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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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10 Jun 2019 07:41

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7 Jun 2019 17:15

REPEAT: Stocks Surge As US Jobs Miss Spurs Rate Cut Hopes

LONDON (Alliance News) - Stocks across the globe ended higher on Friday as a sharp slowdown in US job growth in May fuelled speculation that the Federal Reserve could cut interest rates sooner 100

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7 Jun 2019 17:04

LONDON MARKET CLOSE: Stocks Surge As US Jobs Miss Spurs Rate Cut Hopes

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7 Jun 2019 11:59

LONDON MARKET MIDDAY: Stocks Up As Dollar Weakens Ahead Of US Payrolls

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7 Jun 2019 10:35

WINNERS & LOSERS SUMMARY: Ferrexpo Gains As Woodford Continues Slide

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Smiths up 1

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6 Jun 2019 12:15

LONDON MARKET MIDDAY: Stocks Rise On Expectation Of Dovish Draghi

LONDON (Alliance News) - Stocks in London were mixed Thursday at midday, with large- and mid-cap indices firmly in the green as investors anticipate a dovish outlook from Europe's central In a

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6 Jun 2019 10:47

WINNERS & LOSERS SUMMARY: Rolls Royce And L&G Rise On Pension Pact

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------Rolls up

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5 Jun 2019 17:08

LONDON MARKET CLOSE: Stocks Rally On Hopes Of US Interest Rate Cut

LONDON (Alliance News) - Stocks in London ended higher on Wednesday, continuing to sustain momentum in the wake of dovish comments from the US Federal Reserve on Tuesday. The FTSE 100 index closed

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5 Jun 2019 11:54

LONDON MARKET MIDDAY: Stocks Rise On Hint Of US Interest Rate Cut

LONDON (Alliance News) - Stocks in London were firmly in the green at midday buoyed by US Federal Reserve Chair Jerome Powell suggesting the US central bank could be open to cutting interest In up

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5 Jun 2019 10:43

WINNERS & LOSERS SUMMARY: Provident Financial Shares Jump On Bid Lapse

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - up 3.0%. The cruise line operator agreed a

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5 Jun 2019 08:50

LONDON MARKET OPEN: Carnival Rises After Settling US Pollution Case

LONDON (Alliance News) - Stocks in London opened in the green Wednesday morning following sharp rises in New York, after Federal Reserve Chair Jerome Powell suggested the US central bank could The

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4 Jun 2019 17:09

LONDON MARKET CLOSE: FTSE End Higher As Pound Lifts On Trump Promise

LONDON (Alliance News) - Stocks in London ended higher Tuesday with the FSTE indices shrugging off sharp falls from Hargreaves Lansdown and Woodford Patient Capital Trust, following fund manager a

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4 Jun 2019 15:08

UPDATE: Kent Council Unaware Of Woodford's Decision To Suspend Trading

LONDON (Alliance News) - Kent County Council has hit back at fund manager Neil Woodford, saying it was unaware of the fund's decision to suspend redemptions from his equity funds on County or

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4 Jun 2019 14:50

Phoenix Spree Unaware Of Any Interest Held By Woodford Funds (ALLISS)

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4 Jun 2019 12:17

LONDON MARKET MIDDAY: Hargreaves Suffers Fallout From Woodford Closure

LONDON (Alliance News) - Having opened lower across the board, stocks in London were mixed at midday on Tuesday with investors shrugging off US-China trade war concerns.In London, the FTSE 100 was

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