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FTSE 250 movers: Retail weakness continues

Fri, 15th Jan 2010 12:43
Retailers are still left on the shelf following some cautious trading updates from the sector earlier this week Music, books and films retailer HMV, bike and car parts chain Halfords, and department store group Debenhams, all of which issued Christmas trading statements this week, are in the red.Defence technology group QinetiQ, which has warned that the seasonally stronger second half will not happen this year due to a delay in orders from governments in both Britain and the US, is also under attack.But DMGT, publisher of the Daily Mail, advances after UBS upgraded it to 'buy' from 'neutral', saying, 'DMGT is our preferred newspaper play given its exposure to B2B (c70% of profits), and attractive valuation.'Iron ore producer Ferrexpo, also higher, saved the best to last in 2009, with output in the fourth quarter being the best of the year.FTSE 250 - RisersDaily Mail and General Trust (DMGT) 475.20p +5.46%Yell Group (YELL) 38.25p +4.22%Misys (MSY) 218.50p +4.20%Ferrexpo (FXPO) 239.00p +4.18%Rotork (ROR) 1,257.00p +3.54%Melrose Resources (MRS) 315.00p +2.94%SVG Capital (SVI) 143.50p +2.87%Sports Direct International (SPD) 97.80p +2.84%easyJet (EZJ) 376.50p +2.67%Stagecoach Group (SGC) 181.20p +2.66%FTSE 250 - FallersQinetiQ Group (QQ.) 142.20p -12.71%BBA Aviation (BBA) 163.10p -5.01%PV Crystalox Solar (PVCS) 65.00p -4.90%HMV Group (HMV) 81.45p -3.50%Premier Foods (PFD) 32.39p -3.34%Marston's (MARS) 86.75p -3.02%Debenhams (DEB) 69.10p -2.88%Halfords Group (HFD) 395.10p -2.66%Bodycote (BOY) 175.90p -2.55%Computacenter (CCC) 299.80p -2.54% Halfords Qinetiq Ferrexpo

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