Less Ads, More Data, More Tools Register for FREE

FTSE 250 movers: Big Yellow surges on rising profits, miners lower

Tue, 19th May 2015 13:15

UK stocks edged higher on Tuesday, despite confirmation of the UK's first deflation since the 1960s. Sector-wise, losses made by miners and telecommunications were offset by strong results from real estate, construction and insurance stocks.As of 2:30GMT, the FTSE 250 was trading 134 points higher at 18,156.Top of the 250 leaderboard was Big Yellow, as the self storage company reported rising annual profits thanks to higher occupancy and prices.DCC was another riser, following a €464m bid for oil giant Shell's Butagaz liquefied petroleum gas business in France. Analysts at Berenberg said the deal would significantly boost earnings.Moneysupermarket.com was in the red as founder Simon Nixon cut his stake in the company to 12.8%.Aveva dipped as its adjusted pre-tax profits sank 21% to £62.1m, as margins shrank to 29.8% from 33% a year ago. Shares in the company have been inflated recently due to intense bid speculation. The outlook appears tough, said analysts at RBC Capital Markets.BTG was a major faller as its annual profits declined as acquisitions and foreign exchange movements offset revenue growth.Miners were trading lower, including Acacia Mining, Kaz Minerals, Evraz and Petra Diamonds. RisersDCC (DCC) 4,896.00p +11.53%Big Yellow Group (BYG) 694.00p +5.87%Clarkson (CKN) 2,525.00p +4.82%Homeserve (HSV) 418.70p +3.13%AL Noor Hospitals Group (ANH) 914.50p +2.98%Fidelity China Special Situations (FCSS) 168.00p +2.94%Galliford Try (GFRD) 1,583.00p +2.79%TalkTalk Telecom Group (TALK) 390.10p +2.77%Booker Group (BOK) 153.70p +2.60%Betfair Group (BET) 2,584.00p +2.54%FallersBTG (BTG) 719.00p -8.17%Aveva Group (AVV) 1,905.00p -4.75%Evraz (EVR) 187.10p -4.25%Drax Group (DRX) 402.10p -3.48%Kaz Minerals (KAZ) 256.20p -3.39%Petra Diamonds Ltd.(DI) (PDL) 170.30p -3.29%Hunting (HTG) 587.00p -3.22%Acacia Mining (ACA) 300.40p -3.10%Moneysupermarket.com Group (MONY) 294.30p -2.71%Cairn Energy (CNE) 174.40p -2.68%

Related Shares

More News
5 May 2021 15:54

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

4 May 2021 15:37

IN BRIEF: Takeover vehicle of Kaz Minerals chair to buy rest of shares

IN BRIEF: Takeover vehicle of Kaz Minerals chair to buy rest of shares

29 Apr 2021 11:03

Kaz Minerals on track for annual guidance amid metals production drop

Kaz Minerals on track for annual guidance amid metals production drop

26 Apr 2021 07:38

Bidco Nova Resources moves to take Kaz Minerals private

April 26 (Reuters) - The consortium bidding to take KAZ Minerals private said on Monday its bid for the copper miner had been declared unconditional...

9 Apr 2021 17:44

IN BRIEF: Kaz Minerals takeover by Nova becomes unconditional

IN BRIEF: Kaz Minerals takeover by Nova becomes unconditional

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.