Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

FTSE 250 movers: Just Eat extends gains, shares now close to offer price

Wed, 13th Aug 2014 15:00

The share price of Just Eat pushed even higher on Wednesday after the company said the previous day that profits trebled in the first half. The online takeaway marketplace said pre-tax profit was up 200% to £6m on revenues that jumped by 58% to £69.8m. The newly-listed stock has now jumped over 15% in the last two days to around 253p, and now stands just under its offer price of 260p, having been under pressure since its stock-market debut in April.Steel producer Evraz was making decent gains after raising $425m from a syndicate of European lenders. Evraz also said it has sold 34% of its South African steel and vanadium business Highveld for $27m.A host of housing-related stocks were in demand, including estate agent chain Savills and housebuilders Taylor Wimpey and Redrow.Enquest, the North Sea-focused oil producer, increased its production in the first half by 18% but shares fell after it raised its full-year capital expenditure guidance from $1bn to $1.2bn.Direct Line Insurance was lower after going ex-dividend, along with CSR, Countrywide and Greene King. CSR was also under pressure after Jefferies downgraded its recommendation for the wireless technology company from 'buy' to 'hold' and slashed its target price for the shares from 679p to 569p.FTSE 250 - RisersJust Eat (JE.) 253.00p +5.42%COLT Group SA (COLT) 141.80p +4.26%Evraz (EVR) 104.10p +4.00%Fenner (FENR) 359.40p +3.28%Fidessa Group (FDSA) 2,289.00p +2.92%Savills (SVS) 616.50p +2.75%Taylor Wimpey (TW.) 114.40p +2.69%Redrow (RDW) 246.20p +2.07%Fidelity European Values (FEV) 149.30p +2.05%Brit (BRIT) 250.00p +2.04%FTSE 250 - FallersDirect Line Insurance Group (DLG) 281.00p -5.20%Ocado Group (OCDO) 331.50p -3.83%Serco Group (SRP) 318.60p -3.60%AO World (AO.) 206.30p -3.55%Countrywide (CWD) 496.00p -3.50%CSR (CSR) 511.00p -3.40%Oxford Instruments (OXIG) 1,207.00p -3.21%EnQuest (ENQ) 120.80p -3.13%Greene King (GNK) 786.50p -2.84%Computacenter (CCC) 606.00p -2.73%BC

Related Shares

More News
2 May 2024 12:30

Direct Line revamps management with three new appointments

(Alliance News) - Direct Line Insurance Group PLC on Thursday announced several new appointments, which the company's chief executive officer hailed a...

17 Apr 2024 09:33

LONDON BROKER RATINGS: BofA cuts Ashmore; JPMorgan lifts Fresnillo

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

10 Apr 2024 15:00

London close: Stocks finish higher as US inflation tops forecasts

(Sharecast News) - London's stock markets closed positively on Wednesday, as investors processed a higher-than-anticipated inflation report from the U...

10 Apr 2024 08:51

LONDON MARKET OPEN: Stocks up ahead of US inflation data

(Alliance News) - European equities opened higher on Wednesday, as investors shook off nerves ahead of a key inflation reading from the US.

10 Apr 2024 08:25

Direct Line hires Aviva's Jane Poole as new finance chief

(Alliance News) - Direct Line Insurance Group PLC on Wednesday named Jane Poole as its new chief financial officer.

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.