(Sharecast News) - London's FTSE 250 was down by 0.26% to 19,929.91 in afternoon trading on Thursday, with IP Group leading the index lower.
IP Group topped the fallers two days after the intellectual property business reported a drop in first-half net asset value amid "challenging" conditions for the sector.
Premier Oil, Tullow Oil, Wood Group, Energean and Vivo Energy were all lower as Brent crude oil futures slipped by almost 1.3% after a report from the International Energy Agency showed non-OPEC production was on the rise.
Energean was also hamstrung as it cut its full-year production guidance and said it swung to an interim loss with rising costs more than offsetting a jump in revenue.
Up at the other end of the index, PureTech Health led the risers, with Hochschild Mining following close behind after analysts at JPMorgan raised the stock's price target from 175.0p to 205.0p ahead of the release of its interim results next week.
Finally, Sports Direct also inched upwards after owner Mike Ashley was re-elected to the sportswear retailers board but said the numerous rebel shareholders who had voted against him "had a point".
"The last three months can't have been very comfortable for them - you've got a £600m Belgian tax investigation, you've got accountants not seeking re-election - that's a little bit too much for most shareholders to take," Ashley said to Sky News.
Market Movers
FTSE 250 (MCX) 19,929.91 -0.26%
FTSE 250 - Risers
PureTech Health (PRTC) 281.00p 3.31%
Sirius Minerals (SXX) 10.95p 3.30%
Hochschild Mining (HOC) 211.40p 3.12%
Woodford Patient Capital Trust (WPCT) 46.45p 3.11%
Dechra Pharmaceuticals (DPH) 2,886.00p 2.85%
Acacia Mining (ACA) 247.20p 2.57%
Spirent Communications (SPT) 194.80p 2.42%
Telecom Plus (TEP) 1,172.00p 2.27%
Stagecoach Group (SGC) 131.70p 2.25%
Sports Direct International (SPD) 270.60p 2.19%
FTSE 250 - Fallers
IP Group (IPO) 62.10p -6.19%
Intu Properties (INTU) 42.98p -6.12%
Premier Oil (PMO) 83.32p -5.75%
Tullow Oil (TLW) 216.00p -5.43%
Hammerson (HMSO) 258.30p -5.07%
Aston Martin Lagonda Global Holdings (AML) 562.20p -4.84%
Wood Group (John) (WG.) 410.60p -4.36%
Energean Oil & Gas (ENOG) 953.00p -4.32%
Centamin (DI) (CEY) 130.10p -3.49%
Vivo Energy (VVO) 122.80p -3.00%
22 Apr 2024 14:45
UK shareholder meetings calendar - next 7 days
| Tuesday 23 April | |
| AIQ Ltd | AGM |
| NatWest Group PLC | AGM |
| Taylor Wimpey PLC | AGM |
| Wednesday 24 April | |
| abrdn PLC | AGM |
| abrdn Equity Income Trust PLC | AGM |
| AssetCo PLC | AGM |
| Breedon Group PLC | AGM |
| British American Tobacco PLC | AGM |
| Bunzl PLC | AGM |
| Coro Energy PLC | AGM |
| Croda International PLC | AGM |
| Entain PLC | AGM |
| Greencoat UK Wind PLC | AGM |
| Primary Health Properties PLC | AGM |
| Serco Group PLC | AGM |
| Synectics PLC | AGM |
| Thursday 25 April | |
| AFC Energy PLC | AGM |
| Admiral Group PLC | AGM |
| Beazley PLC | AGM |
| BP PLC | AGM |
| CLS Holdings PLC | AGM |
| CRH PLC | AGM |
| Dalata Hotel Group PLC | AGM |
| Develop North PLC | AGM |
| Drax Group PLC | AGM |
| Everest Global PLC | AGM |
| Greencoat Renewables PLC | AGM |
| Hammerson PLC | AGM |
| Helios Towers PLC | AGM |
| Hikma Pharmaceuticals PLC | AGM |
| International Biotechnology Trust PLC | AGM |
| London Stock Exchange Group PLC | AGM |
| Manx Financial Group PLC | AGM |
| Mattioli Woods PLC | GM re Pollen Street Capital Ltd takeover |
| Persimmon PLC | AGM |
| Premier Miton Global Renewables Trust PLC | AGM |
| Relx PLC | AGM |
| Schroders PLC | AGM |
| Smithson Investment Trust PLC | AGM |
| Tissue Regenix Group PLC | AGM |
| Weir Group PLC | AGM |
| Friday 26 April | |
| Bellevue Healthcare Trust PLC | AGM |
| Kingspan Group PLC | AGM |
| Me Group International PLC | AGM |
| Pearson PLC | AGM |
| Senior PLC | AGM |
| Smurfit Kappa Group PLC | AGM |
| Monday 29 April | |
| Goldstone Resources Ltd | AGM |
| Hydrogen Future Industries PLC | AGM |
| JPMorgan Claverhouse Investment Trust PLC | AGM |
| KR1 PLC | EGM re buying up to 15% of shares in issue |
| Ocado Group PLC | AGM |
| Secured Property Developments PLC | GM re name change to Mollyroe PLC |
| Symphony International Holdings Ltd | AGM |
| Comments and questions to newsroom@alliancenews.com | |
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