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FTSE 250 movers: Bellway builds gains

Wed, 24th Mar 2010 13:23

Bellway leads the risers. The housebuilder upped its dividend by 10% after moving back into profit in the half year to January 31.Pre-tax profits during the six month period totalled £19m, up from a loss of £48.6m. Turnover climbed to £360.8m from £320.2m, as falling house prices attracted new buyers and prices stabilised.Peers Bovis and Barratt are also higher. Gold miner Hochschild is lacking lustre after it reported record full year production and a move into profit but also announced the resignation of CEO Miguel Aramburú. Elsewhere in previous metals, platinum specialist Aquarius Mining also falls.Oil and gas explorer Melrose Resources is lower after it reported a 78% decline in annual pre-tax profit, hurt by a drop in commodity prices, but believes 2010 will be a year of significant growth.FTSE 250 - RisersBellway (BWY) 764.00p +6.18%Arriva (ARI) 754.50p +5.30%Persimmon (PSN) 465.90p +4.46%Ferrexpo (FXPO) 355.40p +4.35%Euromoney Institutional Investor (ERM) 495.00p +4.21%ITV (ITV) 56.45p +4.15%Barratt Developments (BDEV) 129.50p +3.93%Bovis Homes Group (BVS) 411.00p +3.68%St James's Place (STJ) 258.60p +3.44%Britvic (BVIC) 447.90p +2.99%FTSE 250 - FallersF&C Asset Management (FCAM) 61.00p -6.01%Hochschild Mining (HOC) 270.00p -4.59%Melrose Resources (MRS) 307.00p -4.06%Gartmore Group (GRT) 190.00p -3.41%Aquarius Platinum Ltd. (AQP) 405.60p -3.34%John Wood Group (WG.) 366.80p -2.89%Hargreaves Lansdown (HL.) 330.60p -2.82%Unite Group (UTG) 250.30p -2.76%Robert Wiseman (RWD) 499.00p -2.73%Pennon Group (PNN) 513.50p -2.38%

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