GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSHAW.L Share News (SHAW)

  • There is currently no data for SHAW

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 250 movers: Greencore and banks gain while gold miners fall

Mon, 14th Nov 2016 14:05

(ShareCast News) - The FTSE 250 index was in positive territory, just shy of 17,500, by the late afternoon on Monday.Irish food company Greencore led the risers, gaining on the back of jump in full-year revenue and earnings, a hike in its dividend and the proposed acquisition of Peacock Foods for an enterprise value of $747.5m.Banks of all sizes, including challengers like OneSavings Bank, Shawbrook and Aldermore, were given a boost as treasury yields were on the rise from investor expectations of an earlier hike in interest rates from the US Federal Reserve in December after Donald Trump was elected president. Ipek Ozkardeskaya, senior market analyst at London Capital Group, said: "The US 30-year yields hit 3% for the first time since January, leading banks to see the end of the tunnel, as higher yields finally suggest a period of relief for financial services sector that has seen its revenues heavily squeezed by the low-to-negative yield environment over the past years."Mid-cap housebuilder Crest Nicholson climbed after larger peer Taylor Wimpey said the UK housing market remained resilient, despite the implications of Brexit being unclear.Gaming software development company Playtech gained ground as it announced that it has agreed to buy Consolidated Financial Holdings for up to $120m - a deal it said will enhance its position as it continues to build a B2B offering in its financials division.Meanwhile gold miners Centamin and Hochschild fell as gold prices took a 0.51% dive as a result of the US presidential result. "Gold miners are down this morning as the market braces for higher interest rates following the election of Donald Trump. Higher interest rates increase the effective cost of holding gold, making it less attractive to investors," said analyst Nicholas Hyett at Hargreaves Lansdown.Tullow Oil fell as oil prices took a hit with Brent Crude dropping 0.7% to $44/44 and WTI down by 0.9% to $43.02 in the late afternoon. "Oil was shaky on Monday as the heightened fears over the persistent oversupply of oil in the global markets haunted investor attraction. The Dollar resurgence amid rising US rate hike expectations simply pressured oil prices further with concerns that demand may be waning from slowing global growth capping oils upside gains," said FXTM analyst Lukman Otunuga.RisersGreencore Group (GNC) 329.50p 12.88%Shawbrook Group (SHAW) 262.40p 5.47%OneSavings Bank (OSB) 321.50p 4.05%Crest Nicholson Holdings (CRST) 453.80p 3.99%Paragon Group Of Companies (PAG) 351.90p 3.29%Aldermore Group (ALD) 203.90p 3.19%Playtech (PTEC) 910.50p 3.17%GVC Holdings (GVC) 644.50p 3.04%International Personal Finance (IPF) 282.30p 2.65%Marshalls (MSLH) 279.20p 2.61%FallersCentamin (DI) (CEY) 135.60p -3.90%Pennon Group (PNN) 765.50p -3.65%Tullow Oil (TLW) 238.90p -3.20%Hochschild Mining (HOC) 238.90p -3.20%Drax Group (DRX) 293.00p -2.98%AO World (AO.) 166.00p -2.18%Acacia Mining (ACA) 443.40p -1.97%DFS Furniture (DFS) 221.60p -1.95%Fidelity European Values (FEV) 173.20p -1.65%Ascential (ASCL) 285.40p -1.59%
More News
4 Jun 2015 07:23

LONDON MORNING BRIEFING: Horse Hill Companies Shares Suspended

Read more
3 Jun 2015 16:23

Inmarsat To Replace Aggreko In FTSE 100 Amid Host Of FTSE 250 Changes

Read more
2 Jun 2015 14:23

Inmarsat To Re-Enter FTSE 100 While Meggit Set To Exit

Read more
27 May 2015 11:01

Wednesday tips round-up: RyanAir, Shawbrook

RyanAir has discovered that a little love can go a long way. So while it carried a record 91m passengers in the year to March and registered a two-thirds rise in profits, there is still momentum to be had in the company. On the downside, the carrier has already hedged nine-tenths of this year's fuel

Read more
21 May 2015 15:51

Shawbrook Chief Executive Take Leave Due To Illness

Read more
12 May 2015 08:40

BROKER RATINGS SUMMARY: Macquarie Cuts Standard Chartered

Read more
15 Apr 2015 09:38

PRESS: Shawbrook To Appoint Cornish As New Chairman - Sky News

Read more
8 Apr 2015 07:49

Shawbrook Shares Trading Higher As Open Dealings Begin (ALLIPO)

Read more
8 Apr 2015 06:34

MARKET COMMENT: London Seen Higher After Shell Deal For BG Group

Read more
1 Apr 2015 11:25

Shawbrook Trading Up After GBP725 Million London Float (ALLIPO)

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.