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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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11 Jun 2018 09:36

CORRECT (June 8): Syncona, Woodford And Arix Investee Plans ADS Offer

(Correcting Syncona and Woodford's shareholding value in Autolus Therapeutics following the ADS offering)LONDON (Alliance News) - Healthcare investor Syncona Ltd said Friday that its an

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24 Apr 2018 08:58

Woodford Patient Capital Net Asset Value Falls As Prothena Trial Fails

LONDON (Alliance News) - FTSE 250-listed Woodford Patient Capital Trust's net asset value for 2017 dropped as one of its portfolio companies Prothena Corp, reported a failed trial of one of in

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23 Apr 2018 17:47

Woodford Patient Investee Prothena Reports Disappointing Trial Results

LONDON (Alliance News) - Woodford Patient Capital Trust PLC said Monday that investee Prothena Corp PLC's trial investigating NEOD001 for treating AL Amyloidosis has not met its primary trust

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14 Mar 2018 13:12

BP Marsh Has Strong February After Positive Results - QuotedData

LONDON (Alliance News) - Net asset value moves during February were a result of dollar strength rather than a change in the local currency value of assets, according to a by a

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4 Aug 2016 08:52

Assets fall significantly at Woodford Patient Capital Trust

(ShareCast News) - Woodford Patient Capital Trust announced its unaudited half-yearly financial report for the period from 1 January to 30 June on Thursday, with net assets falling to £717.89m from £814.86m a year ago. The FTSE 250 firm's net asset value fell to 86.81p from 101.86p, while its share

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8 Jul 2016 12:18

Gold Funds Rally In June But UK Funds Stung By Brexit - QuotedData

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8 Jul 2016 12:12

Best And Worst Performing London-Listed Funds In June - QuotedData

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3 Jun 2016 15:04

UK Dividends Calendar - Next 7 Days

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22 Mar 2016 08:25

Woodford Patient Capital To Pay 2015 Dividend As Net Asset Value Slips

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22 Mar 2016 08:03

Woodford Patient Capital Trust declines in maiden results

(ShareCast News) - Neil Woodford's latest investment vehicle Woodford Patient Capital Trust saw net asset value fall during 2015, by 2.6% to 97.38p, it reported in its maiden results on Tuesday. The FTSE 250 company nonetheless described its investment opportunities as "better, deeper and richer" th

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2 Feb 2016 07:57

Imperial Innovations Takes Part In MISSION Therapeutics Funding Round

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13 Jan 2016 07:56

Woodford Patient Capital Eyes Further Capital Raising (ALLISS)

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8 Jan 2016 06:55

PRESS: Woodford Calls For Break-Up Of GlaxoSmithKline - BBC

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17 Dec 2015 11:46

Estate Agency Purplebricks Trades 6% Lower On First Day On AIM (ALLIPO)

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10 Dec 2015 07:01

Neil Woodford Sells Out Of Rolls-Royce After Losing Confidence (ALLISS)

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