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FTSE 250 movers: Vivo Energy surges, Kier falls down

Wed, 19th Dec 2018 15:13

(Sharecast News) - London's FTSE 250 was up 0.88% at 17,648.252 in afternoon trade on Wednesday, as Vivo Energy advanced on the back of a strong performance from one of its parent companies.Vivo Energy, which is the company behind the Shell brand in Africa, was the standout gainer on the index as Royal Dutch Shell's shares advanced having dropped on Tuesday amid reports that the oil giant is mulling a $8bn bid for Texas oil producer Endeavor Energy.Meanwhile, online gambling firm 888 Holdings surged after saying it expects full-year adjusted EBITDA to be in line with expectations as the second half delivered further progress against the group's strategic objectives. 888 said it had continued its momentum in sport, casino and across regulated European markets.Elementis inched up after Berenberg reiterated its 'buy' rating with a target price of 225p, stating that the speciality chemicals company's fortunes should improve after the company's shares undeperformed since the "much maligned" takeover of Mondo Minerals in late June."2019 should be a good year for Elementis: the first benefits of the Mondo acquisition will become apparent; personal care should return to top-line growth; and the company is poised to benefit from pricing momentum in chromium," said a note from the broker's analysts.James Fisher and Sons crept upward after its subsidiary JFD won a £30m contract with Daewoo Shipbuilding & Marine Engineering to design, build and deliver a deep search and rescue vehicle for the Korean navy, together with training and in-service support.UK construction, services and property group Kier Group was the top faller even as other housebuilders put in a strong performance.Weir Group was also under the cosh after a its price target was cut from 1,900p to 1,800p at Credit Suisse, though it was resumed at 'neutral' by Goldman Sachs who argued that the headwinds currently weighing on the stock should ease in 2019.Market MoversFTSE 250 (MCX) 17,648.22 0.88%FTSE 250 - RisersVivo Energy (VVO) 134.82p 10.24%888 Holdings (888) 186.40p 9.65%Rank Group (RNK) 153.00p 8.20%CLS Holdings (CLI) 223.50p 5.67%Just Group (JUST) 95.10p 5.20%FDM Group (Holdings) (FDM) 794.00p 5.17%Softcat (SCT) 593.00p 4.96%Capita (CPI) 109.05p 4.65%Elementis (ELM) 177.80p 4.47%Fisher (James) & Sons (FSJ) 1,772.00p 4.24%FTSE 250 - FallersKier Group (KIE) 387.88p -6.40%AA (AA.) 77.08p -5.47%TBC Bank Group (TBCG) 1,354.00p -3.70%Weir Group (WEIR) 1,286.50p -3.56%G4S (GFS) 189.20p -2.62%Avast (AVST) 260.00p -2.38%Premier Oil (PMO) 60.10p -2.04%Thomas Cook Group (TCG) 28.70p -1.85%Hikma Pharmaceuticals (HIK) 1,861.50p -1.59%Hunting (HTG) 485.00p -1.30%
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1 Aug 2019 11:49

Vivo Energy Hikes Interim Payout As Results Rise On Volumes Boost

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20 Jun 2019 09:45

Vivo Energy enters partnership to expand KFC's Africa footprint

(Sharecast News) - Africa-focussed Shell and Engen-branded fuel and lubricant retailer Vivo Energy has agreed to form a non-fuel joint venture to accelerate the roll-out of KFC restaurants in Kenya, Uganda and Rwanda, it announced on Thursday.

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FTSE 250 movers: Amigo slides, gold miners sparkle

(Sharecast News) - London's FTSE 250 was 0.53% lower at 19,223.25 in afternoon trading on Wednesday, as Amigo Holdings led the index lower.

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FTSE 250 movers: Sophos surges, Just Group slides

(Sharecast News) - London's FTSE 250 was up 0.59% at 19,484.51 in afternoon trade on Thursday, with Sophos leading the index upward.

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Vivo Energy Q1 volumes up 7% as Energean provides boost

(Sharecast News) - Pan-African lubricant and fuel maker Vivo Energy said first quarter volumes rose 7% to 2.4bn litres due to good underlying growth in its existing Shell-branded markets, a contribution from new Engen-branded markets and additional sites in Kenya.

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