophir Energy confirms completion of Tanzania drilling

(ShareCast News) - Ophir Energy, along with its joint venture partners BG Tanzania (Shell) and Pavilion Energy, announced on Thursday that they have concluded the drilling of two exploration wells offshore Tanzania, safely and on time. The London-listed firm said the programme comprised Kitatange-1

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5 Dec 2016 20:36

Murphy, Ophir-led consortium wins block in Mexico oil auction

MEXICO CITY, Dec 5 (Reuters) - Mexico awarded a consortium of Murphy Sur, Ophir Mexico Holdings, PC Carigali Mexico and Sierra Offshore Exploration the fifth block tendered from the Gulf of Mexico's Salina Basin in a historic deep water oil and gas auction on Monday. Block 5 is a 993.5 squa

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