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WINNERS & LOSERS SUMMARY: NMC Health Up After Denies Straying From GCC

Tue, 28th Aug 2018 10:51

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - WINNERS----------NMC Health, up 4.2%. The United Arab Emirates-focused healthcare provider denied news reports it is looking to acquire assets in India. NMC said it "reaffirms its current focus" on the Gulf Cooperation Council markets for capital deployment. The Gulf Cooperation Council includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. NMC Health said its fertility and oral & maxillofacial businesses "remain the only exceptions" and still "maintain a wider geographic focus". ----------Bunzl, up 1.5%. The distribution and outsourcing group said it acquired its first business in Norway after its profit grew in the first half of 2018, boosted by acquisitions and new customer wins. The company said pretax profit rose 8.5% to GBP197.3 million in the six months to the end of June from GBP181.9 million reported for the same period a year earlier, as revenue climbed by 5.5% to GBP4.34 billion from GBP4.12 billion. On a constant currency basis, revenue rose by 12%. Bunzl declared an interim dividend of 15.2 pence per share up 8.6% from 14.0p paid the year prior. Bunzl said it has acquired Oslo-based business Enor for an undisclosed sum. Bunzl said the light catering equipment supplier operates through 11 locations across Norway. For the year to the end of 2017, it recorded revenue of NOK294 million, about GBP27 million.----------FTSE 250 - WINNERS----------TI Fluid Systems, up 4.6%. JPMorgan raised the automotive fluid manufacturer to Overweight from Neutral. ----------FTSE 250 - LOSERS----------Petrofac, down 1.9%. Keppler Cheuvreaux cut the oilfield services company to Hold from Buy. ----------OTHER MAIN MARKET AND AIM - WINNERS----------Prairie Mining, up 22%. The miner confirmed talks are ongoing about a potential partnership with Polish firm Jastrzebska Spolka Weglowa. In March, Prairie signed a non-disclosure agreement with JSW allowed for talks to be carried out for six months over a possible cooperation at Prairie's coal projects in Poland. The company, which is also listed in Sydney and Warsaw, owns the Jan Karski project in the east of Poland and the Debiensko hard coking project in the south-west. Prairie said that talks are continuing, though cautioned they are still at an early stage.----------Synectics up 9.9%. The surveillance technology firm said it has won a contract from midcap public sector services provider Serco Group for the replacement of closed circuit television systems at six UK custodial sites. The multi-million project starts immediately and is expected to be completed early in 2019. Synectics' integrated systems business Quadrant Security Group will replace all of the CCTV command and control facilities at each site, upgrading them to a full IP system. Serco was up 1.3%.----------
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