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FTSE 250 movers: Miners gain ground on China cheer, but Funding Circle drops

Fri, 04th Jan 2019 14:32

(Sharecast News) - London's FTSE 250 was up 1.38% at 17,680.04 in afternoon trade on Friday, underpinned by a strong performance from miners and oilers.Opioid addiction treatment developer Indivior led the charge for risers on the index, while oil producers and service providers also gained as crude prices picked up further amid signs of lower crude supply and strong economic data, with Premier Oil, Tullow Oil, Vivo Energy and Weir Group all in the green.Miners Ferrexpo and Kaz Minerals also made gains as it emerged that US and China will hold vice-ministerial level negotiations over trade in Beijing on 7-8 January. They were also lifted by upbeat Chinese services data and news of more economic stimulus form the PBOC.The Caixin China services purchasing managers' index ticked up 53.9 in December from 53.8 in November, beating expectations for a reading of 52.9.In addition, the People's Bank of China said it would be cutting the required reserve ratio for banks by 0.5 percentage point on 15 January, with a further 0.5 percentage point cut on 25 January. China's central bank said the cut will release a net 800 billion yuan ($116 billion) of liquidity.Peer-to-peer lending marketplace Funding Circle was the top faller after the latest data from the Bank of England revealed that consumer lending grew at its slowest pace in nearly four years over November, with annual growth in unsecured consumer lending slowing to 7.1% from 7.4% the month before.Private healthcare company Mediclinic International dropped as the Medicines and Healthcare products Regulatory Agency addressed ongoing concerns that an increasingly likely 'no deal' Brexit scenario may limit the availability of medicines in the UK.Market MoversFTSE 250 (MCX) 17,680.04 1.38%FTSE 250 - RisersIndivior (INDV) 123.07p 9.49%Premier Oil (PMO) 74.50p 7.66%Ferrexpo (FXPO) 198.71p 5.95%Tullow Oil (TLW) 192.75p 5.59%Weir Group (WEIR) 1,310.00p 5.26%Capita (CPI) 113.90p 5.03%CYBG (CYBG) 186.40p 4.78%Vivo Energy (VVO) 132.00p 4.66%Victrex plc (VCT) 2,268.00p 4.42%Kaz Minerals (KAZ) 514.00p 4.20%FTSE 250 - FallersFunding Circle Holdings (FCH) 309.95p -4.17%Rank Group (RNK) 138.40p -2.67%Energean Oil & Gas (ENOG) 640.00p -2.22%Mediclinic International (MDC) 300.00p -1.64%Intu Properties (INTU) 109.10p -1.27%PZ Cussons (PZC) 211.80p -1.21%Spirent Communications (SPT) 114.40p -1.21%Hill & Smith Holdings (HILS) 1,145.00p -1.21%Smithson Investment Trust (SSON) 1,009.22p -1.06%Games Workshop Group (GAW) 3,060.00p -0.97%
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25 Mar 2020 08:30

Vivo Energy Withdraws Guidance For 2020 Due To Covid-19 Outbreak

Vivo Energy Withdraws Guidance For 2020 Due To Covid-19 Outbreak

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25 Mar 2020 08:19

Vivo Energy to pay dividend but pulls guidance

(Sharecast News) - Fuel distributor Vivo Energy said it still intended to pay a full year dividend but pulled its guidance due to the coronavirus, the company said on Wednesday.

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4 Mar 2020 08:45

Vivo Energy Doubles Annual Dividend As Profit Rises On Engen Volumes

Vivo Energy Doubles Annual Dividend As Profit Rises On Engen Volumes

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4 Mar 2020 07:51

Vivo Energy earnings grow after Engen acquisition

(Sharecast News) - Vivo Energy reported a rise in full-year earnings on Wednesday as revenue grew, mainly thanks to the contribution from its Engen-branded markets.

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26 Feb 2020 16:15

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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10 Feb 2020 12:52

Monday broker round-up

(Sharecast News) - Consort Medical: RBC Capital Markets upgrades to sector performer with a target price of 1,010p.

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10 Feb 2020 09:36

UK BROKER RATINGS SUMMARY: Goldman Cuts Whitbread To Sell From Neutral

UK BROKER RATINGS SUMMARY: Goldman Cuts Whitbread To Sell From Neutral

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16 Jan 2020 08:28

Vivo Energy responds to report on Moroccan fuel retail industry

(Sharecast News) - Downstream petroleum company Vivo Energy's Moroccan subsidiary has received a report from investigators in charge of the Conseil de la Concurrence's ongoing review of the competitive dynamics of the African nation's fuel retail industry.

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16 Jan 2020 08:18

Vivo Energy Confident As Moroccan Regulatory Probes Competition

Vivo Energy Confident As Moroccan Regulatory Probes Competition

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1 Nov 2019 11:28

Moody's Assigns Baa3 Rating To Vivo Energy With Stable Outlook

Moody's Assigns Baa3 Rating To Vivo Energy With Stable Outlook

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25 Oct 2019 08:44

Vivo Energy On Track For 2019 Expectations After "Record" Quarter

Vivo Energy On Track For 2019 Expectations After "Record" Quarter

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25 Oct 2019 08:17

Vivo Energy remains on track after Q3 sales and profit growth

(Sharecast News) - Vivo Energy on Friday said it was on track to meet full-year expectations after third quarter profit and sales volume growth was fuelled by a new acquisition.

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22 Oct 2019 13:26

Tuesday broker round up

(Sharecast News) - Sabre Insurance Group: Peel Hunt downgrades to add with a target price of 295p.

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18 Oct 2019 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

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1 Oct 2019 09:32

BROKER RATINGS SUMMARY: Bank Of America Says Buy IAG, Wizz And Ryanair

BROKER RATINGS SUMMARY: Bank Of America Says Buy IAG, Wizz And Ryanair

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