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FTSE 250 movers: Dixons dips, PZ Cussons bubbles up

Mon, 24th Jun 2019 15:06

(Sharecast News) - London's FTSE 250 edged 0.02% lower to 19,321.05 in afternoon trade on Monday, as Dixons Carphone was under the cosh yet again following a profit warning last week. The electronics retailer topped the fallers after analysts at Goldman cut the stock's price target from 148p to 130p after Dixons warned last week that an evolving UK mobile market will further hurt results in the new 2020 financial year.PPHE Hotel Group was also down on its first day of trading on the FTSE 250 index, while Bank of Georgia dropped amid fears of instability in the Eastern European nation after its capital endured a fourth night of protests with a coalition of opposition parties demanding the interior minister's resignation amid talk of early parliamentary elections.PZ Cussons was the biggest riser, with stock in Entertainment One also climbing after analysts at Berenberg initiated coverage on shares of the Canadian distribution and production firm at 'buy' with a 475p target price, noting that revenue remained strong despite disruption from the rise of subscription services such as Netflix and Spotify."Even excluding Apple, Google and Facebook, content spending in the US will be over $110bn in 2019 versus $95bn in 2018. While we do not know who will win the SVOD race, we do know that they will all need premium content to capture consumers' attention and wallets. We believe that Entertainment One is well positioned to serve that demand," said analysts.Finally, Neil Woodford's troubled Woodford Patient Capital made gains after it sold shares in two unquoted companies in the business' suspended Equity Income fund, raising £100m.Market MoversFTSE 250 (MCX) 19,321.05 -0.02%FTSE 250 - RisersPZ Cussons (PZC) 225.50p 6.12%Renishaw (RSW) 4,118.00p 5.00%Entertainment One Limited (ETO) 394.40p 4.50%Sirius Minerals (SXX) 14.03p 4.16%Woodford Patient Capital Trust (WPCT) 58.71p 3.92%Bakkavor Group (BAKK) 120.80p 3.42%FDM Group (Holdings) (FDM) 948.00p 3.04%Games Workshop Group (GAW) 4,918.00p 2.59%Contour Global (GLO) 180.40p 2.50%Daejan Holdings (DJAN) 5,550.00p 2.40%FTSE 250 - FallersDixons Carphone (DC.) 104.45p -5.77%PPHE Hotel Group Ltd (PPH) 1,780.00p -5.32%Drax Group (DRX) 277.00p -5.14%Dunelm Group (DNLM) 935.00p -4.49%Network International Holdings (NETW) 569.00p -2.90%Weir Group (WEIR) 1,472.00p -2.68%Amigo Holdings (AMGO) 225.50p -2.59%Bank of Georgia Group (BGEO) 1,563.00p -2.56%Galliford Try (GFRD) 625.00p -2.42%Kainos Group (KNOS) 660.00p -2.37%
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15 Oct 2019 08:55

LONDON MARKET OPEN: Stocks Higher; Helios Towers Makes Steady Debut

LONDON MARKET OPEN: Stocks Higher; Helios Towers Makes Steady Debut

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15 Oct 2019 08:38

Woodford flagship fund to be wound up

(Sharecast News) - The flagship investment fund of one-time stockmarket star Neil Woodford is to be wound up, its administrator said on Tuesday.

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15 Oct 2019 07:56

TOP NEWS: Woodford Equity Income Fund To Be Closed Down

TOP NEWS: Woodford Equity Income Fund To Be Closed Down

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8 Oct 2019 12:57

Asia-Focused Specialist Funds Rise In September - QuotedData

Asia-Focused Specialist Funds Rise In September - QuotedData

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30 Sep 2019 08:47

LONDON MARKET OPEN: Stocks Start Tentatively Higher; UK GDP To Come

LONDON MARKET OPEN: Stocks Start Tentatively Higher; UK GDP To Come

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30 Sep 2019 08:02

LONDON BRIEFING: Woodford "Very Sorry" But Sees Positives As NAV Drops

LONDON BRIEFING: Woodford "Very Sorry" But Sees Positives As NAV Drops

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30 Sep 2019 08:00

TOP NEWS: Woodford Patient Assets See Significant Drop In First Half

TOP NEWS: Woodford Patient Assets See Significant Drop In First Half

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30 Sep 2019 07:47

LONDON MARKET PRE-OPEN: Woodford Patient Capital NAV Down 26% In 6 Mos

LONDON MARKET PRE-OPEN: Woodford Patient Capital NAV Down 26% In 6 Mos

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26 Sep 2019 09:58

Woodford Patient Capital Takes Further Hit From Link Revaluations

Woodford Patient Capital Takes Further Hit From Link Revaluations

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17 Sep 2019 15:58

Woodford Patient Capital Confirms Recent BenevolentAI Revaluation

(Alliance News) - Woodford Patient Capital Trust PLC on Tuesday confirmed the unlisted asset that had its valuation independently reduced was BenevolentAI.Last Thursday, the trust said the

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12 Sep 2019 18:20

Woodford Patient Capital Trims Asset Value Further After Revaluation

(Alliance News) - Woodford Patient Capital Trust PLC said Thursday one of its unnamed unlisted assets had seen its valuation independently reduced, slicing 4.0 pence per share off its net asset in

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11 Sep 2019 15:17

FTSE 250 movers: Spectris surges, Cairn Energy drops

(Sharecast News) - London's FTSE 250 was up by 1.19% to 19,973.21 in afternoon trading on Wednesday, with Spectris leading the index higher.

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5 Sep 2019 14:47

FTSE 250 movers: CYBG slides, Future surges

(Sharecast News) - London's FTSE 250 was down 0.11% at 19,597.31 in afternoon trading on Thursday, with CYBG leading the index lower.

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4 Sep 2019 17:52

TOP NEWS: Marks & Spencer's 35 Year Spell In FTSE 100 Comes To An End

LONDON (Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, September 23, after completing its 100 of

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2 Sep 2019 10:43

WINNERS & LOSERS SUMMARY: Astra Higher On Positive Heart Trial Results

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - WINNERS----------AstraZeneca, a

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